The Navy Federal credit card approval requirements include a credit score of at least 700 (good credit), in most cases. You might be able to get other Navy Federal Credit Union credit cards with bad credit. You also have to be an NFCU member to apply for one of their credit cards.
In addition, the issuer will also verify your credit history and ability to pay. Your credit score, income, debt level, and other factors will help determine if you’re approved. This information will also play a role in setting your interest rate and credit limit.
Navy Federal Credit Card Credit Score Requirements by Card
- Navy Federal Credit Union Visa Signature® Flagship Rewards Credit Card:700 (Good credit).
- Navy Federal Credit Union cashRewards Credit Card:700 (Good credit).
- Navy Federal Credit Union GO REWARDS® Credit Card:700 (Good credit).
- Navy Federal Credit Union Platinum Credit Card:700 (Good credit).
- Navy Federal Credit Union More Rewards American Express® Credit Card:700 (Good credit).
- Navy Federal Credit Union nRewards® Secured Credit Card:300 (Bad credit).
What Makes You Eligible for NFCU Membership?
To apply for a Navy Federal Credit Union credit card, you also have to be an NFCU member. To be eligible for NFCU membership, you or one of your family members must have ties to the armed forces, National Guard, or Department of Defense. This includes active-duty personnel, officer candidates, reservists, and veterans. If none of these apply, call(888) 842-6328or visit a localNavy Federal branchfor assistance.
Information Required for Navy Federal Credit Card Applications
There is a lot of information required on NFCU credit card applications. You will have to provide your name, address, and birthdate, for starters. The address must be a physical U.S. location and not a P.O. Box. You also need to list either your Social Security Number (SSN) or Individual Tax Identification Number (ITIN). Applicants must be U.S. citizens and at least 18 years old to be eligible. If you’re under 21, you need proof of an independent income sufficient enough to make payments.
All applicants must include their employment status, monthly rent, or mortgage payment, and annual income. You don’t need a full-time job to qualify for a card, but you will need to report the sources of any income. This could be part-time salary or wages, rental income, retirement benefits, interest, and/or dividend income, among other sources of income.
This answer was first published on 04/02/21 and it was last updated on 01/08/24. For the most current information about a financial product, you should always check and confirm accuracy with the offering financial institution. Editorial and user-generated content is not provided, reviewed or endorsed by any company.
