Earn Up To 60,000 Points ($600) with the Visa Signature Flagship Rewards Credit Card

by on October 11, 2013 · 14 comments

in Credit Cards

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One credit card I have wanted to take a look at lately is the Visa Signature Flagship Rewards from Navy Federal Credit Union. Right now, the card is offering a lucrative sign-up bonus of 60,000 points when you spend $3,000 within the first 90 days of opening your account.

Visa Signature Flagship Rewards

Visa Signature Flagship Rewards

Credit Card Details Include:

  • Earn 60,000 points when you spend $3,000 within the first 90 days
  • Earn two points with every $1 of net purchases
  • No limit to the points you can earn
  • Visa Signature benefits
  • No annual fee for the first year, then $49 annually

Those 60,000 points are enough for up to $600 worth of plane tickets. You can start redeeming at 10,000 miles at a rate of 1 cent per mile (non-travel redemptions such as for gift cards and statement credits are only at the rate of 0.5 – 0.75 cents per point).

You can redeem your miles at the following rates:

  • 15,000 points for $150 round-trip airline ticket
  • 30,000 points for $300 round-trip airline ticket
  • 50,000 points for $500 round-trip airline ticket

Since this is a Visa Signature card, it offers all the Visa Signature perks which including: auto rental collision damage waiver, travel and emergency assistance, the Visa Signature Hotels program, travel accident insurance, lost, stolen and damaged card protection, lost luggage reimbursement, roadside assistance, purchase security and warranty protection, Sonoma Wineries amenities, and concierge service. For full details on all the Visa Signature benefits, check out my post on Top 10: Visa Signature Cardholder Benefits.

Another great thing to consider for those with a lot of Amex and Chase cards is that this card is coming from the Navy Federal Credit Union, so if you have a lot of cards from other issuers, you can still take advantage of this offer and it could be a good complement to another fixed-value card like the Barclaycard Arrival (whose signup bonus is worth $440 towards travel) since you can use those miles on any travel expense such as train or bus tickets, whereas with this card, your points are best put towards airline tickets. Plus remember that when you redeem points like these for plane tickets, it’s just like purchasing them with cash, so you still earn award miles and elite-qualifying miles on your travel.

To get the card, it looks like you have to join the credit union, which you must be at least 18 years old to do online and provide the following information.

  • Social Security number
  • Driver’s license or government ID
  • Current home address (if at current address for less than two years, then provide previous address also)
  • Credit card or bank account and routing number to fund your account (if applicable)
  • Current email address

Those eligible include:

All Department of Defense (DoD) uniformed personnel—Army, Marine Corps, Navy and Air Force retirees and annuitants

All United States Coast Guard personnel—including active duty, civilian employees, retirees and annuitants

All Department of Defense Reservists—Army, Marine Corps, Navy and Air Force retirees
and annuitants

All Army and Air National Guard Personnel—civilian employees, retirees and annuitants

All Delayed Entry Program (DEP) Personnel

All DoD Officer Candidate programs—Midshipmen and cadets at the United States Naval Academy, United States Military Academy, United States Air Force Academy, United States Coast Guard Academy and the United States Merchant Marine Academy; Other Officer Programs

U.S. Government employees assigned to DoD installations (including Coast Guard)

All DoD civilian employees—including retirees and annuitants

DoD contractors assigned to U.S. Government installations

Family Members—including grandparents, parents, spouses, siblings, grandchildren, children (including adopted and stepchildren) and household members. Once your family members have joined, their family members are also eligible for membership.

To determine if you are eligible you can use their Membership Eligibility Wizard or call 1-888-842-6328.

So while this card isn’t for everyone, if you are eligible, this could be a great way to secure $600 worth of airline travel and keep your options open for applying for other cards from the major issuers.

Disclaimer: The responses below are not provided or commissioned by the bank advertiser. Responses have not been reviewed, approved or otherwise endorsed by the bank advertiser. It is not the bank advertiser's responsibility to ensure all posts and/or questions are answered.

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  • Giddy For Points

    woohoo my dad has been a member for like 30 yrs so I’ll have to ask him if he can sponsor me so I can join!

  • jason

    So is this just like and exactly like the barclays arrival card $440 in free travel?.

  • Brownstones and Bodegas

    Can you redeem the points for BA miles?

  • dean

    Looks like if you’re a family member you have to be living with them at the time of applying…

  • dean

    …AND make an economic contribution to the financial stability of the existing member. As always, there will be those that “fib” to get the card..and those that deem it’s crossing the line…either way, guess I can’t get it legitimately..*sigh*

  • Leo

    We’ve had this card for a little over four years and its an outstanding product. The 2pts. per dollar spent is a newer perk (used to just be 1pt.) but it allows you to rack up points very quickly–its easier for me to calculate it on the rate of 1pt per 50 cent spent. You can’t redeem the points for miles on other airlines–you have to book actual flights directly through the NFCU site; however, by doing this we’ve still been able to earn miles/elite status on our flights.

  • Welp

    Time to sign up for the Army.

  • Rob

    With the six degrees of separation theory, it looks like everyone is eligible, lol.

    “Family Members—including grandparents, parents, spouses, siblings, grandchildren, children (including adopted and stepchildren) and household members

    Once your family members have joined, their family members are also eligible for membership.”

  • Frank

    Which airlines can you redeem points for miles on? Can you use the points for an upgrade to an existing airline ticket – it doesn’t sound like this can be done. Can you combine the 60K points with your existing points in an airline (e.g., AA, UA, US) account? I just called Navy Federal, and the rep there couldn’t answer any of these questions. When you look at the Visa Signature website, there’s no way you can contact them, you have to go through the individual bank that sponsors the card. 60K points sounds good, but it’d useless for us if it can only be used as a stand-alone for a one-time purchase of airline tickets.

  • Leo

    Since its a stand alone program you can redeem the points you earn with this card on any airline. Unfortunately, you can neither use the points to upgrade flights nor can you combine the points earned with this card with another program. To that end, when you use the NFCU points to book flights, its the equivalent of buying a cash ticket and you still earn elite qualifying miles/points on the respective airline–this is how we handle our upgrades and maintain our status with various programs. I realize this kind of program isn’t for everyone; however, the very low annual fee, Signature and Navy Fed benefits, and the 2 pts per dollar spent that never expire make this, to me, a great product.

  • Lenard

    I had my finger on the button to apply for a special offer 50K pts Delta Gold American Express Card. I was hesitant because I wasn’t sure about committing to a single airline and one base I might move to next year doesn’t have a Delta flight from/to the regional airport by the base (the 50K deal and Delta perks were tempting). I’m a Navy Federal member so when this offer popped up from thepointsguy, I evaluated both opportunities, and gave up the Delta perks for the flexibility and points earning opportunities of the Flagship Visa Signature Card. Thanks thepointsguy!

  • Jennifer Church

    We have had a similar card (which they no longer offer) through USAA, and it has helped us when we need quick tickets for family members and no award seats are available. We’ve always been able to give our Frequent Flier numbers when reserving, and have always gotten mileage and status credit.

  • Joe

    Do you guys happen to know what the promo code was for the NFCU Flagship card offer for the 60K bonus points? I am interested in applying but NFCU told me they could only offer me that promotion with the Promo Code.

  • luvmikey

    Curious – How long do you gotta wait before the promotional reward hits your account? 60 days?

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