Navy Federal Credit Union has solid bank and loan products, including checking accounts with ATM rebates, competitive mortgage rates, and limited-time 0% balance transfer promotions. Readers have commented on their excellent customer service and the fact that they often keep and service the mortgages and other loans they originate.
Membership eligibility for NavyFed is primarily restricted to Marine Corps, Navy, Air Force, and Coast Guard regular Active Duty and reservists, and Army and Air National Guard personnel, but also includes family and household members of existing NavyFed members and some civilian employees in the Department of Defense.
If you’ve been waiting to sign-up, the special offers available during Military Appreciation Month may help you get yourself motivated (some offers are restricted to active military):
- Get $50 When You Give Membership. Refer armed forces personnel, DoD civilians and contractors, and their dependents, and you’ll each get $50.
- Get $50 with Active Duty Checking. Open an Active Duty Checking account with a qualifying Military Direct Deposit and get $50.
- Get a Special Promotional-Rate CD. Open a 15-month Military Appreciation Certificate with a 3.00% APY and start growing your savings. Receive an additional $10 incentive when you set up a recurring transfer.
- Get $200 for Auto Loan Refinance. Military members: Refinance your loan from another lender and get $200. Active Duty and retired military members save an additional 1/4% APR on selected loans with Direct Deposit.
- Get $200 with a CashRewards Credit Card. Open a new cashRewards credit card and get $200 cash back after spending $2,000 within the first 90 days of account opening.
Offers valid between 5/1/2016 and 5/31/2016 and can expire anytime without prior notice. Thanks (again) to reader Charles for the tip.
is it available for everybody or only military ppl?
Details are in the post. Some offers are only valid for active military, others you just need to be a NavyFed CU member.
Thanks for getting the word out on this great military friendly bank. Lots of good bonus opportunities here, especially for younger servicemembers just starting their financial lives.
Is there anyway to become a member of NavyFed CU,..if one is not associated with military or is not related of a military person?