Credit Cards
Where Zero Means More: Navy Federal Platinum Card Review
Get everything you need to know about the Navy Federal Platinum Card in our review and discover why "zero" is a great value - pay no hidden fees!
Advertisement
Enhance your experience with zero fees – no annual, foreign transaction, or balance transfer fees
Discover the Navy Federal Platinum Credit Card in this review: low interest, no annual fees.
Apply for Navy Federal Platinum Card
If you have questions on how to apply for the Navy Federal Platinum Credit Card, know that it is not rocket science – no hidden fees!
Read on to determine if this is the card you’ve been looking for. Learn about its features, benefits, and drawbacks.
- Credit Score: 690-850 (Good – Excellent);
- Annual Fee: $0;
- Purchase APR: 10.99% – 18.00% (Variable);
- Cash Advance APR: 2% higher than the variable APR on purchases;
- Welcome Bonus: N/A;
- Rewards: N/A.
You will be redirected to another website
You’ll receive messages for less than 1 week, with a maximum of 1 message per day. You can unsubscribe anytime by replying STOP. By submitting this form, I confirm that I am 18+ years old and agree to the Privacy Policy and Terms and Conditions. I also provide my signature, giving express consent to receive informational messages via automated emails, SMS, MMS text messages, and other forms of communication. Message frequency may vary as part of our good-faith effort to respond to your inquiry. Message and data rates may apply. Text STOP to cancel. I understand that my consent to receive communications is not a condition of purchase and that I may revoke my consent at any time.
Advertisement
Navy Federal Platinum Credit Card: how does it work?
The Navy Federal Platinum Credit Card is a great option for members who want to make large purchases and pay them off over time.
For example, let’s say you want to buy a new laptop for $1,000. With this card, you can spread out your payments over time while taking advantage of its low-interest rate.
By doing so, you’ll save money by minimizing interest charges. However, you do need to be a member of the Navy Federal Credit Union to apply.
Here is how it stacks up:
No Fees
No annual fees, balance transfer fees, foreign transaction fees, or cash advance fees.
So, you can use your card for purchases or balance transfers without worrying about extra charges.
Advertisement
Potential Interest Savings
Transfer balances from other credit cards within 60 days of activating your new card.
Then you will enjoy a low introductory APR of 0.99% for the first 12 months for transferred balances.
After that, the APR will vary between 10.99% and 18%.
However, the introductory APR period is not long, so make sure to take advantage of the low rate as soon as possible.
Navy Federal Platinum Credit Card: should you get one?
This credit card is best suited for individuals with good to excellent credit who wish to save on interest charges.
Before choosing the Navy Federal Platinum Credit Card, it’s important to review and consider the following pros and cons.
Advertisement
Pros
- No annual, balance transfer, foreign transaction, or cash advance fees;
- Low-interest rate;
- Potential for savings on interest through balance transfers;
- Good for international travel.
Cons
- No rewards program;
- Requires eligibility to join the Navy Federal Credit Union;
- No sign-up bonus.
Credit score required
To qualify for the Navy Federal Platinum credit card, you need to have good to excellent credit, which is typically considered a score of 690 or higher.
Navy Federal Platinum Credit Card application: how to do it?
Discover the process of applying for the Navy Federal Platinum Credit Card through our post. Continue reading to learn more!
Apply for Navy Federal Platinum Card
If you have questions on how to apply for the Navy Federal Platinum Credit Card, know that it is not rocket science – no hidden fees!
Trending Topics
What is PayPal Credit and how does it work?
Do you want to know how PayPal credit works? Discover all about PayPal Credit: what it is, how it works. Read on!
Keep ReadingMore Rewards, Fewer Fees: X1 Credit Card Review
Check out this comprehensive review of the X1 Credit Card! $0 annual fee and unlimited rewards - read on and learn more!
Keep ReadingHow to start planning your retirement
Wondering how to plan for retirement? Check out our top tips on how to save enough money and create a plan that's just right for you.
Keep ReadingYou may also like
National School Lunch Program: see how to apply
Learn how to apply to the National School Lunch Program and get your children nutritious meals. Learn more now!
Keep ReadingApply for the Verizon Visa® Card: enjoy no annual fee
You can apply for a Verizon Visa® Card easily! Earn up to 4% cash back with no annual fee! Read on and learn more!
Keep ReadingApply for The Platinum Card® from American Express
It is simple to apply for The Platinum Card® from American Express. If you love getting benefits and traveling the world, apply now for it.
Keep Reading