WalletHub Rating
4.1/5
Navy Federal Platinum Credit Card has a rating of 4.1/5 according to our proprietary credit card rating system. This rating reflects how appealing Navy Federal Platinum Credit Card's terms are compared to a pool of more than 1,500 credit card offers tracked by WalletHub. We evaluated this card for various cardholder needs and picked the rating for the need with the highest score, which is 'Lower Cost of Existing Debt'. To break it down further, Navy Federal Platinum Credit Card earned a score of 5.0/5 for Fees, 4.4/5 for Cost, 3.5/5 for APR, and 4.7/5 for User Reviews.Info about the Navy Federal Credit Union Platinum Credit Card has been collected by WalletHub to help consumers better compare cards. The financial institution did not provide the details.
WalletHub Rating Breakdown
User Reviews
4.7/5
153 reviewsRead and write reviews
Market Comparison
Market Comparison
4.0
The Market Comparison is a key component of the WalletHub Rating, as it measures how appealing the terms of a card are compared to a pool of over 1,500 credit card offers monitored by WalletHub. To ensure cards are evaluated for their most relevant purpose, we score each card across various cardholder needs and select the rating for the need with the highest score, which is “Lower Cost of Existing Debt” for this card.
Fees
5.0
Cost
4.4
APR
3.5
4.0/5
Compared against 1,500+ credit cards
KEY TERMS
Accepted Credit Scores
Accepted Credit Scores
Excellent Credit, Good Credit
Navy Federal Platinum Credit Card Annual Fee
$0
Navy Federal Platinum Credit Card APR on Purchases
11.24% - 18% (V)
Navy Federal Platinum Credit Card Balance Transfer
0.99% intro APR for 12 months, 11.24% - 18% (V) APR after that
Balance Transfer Fee
Navy Federal Platinum Credit Card's Additional Info
•
0.99% introductory APR applies on balance transfers requested within 60 days of account opening.
•
No Cash Advance fee if performed at a Navy Federal branch or ATM. Otherwise, $0.50 per domestic transaction.
•
Zero Liability policy for reported unauthorized transactions and Fraud notifications.
•
Collision Damage Waiver.
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Travel and Emergency Assistance.
•
Ability to freeze and unfreeze your cards.
•
To be eligible to apply for the card, you must fall into one of the following categories: Active Duty, Retired & Veterans, Immediate family members or household member of a service member, DoD civilian personnel who support the armed forces, existing member and a parent, grandparent, or guardian of a minor.
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Learn More
at Navy Federal Credit Union's secure site
Navy Federal Platinum Credit Card Pros & Cons
No membership fees
0.99% intro APR on balance transfers
No balance transfer fee
No foreign fee
No rewards
No initial rewards bonus
No intro APR on purchases
Requires good/excellent credit
Compare The Navy Federal Platinum Credit Card vs. Popular Alternatives
 Navy Federal Credit Union Platinum Credit Card |  USAA Rate Advantage Credit Card |  Capital One VentureOne Rewards Credit Card |
|---|---|---|
4.1WalletHub Rating WalletHub Rating 4.1 This card has been scored using WalletHub’s proprietary credit card rating system. We evaluated this card for various cardholder needs and picked the rating for the need with the highest score, which is "." A score of 5 is the best a card can receive, and the rating for the card may vary on different pages where it is compared to other cards for different needs. User Reviews 4.7 Market Comparison 4.0 fees: 5.0 cost: 4.4 APR: 3.5 | 3.1WalletHub Rating WalletHub Rating 3.1 This card has been scored using WalletHub’s proprietary credit card rating system. We evaluated this card for various cardholder needs and picked the rating for the need with the highest score, which is "." A score of 5 is the best a card can receive, and the rating for the card may vary on different pages where it is compared to other cards for different needs. Editor’s Rating 2.0 User Reviews 3.6 Market Comparison 3.2 fees: 5.0 cost: 2.6 APR: 3.7 | 4.2WalletHub Rating WalletHub Rating 4.2 This card has been scored using WalletHub’s proprietary credit card rating system. We evaluated this card for various cardholder needs and picked the rating for the need with the highest score, which is "." A score of 5 is the best a card can receive, and the rating for the card may vary on different pages where it is compared to other cards for different needs. Editor’s Rating 4.5 User Reviews 3.5 Market Comparison 4.2 fees: 5.0 rewards: 5.0 cost: 4.3 APR: 3.8 |
annual fee$0 | annual fee$0 | annual fee$0 |
Purchase Intro APRNot Offered | Purchase Intro APRNot Offered | Purchase Intro APR0%for15 months |
transfer intro apr0.99% for 12 months|Transfer Fee: $0 | transfer intro apr0% for 15 months|Transfer Fee: 5% | transfer intro apr0% for 15 months|Transfer Fee: 3% for the first 15 months, 4% at a promo APR that Capital One may offer you at any other time |
Regular APR11.24% - 18% (V) | Regular APR12.15% - 29.15% variable | Regular APR19.99% - 29.99% (V) |
rewards rate | rewards rate | rewards rate |
bonus offer | bonus offer | bonus offer |
Apply Now | Apply Now |
Questions & Answers
Can't find what you are looking for? Submit your question about Navy Federal Credit Union Platinum Credit Card to our community. Editorial and user-generated content is not provided, reviewed or endorsed by the issuer of this card. In addition, WalletHub independently collected information for some of the cards on this page.
