Discover the Navy Federal Platinum Credit Card in this review: low interest, no annual fees.

Read on to determine if this is the card you’ve been looking for. Learn about its features, benefits, and drawbacks.

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 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.

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.

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.

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.

Discover the process of applying for the Navy Federal Platinum Credit Card through our post. Continue reading to learn more!