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.