Make the most of your everyday purchases by earning Velocity Frequent Flyer Points.
* 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 www.nab.com.au. 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. The NAB Velocity Rewards Card Frequent Flyer bonus points, is not available with the NAB Home Loan 250,000 Velocity Frequent Flyer 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 www.nab.com.au. Interest free days do not apply while you have a balance transfer. Minimum monthly repayments must be made by the due date each month.
# Bonus Points
To be eligible for the Bonus points offer, you must apply for a new NAB Velocity Rewards Card and a NAB Velocity Premium Rewards Card by 22 January 2017, be approved, and make an everyday purchase within 90 days of opening your account. Everyday purchases exclude transactions NAB decides are wholly or partly for gambling or gaming purchases. NAB may vary or end this offer. Points will be credited to the qualifying members account within 3 months of meeting the spend criteria.
Important information if you apply for a NAB Home Loan between 31 July and 31 December 2016. This offer is not available in conjunction with any other offer, including the NAB 250,000 Velocity Frequent Flyer Points offer. If you apply for a new NAB Velocity Rewards Card, your 25,000 NAB Velocity Rewards Premium Card bonus points will be awarded within 3 months of meeting the eligibility criteria. If you also apply for a NAB Home Loan between 31 July and 31 December 2016 and meet the eligibility criteria for the NAB 250,000 Velocity Frequent Flyer Points offer, you will only receive 225,000 bonus Velocity Points (meaning that in total you will receive 250,000 bonus Velocity Frequent Flyer Points). If you apply for a NAB Home Loan and are awarded the 250,000 Velocity Points, you will not receive the 25,000 bonus Velocity Points as part of the cards offer.
2 Interest free days
If you pay your account in full by the due date each month. You won’t receive interest free days while you have a balance transfer.
3 Velocity Points
To earn Points, you must be a member of the Velocity Frequent Flyer program and have provided your valid Velocity Membership Number to NAB. Velocity Membership and Points earn and redemption are subject to Velocity Terms and Conditions as amended from time to time, and available at velocityfrequentflyer.com. The Velocity Frequent Flyer program is operated by Velocity Frequent Flyer Pty Ltd ACN 601 408 824. Points are capped at $20,000 spend per statement period.
4 Insurances A qualifying purchase is required to get the benefits of the complimentary insurance. See terms, conditions and exclusions of the complimentary insurances are specified in the NAB Card Insurance Policy Information booklet (PDF, 391KB) and in the NAB Purchase Protection Insurance policy information booklet (PDF, 924KB) and may be amended. The complimentary insurances is issued by QBE Insurance (Australia) Limited ABN 78 003 191 035 to NAB. Access to the benefit of cover under the NAB card insurances is provided to eligible NAB cardholders by operation of s48 of the Insurance Contracts Act 1984 (Cth).
5 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.
American Express and American Express Safekey are registered trademarks of American Express. The NAB Velocity Rewards American Express Card is issued by National Australia Bank pursuant to a licence from American Express.
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.
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