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Build Credit. Earn Unlimited 1% Cash Back.

Take charge of your credit! With cashRewards Secured, you can build credit, get a competitive APR and earn unlimited 1% cash back on all purchases. 

See details below.

Apply Now for the cash rewards secured credit card and start earning 1% cash back

Not a member? Check your eligibility.

Unlimited points

 Unlimited 1% cash back on all purchasesFootnote 1

Unlimited points

3-month account review to determine eligibility for a credit line increase. See details.on how an upgrade works

Unlimited points

Initial deposit as low as $200

Unlimited points

6-month account review to determine eligibility for an unsecured cashRewards credit card.

Rates

Purchase & Balance Transfer Variable APR of

18.00%Footnote 2

Terms & Conditions

Fees

  • No annual fee
  • No foreign transaction fees
  • No cash advance fees

Program Description

cashRewards Secured Program Description

How It Works

  1. Deposit at least $200 (up to $5,000) into your membership savings account.
  2. Submit your application. If approved, we’ll hold the deposit in your account as security. The amount you deposit will be your card’s spending limit.
  3. After just 3 months, you could be eligible for a credit limit increase. You don’t have to add to your deposit in order to be eligible. Whether your credit limit is increased will depend on your current credit limit and other factors.
  4. After 6 months, we’ll review your credit card account monthly to see if you’re eligible for an upgrade to a cashRewards unsecured card. Once you upgrade, you’ll get your security deposit back. Making on-time payments and keeping your balance under the credit limit can help you with approval for an upgrade to an unsecured card.

Apply Now and see how it works

More About cashRewards Secured

A secured credit card is just like a regular credit card, except that it requires a security deposit. Your deposit is returned to you when you close your credit card account or switch to an unsecured card. If you have no credit or low credit, a secured card can provide you with a path to building or repairing your credit. As you use your card, you’ll earn rewards, while also earning dividends on your deposit that’s held in your savings account.

Learn More about features and benefits of cash rewards Secured

Included With All Navy Federal Credit Cards

  • Use your credit card before it arrives in the mail if you qualify for a digitally issued card
  • 24/7 help from our US-based member service team
  • No balance transfer or foreign transaction feesFootnote 3
  • Ability to freeze and unfreeze your cards
  • Zero Liability policy for confirmed unauthorized transactions
  • Fraud notifications*
  • Access to your credit score

Learn More about the benefits included with all Navy Federal credit cards

Reviews

This card is amazing! You can gain reward points as well as build a strong relationship with Navy Federal. I highly recommend this card.

— T. Moore

Love this credit card; thank you for giving me a chance to build credit. No one else gave me a chance but Navy Federal—thank you. 

— Alan

Cardholder Resources

How Does a Secured Credit Card Work?

If you have credit problems or no credit, a secured credit card from Navy Federal Credit Union can help.

Learn How a secured credit card works

Choosing the Best First Credit Card

Here’s what you need to know to choose a card that could help you build good credit.

Learn How to choose the best first credit card for you

Disclosures

1

cashRewards Secured credit cards earn 1% cash back for every $1 of eligible purchases. Eligible purchases are purchases for goods and services, minus returns and other credits. Eligible purchases do not include fees, interest charges, balance transfers, gambling, convenience checks, cash advances, or other cash-equivalents (e.g., money orders, gift cards, prepaid cards). For more information, view the cashRewards Secured Program Description.

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2

As of 04/06/2025, cashRewards Secured card rate is 18.00% APR and will vary with the market based on the U.S. Prime Rate. ATM cash advance fees: None, if performed at a Navy Federal branch or ATM. Otherwise, $0.50 per domestic transaction or $1.00 per foreign transaction.

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3

As of 04/06/2025, cashRewards Secured card rate is 18.00% APR and will vary with the market based on the U.S. Prime Rate. All other Navy Federal credit card rates range from 10.99% APR to 18.00% APR, are based on product type and creditworthiness, and will vary with the market based on the U.S. Prime Rate. ATM cash advance fees: None if performed at a Navy Federal branch or ATM. Otherwise, $0.50 per domestic transaction or $1.00 per foreign transaction. $49 annual fee for Visa Signature® Flagship Rewards.

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The views expressed in the reviews are solely those of the individuals posting them. The testimonials are substantively the words of the individual reviewer, but may have undergone minor clerical revisions to ensure readability, add context, or protect private information. Any imagery displayed is for decorative purposes only and is not necessarily associated with the reviewer.