The Navy Federal Credit Union (NFCU) cashRewards Plus card now earns 2% cashback on all purchases. (Press Release) The standard cashRewards version earns 1.5%. Apparently, anyone who is approved for a credit line of $5,000+ will get the Plus version and lower credit line approvals get the standard version.
Both versions come with the same $200 signup bonus after spending $2,000 within 90 days. (Note: We have seen better bonuses on this card in the past.) They also currently come with a bonus for a $98 credit when you spend at least $49 on Walmart+ membership. This offer is valid through 1/1/25.
Many existing cashRewards cardholders are being upgraded to the Plus version and getting 2% on all purchases, as discussed in this prior post.
View Comments (7)
Anyone want to be my room mate so I can join :)
Had the same bonus with Wells Fargo active (spend $500 get $200), 2% back. Actually got $300 bc of premier checking.
I got 2% for both of our household cards. Now I'm considering downgrading the flagship to Go rewards - the main reason I had the flagship was the 2% but now I'm not sure if the extra 1% for travel makes up for the annual fee for me.
Don't forgot amazon prime credit and also TSA-PRE and 49 af isn't huge. Granted it is an AF although a small one easily offset if one can use Amazon credit.
Forgot about my Costco Visa which also has 3% on travel. TSA-global entry fees are once per 5years so maybe can downgrade to Go rewards and then upgrade again when fee is due.
I doubt they'll bring back the $300 sub now that they've raised it to a 2% card.
I didn't get targeted for the thing on August, but I got upgraded. I think everyone got upgraded who had the sufficient credit limit.