Navy Federal More Rewards American Express® Card
- Best for: Navy Federal members whose spending goes mostly to restaurants, food delivery, supermarkets, and gas
- What Sets It Apart: 3 points per $1, worth 3% in cash, at restaurants and on food delivery, at supermarkets, and on gas and transit; no cap; no annual fee
- Cost: $0 annual fee; no foreign transaction fee; variable APR of 14.15% to 18.00%
- Features: 20,000 points after $2,000 in purchases within 90 days of account opening; points worth 1 cent each in cash; points don’t expire while the account is open
- Pros: Uncapped 3X on dining, groceries, gas, and transit; no minimum to redeem in the app or online banking; late fee of $20 at most
- Cons: Navy Federal membership required; American Express still adding merchants abroad; 1 point per $1 elsewhere; restaurants inside hotels or venues may earn 1 point
Get the Navy Federal More Rewards American Express® Card if you’re a Navy Federal member whose spending goes mostly to restaurants, groceries, and gas. It pays 3 points per dollar on all three, worth 3% in cash, and has no annual fee. Carry a Visa or Mastercard too, for merchants that don’t take American Express.
Only Navy Federal Credit Union members can apply. Membership is open to service members, veterans, Defense Department civilians, and their families, and it requires a savings account with a $5 minimum balance.
Key Features
- No annual fee and no foreign transaction fee
- 3 points per $1 at restaurants and on food delivery, at supermarkets, and on gas and transit, with no cap; 1 point on other purchases
- Points worth 1 cent each as cash in a Navy Federal account or as a statement credit, and also good for travel, gift cards, and merchandise
- Welcome offer of 20,000 points after $2,000 in purchases within 90 days of account opening, for applications by January 3, 2027
- Variable APR of 14.15% to 18.00%, the yearly interest rate on balances you carry
Pros
- 3% back in cash on dining, groceries, gas, and transit for no annual fee
- Points that don’t expire while the account stays open
- No minimum to redeem points in the app or online banking
- A late fee of $20 at most, and no penalty interest rate until you’re more than 60 days behind
Cons
- American Express is still adding merchants abroad, so travelers need a backup card
- Just 1 point per $1 outside the 3X categories
- Restaurants inside hotels, casinos, grocery stores, or event venues, and gas bought at warehouse clubs, superstores, or supermarkets, may earn just 1 point
By our math, it out-earns a no-fee flat 2% card for any member who spends more on dining, groceries, gas, and transit than on everything else combined. Members who’d rather earn one rate on everything should look at Navy Federal’s cashRewards card, and members who want a Visa or Mastercard for eating out should look at its GO REWARDS card.
Learn more about the Navy Federal More Rewards American Express® Card or see how it compares to the best credit cards for dining.
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