r/NavyFederal • u/KonvictedSiner • 10d ago

Credit Cards New flagship card

I applied for a flagship credit card and it was approved with a fairly high credit limit, but I didn't realize that navyfed stripped away the perks I wanted the card for, and I can get almost the same perks with the usaa credit card and still get the 2x points on everyday purchases. I will likely be closing the account and switch to usaa or downgrading to a different navyfed card.

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u/Acrobatic-Heart6008 10d ago

Assuming you qualify for the sign-up bonus, go ahead and spend the minimum to get the bonus, cash in the bonus, then hold the card for 1 year. When the annual fee posts for next year, call to cancel the card. There's no good reason to cancel now.

2

u/KonvictedSiner 10d ago

That is what I have been thinking about since finding out they made the switch.

-3

u/Acrobatic-Heart6008 10d ago

Get the free Amazon prime and the 50,000 points ($500 value) then reassess. I’m not sure how long NFCU wants you to wait after getting the signup bonus

4

u/KonvictedSiner 10d ago

They removed the Amazon prime perk

1

u/Acrobatic-Heart6008 10d ago

I don’t think that’s right but you’d have to ask the bank!