Your product at a glance

Whether it's an everyday purchase or life's other luxuries, the NAB Low Rate credit card has you covered.

SPECIAL OFFER! On a new NAB Low Rate Card

0 %

on purchases FOR 15 MONTHS*


0 %

on balance transfers
with a one off 3% BT fee FOR 15 MONTHS*

BT reverts to cash advance rate after promotional period.

Apply by 22 January 2017.
Minimum monthly repayments required.

Standard Rates and Fees

purchase rate
13.99 % p.a.
Standard Balance
Transfer Rate^
4.99 % p.a.
for 6 months
Not available in conjunction with the Balance transfer Special offer.
Cash advance rate
21.74 % p.a.
Annual card fee $59
Minimum credit limit $500
Interest-free days on purchases2 up
55 You won’t receive interest free days while you have a balance transfer.

Card features

Enjoy our lowest everyday purchase rate.

Get up to 55 days interest free if you pay your closing balance by the due date each month2.

Special offers on shows, events, experiences and movies from Visa Entertainment

All NAB credit cards come with these great benefits

Fraud protection

NAB Defence detects fraudulent transactions. If fraud occurs, we’ll give back all your money.

Online security

Verified by Visa reduces online fraud by confirming your identity with a password.

Another card?

Add an additional cardholder at no extra cost3.

Emergency assistance

We’re here for you 24/7 if your credit card is lost or stolen.

Contactless payments

Make payments under $100 by tapping your credit card.

Tools and calculators

See how much you could save
Transfer your credit card balance


Please enter valid interest rate between 0.00 and 100.00


Please enter valid amount higher than 200

Why do a balance transfer?

Balance transfers are one way to consolidate your debt and give yourself some breathing space. By transferring a balance to NAB, you'll benefit from a transfer rate where you'll pay less interest.

Over 12 months you could save


Special offer! On a new NAB Velocity Rewards Premium card

0 %
on purchases For 15 MONTHS#


0 %
on balance transfers with a one off 2% balance transfer fee For 15 MONTHS#

20 ,000
Bonus Velocity Points when you make an everyday purchase within 90 days#


The Balance Transfer Calculator estimates the amount you may be able to save by transferring to a NAB product. We’ll leave you to put in the amount you’re thinking of transferring and your current product’s purchase rate.

Of course, any request by you to transfer this amount will be subject to our assessment of your credit application. So keep in mind, you may not be eligible for a balance transfer for the full amount on your existing cards.

Calculator Assumptions

Interest rate

The interest rate displayed is our current balance transfer promotional interest rate.

We’ve also displayed our current promotional purchase interest rate.

All rates displayed are per annum.


This calculator only takes into account your current product’s purchase interest rate. You’ll also need to consider what other fees and charges apply to your current card and any discounts, or promotional offers, to assess any savings.

The estimated savings also do not take into account any fees applicable to your new NAB product, including any balance transfer fee that may apply. So to more accurately assess any savings you’ll need to read the product webpages on this site and understand what fees and charges will apply.

Monthly repayments

The estimated savings assumes that during the promotional period you make no cash advances and make the minimum monthly repayments each month required under the terms and conditions.

Not the right card for you?

Our lowest annual fee credit card can save you money on upfront costs.

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Get everything you’d expect from an everyday credit card, plus the benefits of platinum.

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Make the most of your everyday purchases while getting rewarded with Qantas Points.

Find out more

Important information

* Special offer

Offer commences 3 October 2016. For approved applicants who apply for a new NAB Personal Credit Card by 22 January 2017. The special purchase and balance transfer interest rate will apply for a 15 month statement period from account opening. After the promotional period, any unpaid purchases will then attract your card’s standard purchase rate and any unpaid balance transfers will attract the standard cash advance rate. Interest rates are subject to change and available at Special promotion balance transfer must be applied for at the point of full card application. The one off balance transfer fee of 3% is calculated on the amount transferred and is charged to your NAB credit card account when your balance transfer is processed. Interest free days do not apply while you have a balance transfer. Minimum monthly repayments must be made by the due date each month. Offer is not available when closing/transferring from another NAB credit card account or in conjunction with any other NAB credit card offer.

^ Balance transfer standard rate

At the end of this period, any unpaid balances will then attract the standard cash advance rate (subject to change), see Interest free days do not apply while you have a balance transfer. Minimum monthly repayments must be made by the due date each month.

2 Interest free days

If you pay your account in full by the due date each month. You won’t receive interest free days if you have a balance transfer. Excludes cash advances (including bills paid over the counter at a bank, transactions for gambling or gaming purposes, financial institution or post office and for the purchase of travellers cheques).

3 Additional cardholder

Additional cardholder must be 16 years of age or older. All transactions using the additional card will be the responsibility of the primary cardholder.

Fees and charges

Terms and conditions available here. Fees and charges are payable. Approval and credit limit is subject to NAB's credit assessment criteria. Information, including interest rates and annual card fees subject to change. Correct as at 3 October 2016. Credit cards issued by National Australia Bank Limited. ©2016 National Australia Bank Limited ABN 12 004 044 937 AFSL and Australian Credit Licence 230686.

Forms and links

NAB Credit Card Terms and Conditions (PDF, 455KB)

NAB electronic banking (card based) Product disclosure statement (PDF, 324KB)

NAB Credit Card Cover Product disclosure statement and policy document (PDF, 386KB)

Personal banking fees – A guide to fees and charges (PDF, 338KB)

Indicator rates for other personal lending