Updated Sep 09, 2021 | Published Jun 09, 2021 • 8 min read
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The Navy Federal More Rewards American Express Card provides solid rewards with fewer fees than most. You’ll earn rewards on everyday purchases like gas and groceries, and won’t have to worry about an annual fee, balance transfer fee, or foreign transaction fee.
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If you’re already an NFCU member, the Navy Federal More Rewards Amex Card wouldn’t be a bad choice. You won’t have to worry about an annual fee or a foreign transaction fee, which could be ideal if you or a family member are stationed overseas.
Cards bogged down with a plethora of fees can be a hindrance, so it’s nice to see a rewarding and inexpensive option like this. And thanks to the card’s bonus categories, it’s also nice to earn a small return on money you’re likely already spending.
Insider Advice: Getting the Most Out of Your Card
Fill up the tank on your way to dinner or to the grocery store: The NFCU More Rewards earns 3X points per dollar for gas, groceries, and dining, so don’t leave home without it. You’ll also earn on transit (not including rideshares like Uber or Lyft), so even if you’re not driving you’ll have a chance to earn some bonus points.
Take it with you when you travel: With no foreign transaction fee, you can spend overseas without stressing about another charge.
Use your card for car rentals: Not only does the card provide rental car insurance, but you could get up to 25% off your rental from major rental car dealers. Call 1-877-754-9670 for competitive rates and deals.
Fly Delta: You can get up to 10% off Delta flights when you pay for Delta tickets through Amex Travel.
Keep an eye on Amex Offers: American Express provides extra rewards with a selection of different merchants. It changes from time to time so be sure to check it every now and then. Offers are limited; enrollment required.
Shop with confidence: Your new purchases, whether they be from Amazon or your local Target, will likely be covered by extended warranty protection, return protection, and purchase protection.
3X points per dollar at:
1X point per dollar for all other purchases
15,000 bonus points for spending $2,000 within 90 days of account opening
Redeem points for:
Statement credits (cash back)
Redemption with this card is just about as simple as it gets. Provided you’re redeeming your rewards for statement credits or travel, your points will be worth 1 cent each.
However, if you redeem for anything else, the value of your points may fluctuate. That means to ensure the best value for your points, you should redeem for statement credits or travel.
The Navy Federal More Rewards Amex Card comes with some pretty useful perks, especially for a card without an annual fee. The travel discounts could save you some money, and so could the shopping protections.
Free FICO credit score: See your FICO Score 9, based on your Equifax credit report, whenever you’d like.
Amex Offers: Receive extra point offers from dozens of participating merchants through American Express’s shopping portal.
Up to 10% off Delta flights: Get up to 10% off Delta flights when you book through Amex Travel.
Up to 25% off car rentals: Call 1-877-754-9670 for competitive rates and discounts of up to 25% with major car rental dealers.
Entertainment Access: Get pre-sale tickets to a variety of sports, music, and cultural events, as well as access to certain exclusive experiences. You’ll be able to search by interest, artist, event, or venue.
Roadside Assistance: If you run into car trouble while traveling, call 1-866-643-6873 for help.
Emergency Travel Assistance: Call 1-866-643-6873 for emergency legal, medical, or travel assistance.
Car Rental Loss & Damage Insurance: Decline the rental car provider’s insurance offer and charge the full amount to your card, and your eligible rental will be covered against damage and theft.
Best Value Guarantee: Call 1-866-643-6873 if you find a lower price for an eligible product you purchased with your card within 30 days. You could be reimbursed for the difference.
It seems particularly useful to active duty military members stationed overseas and to their families. There’s no foreign transaction fee, and you could save yourself some money on Delta airfare as well as rental cars when you land.
However, it would be plenty useful at home too. Earning rewards for purchases you make on a regular basis (like gas and groceries) is just money back in your pocket, especially considering there’s no annual fee. Plus, the card’s shopping protections could save you money given the right circumstances, and help you avoid some potential headaches.
How Do I Apply for the Navy Federal More Rewards American Express Card?
What Credit Scores Do I Need to Qualify for the Navy Federal More Rewards American Express Card?
The More Rewards Amex asks for good credit to qualify. Good credit for FICO credit scores is at least 670, while for VantageScore it’s at least 700.
That said, approval from credit card issuers is dependent on more than just credit scores. Issuers will look at things like income and monthly rent or mortgage payments when considering creditworthiness.
That means even if your credit scores aren’t quite where they should be, you could still be approved. But that also means there’s a chance for you to be denied even if your scores are high enough.
What fees does the Navy Federal More Rewards Amex Card have?
The Navy Federal More Rewards Card carries a late fee, a returned payment fee, and interest fees if you carry a balance. There is no annual fee, balance transfer fee, foreign transaction fee, or cash advance fee to worry about.
Our best offer ever! Earn 100,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That’s $1,250 when you redeem through Chase Ultimate Rewards®.
Earn 2X points on dining including eligible delivery services, takeout and dining out and travel. Plus, earn 1 point per dollar spent on all other purchases.
