The Navy Gets a New Rewards Program

Wednesday, December 23rd, 2015
Updated: December 23rd, 2015
The content is accurate at the time of publication and is subject to change.

The Navy’s GO REWARDS credit card, from the Navy Federal Credit Union, has upgraded its rewards program.

Under the new system, cardholders will be rewarded according to a 3-tiered rewards program. Service members will earn triple points at restaurants, double points on gas, and one point per dollar spent everywhere else.

Another new feature of the program is that there is no limit on how many reward points folks can earn. Previously there were caps on how many points could be earned, but no more. For all three tiers—restaurants, gas, and all other spending—people can earn unlimited points.

Randy Hopper, vice president of credit cards at the credit union, said that Navy Federal had noticed increased spending in restaurant and travel categories, prompting them to create the new system. “It was an easy choice to award three times the points at restaurants and two times the points on gas with no points cap,” said Hopper.

Visa Signature perks, rewards calculator among other benefits of card

Navy service people and veterans who have the GO REWARDS card can also access an award points calculator on the web, allowing them to estimate the rewards they will earn with different spending levels.

The card is also a Visa Rewards card, which gives perks like 24/7 concierge service, purchase protection, and other benefits, particularly in the travel sector. Concierge service is particularly helpful for travelers, as it can be used to assist cardholders make hotel or restaurant reservations, locate services, and get the contact information for health professionals or other emergency needs when away from home.

There are also no foreign transaction fees, so purchases made overseas will not have any higher cost associated with them. Many cards charge around 2-3% for purchases made in other countries. Since service members travel widely, this is a big drawback of a card that charges foreign transaction fees. The GO REWARDS card also has no annual fee and no fee for balance transfers.

The largest credit union in the world

The Navy Federal Credit Union has more than $72 billion in assets, almost six million members, and 276 branches. It is the largest credit union in the world, and serves any Department of Defense, Coast Guard Active Duty, civilian, and contractor personnel, as well as their families. Their website, www.navyfederal.org, has answers to any questions about the new rewards program.

All rates and fees, and other terms and conditions of the products mentioned in this article/post are actual as of the last update date but are subject to change. See the current products' Terms & Conditions on the issuing banks' websites.

Latest Credit Card Rewards News

Monday, September 23rd, 2024

Discover’s cash back bonus categories change every quarter, allowing cardholders to consistently have the opportunity to earn elevated cash back. What’s important is that Discover includes categories that most people can use. The Discover categories for the fourth quarter of 2024 are just right for shoppers looking to kick off the holiday gift-giving season or […]

Thursday, August 3rd, 2023

At the end of July, Citi and American Airlines introduced one of their best-in-class product revamps. Continuing their longstanding partnership, the Citi® / AAdvantage® Executive World Elite Mastercard® went through a number of significant changes starting July 23. These changes include new statement credits, expanded opportunities to earn miles and loyalty points, and higher annual […]

Monday, November 21st, 2022

According to recent surveys data, more than half of Americans begin preparing for Christmas festivities as early as in October. A fair percentage of customers are planning to shop at Walmart this holiday season, all because of Walmart’s low prices, large and diverse selection of items. Now, eligible U.S. Citi cardmembers can use Shop with […]

Friday, April 29th, 2022

M1 Finance has made its popular Owner’s Rewards Card even more enticing with seven new brands to earn accelerated cash back on purchases. The M1 Owner’s Rewards Visa® Signature Card is one of the more tempting fintech and investment rewards credit cards on the market today. Launched in the summer of 2021, the card offers […]

Tuesday, January 18th, 2022

Rotating category credit cards are cash back credit cards that offer their highest cash back percentage in shopping categories that rotate on a regular basis, often quarterly. The major credit card issuers have already opened registration for Q1 2022 rotating bonus categories on their popular cash back credit cards. The first quarter is active from […]

Best Credit Offer
Upgrade Life Rewards Visa®
Check off the cards you want to compare. Then click the Compare link to go to the comparison table.
Consumer Rating: 4 / 5
Horizon Card Services Group One Freedom Card
Copyright © 2001-2024 BestCreditOffers.com All Rights Reserved.

See the credit card's terms and conditions on the online application page. Note that this website may be compensated by credit card issuers when the visitor applies for a card through the links on this website. We do our best to maintain all information accurate and up to date. However, we do not warrant the credit card information won't change. Click the "Apply Online" button and review the current info on the secure credit card terms page.

Information in these articles is brought to you by BestCreditOffers.com. Banks, issuers, and credit card companies mentioned in the articles do not endorse or guarantee, and are not responsible for, the contents of the articles.

The BestCreditOffers.com webpage is a free service and an information resource for credit cards and financial products and services available to eligible United States consumers. BestCreditOffers.com does not offer any warranties and is not a direct service. There are no guarantees for approval or offers when applying for a credit card. Please refer to the application if you would like more information on each credit card. When you click "Apply" for a particular credit card, please take the time to review the terms and conditions of the product/service at the issuer's website. All logos on the BestCreditOffers.com website are property of their respective owners.

Disclaimer: This editorial content is not provided or commissioned by the credit card issuer. Opinions expressed here are the author's alone, not those of the credit card issuer, and have not been reviewed, approved or otherwise endorsed by the credit card issuer. Reasonable efforts are made to present accurate info, however all info is presented without warranty. Consult a card's issuing bank for terms & conditions.

BestCreditOffers.com makes every effort to keep information up to date and accurate. However, the information regularly changes and is presented without warranty. Therefore, we strongly recommend all our readers to visit the credit card application page by clicking "Apply Online!" button to review the detailed credit card's terms and conditions. Note that BestCreditOffers.com may be compensated by the credit card issuers when the readers apply for a credit card through this site.

BestCreditOffers.com is an independent, advertising-supported website which receives compensation from the credit card issuers and companies whose offers appear on the site. Compensation may impact how and where products appear on our site, including, for example, the order in which they may appear on the site pages. BestCreditOffers.com does not review or list all available financial or credit offers.

You've successfully subscribed!

Please specify the following:All these fields are optional

Thank you for providing this information! We will make sure our letters are useful for You.

User Generated Content Disclaimer: These responses are not provided or commissioned by the bank advertiser. Responses have not been reviewed, approved or otherwise endorsed by the bank advertiser. It is not the bank advertiser's responsibility to ensure all posts and/or questions are answered.