Navy Federal More Rewards / Flagship Rewards

Earning Rates

Key Benefits

All Benefits

• Current public welcome offer: earn 35,000 bonus points (a $350 value) after spending $3,500 in net purchases within 90 days of opening a new Flagship Rewards account; points post after the qualifying spend threshold is met and can be redeemed as $350 cash back, $350 in travel, gift cards, or merchandise at the standard 1 cent per point baseline (per Navy Federal Visa Signature Flagship Rewards product page welcome bonus disclosure and Doctor of Credit Flagship coverage)
• $49 annual fee on the Visa Signature Flagship Rewards card, billed each year the account is open; this is the Flagship tier (Navy Federal also offers a separate no-annual-fee More Rewards American Express card, a different product not covered here) per the Navy Federal Flagship Rewards product page fees disclosure
• Navy Federal Credit Union membership is required to apply; membership is open to active duty / Reserve / Veteran / Retired / National Guard service members across all branches, DoD civilian employees and contractors, and immediate family members (spouse, parent, child, sibling, grandparent, grandchild, household member) of an existing NFCU member; the Flagship Rewards card is not available to the general U.S. public who lack a military or DoD-family tie (per Navy Federal Flagship Rewards product page eligibility callout)
• Earn 3X Navy Federal points per $1 on travel purchases including airline tickets, hotels, car rentals, cruises, campgrounds and RV parks, ride-sharing services, parking, tolls, bridges, ferries, and select travel-coded entertainment; the 3X travel category is uncapped (per Navy Federal Flagship Rewards product page earnings disclosure and Doctor of Credit Flagship coverage)
• Earn 2X points per $1 on all other eligible net purchases that don't fall into the 3X travel bucket; the 2X base earning is uncapped, which makes this card unusual among U.S. travel cards in that there is no 1X catch-all tier (per Navy Federal Flagship Rewards product page earnings disclosure)
• Navy Federal points have a baseline redemption value of 1 cent per point: 35,000 points = $350; points can be redeemed for cash back as a statement credit or deposit to an NFCU share or checking account, for travel booked through the Navy Federal rewards portal, for gift cards, or for merchandise, all at the same 1 cent per point cap (per Navy Federal Flagship Rewards product page rewards redemption disclosure)
• Navy Federal points do not expire as long as the Flagship Rewards account remains open and in good standing; there is no monthly minimum spend required to keep points alive (per Navy Federal Flagship Rewards product page points expiration disclosure)
• Transfer partners to airline or hotel loyalty programs: Not offered. NFCU Flagship points cannot be transferred to Star Alliance (United MileagePlus), Oneworld (American AAdvantage, British Airways Avios), SkyTeam (Delta SkyMiles, Air France-KLM Flying Blue), Hyatt, Marriott Bonvoy, Hilton Honors, IHG, Wyndham, or any other airline / hotel program; this is a closed-loop bank rewards program with redemption locked to the NFCU portal, in contrast to Chase Ultimate Rewards, Amex Membership Rewards, Citi ThankYou Points, Capital One Miles, Wells Fargo Rewards, and Bilt Rewards, which all have transfer partner networks (per Navy Federal Flagship Rewards product page redemption options and Doctor of Credit Flagship coverage)
• Free annual Amazon Prime membership benefit: each year you maintain the Flagship Rewards card, Navy Federal credits the equivalent annual cost of an Amazon Prime membership (currently $139/year) as a statement credit when you charge Amazon Prime to the card; this benefit alone offsets the $49 annual fee with $90 of net value per year (per Navy Federal Flagship Rewards product page Amazon Prime credit disclosure)
• $100 statement credit toward Global Entry or TSA PreCheck application fee, available once every four years when you pay the application fee with your Flagship Rewards card; the credit posts as a statement credit within 1-2 billing cycles of the qualifying application charge (per Navy Federal Flagship Rewards product page Global Entry / TSA PreCheck disclosure)
• Up to 1% APR reduction on Navy Federal personal loans and auto loans for Flagship Rewards cardholders, an unusual cross-product cardholder benefit specific to credit-union ownership; the rate discount applies when the cardholder also originates an eligible NFCU loan and is rare in the U.S. credit card market because traditional bank issuers (Chase, Amex, Citi, Capital One) do not bundle loan rate discounts with credit cards (per Navy Federal Flagship Rewards product page loan benefit disclosure)
• No foreign transaction fees on purchases made outside the United States or in a foreign currency, making the Flagship Rewards card competitive for international travel against Chase Sapphire Preferred ($95 AF / no FX), Capital One Venture ($95 AF / no FX), and Bank of America Travel Rewards ($0 AF / no FX) at a lower $49 annual fee (per Navy Federal Flagship Rewards product page no FX fee disclosure and Doctor of Credit Flagship coverage)
• No balance transfer fee on transfers from non-NFCU accounts to the Flagship Rewards card, an unusually depositor-friendly fee structure compared to the typical 3-5% balance transfer fee charged by Chase, Amex, Citi, and Capital One; combined with NFCU's competitive promotional APR offers this makes Flagship an underrated balance transfer destination (per Navy Federal Flagship Rewards product page fees disclosure)
• No cash advance fee on the Flagship Rewards card; cash advances accrue interest immediately at the cash advance APR but Navy Federal does not charge the typical $10 or 3-5% per cash advance transaction fee that bank issuers charge (per Navy Federal Flagship Rewards product page fees disclosure)
• Visa Signature card network designation, providing the issuer-elected Visa Signature benefit suite including Visa Signature Concierge, travel and emergency assistance services, lost luggage reimbursement, travel accident insurance, auto rental collision damage waiver, Visa Signature Luxury Hotel Collection access, and Roadside Dispatch (per Navy Federal Flagship Rewards product page Visa Signature benefits list)