Get 25% more value when you redeem for airfare, hotels, car rentals and cruises through Chase Ultimate Rewards®. For example, 100,000 points are worth $1,250 toward travel.
With Pay Yourself Back℠, your points are worth 25% more during the current offer when you redeem them for statement credits against existing purchases in select, rotating categories
Get unlimited deliveries with a $0 delivery fee and reduced service fees on eligible orders over $12 for a minimum of one year with DashPass, DoorDash’s subscription service. Activate by 12/31/21.
Count on Trip Cancellation/Interruption Insurance, Auto Rental Collision Damage Waiver, Lost Luggage Insurance and more.
Get up to $60 back on an eligible Peloton Digital or All-Access Membership through 12/31/2021, and get full access to their workout library through the Peloton app, including cardio, running, strength, yoga, and more. Take classes using a phone, tablet, or TV. No fitness equipment is required.
The Sapphire Preferred has a lot going for it, but two of its best features include its 1:1 transfer rate to Chase’s travel partners and its 25% point bonus when you redeem for travel through Chase Ultimate Rewards. By taking advantage of point transfers, you could find an increased value for your points. If you find a per-point value of 2 cents or more, you’d increase the card’s cash back equivalent to up to 4% or more for certain purchases.
1:1 point transfer: 1:1 point transfer to leading frequent travel programs at full value – that means 1,000 Ultimate Rewards points equal 1,000 partner miles/points. The travel and hotel partners include Southwest Airlines, JetBlue, United, World of Hyatt, Marriott Bonvoy, and IHG Rewards Club.
DoorDash membership: You’ll get a free DoorDash membership for at least a year, known as a DashPass. That’ll get you free delivery and reduced service fees for orders over $12.
Referral bonus points: You can invite friends to apply for the Sapphire Preferred, and for every friend who’s approved you’ll get 20,000 bonus points. You can earn up to 100,000 bonus points per year in this way.
It earns an impressive 6% cash back on those purchases (up to $6,000 spent annually at U.S. supermarkets, then 1%), in addition to a strong 3% cash back at U.S. gas stations. Unlike the Navy Federal card, it does carry an annual fee. However, the rewards will likely make it hard to notice.
The benefits are pretty comparable, though the Blue Cash Preferred doesn’t offer any discounts for flights or car rentals. But you will get complimentary ShopRunner membership to speed up your deliveries from some merchants.
The rewards are a bit staggered here. You’ll earn 1% cash back when you purchase something, then the other 1% when you pay it off (must pay at least the minimum due on time to earn rewards). And that’s pretty much it. The benefits don’t offer much, so the Navy Federal card comes out on top in that department.
However, because the Double Cash doesn’t have an annual fee, you could use it together with the Navy Federal card without adding another expense to your life. Use the Navy Federal card where it earns the most rewards, and use the Double Cash for everything else.
New Acquisition Bonus: 15,000 points after $1,500 spend during first 3 months of card open date
Earn 5x points for gas purchases at the pump and electric vehicle charging stations
Earn 3x points for supermarket purchases grocery, restaurants/dining, and cable, satellite and other pay
Earn 1x point on all other purchases
No annual fee
No foreign transaction fees
No cash advance fee
Chip and Contactless ‘Tap to Pay’ enabled for added security, ease and convenience at the point of sale
Click and Pay eligible, via Secure Remote Commerce, so you can enjoy easy and secure online buying checkout
Digital wallet capable
Purchase variable rate as low as 13.49% APR
0% promotional rate for 12 months on balance transfers made between now and September 30, 2021. After that, the APR for the unpaid balance and any new balance transfers will be a non-variable rate of 17.99%. 3% balance transfer fee per transaction. Subject to credit approval. If you take advantage of this balance transfer, you will immediately be charged interest on all purchases made with your credit card unless you pay the entire account balance, including balance transfers, in full each month by the payment due date.
Cash Advance APR 17.99%
Rate and offers current as of September 1, 2021 and subject to change.
It earns a pretty impressive rate for both gas and groceries, especially for a credit card with no annual fee. But similar to how the Navy Federal card is only available to NFCU members, you’ll need to be a PenFed member to qualify for this card.
There are a few limitations when it comes time to redeem rewards. There’s no option to redeem for statement credits. Instead, you have to redeem for travel, gift cards, or merchandise. Points are usually worth less than 1 cent, unless you’re redeeming for travel, but even then the value isn’t guaranteed. So that likely means PenFed points will often be worth less than NFCU points. And, your points will expire in five years. Something else to keep in mind.
It is a Visa Signature so it’ll come with a handful of Visa Signature benefits, but the discounts and special offers seem less practical than what the Navy Federal card offers.
Evan graduated from SUNY Oswego with a degree in journalism and creative writing. In his professional writing career, he strives for precision and comprehension in his work. He’s written news articles, blog posts, and copy, working across a slew of different mediums. With in-depth research and great care for accuracy and detail, he now works to bring you the most up-to-date credit information.
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