I got different stories about when the Flagship sign-up bonus is awarded so I asked to speak to a supervisor who confirmed the bonus is awarded after the 90 day period from account opening.
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How about the regular rewards on Flagship? For those of you who spent $4K, did $80 in rewards show up quickly and is it easily converted to cash or statement credit?
Argyll I can tell you that, for conventional spending, Flagship rewards appear in your account at the same time, or virtually the same time, the charge hits the account. Hence:
If a charge hits your account and the rewards do not appear, it is a GIANT red flag. That is what happened to me.
Incidentally, “charge hits the account” in this instance means just that. Mere temporary authorizations, or pending transactions, do not trigger crediting of rewards.
Mine showed up when the charges posted. On one card, there was a charge for about $4300 and on the other card, three charges amounting to somewhere in the mid-$4000s. Both cards had rewards post when the charges posted, just a few days after initially using the card. I redeemed them for deposit into our respective NFCU savings accounts (the default and only option for cash back, I believe, is a savings account) and it took a few days to actually show up there. I’d say from charges posting to seeing the cash in the deposit account, it was about 3-5 business days.
Yes, you can just apply as a statement credit. I have always done that with my cashRewards card, but figured I’d try the deposit account method this time.
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NFCU began today offering a new CD. This is for IRA and ESA purposes only. The terms: 40 months 3.75% APY . . . 24 months 3% APY
See the details here:
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NFCU’s Platinum card offers 0% intro APR for 12 months on balance transfers.
All the other rewards consumer cards offer 1.99% intro APR for 12 months for balances and purchases.
Offer available until 2-28-19.
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Any links?
I saw elsewhere that some existing card holders got 0% , others 1.99%…
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17 month add-on CD at 3.25% is available with $50 minimum deposit up to $50K.
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Yeah, DoC has an article published as of yesterday saying it can be 0% or 1.99%. I’m going to go out on a limb and say DoC’s source is mistaken. I’ve never seen different offers like this from NFCU. It’s typically one offer for everyone.
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Got 50,000 Flagship points on my wife’s card as of today (not sure when they posted, as the rewards history page only seems to show earned rewards). Nothing on mine yet, but I had three transactions that happened later than hers did, to hit the min spend.
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How long has she had the card and how long since reaching the spending limit?
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Min spend was hit 10/15/18. She got approved for the card the week prior. We hit the min spend within a couple of days of receiving the card.
So the reward appeared 90 days from opening the card?
The last email i have about a NFCU application was October 1, when we got approved for each of our cards. So it appears it is about 90 days from opening the card. It certainly was faster than 90 days after hitting the spend requirement.
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I’m planning to do the minimum spending near the end of the 90 day mark.
Are there limits on ACH transferring funds out from savings or checking?
I did my minspend on 9/4, and didn’t get a bonus until first week of January, having put in an inquiry at end of September.
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It appears that ACH out is limited to $5000/day. See Automated Clearing House (ACH) Transfers | Navy Federal Credit Union and click on the ACH link.
Referral bonus of $25 available through February 28. Both referrer and new member get $25.
“To receive the $25 bonus, the person referred for membership must apply online…”
This might be a targeted offer.