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60,000 bonus Velocity Points.

Apply by 30 April 2016 and spend $1,500 on everyday purchases within 90 days#.

Rates and fees

  • 19.99

    purchase interest rate

  • 21.74

    cash advance rate

  • 4.99

    balance transfer rate (up to 6 months)1

  • 150

    annual card fee

More rates and fees information

Benefits and features

Maximise Velocity Points

  • Earn Velocity Points on everyday purchases. Up to $20,000 per statement period3.

Protection with insurance

  • Access to seven complimentary insurances including Overseas Travel Insurance4.

Enjoy premium service

Make quick, secure purchases

Have two cards on one account

  • Earn maximum points using NAB Velocity Rewards Premium American Express® Card.
  • Enjoy worldwide acceptance of your NAB Velocity Rewards Premium Visa Card.

Security

Other features

  • Add a loved one as an additional cardholder at no extra cost. Just remember you’re still responsible for the card6.
  • VIP Lost Card Cover (complimentary for the first 12 months).

Rewards

  • 1.5 Velocity Points per $1 (American Express).
  • 0.5 Velocity Point per $1 (Visa).
  • Earn Velocity Points on everyday purchases when you become a Velocity Frequent Flyer member. Velocity Points are capped at $20,000 spend per statement period3.

Earn and redeem Velocity Points

Insurance

Enjoy the benefits of platinum with these seven complimentary insurances4.

Here’s a brief summary but you should read the NAB Card Insurance Policy Information Booklet (PDF, 391KB) for full details, including exclusions. You can also call QBE Insurance on 1800 187 025.

Before you apply

It takes 10 minutes to complete

Get a response in 60 seconds.

New to NAB? Avoid branch queues and verify your ID online.

Get your card within 5-7 working days if approved.

Important information if you apply for a NAB Home Loan between 21 September and 31 December 2015

The Velocity Rewards Card and Velocity Premium Rewards Card (“Velocity Credit Cards”) Bonus Points offers are not available in conjunction with any other offer, including the NAB 250,000 Velocity Frequent Flyer Points offer. This means that if you apply for a NAB Home Loan between 21 September 2015 and 31 December 2015 as well as a Velocity Credit Card, you will not receive the Velocity Credit Card Bonus Points. If your NAB Home Loan application does not proceed or you do not meet the eligibility criteria for the NAB 250,000 Velocity Frequent Flyer points offer, then we will re-assess your eligibility for the Velocity Credit Card Bonus Points. We will only undertake this re-assessment once your NAB Home Loan application becomes inactive, and only if you did not receive the NAB 250,000 Velocity Frequent Flyer Points offer. The first re-assessment will take place in January 2016. If your NAB Home Loan application is still active on the January 2016 re-assessment date (but does not proceed or you do not meet the eligibility criteria for the NAB 250,000 Velocity Frequent Flyer Points offer), your eligibility for Velocity Credit Card Bonus Points will be re-assessed in May 2016. If you are eligible for Velocity Credit Card Bonus Points on re-assessment in either January or May, you will receive those points within 60 days of re-assessment. You will only be eligible for Velocity Credit Card Bonus Points on re-assessment if you comply with all Velocity Credit Card Bonus Points offer conditions, including the requirement to spend $1500 on everyday purchases within 90 days of opening your Velocity Credit Card.

Important information

# Offer commences 12 October 2015. To be eligible for the Bonus Velocity Points offer, you must apply for a new NAB Velocity Rewards or NAB Velocity Rewards Premium Card by 14 February 2016, be approved, and spend $1,500 on everyday purchases 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. Velocity Points will be credited to the qualifying members account within 4 months of meeting the spend criteria. Offer is not available in conjunction with the NAB 250,000 Velocity Frequent Flyer offer. See important information above if you apply for a NAB Home Loan between 21 September 2015 and 31 December 2015.

1 The balance transfer rate will apply for a 6 month statement period from account opening. Any unpaid balance transfer will then attract your card's standard interest rate for purchase.

2 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.

3 To earn Velocity Points, you must be a member of the Velocity Frequent Flyer program and have provided your valid Velocity membership number to NAB. Membership Points earn and redemption are subject to the Velocity Terms and Conditions, as amended from time to time, available at velocityfrequentflyer.com. The Velocity Program is operated by Velocity Frequent Flyer Pty Ltd ACN 601 408 824.

4 The NAB card insurances is a group policy issued by QBE Insurance (Australia) Limited ABN 78 003 191 035 AFSL 239545 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). The 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 from time to time. A qualifying purchase is required to get the benefits of the complimentary insurances.

5 This service is provided by International SOS (Australasia) Pty Ltd. Your concierge is available on 1300 730 213, 24 hours a day, 7 days a week. This is a brief overview of what your concierge offers—see the NAB Platinum Concierge Service terms and conditions (PDF, 234KB) for full details.

6 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 Company. The NAB Velocity Rewards Premium American Express Card is issued by National Australia Bank pursuant to a license from American Express. Credit Cards are issued by National Australia Bank limited.

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. View Indicator rates for other personal lending. Correct as at 30 November 2015.

NAB Credit Card Terms and Conditions (PDF, 1.1MB)

Velocity NAB Credit Card account – Velocity Points Terms and Conditions (PDF, 255KB)

NAB electronic banking (card based) Product disclosure statement (PDF, 303KB)

NAB Credit Card Cover Product disclosure statement and policy document (PDF, 130KB)

Personal banking fees – A guide to fees and charges (PDF, 318KB)

Addendum – Personal banking fees – Amendment to A guide to fees and charges (PDF, 226KB)

Indicator rates for other personal lending

Credit cards issued by National Australia Bank Limited. © 2015 National Australia Bank Limited ABN 12 004 044 937 AFSL and Australian Credit Licence 230686.

Apply now for your NAB Velocity Rewards Premium Card

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