Most Popular
What's the Navy Federal Credit Union Platinum Credit Card credit limit?
1
Upvote
Reply
thom Fotenberg, WalletHub Credit Card Analyst
@thom.f
The Navy Federal Platinum Credit Card credit limit is between $500 and $50,000. Everyone who gets approved for the Navy Federal Platinum Credit Card is guaranteed a credit limit of at least $500, but the higher an applicant's credit score and income are, the higher the starting credit limit is likely to be.
The Navy Federal Platinum Credit Card credit limit that you start with isn't necessarily your credit line forever. You can ask to get a credit limit increase either online, or by calling the Navy Federal Credit Union service number...
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3
Is Navy Federal Platinum a Visa or Mastercard?
5
Upvotes
Reply
5
1
Roman Vargas
@crossbowman13
The Navy Federal Platinum comes as either a Visa or Mastercard, your choice at the time you apply.
1
What's the Navy Federal Platinum cash advance APR?
3
Upvotes
Reply
3
Jose
@jose_allen
The Navy Federal Platinum Credit Card's cash advance APR is 13.24% - 18% (V). In addition to this, you'll also be charged a $0.5 cash advance fee when you perform a cash advance at an ATM or bank that isn't affiliated with Navy Federal. Navy Federal Credit Union cash advances, on the other hand, don't have a fee.
That said, cash advances can be quite expensive. Instead of doing one, use your card to pay for your purchases wherever you can....
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1
Can I transfer a loan balance to a Navy Federal Platinum card?
3
Upvotes
Reply
3
Evelyn Boros, Credit Cards Moderator
@evelyn_boros
No, you cannot transfer a loan balance to a Navy Federal Platinum Credit Card. You can only transfer the balance of a credit card from another bank.
If you're in the market for a credit card you can transfer a loan balance to, check out the BankAmericard® credit card.
1
What's the Navy Federal Platinum card's 0% APR offer for balance transfers?
3
Upvotes
Reply
3
Alexis Padilla
@alexis_padilla
The Navy Federal Platinum card's 0% APR offer for balance transfers is an introductory offer and lasts 12 months for balance transfers requested within 30 days of account opening. This means that for those balance transfers, interest will not be charged while the offer lasts. After the interest free period ends, the normal interest rate will be applied to your remaining balance.
This credit card also offers a $0 annual fee, 0% foreign transaction fee...
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1
How can I do a balance transfer with the Navy Federal Platinum card?
2
Upvotes
Reply
2
1
What credit score is needed for Navy Federal Platinum?
2
Upvotes
Reply
2
1
A good credit score is needed for the Navy Federal Platinum Credit Card.
Having the required credit score won't guarantee you'll be approved for it, though. Your income and any existing debts are just as important factors, and Navy Federal will take them all into consideration when looking at your application. Also keep in mind that you cannot apply for the Navy Federal Platinum Credit Card without a Navy Federal Credit Union membership.
1
What credit bureau does NFCU pull reports from for credit card applicants in California?
2
Upvotes
Reply
2
Robert W Polk, Community Moderator
@robert.polk
Navy Federal Credit Union pulls their applicants' reports from TransUnion or Equifax; sometimes, from both. You can check your TransUnion credit report right here on WalletHub, and it's completely free!
2
How much is the Navy Federal Platinum minimum payment?
1
Upvote
Reply
1
Madda Lorena
@MaddaLorena
The Navy Federal Platinum Credit Card's minimum payment is $20 or 2% of your new statement balance, whichever is greater.
