Hot Credit Card Rewards this Summer

Platinum Advantage Credit Card Rewards

Giving you more.

Credit Card Rewards

More flights.   More hotels.   More activities.

Whether you’re planning that special vacation or need to pay for unexpected expenses this summer, use the NASA Federal Platinum Advantage Rewards Credit Card and enjoy some of the hottest credit card rewards around.

  • Great Reward Selection: Choose from an array of merchandise and travel rewards
  • 1-1 Point Transfer: Earn one reward point for every dollar you spend
  • Book with No Blackout Dates: Travel on your terms—whenever your schedule permits

A Credit Card Rewards Program that Sizzles!

Ride out the heat waves this summer with the sizzling rewards of the NASA Federal Platinum Advantage Rewards Card. Apply today at nasafcu.com/apply or call 301-249-1800, or toll-free at 1-888-NASA-FCU, ext. 200.

Transferring Balances is Easy—and Free

Transferring balances from your higher-rate credit cards has never been easier. Plus, there is no fee.

So visit nasafcu.com/balancetransfer today to transfer your higher-rate balances to a NASA Federal Platinum Advantage Rewards Card!

6 Travel Tips for Traveling Abroad

Travel Tips for Traveling Abroad this Summer

Use these travel tips if you plan to use your NASA FCU Check Card and/or Credit Card abroad. Be sure to notify the Credit Union several days prior to your travel date. It’s the best way to ensure that your card will deliver the same value overseas as it does here in the U.S.

We’ll make a note on your account so we know you’re on a trip and need access while away. Rest assured your travel dates will remain confidential.

6 Travel Tips for Traveling Abroad

  • Have your travel documents in order, including your
  • passport, visas, etc.
  • Budget your expenditures, estimating the average cost of daily expenses to keep spending under control.
  • Carry valuables in a concealed, inside pocket or in a sturdy bag that closes or zips securely.
  • Put your name, address and telephone number on the inside and outside of all luggage.
  • Find out about quarantine laws in the country to which you are traveling if taking a pet.
Call to notify us about your travel dates at 301-249-1800, or toll-free 1-888-NASA-FCU, ext. 200.

Avoid Home Improvement Scams

It’s home improvement time again.

And someone with a pickup truck and a smile knocks on your door, mentions something on your home improvement to-do list, and offers to do it at a cost that seems almost too good to be true.

Steps to Avoid Home Improvement Scams

Before Hiring a Contractor:

  1. Verify the contractor has liability insurance.  If the contractor or his employees cause damage to your property, this ensures that he can make good on any damages.
  2. Require a license number.  If a worker gets injured on the job, and worker compensation insurance isn’t in place, that worker could sue both the employer and you, the property owner, for damages.
  3. Check References.  Reputable contractors with a good track record will have references from prior jobs.

Following these three steps will help you to avoid home improvement scams. Using licensed contractors and checking references is a smart move, and it protects you against unwanted liability when things don’t go as planned.

Your Home Equity this Summer

Home Equity and Home Improvement

Like SPF 30 and a good pair of flip flops, summer home improvements and home equity go hand-in-hand!

Home Equity Line:

Best for ongoing borrowing needs like a series of home improvements or a credit reserve for unexpected expenses.

  • Variable rates as low as 4.00%2 APR
  • Market-leading rates, no points, closing costs1 or fees
  • Easy access to funds with online banking or convenience checks
  • Credit lines up to $250,000

Home Equity Loan:

Ideal for one-time borrowing needs and offers predictable, fixed payments for the term of the loan.

  • Market-leading rates, no points, closing costs1 or fees
  • Fixed Rates as low as 3.74%2 APR and extended terms
  • Borrow up to 90% of your home’s value
  • A one-time payout to get your money up front
  • Loan amounts up to $250,000

Your to-do list isn’t getting any shorter. And, like summer, these rate won’t be around forever—so apply today. Stop by any branch, call  301-249-1800, or toll-free at 1-888-NASA FCU, ext. 802, or visit nasafcu.com/home-equity.

 

1 No closing cost offer available one time only per property. Closing costs must be repaid if line or loan is closed before 24 months.

2 Annual Percentage Rate (APR) is based on evaluation of applicant’s credit and on associated loan-to-value ratio. Your actual APR may vary. *APR=Annual Percentage Rate. Introductory APR applies only to the Home Equity Line and is for the first 6 billing cycles. Upon expiration of the intro rate, all balances will accrue interest at the variable APR in effect for your account. APRs are based on evaluation of the applicant’s credit. Your APR may vary. Other conditions apply. 4.00% Floor Rate regardless of a temporary lower Prime Rate. The APR is a variable rate and is based on the prime rate as disclosed in The Wall Street Journal plus or minus a margin based on your credit history. The rate is subject to change. Maximum APR is 18%.

 

We do business in accordance with the Federal Fair Housing Law and the Equal Credit Opportunity Act.

2012 Scholarship Winners

scholarship winners

2012 winners are top, left to right: Geoffrey Many, Vernon Jones, James Williams, bottom left to right: Alyssa Hickman, Julia Tolson, Chase Charron.

NASA FCU Awards Scholarships to Six Local Students

NASA FCU is proud to announce the winners of the 2012 Mitchell-Beall-Rosen Memorial Scholarship Contest. The annual program rewards the writing talent and academic achievements of young NASA FCU members working toward four-year or two-year undergraduate degrees or vocational studies.

Scholarships are awarded based on the evaluation of a written essay and a personal interview conducted by the Scholarship Committee. With up to $7,000 awarded to assist with the costs of tuition, books and living expenses.

Six Maryland and Virginia high school seniors are among the list of recipients for this year’s winners.

Credit Union Student Choice

Don’t face the high cost of college alone.

Credit Union Student Choice

As every parent knows, the cost of education is constantly on the rise, creating an increasing gap between the full cost of tuition and the amount of available financial aid. As a result, many families turn to higher-cost private student loans to help cover the difference.

The Solution is Credit Union Student Choice

The Credit Union Student Choice loan program is a smart alternative to other high-rate private student loan programs.

It offers:

  • Deferred payment while in school
  • Flexible repayment options
  • No origination fees
  • Competitive interest rates

Speak with a Student Loan Specialist at 1-800-322-8816 to apply by phone, or apply online.