Navy Federal Offering 20,000 Point Bonus On GO REWARDS Credit Card

The Offer

Direct link to offer

  • NFCU is offering a bonus of 20,000 points after $3,000 in spend within the first 90 days on the GO REWARDS Credit Card

Card Details

  • No annual fee
  • Card earns at the following rates:
    • 3x points at restaurants
    • 2x points on gas
    • 1x point on everything else
  • Eligibility to NFCU is for military members, associated persons and their family. See more here.

Our Verdict

Points are worth 1¢ towards travel (& I think statement credit) and there is a minimum redemption of 5,000 points. Read this post to learn everything you need to know about Navy Federal Credit Union Credit Cards. I think 15,000 points is the highest we’ve seen for this card. $200 is one of the better cash sign bonuses and 3x at restaurants is competitive. In saying that there are much better options for both gas purchases and purchases everywhere else.

Hat tip to TPG

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9 Comments
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Sarah
Sarah (@guest_422401)
June 17, 2017 15:03

This is a great card for foreign travelers who aren’t huge churners. No foreign transaction fee, no AF, and 3% on restaurants is awesome.

Jake
Jake (@guest_422167)
June 17, 2017 00:28

if I wasn’t trying really hard to fall under 5/24 I would pick this up in a heartbeat.

Charles Baker
Charles Baker (@guest_422122)
June 16, 2017 22:49

I have this card. 3x points for restaurants was good, but once I got the Chase Sapphire Reserve, that became my restaurant card. The most annoying feature of Go Rewards is the $50 minimum redemption. I don’t think a statement credit is an option. I had to request that my $50 be posted to my Navy Federal savings account.

Sarah
Sarah (@guest_422400)
June 17, 2017 15:00

No, its $10.

https://www.navyfederal.org/products-services/cards/creditcards/gorewards.php

When you open a GO REWARDS account,† you’ll earn 3 points at restaurants, 2 points on gas and 1 point on everything else.1

Visa Signature Perks
Details:

Rewards Expiration: 4 years from
date earned
Rewards Limit: None
Start Redeeming: 1,000 points

Additionally, the cashRewards card has no minimum redemption so it would be bizarre for Navy Federal to have such a high requirement on their other cards.

Sarah
Sarah (@guest_422410)
June 17, 2017 15:33

Actually, I just found and read the full rewards program at https://www.navyfederal.org/pdf/creditcards/NFCU_821VS-CC.pdf and you are right

“GO REWARDS points may be redeemed for cash
back on at least a per point basis (e.g., 10,000 points for $100), credited to your savings account.

5,000 Points $50

10,000 Points $100

15,000 Points $150

20,000 Points $200

25,000 Points $250

30,000 Points $300

35,000 Points $350

40,000 Points $400

GO REWARDS points may also be redeemed
through Pay with Points for transactions that have already posted
to your account in the past 90 days. Pay with Points is valid for
up to three transactions totaling a minimum of $50.
Transaction redemptions are at a per point basis (e.g., $51.11 Sports Authority backpack for 5,111 points) and will be credited to your statement.
No partial redemptions can be made. Cash redemptions may be
requested by logging on to Navy Federal Online
Banking and using the available link for redemptions.”

I also saw nothing in there less than 3,500 points ($35) for “selection of merchandise and gift cards” so where did the 1,000 points come from?

Very weird that their cards differ in rewards redemption ease so much.

Charles Baker
Charles Baker (@guest_422531)
June 17, 2017 22:59

Several years ago I had the NFCU nRewards Visa, and the minimum cash equivalent redemption was 10,000 points for a $100 gift card.

NinjaX
NinjaX (@guest_422074)
June 16, 2017 21:30

wyndham lawsuit coming…