VISAVisa Traditional
Navy Federal Credit Union Platinum Card
- Annual Fee
- $0
Terms checked against the issuer on July 29, 2026
At a Glance
- Annual Fee
- $0
- Foreign Transaction Fee
- $0
- Network
- Visa Traditional
- Credit Required
- Good to Excellent
Earning Rates
- 0X
All Other
This card does not earn rewards - designed for low APR
Benefits & Perks
Insurance & Protections
3 protectionsCollision Damage Waiver
secondary
With your Navy Federal Visa or Mastercard, you automatically have Collision Damage Waiver (CDW) coverage when you rent a car for 15 days or less and
Purchase protection up to $500 per claim for 90 days
$500
Get coverage for damage or theft on eligible purchases made with your card within 90 days of purchase
Travel and Emergency Assistance
secondary
It's help when you don't know where to turn. Count on a wide range of emergency services available whenever and wherever you need them, 24/7. This
Reviews & Analysis
Pros and Cons
Pros
- +No annual fee
- +Low APR designed for balance carriers
- +Good to excellent credit typically required
- +No foreign transaction fee (typical of Navy Federal)
- +Simple card with no complex terms
Cons
- -Earns zero rewards on any purchases
- -No welcome bonus
- -No travel benefits or purchase protections beyond basic
- -Limited to Navy Federal membership eligibility (military, DoD, family members)
- -Opportunity cost of not earning rewards on spending
Who It's Best For
Best For
- Military members carrying balances who want low interest rates
- Those prioritizing low APR over rewards
- Members seeking a no-annual-fee card for financing large purchases
- Individuals building or rebuilding credit
Not Ideal For
- Anyone who pays their balance in full each month (no rewards to earn)
- Those seeking cash back, points, or travel rewards
- Consumers who want premium card benefits
- Non-military members (requires Navy Federal membership eligibility)
Details & Terms
Application Rules
| Rule | Details |
|---|---|
| Membership required | Only Navy Federal Credit Union members can apply; membership is open to servicemembers, veterans, Department of Defense personnel and their families. |
Payment Terms
| Purchase APR | 10.24%–18% (Variable) |
| Cash Advance APR | 18% (Variable) |
| Foreign Transaction Fee | $0 |
Media & Resources
Evidence Sources
| Source | Verified | Citation |
|---|---|---|
| CardRatings | — | CardRatings |
| RewardsCC API | — | RewardsCC API |
| Issuer Page | Issuer Page: Apr | |
| Issuer Page | Issuer Page: Multiple card facts | |
| Issuer Page | Issuer Page: Apr | |
| Issuer Page | Issuer Page: Annual fee | |
| Issuer Page | Issuer Page: Status | |
| Issuer Page | Issuer Page: Apr | |
| Issuer Page | Issuer Page: Apr | |
| Navy Federal Credit Union Official | — | Navy Federal Credit Union Official |