Find an updated list of Navy Federal Credit Union promotions, bonuses, and offers here.
Update 10/7/24: There’s currently a $200 digital investor bonus available through 12/31/24.
About Navy Federal Credit Union Promotions
Navy Federal Credit Union has a long standing history catered to active/retired military service members. Today, Navy Federal Credit Union is headquartered in Vienna, Virginia, and serves more than 8 million members. Additionally, the credit union serves its members through numerous locations in states all across the country.
| Eligibility: Membership is open to members of active duty Army, Marine Corps, Navy, Air Force, Coast Guard, Army and Air National Guard. Department officers, retirees, civilian employees and contractors also qualify. Please read more on eligibility here. See current membership details |
I’ll review the current Navy Federal Credit Union Promotions below.
Navy Federal Credit Union $100 Referral Bonus
Get a $100 bonus for referring friends. Up to $500 in referrals!
Navy Federal Credit Union is offering a $100 bonus when you refer new Senior NCOs to the credit union. There is no expiration date listed.
- What you’ll get: $100 bonus
- Account Type: Personal Account
- Availability: Nationwide (Bank Locator)
- Direct Deposit Requirement: Yes, no minimum specified (see what works)
- Credit Inquiry: Hard Pull
- ChexSystems: Unknown
- Credit Card Funding: Unknown
- Monthly Fees: None
- Early Account Termination Fee: None listed
- Household Limit: None listed
(Offer has no expiration date)
| BMO Smart Money Checking ($400 cash bonus*) | KeyBank Checking ($300 bonus) |
| Chase Private Client ($3,000 Bonus) | HSBC Premier Checking (Up to $3,000 Cash Bonus), |
How To Earn Bonus
- Refer new Senior NCOs to the credit union
- Senior NCOs are considered Active Duty, National Guard and Reserves E-7 through E-9 and be at least 18 years of age.
- Once account is open get $100, up to $500 in referral bonus
- Offer can expire anytime without prior notice.
- Person referred for membership must be Active Duty, National Guard and Reserves E-7 through E-9 and be at least 18 years of age.
- Must be at least 18 years of age and in good standing.
- Program must be mentioned at the time of joining
- Recruiters are not eligible to refer recruits.
- If the referred person is ineligible for membership, Navy Federal reserves the right to reclaim the referral awards.
- Accounts must be in good standing
- Limit 5 referrals per member.
- Navy Federal employees and their immediate family are not eligible to participate in this program.
Navy Federal Credit Union $200 Digital Investor Bonus
- What you’ll get: $200 bonus
- Account Type: Digital Investor
- Availability: Nationwide
(Expires 12/31/2024)
| J.P. Morgan Self-Directed Investing (Up to $700 Cash) | TradeStation ($150 Cash) |
| M1 High-Yield Cash Account (4.00% APY) | E*TRADE (Up to $6,000 Cash) |
| WeBull (Free Stocks) | |
How To Earn Bonus
- How Do I Qualify for the $200 Digital Investor Offer?
- Must be 18 years or older.
- Must join and open a Navy Federal Credit Union checking account and a Digital Investor account as the primary account owner between Oct. 1 and Dec. 31, 2024. Joint and Custodial accounts are not eligible.
- Must establish a recurring deposit. The recurring deposit frequency may be daily, weekly or monthly, but must result in at least 1 recurring deposit per month for 3 consecutive months within 90 days of opening new Digital Investor account.
- Once you meet all of these requirements, you’ll receive up to a $200 deposit into your Digital Investor account within 30 days of the 3rd consecutive month of recurring deposits!
- Match amount is dollar for dollar up to $200 based upon total amount of recurring deposits made that meet the requirements. Cumulative deposits totaling more than $200 will be met with a match not to exceed $200. Matching incentive amount will be credited as interest income. For individual retirement accounts (IRAs), the deposit will not count as a contribution. Limit one match up to $200 per member.
- Offer valid October 1 – December 31, 2024, and can expire anytime without prior notice.
- To qualify for the $200 match, you must be 18 years or older and eligible for membership; join Navy Federal between October 1 – December 31, 2024; open a new Digital Investor account by December 31, 2024; and make at least 1 recurring deposit per month for 3 consecutive months within 90 days of opening new Digital Investor account.
- Navy Federal membership is open to members of the Coast Guard, all Department of Defense uniformed personnel, reservists, Active Duty, retired, Veterans, Army and Air National Guard, DoD civilian employees, contractors, and their immediate family. $5 minimum balance is required to open and maintain Membership Savings Account and to obtain incentive match.
