Credit Cards

Navy Federal More Rewards Amex Credit Card Review

Editorial IndependenciaWe want to help you make more informed decisions. Some clearly marked links on this page may take you to a partner website and may earn us a referral fee. For more information, see How we make money. Terms apply to American Express benefits and offers. Enrollment may be required for some American Express benefits and offers. Visit americanexpress.com for more information. Federal Navy More Rewards American Express® Card Editor’s Score: (N/A)

Editor’s Score: (N/A)

Last updated December 22, 2021

All reviews are prepared by NextAdvisor staff. The opinions expressed therein are solely those of the reviewer. Information, including card rates and fees, presented in the review is accurate as of the review date.

NextAdvisor’s Take

advantages

  • Generous reward rate in daily categories
  • No annual fee, balance transfer fee, cash advance fee, or foreign transaction fee
  • Flexible redemptions for rewards

Cons

  • Navy Federal Credit Union membership required
  • No 0% introductory APR

The bottom line

The Navy Federal More Rewards American Express card offers 3x points on gas and transit, restaurant meals and food delivery, and at supermarkets, without an annual fee. Plus, there are no balance transfer fees or cash advance fees. But you must be a member of Navy Federal Credit Union to apply.

Additional card details

  • Variable APR from 9.65% to 18.00%
  • Roadside assistance and access to entertainment through American Express
  • Qualify for a 25% discount on eligible car rentals
  • Up to 30% discount on selected hotel reservations through Booking.com on the Amex Benefits platform
  • Car rental loss and damage insurance
  • Free credit score access through your online account

Navy Federal More Rewards American Express Card Full Review

card type

The Navy Federal More Rewards American Express Card is a rewards credit card that earns bonus points on various categories of everyday spending.

You must be a member of Navy Federal Credit Union to qualify. To become a member, you or someone in your household must have a connection to the military, the US Department of Defense, or the National Guard. You can learn more about eligibility on the Navy Federal website.

pro tip

This card offers pre-qualification, so you can see if you qualify without undergoing a hard credit check.

Annual quota

This card does not charge an annual fee.

Welcome Offer

You can earn 25,000 bonus points ($250 value) after spending at least $3,000 on purchases within 90 days of opening an account.

introductory offer

This card does not offer an introductory APR on new purchases or balance transfers.

rewards

The Navy Federal More Rewards American Express Card is a great credit card for everyday spending. You’ll earn 3x points at restaurants (including food delivery), supermarkets, gas and transit stations, and 1x points on other purchases.

There is no limit to the number of rewards you can earn and points do not expire while your account is open. When you’re ready to redeem, you can choose from several redemption options, including cash back, travel, gift cards, and merchandise.

While this card is in the American Express network, the points you earn are not American Express Membership Rewards points. If you’re looking for a card eligible for Membership Rewards, consider other American Express credit cards.

Rate

The Navy Federal More Rewards American Express card stands out for its lack of fees compared to other rewards cards. There is no annual fee, no foreign transaction fees, no cash advance fees, and no balance transfer fees.

A variable APR of 9.65% to 18.00% will apply if you have a balance on your card. If you make a late payment, a late fee or returned payment fee of up to $20 may apply, as well as a penalty APR of up to 18%.

Other benefits

Before you apply, you can see if you prequalify for this card on the Navy Federal site. That means you can check your chances of approval before you apply and undergo a thorough credit check, which can affect your credit score.

This card comes with a few more notable perks, including roadside assistance, access to entertainment through Amex, and car rental damage and loss insurance. You’ll also qualify for a 25% discount on eligible car rentals and have access to fraud notifications and a free credit score through your account.

Navy Federal More Rewards Card Benefits American Express

The biggest benefit of the Navy Federal More Rewards American Express Card is triple the points you can earn on popular spending categories. Plus, rewards are flexible as you can redeem your points for cash back, statement credits, travel, gift cards or merchandise. Each point is worth a penny, so 25,000 points can be redeemed for $250 in airfare, statement credits and more.

Finally, you may be able to qualify with a good or better credit score (a FICO score of 670 or higher). If you’re unsure of your chances of approval, you can also see if you pre-qualify before submitting your application.

Disadvantages of the Navy Federal More Rewards American Express Card

The first potential downside of this card is the fact that not everyone is eligible. For the most part, membership is only available to active duty military members, military retirees, and veterans. Others who may be eligible to join include family members of current military personnel and Department of Defense civilians.

