Navy Federal Credit Union

Navy Federal may pull an inquiry from any of the three major credit bureaus (Equifax, Transunion, and Experian) when evaluating an application.

So, if any of your credit reports is frozen, you should unfreeze all before submitting an application for a Navy Federal credit card.

But that shouldn't be a big deal. Your major credit reports contain nearly identical information. If one includes negative information, the other two probably will as well. And if there's a mistake on any of your credit reports, you'll want to dispute that right away.

The Navy Federal credit card minimum payment is 2% of the balance owed or $20, whichever is greater.

That's a guideline, but you can look at yours on your monthly statement, at https://www.navyfederal.org/ or through the Navy Federal Credit Union app.

As a primary cardholder, you're able to have three Navy Federal credit cards.

More credit cards could boost your credit score, which is important for getting loans and even saving on insurance rates. However, having multiple cards can also be riskier, as that increases your potential to rack up unsustainable debt. In addition to that, each new credit card account comes with another due date to remember and account to monitor.

Credit limits vary greatly depending on your income, credit score, and existing debt. But considering that good credit is required, your initial Navy Federal Platinum credit limit should be at least $3,000.

You will get travel accident insurance when you use your NFCU credit card to purchase your fare. This includes coverage for bodily injury or loss while traveling.

If you're in need of travelling & emergency assistance you, your spouse and your dependents will have access to 24/7 emergency services.

You can consult the terms in the materials that came with your card or you can call NFCU to find out exactly what's covered and what's excluded.