Shareholder benefits

The annual card fee waiver benefit is available to you if you are;

  • an Australian resident shareholder who holds 500 or more ordinary NAB shares; and
  • a new or existing NAB credit card account holder of an eligible NAB credit card who has met the applicable purchase threshold.

The purchase threshold is met when in the 12 month period (or less if applicable) prior to the date the annual card fee is debited to your account, the total amount of purchases debited to the account (less any purchase refunds) exceeds;

  • For NAB Low Fee Card, NAB Qantas Rewards Card and NAB Velocity Rewards Card – $4,000.
  • For NAB Premium Card, NAB Velocity Rewards Premium Card and NAB Qantas Rewards Premium Card – $7,500.
  • For NAB Flybuys Rewards Card – $0 (there is no purchase threshold).

This benefit is only available for one credit card account per eligible shareholder.

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 Monday to Friday, or between 9am - 6pm Saturday to Sunday (AEST).

Important information

  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.
  1. NAB may vary the benefits, terms and conditions of the Shareholder Benefits Package by updating this page.
  2. 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.

Shareholder Centre