You can keep your account in good standing by paying your minimum amount due each month. However, for the portion of your balance that remains unpaid, you'll be charged interest. To avoid interest charges on your Navy Federal Platinum Credit Card, always pay back what you owe in full.
1
Does Navy Federal Platinum report to all bureaus?
1
Upvote
Reply
1
Sebi Mitchell, Credit Cards Moderator
@sebim
Yes, the Navy Federal Platinum Credit Card reports your activity to the major credit bureaus TransUnion, Experian, and Equifax on a monthly basis. This can help you improve your credit score over time, as long as you remember to pay it before the due date.
1
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2024 WalletHub Awards
Navy Federal Credit Union Platinum Credit Card is an Editor's Pick for:
No Balance Transfer Fee Credit Cards
Navy Federal Platinum Credit Card Reviews
Share your insights and review for the Navy Federal Credit Union Platinum Credit Card
5
87%
4
2%
3
8%
2
3%
1
0%
4.7
153 reviews
153 reviews
What's Your Rating?
Most Recent
churichrd
@churichrd
2 Star Rating
The card offers decently low rates, but doesn’t earn rewards. Additionally, CLI requires a hard pull! I would only recommend this card if you need to hold a balance for a few months and don’t want to get swallowed by interest.
Comment
beasleymichael37
@beasleymichael37
5 Star Rating
Absolutely the best out there. The customer service is second to none. All of my financial business will be conducted through NFCU until the day of my demise.
Comment
brian
@balmelia69
5 Star Rating
I recently got a NFCU Platinum card 25k CLI 11% APR with my horrible 563 credit score. Leaving USAA for Navy Federal has been the best decision ive made in the last 10 years easy.
Comment
Ken R
@ken1112658
5 Star Rating
I also have NFCU Platinum card, $18k @ 5.99%, $7k cash advance limit. NFCU cash rewards MasterCard $25k @ 9.65% + $8k cash advance limit... Since I have direct deposit @ NFCU, now get 1.75% cash back on any, AND ALL purchases when using my Navy cash rewards card ( Used to be 1.5% ) All my main accounts are with Navy. NFCU is by far the Best CU. Their customer service is TOP NOTCH. Navy HANDS DOWN, beats USAA, & nearly every other CU out there with dividends, credit card rates. Although I refi'd my truck through USAA, I should have did it with Navy, because they offered an additional $200 bonus if I refi'd with them... Oh well, I was still happy @ 3.99% on my truck... Go Navy Fed and USAA !!! My credit scores are 800+ steady over the last 5+ years.
Comment
1
Harold
@haroldj_31
5 Star Rating
0% for 12 months, high credit limit, complimentary credit score, good app, online chat and good customer service and overall very good CU.
Comment
Simon
@simonv_4
5 Star Rating
Great card with low APR and zero annual fee based on credit worthiness. I have been using it for more than a year now. I rely on it for every major purchase I make. I will definitely recommend this card to anybody.
Comment
1
Mark
@markn_60
5 Star Rating
I keep a balance on my card to show I am using it. I pay more than my minimum payment. Every 3 or 4 months I pay the whole balance. The credit available will increase every 5 months long as you're making payments.
Comment
1
Gregory
@gregoryp_128
5 Star Rating
Navy is one of my favorites I use it then pay it down and I normally find deals on things I need like online but have used it elsewhere also.
Comment
Kelvin Hardnett
@kelvin_hardnett
5 Star Rating
Just applied for this card at 12:30 am on 10/15/20... application took a 1 min or 2.. it took me around 10 minutes because I was scared to hit submit.... ( Fear of the unknown). The only reason I applied for this card is to raise my income to debt ratio.. I'm so glad I applied for this card, as I have heard only great reviews about Navy Federal in their services.. I've been a member since 2002, the year I enlisted.. I got approved for $25,000.. I have never seen this much money ever!! . Now I know it's real.. JESUS CHRIST.... I'M IN AWE.. CAN'T EVEN SLEEP.. ?️THANK YOU NAVY FEDERAL, I'M A LIFE MEMBER ?
Comment
4
Still Learning
@Z9CLINE9
5 Star Rating
Applied for this card for the low APR offering as I already had everything else covered. Instant approval of 15.5K @ lowest APR-data pt. (768 Fico8 EQ in NC)This card serves the purpose I wanted along with fabulous customer service,a stellar reputation and I've always received friendly service the few times I needed assistance.
Comment
2
4
Review Navy Federal Credit Union Platinum Credit Card
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Navy Federal Credit Union Platinum Credit Card
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