Are you considering the nRewards® Secured Credit Card? Before you apply for the card, you'll want to learn some key facts about the offer and how it compares to others on the market.
In reviewing the card, our staff rated it a 4.1 out of 5.0.
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.
Here's a rundown of the key features, rates, and terms of the nRewards® Secured Credit Card:
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BEST OVERALL RATING
★★★★★
4.1
- Earn 1X points per dollar spent with no limit on the amount of rewards you can earn; rewards expire after 4 years.
- No annual fees, no balance transfer fees, no foreign transaction fees, and no cash advance fees.
- 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.
- Rental car coverage
- Must be a member of Navy Federal Credit Union to qualify
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N/A
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N/A
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18.00%
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$0
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None/Poor
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There's certainly a lot to like about the nRewards® Secured Credit Card. Let's dive deeper into the card's rates and fees, as they could make or break whether owning the nRewards® Secured Credit Card is right for you.
According to the issuer, the nRewards® Secured Credit Card currently charges the following interest rates on purchases and balance transfers:
- Purchase Intro: N/A
- Balance Transfer Intro: N/A
- Regular APR: 18.00%
Here's the annual fee for the nRewards® Secured Credit Card as listed by the issuer:
See site for details »
According to the issuer, the current general credit history requirement for the nRewards® Secured Credit Card is:
If you feel you have the credit needed for approval and you're ready to apply, you can do so online on the issuer's secure website.
Keep in mind that rates and features may change, so if you like what the nRewards® Secured Credit Card is offering today, you may want to apply now to lock it in current terms before it's too late.
Below are all the ratings our team gives the nRewards® Secured Credit Card, along with the card's ranking within each category. To see how it compares to other cards, simply click on the category name:
All told, our team's review of the nRewards® Secured Credit Card resulted in a rating of 4.1 out of 5.0, as the card features many pros and cons for a potential cardholder to consider. Ultimately, it's up to you to determine if the card's benefits outweigh its possible drawbacks.
If you're ready to apply for the nRewards® Secured Credit Card, here is the link the issuer's official application:
Are you ready to apply for the nRewards® Secured Credit Card offer? Be sure to read up on all of its terms and details first, then apply via the provider’s secure website:
If you’d like to keep researching, you may want to try one of our popular guides to the top offers available. We break down a variety of offers, including many similar to nRewards® Secured Credit Card:
Whether you decide on nRewards® Secured Credit Card or another option, be sure to make all your payments on time and keep your balance below the credit limit.
Toby is the founder of CardRates.com and lends his 20 years of experience in the credit card industry to educate consumers. His commentary and reviews have been featured to millions on Yahoo! Finance, CreditCards.com, Entrepreneur.com, and others. Toby's industry connections enable him to keep audiences informed with timely advice and insight.
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