cashRewards Credit Card Features & Benefits

Spend more, earn more. No restrictions on your rewards—continue to accrue more until you’re ready to redeem.

No Reward Expiration

As long as your account is open, rewards won't expire. Continue to spend and accrue rewards and redeem them at your convenience.

Tap to Pay

Make purchases quickly and securely with your card. Just look for the Contactless Symbol at checkout, then tap your card against the card reader. 1

Collision Damage Waiver

With your Navy Federal Visa® Card, 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.

Coverage includes physical damage and theft of the rental vehicle, reasonable towing charges, valid loss-of-use charges imposed by the auto rental company, as well as your deductible and any other eligible amounts not covered by other insurance. Only you, as the primary renter of the vehicle, and any additional drivers permitted by the auto rental agreement are covered.

Certain terms, restrictions and exclusions apply. For more information, please refer to your Auto Rental Insurance Guide. If you need a copy of the guide, please call 1-888-842-6328 or one of our international phone numbers.