From May 1 to June 30, 2024, the Navy Federal Credit Union® Visa Signature® Flagship Rewards Credit Card will offer a generous sign-up bonus valued at over $500. New cardholders will earn 40,000 points after spending at least $3,500 within 90 days of account opening. In addition, Navy Federal will refund the cost of an annual Amazon Prime membership purchased by January 1, 2025, a $139 value. Prime Student and Monthly memberships are not eligible for refunds.
Points earned with the Flagship Rewards card are worth 1 cent each, so a 40,000-point bonus on the card is worth $400. Redemption options include direct deposit to a Navy Federal savings account and statement deposits to a Flagship Rewards account.
The $539 bonus offer is already a good deal, but it’s even more appealing when you consider that the Flagship Rewards card only has an annual fee of $49. Other cards that offer similar sign-up bonuses charge hundreds of dollars per year. The Flagship Rewards card also offers a $100 state credit every four years for Global Entry or TSA PreCheck, which is another great perk for a card with a $49 annual fee.
The following benefits on other Navy Federal credit cards will also expire on June 30, 2024:
Only active and retired military personnel from all branches of the military and their dependents can apply for the Navy Federal Credit Card.
