Welcome to Navy Federal (2024)

FAQs

Is it hard to get approved for Navy Federal? ›

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.

To be eligible for the $300 cash back, you must make $3,000 or more in net purchases within 90 days of account opening. Rewards are earned on eligible net purchases.

Approval. If qualified, the approval process could take seconds. If additional documents are required, it can take up to 30 days to receive a decision. You can sign up for text notifications,* and we'll send you a text letting you know our decision.

Does Navy Federal Conduct a Hard Pull for Membership? Navy Federal does not carry out a hard credit pull when you apply for membership.

Navy Federal says its loans are available to borrowers across the credit spectrum, including borrowers with bad credit or thin credit histories, and there's no minimum credit score requirement.

The nRewards Secured card from Navy Federal is the easiest Navy Federal credit card to get approved for because it's a secured card. You might be eligible for this card even if you have bad credit or a limited credit history.

You'll need your personal information and a method to fund your account. Text, Social security number, Driver's license or government ID, Credit card or bank account and routing number.

As a Navy Federal member, you can share membership with your friends and family members. Eligible family members include your spouse, parents, siblings, grandparents, children, stepchildren and grandchildren.

You Can Add Your Spouse, Family Member or Anyone You Choose

Navy Federal cardholders can add up to 4 authorized users per card.

No, Navy Federal does not give instant approval, but applicants could be approved the same day. If Navy Federal Credit Union needs to verify any of your information, the approval process may take a little longer, but you can expect to get the funds the same day you're approved and you accept the offer.

How hard is it to get a Navy Federal account? ›

Good news. If you're a servicemember, veteran of any branch of the armed forces or a Department of Defense employee, then you're eligible to join. Your immediate family and household members are also eligible. To join, apply online, stop by a branch to apply in person, or give us a call.

Membership Eligibility

Our field of membership goes beyond current and retired members of the armed forces to include their families and household members, Department of Defense personnel and more.

Navy Federal charges a $29 overdraft fee and a 1% foreign transaction fee. Navy Federal charges $1 for ATM transactions outside of Navy Federal or Co-op Network ATMs. No monthly service fee.

Our FreshStart Checking is a second chance account for those who may have a record of accounts in unfavorable standing with other financial institutions. Mistakes are made but should never define who we are.

No, Navy Federal Credit Union does not approve everyone for personal loans. To qualify for a Navy Federal Credit Union personal loan, you need to be at least 18 years old and have enough income to make the monthly payments, among other requirements. Even if you meet all the requirements, you still may not get approved.

Who Can Join? To become a member, you or one of your family or household members must have ties to the armed forces, DoD or National Guard. Find Out if You're Eligible. So you're thinking of joining Navy Federal Credit Union?

They also authorize Navy Federal to obtain consumer reports to evaluate membership applications and review any Navy Federal accounts they open. They understand these reports may be used in decisions to deny account applications, close accounts, and/or restrict accounts or services.