Shareholder benefits

We will waive the annual fee on selected NAB credit cards for Australian resident shareholders who hold 500 or more ordinary NAB shares.

This benefit is only available for one credit card per eligible shareholder. The annual fee will be waived in the next fee period where the net annual purchases exceed the following amounts:

  • NAB Low Fee Card, NAB Qantas Rewards Card and NAB Velocity Rewards Card – $4,000 spending per year.
  • NAB Premium Card, NAB Velocity Rewards Premium Card and NAB Qantas Rewards Premium Card – $7,500 spending per year.
  • NAB Flybuys Rewards Card – No annual purchase thresholds apply.

Access your benefits

When you hold 500 or more NAB shares you will receive a letter containing your Shareholder Benefits Number. It’s important to note that this number is not the same as your Securityholder Reference Number or Holder Identification Number.

To access this benefit, visit your local branch with this information, or call us on 13 22 65 between 8am – 7pm (AEST) Monday to Friday.

Terms and conditions

  1. A shareholder must be a natural person(s) who is a resident of Australia and:
    • owns 500 ordinary fully paid National Australia Bank Limited (Bank) shares, or
    • is nominated by a company, trust or incorporated body that owns 500 ordinary fully paid Bank shares. A company, trust or incorporated body can nominate one natural person who is a resident of Australia to receive the full benefits of the package using the Nominee Appointment Advice form (PDF, 201KB). A separate appointment form must be completed where more than one entity is registered in a joint holding.
  2. NAB may vary the benefits, terms and conditions of the Shareholder Benefits Package by updating this page.
  3. Approval for NAB credit products is subject to NAB's credit assessment criteria. Terms and conditions are available on application. Other fees and charges apply.
  4. Please consider the terms and conditions for term deposits, which are available from National Australia Bank Limited (NAB), before deciding on this product. NAB is the product issuer.

Shareholder Centre