Credit Cards

*Monthly qualifications to earn 2% cash back on NOW REWARDS purchases:

• Average daily balance of $2,000 in Northwest Federal accounts (combined balance of savings / money market / checking)
• Additional Northwest Federal products/services from two or more of the following categories:
  • Mortgage
  • Auto Loan
  • Personal Loan or Line of Credit**
  • Home Equity Loan
  • Land Loan
  • IRA Savings ($500 minimum balance)
  • IRA Certificate or Regular Certificate
  • Northwest Financial Advisors Client
  • Online Banking (must log-in at least once during monthly qualification cycle)

The qualification criteria must be satisfied on the Primary Cardholder's membership account to qualify. Qualification for the 2x points is re-evaluated monthly. The qualification cycle ("Qualification Cycle") begins on the last day of the prior month and ends one day prior to the end of the current month. The additional .75x points (from the base 1.25x points) is accrued for purchases made by qualifying cardholders in the month following each Qualification Cycle ("Accrual Period"). The accrued points are applied to the cardholder’s total points during the first week following the Accrual Period. **Balance must be greater than $0 on a Northwest Federal Line of Credit or Home Equity Line of Credit in order for this product to count toward the monthly qualifying criteria.

To illustrate, below is an example timeline of how points are awarded:

• Qualification Cycle - Cardholder qualifies for 2x points in January’s Qualification Cycle which is December 31 through January 30.
• Accrual Period - Cardholder is notified of qualification in early February and is earning 2x points on all purchases in that month. During the month of February, cardholder’s online points total will reflect 1.25x points.
• The cardholder’s additional .75x points will be made available to redeem for rewards by the end of the first week of March (totaling 2x points earned on net purchases in February).

¹ When monthly requirements are met, NOW REWARDS cardholders receive 2 points for every $1 in NOW REWARDS net purchases which may be redeemed for 2% cash back. If qualifications are not met, NOW REWARDS cardholders receive 1.25 points for every $1 in NOW REWARDS net purchases. Points earned in the NOW REWARDS program will expire 5 years from end of month in which points were earned.

² Your initial Annual Percentage Rate (APR) will range from 12.74 to 18.00% based on your creditworthiness. After this, your APR is subject to change monthly based on the Prime Rate published in the Wall Street Journal on the last business day of the prior month. Credit card rates apply to cash advances, balance transfers, and outstanding balances on purchases. There is no annual fee, no cash advance fee and no foreign transaction fee. Balance transfers are subject to a 3% fee on the transaction amount.

³ Bonus points will be added to your NOW REWARDS account upon obtaining a qualifying Northwest Federal auto loan, mortgage, home equity loan/home equity line of credit. Some restrictions apply. Not valid on refinance of an existing Northwest Federal loan. Offer is subject to change at any time.

⁴ Your initial Annual Percentage Rate (APR) will range from 11.74% to 18.00% based on your creditworthiness. After this, your APR is subject to change monthly based on the Prime Rate published in the Wall Street Journal on the last business day of the prior month. Credit card rates apply to cash advances, balance transfers, and outstanding balances on purchases. There is no annual fee, no cash advance fee and no foreign transaction fee. Balance transfers are subject to a 3% fee on the transaction amount. 

⁵ Annual Percentage Rate (APR) is non-variable. Credit card rates apply to cash advances, balance transfers, and outstanding balances on purchases. There is no annual fee, no cash advance fee and no foreign transaction fee. Balance transfers are subject to a 3% fee on the transaction amount.

Visa is a registered trademark of Visa International Service Association.
Apple Pay is a trademark of Apple Inc., registered in the U.S. and other countries.
Samsung Pay is a registered trademark of Samsung Electronics Co., Ltd. Google Pay is a trademark of Google Inc.
Fitbit and Fitbit Pay are trademarks or registered trademarks of Fitbit, Inc. in the U.S. and other countries.
Garmin Pay is a trademark of Garmin Ltd. or its subsidiaries. Credit Card Disclosure & Pricing Information.
LG Pay is a registered trademark of LG Corp.