Points can be redeemed on airfare, to refund annual fees, on merchandise, gift cards, rental cars, event tickets, cruises and hotels. Travel redemptions, like airline tickets, have a minimum redemption of 100 points. Rewards earned with the Flagship card can be redeemed for cash back, but a 5,000 point or $50 minimum redemption is required. The Navy Federal Credit Union Visa Signature® Flagship Rewards Card * offers a welcome bonus of 40,000 bonus points (a $400 value) after spending $4,000 within 90 days of opening your account and a year of Amazon Prime (a $139 value). There are no limits on the amount of rewards an account holder can earn and rewards do not expire as long as the account remains open. Rewards are earned automatically with the Flagship card at a rate of 3 points per dollar on travel and 2 points per dollar on everything else. Though the standard rate APR range is relatively low at 15.24% - 18.00% variable, we never recommend allowing any credit card debt to accrue any interest. But for a card with an annual fee, it seems a little light on benefits. The card’s lack of foreign transaction fees, plus its included higher-tech features that can usually only be expected with larger banks do add convenience and flexibility. The Navy Federal Flagship card offers many solid perks, including worldwide travel accident insurance, travel and emergency assistance support and a TSA PreCheck or Global Entry application fee waiver (worth up to $100). military service members and veterans, and any family members, too-including siblings, grandparents and grandchildren, so this increases the chance that someone in your family tree matches the criteria. You do have to be a member of Navy Fed to apply, but membership is open to all U.S. If choosing among 2% cash-back cards, your choice comes down to whether the additional benefits are worth the annual fee. That means to match the $49 annual fee it would require at least $4,900 in annual travel spending. This makes it superior to a 2% cash-back card for anyone spending money on travel, as points are worth a cash-back redemption rate of 1 cent each. The card earns 3 points per dollar on travel and 2 points per dollar on everything else. This review is for those who are curious if the $49 annual fee for the Navy Federal Credit Union Visa Signature® Flagship Rewards Card * is worth it. When it comes to credit cards with annual fees, there are those who say “absolutely not” and those who ask, “Well, do the benefits justify the cost?” If you’re in the first group, move on.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |