Intro – Navy Federal Credit Union Reviews & Ranking

Navy Federal Credit Union was recently ranked and reviewed by AdvisoryHQ as a top rated credit union. Firms on our top rated lists were selected after they successfully passed AdvisoryHQ’s ground-breaking four-step banks and credit unions selection methodology

Click here for a step-by-step breakdown of the methodology and selection process used during our Navy Federal Credit Union review: AdvisoryHQ’s Methodology for Selecting Top Banks and Credit Unions.

The Navy Federal Credit Union reviews below provide a detailed review of Navy Federal Credit Union, including some of the factors used by AdvisoryHQ News in its ranking and selection of Navy Federal Credit Union.

Navy Federal Credit Union Review

Since 1933, Navy Federal Credit Union has grown from having only seven members to serving the needs of five million members. Navy Federal is considered among the top credit unions, serving the needs of military personnel, retirees, and their families.

Navy Federal maintains more than $81 billion in assets, and eligibility for membership can extend to anyone affiliated with the Armed Forces, DoD, Coast Guard or the National Guard.

Key Factors Leading Us to Rank This Firm as One of This Year’s Top Credit Union Firms

Upon completing our Navy Federal Credit Union reviews, Navy Federal Credit Union was included in AdvisoryHQ’s ranking of this year’s best banking firms based on the following factors. 

Navy Federal Credit Union Review

Image Source: Navy Federal Credit Union

Navy Federal Credit Union Review: MakingCents

MakingCents is the Navy Federal CreditUnion education center that helps members create and stay on track with their financial goals. Users can start by selecting up to three goals, from improving finances and getting out of debt to obtaining a credit card or buying a home.

They are then guided through a series of questions and offered a set of customized recommendations that can help them choose the right strategy to achieve their goals, as well as the best Navy Federal products.

Navy Federal Credit Union Review: Military Exclusives

As one of the leading credit unions serving the needs of people associated with the military, there are many military exclusives, including offers and discounts, provided to members of Navy Federal.

Members receive discounts from companies including Equifax, Hertz Rental Car, RealtyPlus, MetLife, Enterprise Car Rentals, and an online member mall.

Other military exclusives include Active Duty Checking with Direct Deposit, VA Mortgages, loan discounts with Direct Deposit, 100% finance options for the Navy Federal Military Choice Mortgage, and the option to participate in the Thrift Savings Plan, which allows military members to save for retirement while supplementing their pay.

Navy Federal Credit Union Review: Mobile Banking

Navy Federal is a credit union with online banking options that make financial management easier and more convenient. With the Navy Federal Mobile App, members can manage their accounts from anywhere.

Capabilities include viewing of account details, transfers between internal and external accounts, Bill Pay, mobile deposit, and more.

With text banking, members can create customized alerts and access their accounts quickly, while Mobile Web Banking lets users manage their accounts from any device through a secure mobile website.

Navy Federal Credit Union Review: cashRewards

Navy Federal offers several credit card options designed to suit a variety of needs, but one of their most popular options is the Visa cashRewards card. This card carries no annual fee, no balance transfer fee, and no fee or cash advances or foreign transactions.

Card holders earn 1.5% cash back on purchases, and they can then redeem that for cash back as soon as it’s earned, with cash rewards never expiring.

Other cards include the Go Rewards Visa (three points on restaurants, two points on gas, and one point on everything else), as well as the Visa Signature Flagship Rewards card. This card allows users to earn two points per $1 of net purchases, which can then be redeemed for cash, travel expenses, gift cards, and more.

In addition to reviewing the above Navy Federal Credit Union review, you can click on any of the links below to browse exclusive reviews of AdvisoryHQ’s top rated banking & credit union firms:

AdvisoryHQ (AHQ) Disclaimer:

Reasonable efforts have been made by AdvisoryHQ to present accurate information, however all info is presented without warranty. Review AdvisoryHQ’s Terms for details. Also review each firm’s site for the most updated data, rates and info.

Note: Firms and products, including the one(s) reviewed above, may be AdvisoryHQ's affiliates. Click to view AdvisoryHQ's advertiser disclosures.