• Visa Signature Concierge: complimentary 24/7 concierge service accessible by phone for help with tickets to sports and entertainment events, dinner reservations at hard-to-book restaurants, gift sourcing, travel bookings, and similar requests; cardholder pays for any goods or services arranged (per Navy Federal Flagship Rewards product page Visa Signature Concierge callout)
• Trip Cancellation and Trip Interruption insurance: coverage for non-refundable Common Carrier ticket costs charged to the card if a covered trip is cancelled or interrupted due to the death, accidental bodily injury, disease, or physical illness of the cardholder or an Immediate Family Member, or default of the Common Carrier; this Visa Signature trip protection is included on the Flagship Rewards card per Navy Federal's published Visa Signature benefits list (per Navy Federal Flagship Rewards product page travel insurance disclosure)
• Lost Luggage Reimbursement: Visa Signature coverage for checked or carry-on luggage that is lost or stolen during a trip taken on a Common Carrier when the trip was charged to the Flagship Rewards card; reimbursement is secondary to the carrier's coverage and the cardholder's homeowners or renters insurance per the standard Visa Signature Guide to Benefits referenced by the Navy Federal product page
• Travel Accident Insurance: Visa Signature common-carrier travel accident insurance providing accidental death and dismemberment coverage for the cardholder, spouse / domestic partner, and dependent children when the full fare of a Common Carrier ticket is charged to the Flagship Rewards card (per Navy Federal Flagship Rewards product page Visa Signature travel benefits disclosure)
• Auto Rental Collision Damage Waiver: Visa Signature secondary auto rental CDW coverage worldwide (excluding select restricted countries and vehicle types) when the entire rental is paid with the Flagship Rewards card and the cardholder declines the rental company's collision damage waiver; coverage is secondary to the cardholder's personal auto insurance (per Navy Federal Flagship Rewards product page Visa Signature CDW callout and standard Visa Signature Guide to Benefits terms)
• Travel and Emergency Assistance Services: Visa Signature 24/7 coordination of medical, legal, and travel referral services while away from home, including medical and legal referrals, emergency transportation assistance, emergency ticket replacement, and lost luggage locator service; the cardholder pays for the actual goods and services obtained (per Navy Federal Flagship Rewards product page Visa Signature benefits list)
• Roadside Dispatch: Visa Signature 24/7 pay-per-use roadside assistance dispatch in the U.S. and Canada (towing, jump start, tire change, lockout, fuel delivery, winching) at a pre-negotiated flat per-service price billed to the cardholder; no annual roadside membership is required (per standard Visa Signature Guide to Benefits referenced by the Navy Federal Flagship Rewards product page)
• Visa Signature Luxury Hotel Collection: access to special on-property benefits at over 900 hand-selected luxury hotels worldwide when booked through the Visa Signature Luxury Hotel Collection, typically including room upgrade upon arrival when available, complimentary in-room Wi-Fi, complimentary daily continental breakfast for two, a food or beverage credit, and late checkout (per Navy Federal Flagship Rewards product page Visa Signature Luxury Hotel callout)
• Cell phone protection: Not offered as a card benefit on the Flagship Rewards; this benefit is not surfaced on the Navy Federal Flagship Rewards product page and is not part of the standard Visa Signature benefit suite, so cardholders who want cell phone protection should pay their phone bill on a different card that offers it (e.g., Chase Ink Business Preferred, Wells Fargo Active Cash) (per Navy Federal Flagship Rewards product page benefits list absence)
• Airport lounge access: Not offered. The Flagship Rewards card does not include Priority Pass Select membership, Centurion Lounge access, Capital One Lounge access, Delta Sky Club access, United Club access, or any other airport lounge benefit; this is one of the primary tradeoffs versus premium travel cards like the Chase Sapphire Reserve, Amex Platinum, or Capital One Venture X (per Navy Federal Flagship Rewards product page benefits list absence)
• Annual hotel statement credit: Not offered. There is no annual hotel booking credit, Hyatt credit, or Marriott credit on the Flagship Rewards card, in contrast to premium issuer-branded cards (per Navy Federal Flagship Rewards product page benefits list absence)
• Annual airline fee credit: Not offered. There is no annual airline incidental statement credit on the Flagship Rewards card, in contrast to Amex Platinum and Amex Business Platinum (per Navy Federal Flagship Rewards product page benefits list absence)
• Status / elite benefits with airlines or hotels: Not offered. The Flagship Rewards card does not confer Marriott Silver, Hilton Silver, Hyatt Discoverist, IHG Platinum, or any airline elite status (per Navy Federal Flagship Rewards product page benefits list absence)
• Military-tied additional benefits: Navy Federal regularly waives or refunds annual fees for active duty / deployed service members per the Servicemembers Civil Relief Act (SCRA) and Military Lending Act (MLA); deployed cardholders may see the $49 annual fee waived for the duration of qualifying deployment and may receive APR caps under SCRA (typically 6%); these protections are statutory and not a Navy Federal-specific marketing benefit but are particularly accessible at NFCU given the membership base (per Navy Federal Flagship Rewards product page military benefits language and SCRA / MLA federal protections)
• Authorized users: Navy Federal does not charge an authorized user fee on the Flagship Rewards card, and authorized users earn points and benefit from the Visa Signature card features when using the card; authorized users must typically also be eligible for NFCU membership (per Navy Federal Flagship Rewards product page authorized user disclosure)