- Membership Savings Account Annual Percentage Yield (APY) 0.25%, effective 8/22/2024.
- Fees may reduce earnings, and rate may change.
- If you are a member of another FINRA member firm, you are ineligible from receiving this incentive match.
- Limit one (1) match up to $200 per member access number.
- New member must be the primary account owner of the Digital Investor account to qualify.
- Joint and Custodial accounts are not eligible.
- Match amount is dollar for dollar up to $200 based upon total amount of recurring deposits made that meet the requirement for having at least 1 recurring deposit per month for 3 consecutive months within 90 days of opening new Digital Investor account.
- A Navy Federal checking account is required to open a Digital Investor account.
- Depositing funds into a Digital Investor account can only be done with a Navy Federal checking account.
- Digital Investor has no minimum balance requirement.
- Up to $200 match will be deposited into Digital Investor account within 30 days after the third consecutive month of recurring deposits.
- Available automatic/recurring deposit frequencies: daily, weekly, monthly.
- Manual deposits are not eligible for this offer.
- For all IRA account types, the match amount will not count toward your annual IRA contribution limit and is considered interest income.
- Members may consult a tax consultant or obtain legal advice regarding any tax implications related to the incentive matched investment amount.
- Recipient is solely responsible for any personal tax liability arising out of the acceptance of this incentive.
- Navy Federal does not provide tax advice.
- By accepting this incentive, recipient acknowledges that no representations have been made to the recipient by Navy Federal regarding tax consequences or other legal implications of receiving this incentive.
Navy Federal Credit Union $50 IRA Bonus (Expired)
Earn a $50 IRA Bonus
Navy Federal Credit Union is offering a $50 bonus when you open your first IRA plan.
- What you’ll get: $50 bonus
- Account Type: Retirement Savings Account (IRA)
- Availability: Nationwide
(Offer has no expiration date)
| J.P. Morgan Self-Directed Investing (Up to $700 Cash) | TradeStation ($150 Cash) |
| M1 High-Yield Cash Account (4.00% APY) | E*TRADE (Up to $6,000 Cash) |
| WeBull (Free Stocks) | |
How To Earn Bonus
- Members must open their first IRA plan and deposit a minimum of $50 in the new IRA account no later than 45 days after account opening.
- Once the $50 required minimum balance has been deposited to the IRA, Navy Federal will credit the bonus directly into the new IRA account within 45 days.
- Offer is effective 1/5/2021 and can end or be modified at any time.
- Limit one $50 bonus per member. Primary account holders only.
- The bonus will be credited to the IRA in the form of a dividend and will not be reportable as a contribution.
- Account must be in good standing for credit to be processed. Penalties apply for early withdrawals from the certificate, including any earned dividends.
- Members should consult a tax consultant or obtain legal advice regarding any tax implications related to the dividend.
- Taxes related to the $50 IRA bonus are the member’s responsibility.
- Navy Federal does not provide tax advice.
How To Waive Monthly Fees
No monthly fees
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Bottom Line
These are all the current Navy Federal Credit Union promotions and offers. Right now there is only one promotion and it is a referral. However, feel free to leave your contact info below to take advantage of it.
Additionally, leave a comment below informing us about your experience with Navy Federal Credit Union. Your feedback is highly appreciated and makes our site even better!
Lastly, check back for updated Navy Federal Credit Union promotions, bonuses and offers.
Additionally, Navy Federal Credit Union offers pretty decent CD and Savings account rates. However, check out our full list of some of the best Bank Rates and CD Rates nationwide.
*Compare Navy Federal Credit Union Promotions with other bank bonuses from banks like Citi, Huntington, HSBC, Chase, TD, Discover Bank, Aspiration, Axos Bank, PNC Bank, BMO Harris, SoFi, Fifth Third Bank, Bank of America, Wells Fargo, US Bank, and more!*
They only hard pulled me once, I asked them to use the same hard pull for the account and the card since they were on the same day. No issues. Great CU. Have cards, CLOC, and did a car loan with them over the years. Credit direct deposit a day or two earlier than actual deposit day.
Hi Rue,
Thanks for stopping by. Per promo page, you must join between June 26 and July 31, 2017 though. However, feel free reach out to customer service and see if they can give you the offer. Good luck! https://www.navyfederal.org/contact-us/
Hello is the offer still available I want to open an account with them
They Hard Pull, both to create your membership account and a second time if you apply for one of their credit cards. Yikes, two HPs in as many minutes.