The leaves have started to turn red, and the temperature has dropped. The morning air is cool. That can only mean one thing. That means the holiday season is just around the corner. Halloween parties, trick-or-treating, Thanksgiving meals with family and friends, Hanukkah and Christmas gifts, New Year’s celebrations, and the list goes on.
While some people get into the holiday spirit right away, others prefer to travel, stay home, or focus on personal growth during this cold, festive month. Regardless of your preferences, it’s important to choose the credit card that best reflects your lifestyle and spending preferences.
You may be looking for cashback options, low annual fees or transaction fees, or hotel room redemption options. Savvy Navy Federal members will also want to take a look at the types of benefits, what other benefits the card issuer offers, and how to earn benefits such as gas station purchases.
There are usually three standard categories to choose from when it comes to cards and benefits.
earn points
These are typically earned at a flat rate of 1 point per dollar spent. Many points-based loyalty cards also offer sign-up bonuses or incentives that reward you with additional points or perks when you spend money within certain categories or at certain retailers. These points can be redeemed for merchandise, flights, hotels, car rentals, gift cards, and more. Navy Federal members have several points-based card options, including the NFCU More Rewards American Express® Card. These are perfect for members with average to excellent credit scores, busy lifestyles, and who prioritize the benefits of dining out spending.
earn cashback
Some of the best rewards cards skip the point value process entirely, offering rewards directly in cash without the need for spending category rotation or complex earning requirements. Spend money and make money. It’s simple and effective. Using funds is equally easy, as funds usually come in the form of account credits or gift cards.
With cashback cards like Navy Federal’s CashRewards Card and CashRewards Plus Card, you can earn up to 2% on all purchases and no annual fee when you spend $2,000 within 90 days of account opening. You will receive a $200 bonus. Additionally, for a limited time, members can earn a one-time $98 Walmart+ statement credit when they spend $49 or more on a Walmart+ Annual Membership. Did we mention that Walmart+ typically offers free shipping to its members? With the holidays quickly approaching, you could be putting some big change back in your wallet this season.
Earn travel and airline miles
These credit cards typically reward you with miles on every purchase, and like other cards, they often offer various bonuses and additional incentives for purchases within specific time periods or spending categories. Earned miles can be used on select domestic and international flights. For members who prioritize this type of benefit, Navy Federal is offering access to the Visa Signature® Flagship Rewards Card, which offers a 40,000 bonus when you spend $3,500 within 90 days of opening a new Flagship account. Provide points. On top of that, you get a free year of Amazon Prime ($139 value).
Different cards offer different payment types. Therefore, it’s important to choose a card that fits your spending habits. If you spend a lot of time shopping at the supermarket, you may want a card that offers additional benefits on supermarket purchases. If you don’t spend much within your bonus, you may want to take advantage of card offers with cashback credits.
Navy Federal Credit Card offers are made available to new and existing members to take advantage of additional bonuses. With industry-leading rates, instant reward redemption, and flexible spending opportunities, our card options are perfect for planning your vacation.
Click here to learn more about card bonuses and how to redeem their amazing benefits.
This article is sponsored by Navy Federal Credit Union. Navy Federal Forces is insured by the NCUA.
