Platinum Card Goes Like Hotcakes

November 23, 2001, 1:00 a.m. EST 1 Min Read

- VIENNA, Va.(11/23/01)- Navy FCU said it issued more than 5,200 Platinum VISA andMasterCard credit cards in just a month after introducing the newproducts, one third of the credit union full-year projection forthe new plastic. And 20% of those cards have gone to members whohave never held an NFCU credit card before. The Navy FederalPlatinum card offers credit lines up to $50,000, provides travelaccident insurance, and includes among its six different designs aNaval Carrier Battlegroup, the Iwo Jima Memorial, and the USSConstitution. Navy Federal has a $1.2-billion card portfoliorepresenting 769,000 accounts.

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