Navy Federal nRewards Secured Credit Card 2021 Review

The Navy FCU nRewards® Secured Credit Card* is a good secured card for folks who are trying to establish or rebuild credit. The card offers fewer fees than usual credit cards, with no annual charge and no foreign transaction or cash advance fees. The nRewards card gets an infinite 1 point for every dollar spent on purchases, making it a good secured card alternative. The card, which is neither on top of nor below the stack, provides a robust protected card choice for customers who travel overseas.

At a Glance-

• No annual fee
• No foreign transaction fees
• No cash advance fees
• Earn 1 point per dollar spent
• Secured card with deposit required
• Membership required

Secured cards, such as the Navy Federal nRewards card, can help folks with no credit or a damaged credit history rebuild their credit and move toward a brighter, higher-credit-score future. Secured cards need a deposit, which banks use as collateral for making loans. The credit limit is determined by the size of the deposit, allowing those with no or bad credit to obtain a loan. Reporting is one of the advantages of a protected card: Consumers can demonstrate a record of responsible credit use by reporting to the three major credit agencies, which card issuers do.

Other Card Benefits-

• Cell Phone Protection: Extra protection for phones when cellular bills are paid with the card.
• Collision Damage Waiver: For short-term car rentals, secondary coverage for damage or theft.
• $0 Fraud Liability: Cardholders aren’t responsible for unauthorized charges.
• FICO Score: Access to credit score on a regular basis.
• 24/7 Access and Fraud Monitoring: Receive alerts and talk to a real person around the clock. Those who use the Navy Federal nRewards card to develop credit history will receive additional rewards. The nRewards offers no international transaction or cash advance fees, unlike many unsecured cards intended for people with little to no credit history. It also has a rewards programme, with 1 point earned for every $1 spent. You may use your points to get items, gift cards, or cash back. A $200 deposit is required for the nRewards card. Cardholders of the nRewards card might be evaluated for credit over the deposit amount after only three months. Regular re-evaluations begin after six months, allowing people who qualify as responsible enough to upgrade to cash Rewards unsecured card.

Advantages of Navy Federal nRewards Secured Credit Card 2021-

• No annual fee
• No foreign transaction fees
• Earn 1 point per dollar spent
• No cash advance fees

Disadvantages of Navy Federal nRewards Secured Credit Card 2021-

• Navy Federal requires membership, which means you need to have at least a grandparent or grandkid that’s a veteran or active military member
• As a secured card, the account requires a deposit

Customer Care Number –

Please call at phone number 1-888-842-6328 if you require any kind of the guide.