The Ultimate Guide to Credit Cards
Thursday, October 28, 2021

nRewards® Secured Credit Card

► 2021 Review, Application & Rates

"This card is a great secured option for those affiliated with the military who are new to credit or need to rebuild a low credit score. And, it provides rewards, which is an uncommon perk from a credit-building card."
- Toby Sembower,
Advertiser Disclosure
nRewards® Secured Credit Card Review

at the issuer'ssecure website

BEST OVERALL RATING

★★★★

4.1

OVERALL RATING

4.1/5.0
  • Earn 1X points per dollar spent
  • The Navy Federal nRewards Secured credit card lets you earn rewards while building your credit
  • No annual fees, no balance transfer fees, no foreign transaction fees, and no cash advance fees
  • Deposit at least $200 into your membership savings account (before submitting your application) to back your spending. Once approved, we’ll hold your deposit in your account as your card’s credit limit.
  • After just 3 months, you could be eligible for an upgrade. If you qualify, we’ll provide you with additional credit to allow for spending beyond your deposit. Then, at 6 months, we’ll review your account monthly to see if you’re eligible to have your hold removed and be upgraded to a cashRewards unsecured card.
  • Must be a member of Navy Federal Credit Union to qualify
Intro (Purchases)
Intro (Transfers)
Regular APR
Annual Fee
Credit Needed
N/A
N/A
18.00%
$0
None/Poor

Interest Rate

Annual Fee

Credit Needed

Ratings By Category

Bad Credit
(Ranked #20 out of 34)
★★★★
4.3
Best Overall
★★★★
4.1
No/Limited Credit
(Ranked #23 out of 33)
★★★★
4.3
Points & Gifts
(Ranked #34 out of 35)
★★★★
3.5
Secured
(Ranked #8 out of 18)
★★★★★
4.5

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The credit card offers that appear on this site are from credit card companies from which CardRates.com receives compensation. This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). CardRates.com does not include all credit card companies or all available credit card offers.