Does Navy Federal charge for balance transfers?
Some financial institutions, like Navy Federal Credit Union, don’t charge any balance transfer fees. Keep in mind that some credit cards have an annual fee. A 0% balance transfer offer that has a 5%annual fee could cost you more than one that has a 2.99% rate with no fees.
Can I balance transfer between Navy Federal cards?
No, you cannot transfer a balance from one Navy Federal credit card to another. But you can move your Navy Federal debt to one of the best balance transfer credit cards as long as it is provided by a different issuer.
Is Navy Federal offering 0 interest?
Save on interest—transfer your non-Navy Federal balances within 60 days of getting a Platinum card, and you’ll pay 0% intro APR on the balance transfer for 12 months after account opening. After that, a variable APR between 6.74% and 18% applies.
What credit score do you need for Navy Federal Platinum?
690850
Compare to other cards
| Navy Federal Credit Union® Platinum Credit Card | Alaska Airlines Visa Signature® credit card |
|---|---|
| Intro APR 0% intro APR on Balance Transfers for 12 months | Intro APR N/A |
| Recommended Credit Score 690850good – excellent | Recommended Credit Score 690850good – excellent |
Is the Navy Federal Platinum Card worth it?
Our Verdict. Consider the Navy Federal Platinum card only if you want to use it for its potentially low interest rate, depending on your creditworthiness. The card’s other features don’t provide a lot of value, considering that you can get them with many other credit cards.
What credit score do I need to get a balance transfer credit card?
670 or higher
Issuers of balance transfer cards typically require a good or excellent credit score to qualify, which is 670 or higher on the 850-point FICO credit scoring scale.
Can I have 4 Navy Federal credit cards?
As a primary cardholder, you’re able to have three Navy Federal credit cards. More credit cards could boost your credit score, which is important for getting loans and even saving on insurance rates. However, having multiple cards can also be riskier, as that increases your potential to rack up unsustainable debt.
How do I get a higher credit limit with Navy Federal?
How can I request a credit line increase? Sign in to online banking to submit your credit line increase request. If you prefer, send us a secure message through online banking or call us at 1-888-842-6328.
What credit score is needed for Navy Federal platinum card?
Do balance transfers increase credit limit?
No, balance transfers do not increase your credit limit. You cannot transfer a balance that exceeds your account’s credit limit, and issuers will either reject such a balance transfer request or accept only a partial transfer.
What credit score is needed for a Navy Federal card?
700
The Navy Federal credit card approval requirements include a credit score of at least 700, in most cases; this is considered “good” credit. Other Navy Federal credit cards require a credit score of 750, i.e. excellent credit. Ultimately, Navy Federal also offers options for people with bad credit.
Does NFCU automatically increase credit limit?
While Navy Federal will periodically review your account, there’s no guarantee they will give you an automatic increase. You can help your chances by always paying on time and keeping your credit utilization below 30%.