Is the Navy Federal nRewards card Visa or Mastercard? This question is about the Navy Federal Credit Union nRewards® Secured Credit Card

Is the Navy Federal nRewards card Visa or Mastercard?

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This question is about the Navy Federal Credit Union nRewards® Secured Credit Card

Benny Joseph, WalletHub Analyst

@Benjy_1 • 07/16/21 This answer was first published on 03/25/20 and it was last updated on 07/16/21.For the most current information about a financial product, you should always check and confirm accuracy with the offering financial institution. Editorial and user-generated content is not provided, reviewed or endorsed by any company.

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The Navy Federal Credit Union nRewards® Secured Credit Card can be either a Visa or a Mastercard. When you apply, you can choose to have Visa or Mastercard as your card's payment network.

The Navy Federal Credit Union nRewards® Secured Credit Card will provide certain benefits through its respective card network. Both the Visa and Mastercard versions offer cell phone protection and rental car coverage. For additional travel, entertainment and shopping benefits, you can view the guide to benefits for both Visa and Mastercard.

Both Visa and Mastercard benefit from extensive worldwide acceptance, so you won’t have to worry about being able to use your card abroad. On top of that, the Navy Federal Credit Union nRewards® Secured Credit Card has a 0% foreign transaction fee.

Answer Question

What credit score is needed for the Navy Federal Secured credit card?

You can get the Navy Federal Secured credit card with a bad (300+) credit score.

Navy Federal will also take other things into consideration besides your credit score. Income, debts, credit history and overall creditworthiness are all deciding factors when it comes to your approval.

Before applying, make sure you qualify for it, because an application could result in a hard pull on your credit, lowering your score for a short period of time.... read full answer

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Can I use my Navy Federal Secured card anywhere?

You can use your Navy Federal Secured card anywhere Visa or Mastercard are accepted, since you can choose between the two networks while applying.

Visa and Mastercard are the two biggest credit card networks, with a global acceptance in over 200 countries and territories. Basically, you could use your card almost anywhere they take credit cards.... read full answer

What’s even better, The Navy Federal Secured card has a 0% foreign transaction fee, so you don’t have to worry about extra charges when traveling abroad.

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How much are Navy Federal nRewards points worth?

Navy Federal nRewards points are worth 1 cent per point. For example, 1,000 Navy Federal nRewards points have a value of $10. The value of Navy Federal nRewards points is the same regardless of how they are redeemed.

Navy Federal nRewards Point Values

Redemption Method	Average Point Value ... read full answer	Value of 1,000 Points
Travel	N/A	N/A
Cash Back	1 cent	$10.00
Gift Cards	1 cent	$10.00
Merchandise	1 cent	$10.00

Tips for Maximizing the Value of Navy Federal nRewards Points

Pay your bill in full every month.

The Navy Federal nRewards card’s regular APR is high enough to erode your rewards earnings if you carry a balance from month to month.

Keep your account in good standing.

If Navy Federal Credit Union closes your account because of a failure to pay the bill or fraudulent activity, you’ll lose any unredeemed points you have saved. Similarly, any points you don’t redeem before closing your account will be lost.

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