Points · Visa · No annual fee
Last verified 2026-09-09. Review issuer source
Navy Federal cashRewards Secured is a no-annual-fee points card from Navy Federal Credit Union. It earns 1x on purchases, which puts it behind most rewards cards; you hold it for the credit reporting, not the rewards.
On our reference budget of $24,600 a year it returns about $246, an effective 1% back.
Get it for the reporting. Pay in full, keep the balance under a third of the limit, and ask about graduating to an unsecured card after a year. The rewards are beside the point.
No welcome bonus is stored for this catalog entry yet.
With your Navy Federal Visa or Mastercard, you automatically have Collision Damage Waiver (CDW) coverage when you rent a car for 15 days or less and pay for the rental with your covered rewards card. The CDW coverage is secondary to any other applicable insurance or coverage available to you.
Benefit descriptions are the issuer’s and network’s own wording, trimmed for length. Limits and exclusions are in the guide to benefits.
| Card | Annual fee | Rewards earned | Net after fee | Rank |
|---|---|---|---|---|
| Navy Federal cashRewards SecuredThis card · 1x on everything | None | $246 | +$246 | Not ranked |
| Savor RewardsThe strongest no-fee card on this budget · 3% on dining | None | $642 | +$642 | 4th of 1,291 |
| Robinhood Gold CardHighest net return on this budget · 3% on everything | $50 | $798 | +$748 | 1st of 1,291 |
Reference budget: groceries $6,000, dining and restaurants $3,600, gas and ev charging $2,400, travel and transit $3,000, online shopping $2,400, entertainment and streaming $1,200, everything else $6,000. Points are valued at 1¢ unless the program is worth less; statement credits, welcome bonuses, and perks are left out. This card is not in the ranking because its issuer limits who can apply. Run it with your own spending.
