| Category | Rate | Type | Cap |
|---|---|---|---|
|
All Other Purchases
The Navy Federal Credit Union Platinum Credit Card does not earn any rewards or cash back on purchases; it is a low-rate card focused on a low APR and balance transfer savings.
|
0x | Cash Back | No cap |
| Benefit | Category | Value / Coverage |
|---|---|---|
|
0.99% Introductory APR on Balance Transfers
New cardholders receive a 0.99% introductory APR on balance transfers requested within 60 days of account opening, valid for 12 months. After the promotional period, the standard variable APR of 10.24%–18.00% applies.
|
Financial | 0.99% APR for 12 months |
|
Digital Card — Early Access Before Physical Card Arrives
Qualifying new cardholders may receive a digitally issued card number immediately upon approval, allowing them to begin making purchases before the physical card arrives in the mail.
|
Financial | Complimentary |
|
Low Variable APR
The card offers one of the lowest APR ranges available on any general-purpose credit card, ranging from 10.24% to 18.00% variable based on creditworthiness, making it exceptionally cost-effective for cardholders who carry a balance.
|
Financial | 10.24%–18.00% variable APR |
|
No Annual Fee
The Navy Federal Platinum Credit Card carries no annual fee, making all card benefits available at zero annual cost to the cardholder.
|
Financial |
$0 annual fee
Up to $0
|
|
No ATM Cash Advance Fee at Navy Federal Branches and ATMs
Cash advances performed at any Navy Federal branch or ATM carry no transaction fee. At non-Navy Federal ATMs, a fee of $0.50 per domestic transaction or $1.00 per foreign transaction applies.
|
Financial | $0 at Navy Federal ATMs; $0.50–$1.00 elsewhere |
|
No Balance Transfer Fee
There is no fee charged for balance transfers, allowing cardholders to move balances from other issuers' cards to the Platinum card at no cost. Only balances from non-Navy Federal accounts are eligible for transfer.
|
Financial | $0 balance transfer fee |
|
No Foreign Transaction Fee
No foreign transaction fee is charged on purchases made outside the United States or in a foreign currency, making this card cost-effective for international travel and purchases from foreign merchants.
|
Financial | 0% foreign transaction fee |
|
SCRA Interest Rate Cap — Enhanced Navy Federal Benefit
Navy Federal exceeds the federal SCRA minimum by capping interest rates on pre-active-duty balances at 4% APR for qualifying servicemembers (versus the federally mandated 6% cap), and waives all account fees for the duration of active duty service.
|
Financial | 4% APR cap during active duty |
|
Auto Rental Collision Damage Waiver
Provides secondary collision and damage waiver coverage for eligible rental vehicles when the full rental cost is charged to the card and the rental is 15 days or less. Coverage includes physical damage, theft, towing, and valid loss-of-use charges; luxury and certain other vehicle types may be excluded.
|
Insurance | Secondary CDW coverage, rentals up to 15 days |
|
Choice of Visa or Mastercard Network
Applicants may choose whether their Navy Federal Platinum card is issued on the Visa or Mastercard network at the time of application, providing flexibility in network acceptance and network-level cardholder benefits.
|
Other | Complimentary |
|
Contactless Payments
The card is equipped with contactless payment technology, allowing cardholders to pay with a single tap wherever the Contactless Symbol is displayed at checkout.
|
Other | Complimentary |
|
Navy Federal Mobile App and Online Banking Access
24/7 access to full account management, transaction history, balance and payment information, and card controls via the Navy Federal Mobile App and online banking at navyfederal.org.
|
Other | Complimentary |
|
Worldwide Visa / Mastercard Acceptance
The card is accepted at millions of merchants worldwide wherever Visa or Mastercard (depending on chosen network) is accepted, including online retailers and international merchants.
|
Other | Global acceptance |
|
Fraud Monitoring
Navy Federal employs fraud detection systems that monitor account activity for suspicious or unusual transactions and may alert the cardholder or take protective action when abnormal activity is detected.
|
Security | Complimentary |
|
Zero Liability Fraud Protection
Cardholders bear no liability for unauthorized transactions made with the card, provided the loss or theft is promptly reported to Navy Federal. Applies to both Visa and Mastercard versions of the card.
|
Security | 100% liability protection |
|
Travel and Emergency Assistance Services
24/7 emergency assistance services are available wherever and whenever needed, including medical referral assistance, lost luggage locator service, and prescription assistance. Third-party service fees are the cardholder's responsibility.
|
Travel | Complimentary referral service |
