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Newest Navy Federal Promotions, Bonuses, Offers and Coupons: September 2022

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Navy Federal Credit Union offers financial services for active and retired members of the military and certain government employees, plus their families. In the event you’re considering joining the credit union, check out its current promotions before you open a new account.

Banks regularly offer promotions to attract new customers. They really want your business and are willing to pay you hundreds if you open an account. You can use this cash to boost your savings — a useful commodity in the current economy.

These promotions were picked because they represent the best Navy Federal bonuses currently available. Take a look — you may just find one you can’t pass up.

Senior Enlisted Reward Program: Up To $500 Bonus

The Senior Enlisted Reward Program lets you earn $100 for each new Senior NCO you refer to the credit union. Navy Federal coupons are not required for this bonus, but the people you refer must meet membership criteria and provide your access number when opening their new account. Here’s more:

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Navy Federal Credit Card Offers

Navy Federal offers six credit cards — and some of them reward you for opening an account, as long as you meet the requirements.

Navy Federal cashRewards Credit Card: $100 Bonus

This cash-back card offers 1.75% back on your purchases if you have direct deposit set up and 1.50% without direct deposit. You can start redeeming rewards as soon as you earn them; there’s no limit and they never expire as long as your account remains in good standing.

All Navy Federal credit cards come with 24/7 access to U.S.-based customer service and no fees for balance transfers or foreign transactions. Here’s more:

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Navy Federal Visa Signature Flagship Rewards Credit Card: 35,000 Bonus Points — $350 Value

In addition to 35,000 bonus points when you spend $4,000 within 90 days of opening the account, the Visa Signature Flagship Rewards card comes with a free year of Amazon Prime. Additionally, this travel rewards card earns three points per dollar on travel and two points per dollar on all other purchases. It also features a statement credit of up to $100 for Global Entry or TSA PreCheck. Here’s how to get it:

Navy Federal GO REWARDS® Credit Card: 15,000 Bonus Points — $150 Value

Navy Federal’s GO REWARDS® card is available as either a Visa or a Mastercard and features three points per dollar at restaurants, two points per dollar on gas and one point per dollar on everything else. Points can be redeemed for cash, merchandise or gift cards through online banking or via the mobile app. Here’s more:

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Navy Federal More Rewards American Express Card: 20,000 Bonus Points — $200 Value

Navy Federal’s More Rewards card from American Express®, Member FDIC, offers three points per dollar spent on food delivery and at restaurants, two points per dollar on gas and transit and at supermarkets and one point per dollar on everything else. It has no annual fee, no foreign transaction fee, no balance transfer fee and no cash advance fee. Here are the details on the bonus offer:

Other Navy Federal Offers

It’s not just banking accounts and credit cards that can net you a bonus with Navy Federal. It also offers attractive offers through its other services.

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Auto Loan Refinance: $200 Bonus

Navy Federal offers competitive rates and refinance terms ranging from 36 to 96 months for new and used vehicles. Get rates as low as 3.29% for a new vehicle and save money over the life of your vehicle loan. You can also earn up to $200 cash when you switch your auto loan to Navy Federal Credit Union. Here’s how to get it:

RealtyPlus Real Estate Assistance: Up To $9,000 Bonus

RealtyPlus is a program available to Navy Federal members who want to buy or sell a home. All you have to do is enroll in the program and choose an approved agent. You can earn up to $9,000, depending on the value of the home and where you live.

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About Navy Federal Credit Union

At the end of the Great Depression, a group of seven Navy Department employees founded Navy Federal Credit Union. Their goal was to create a place where they and their co-workers could save or borrow money and work toward individual financial goals. Today, credit union membership is open to members of all branches of the military.

Navy Federal Credit Union has more than 11.7 million members. The credit union has more than $160 billion in assets and 349 branches around the world.

Navy Federal Credit Union Membership Benefits

Navy Federal Credit Union members enjoy more than great rates on savings products and loans. It’s a top-five Veterans Affairs lender for service members who have not used their VA eligibility. Member benefits include:

Navy Federal Credit Union Membership Criteria

Before you can take advantage of Navy Federal promotions, you have to apply for membership. Membership is open to the following service members:

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Military family members may apply for membership. Department of Defense civilian employees, retirees and contractors may also qualify for Navy Federal Credit Union membership.

How To Open a Navy Federal Account

If you meet membership requirements, you can complete the membership application. You and any joint owners need to provide:

Individuals who are being sponsored by a current credit union member also need to provide information about their sponsor. This includes the last four numbers of the sponsor’s Social Security number and a credit union Access Number. Once your account is approved, you can log in and start banking.

Should You Consider Opening an Account at Navy Federal Credit Union?

Navy Federal Credit Union members enjoy low rates and fees on banking products and loans. They can also earn discounts that can add up to big savings over time, similar to offerings from other credit unions.

If you have friends and family who also qualify for membership, you can earn some decent cash by referring them to the credit union. Just make sure that the financial products, loans and banking services meet your needs.

Julia Gordon contributed to the reporting for this article.

Information on promotions is accurate as of Sept. 7, 2022. Additional requirements may apply. Offers and terms are subject to change.

Editorial Note: This content is not provided by any entity covered in this article. Any opinions, analyses, reviews, ratings or recommendations expressed in this article are those of the author alone and have not been reviewed, approved or otherwise endorsed by any entity named in this article.

All information about the Navy Federal More Rewards American Express® card has been collected independently by GOBankingRates. The Navy Federal More Rewards American Express® card is not available through GOBankingRates.