The easiestNavy Federal credit cardto get is the Navy Federal Credit Union nRewards® Secured Credit Card because you can get approved with Bad credit. The Navy Federal nRewards Secured Card requires a refundable deposit (minimum of $200), and the deposit becomes your credit limit. Your Navy Federal nRewards Secured Card account information will also be reported to the major credit bureaus.
Note that you’ll be charged an APR of 18% (V) on your purchases if you don’t pay your Navy Federal nRewards Secured Card balance in full every month. This secured card gives you a path toward unsecured credit, too. NFCU reviews secured credit accounts starting at 6 months after approval for a chance at graduating from a secured card to an unsecured credit line.
Besides the secured credit card option, NFCU mainly has unsecured credit cards for good credit or better. Although NFCU doesn’t offer many credit cards that are easy to get, there are plenty of options from other issuers to choose from.
Some of the Easiest Credit Cards to Get
If you’re set on getting a NFCU credit card, there is one key thing to remember. More specifically, no matter how creditworthy you may be, you won’t get approved for a Navy Federal credit card if you don’t qualify for NFCU membership. Navy Federal Credit Union membership is open to members of the military, Department of Defense employees, veterans, and their families. You can see if you can become a member online. But that restriction alone makes NFCU cards harder to get than comparable cards open to the general public.
This answer was first published on 06/07/21 and it was last updated on 03/25/24. 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.
FAQs
The easiest Navy Federal credit card to get is the Navy Federal Credit Union nRewards® Secured Credit Card because you can get approved with Bad credit. The Navy Federal nRewards Secured Card requires a refundable deposit (minimum of $200), and the deposit becomes your credit limit.
What credit score is needed for a Navy Federal credit card? ›
The Navy Federal credit card approval requirements include a credit score of at least 700 (good credit), in most cases. You might be able to get other Navy Federal Credit Union credit cards with bad credit. You also have to be an NFCU member to apply for one of their credit cards.
Can you get a credit card from Navy Federal with bad credit? ›
If you're a first-time borrower or have poor credit, a secured credit card from a financial institution like Navy Federal Credit Union may be the answer. Secured credit cards require a security deposit equal to the amount of your available credit.
Does Navy Federal do a hard pull for credit card? ›
Our inquiry will result in a “hard pull”—a note on your credit report that a creditor checked your credit file to assess your risk to them.
What is the starting limit for Navy Federal credit card? ›
The starting Navy Federal Credit Union Visa Signature® Flagship Rewards Credit Card credit limit is usually around $5,000 to start, according to forum posts. However, some cardholders report limits as high as $15,000.
Which Navy Federal credit card is the easiest to get? ›
The easiest Navy Federal credit card to get is the Navy Federal Credit Union nRewards® Secured Credit Card because you can get approved with Bad credit. The Navy Federal nRewards Secured Card requires a refundable deposit (minimum of $200), and the deposit becomes your credit limit.
How does Navy Federal verify eligibility? ›
You'll need your personal information and a method to fund your account. Text, Social security number, Driver's license or government ID, Credit card or bank account and routing number.
Will Navy Federal give me a loan with a 550 credit score? ›
Navy Federal Credit Union has no minimum credit score requirement for its personal loans, unlike most personal loan providers. Because there isn't a specified Navy Federal Credit Union credit score requirement, Navy Federal Credit Union will consider people who have bad credit, according to customer service.
Does Navy Federal approve anyone? ›
No, Navy Federal Credit Union does not approve everyone for personal loans. To qualify for a Navy Federal Credit Union personal loan, you need to be at least 18 years old and have enough income to make the monthly payments, among other requirements.
Does Navy Federal offer unsecured credit cards? ›
After 6 months, we'll review your credit card account monthly to see if you're eligible for an upgrade to our cashRewards unsecured card. Once you upgrade, you'll get your security deposit back.
If you're a servicemember, veteran of any branch of the armed forces or a Department of Defense employee, then you're eligible to join. Your immediate family and household members are also eligible. To join, apply online, stop by a branch to apply in person, or give us a call.
Who does Navy Federal pull from for credit cards? ›
Navy Federal normally uses TransUnion for credit card applications. However, they may pull an inquiry from any of the three major credit bureaus (Equifax, TransUnion, and Experian) when evaluating a credit card application.
Does Navy Federal do a soft pull? ›
Navy Federal will then use your information to run a soft credit pull with the credit bureaus and verify your identity. A soft inquiry does not affect your credit score and a pre-qualification can be a good way to gauge your odds of being approved.
What is the credit limit for Navy Federal Cash Rewards 500? ›
What's the starting credit limit for the Navy Federal cashRewards card? The starting credit limit for the Navy Federal Credit Union cashRewards Credit Card is at least $500.
Can you have 2 credit cards with Navy Federal? ›
You can have up to three Navy Federal credit cards. To get approved for multiple Navy Federal credit cards, your income and debt must demonstrate your ability to pay for purchases on each.
How often does Navy Federal automatically increase credit limits? ›
We like to see at least three months of on-time payments on an existing Navy Federal Credit Card account before approving an increase to its credit limit. We generally grant credit limit increases on an existing credit card account no more than once every six months.
What does your credit score have to be to get an Old Navy card? ›
You need a credit score of 700+ to get the Old Navy Credit Card. This means at least good credit is required for approval. On the other hand, you'll need a score of 640+ (fair credit) to have a decent chance of being approved for the Old Navy Store Card.
What is the average credit score for Navy Federal? ›
The average FICO credit score in the US is 717, according to the latest FICO data. The average VantageScore is 701 as of January 2024. Credit scores, which are like a grade for your borrowing history, fall in the range of 300 to 850. The higher your score, the better.
What credit score do I need to get a car loan from Navy Federal? ›
Navy Federal is an easy place to get an auto loan as long as you're a member. The credit union has no minimum credit score requirement for car loans. Even if you have no credit or a limited credit history, you can get financing — but a co-borrower is required in this situation.
Easiest NFCU Card:Navy Federal Credit Union nRewards® Secured Credit CardNavy Federal Credit Union nRewards® Secured Credit CardLearn MoreLearn More