And while this card doesn’t charge balance transfer fees, it’s not a good option for paying down debt. That’s because there is no introductory 0% APR offer for balance transfers. If you have debt you want to pay off, consider other balance transfer credit cards that offer 0% APR on balances transferred for up to 21 months.

How to use the Navy Federal More Rewards card American Express

Start maximizing your rewards by using your card for regular spending after it’s approved. If you spend at least $3,000 on purchases within 90 days of account opening, you can earn 25,000 in bonus points right away.

In the long run, use your Navy Federal More Rewards American Express Card for all your everyday purchases and bills. You’ll earn unlimited 3x points on meals, groceries, gas, and transit purchases, which can help you maximize common budget items.

When you’re ready to redeem, you can expect to get 1 cent per point. If you’re looking for simplicity, that means you can choose cash or statement credit redemption options. However, you can also consider travel (including airline, hotel and rental car reservations), gift cards or merchandise when you redeem.

The most important thing to keep in mind when charging purchases to your card is to spend only what you know you can afford when your statement is due. You can quickly eliminate any rewards you earn by carrying a balance and accruing interest on your debt.

Navy Federal More rewards American Express Card compared to other cards

  • Introductory Offer:
  • Annual quota:

    $0

  • ordinary APR:

    9.65% – 18.00% (varies)

  • Recommended Credit:

    740-850 (Excellent)

  • More informationexternal link icon On our partner’s secure site

More information external link icon

Citi Rewards+® Card

Editor’s Score: (3.7/5)

Editor’s Score: (3.7/5)

bounty rate: 3.5

welcome bonus: 3.5

annual fee: 5.0

other cost rates: 3.0

intro april: 4.0

other benefits: 3.0

simplicity: 2.0

annual percentage rate: 3.5

Last updated December 22, 2021

All reviews are prepared by NextAdvisor staff. The opinions expressed therein are solely those of the reviewer. Information, including card rates and fees, presented in the review is accurate as of the review date.

  • Introductory Offer:
  • Annual quota:

    $0

  • ordinary APR:

    13.49% – 23.49% (varies)

  • Recommended Credit:

    670-850 (Good to Excellent)

  • More informationexternal link icon On our partner’s secure site

More information external link icon Chase Sapphire Preferred® Card

Chase Sapphire Preferred® Card

Editor’s Score: (4.5/5)

Editor’s Score: (4.5/5)

bounty rate: 4.5

welcome bonus: 4.0

other benefits: 4.0

value per annual fee: 4.5

other cost rates: 4.0

transfer partner options: 5.0

travel and purchase protections: 5.0

Last updated December 22, 2021

All reviews are prepared by NextAdvisor staff. The opinions expressed therein are solely those of the reviewer. Information, including card rates and fees, presented in the review is accurate as of the review date.

  • Introductory Offer:
  • Annual quota:

    $95

  • ordinary APR:

    15.99%-22.99% Variable

  • Recommended Credit:

    670-850 (Good to Excellent)

  • Apply Nowexternal link icon On Chase’s secure site

Is the Navy Federal More Rewards American Express Card Right for You?

Editorial Independence

As with all of our credit card reviews, our analysis is not influenced by any association or advertising relationship.

If you’re eligible for Navy Federal Credit Union membership and are looking for a card with great rewards for your everyday spending, the Navy Federal More Rewards American Express Card might be right for you. Its easy 3x rewards on common spending categories and flexible redemption options also make this a good choice for anyone who values ​​simplicity. And if a large part of your monthly budget goes to groceries at the supermarket, gasoline, public transport and restaurant meals or food delivery orders, you can quickly maximize the points where you spend the most.

Still, before you apply, don’t forget to compare this card to other rewards credit cards and cash back credit cards that may better fit your individual spending or credit goals.

Frequently asked questions (FAQ)

Is the Navy Federal More Rewards American Express card a real American Express card?

Yes, the Navy Federal More Rewards American Express Card is an American Express credit card. However, the points you earn with this card are not eligible for redemption under the Amex Membership Rewards program.

How do I redeem my Navy Federal American Express points?

You can redeem your rewards for cash back, a statement credit, gift cards, travel, or merchandise.

Do you have to be in the military to get the Navy Federal More Rewards American Express Card?

You must meet Navy Federal Credit Union membership requirements to obtain the Navy Federal More Rewards American Express Card, which includes military membership or an eligible affiliation.

How much are points on the Navy Federal More Rewards American Express Card?

Each point you earn is worth a penny, so 10,000 points is worth $100.

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