Accelerate your Velocity Points and enjoy the extra benefits of platinum.
Offer commences 2 May 2016. Offer only available to new approved NAB credit card customers. Offer is not available when closing/transferring from another NAB credit card account or in conjunction with any other NAB card offer, including the NAB Home Loan 250,000 Velocity Frequent Flyer offer. Terms, conditions, fees, charges and lending criteria apply. The NAB Velocity Rewards Card Frequent Flyer bonus points is not available with the NAB Home Loan 250,000 Velocity Frequent Flyer offer. The special promotion must be applied for at the point of full card application. The one off balance transfer fee of 2% is calculated on the amount transferred and is charged to your NAB credit card account when your balance transfer is processed. Minimum monthly repayments must be made by the due date each month. The special purchase rate and balance transfer rate will apply for a 15 month statement period from account opening. After the promotional period, your card’s standard purchase rate applies (subject to change) see www.nab.com.au.
To be eligible for the Bonus points offer, you must apply for a new NAB Velocity Rewards Premium Card by 2 October 2016, be approved, and make an 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. Points will be credited to the qualifying members account within 3 months of meeting the spend criteria. Offer is not available in conjunction with the NAB Home Loans Velocity 250,000 Velocity Frequent Flyer offer.
Important information if you apply for a NAB Home Loan between 2 May and 31 July 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 Premium Card, your 20,000 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 11 April and 31 July 2016 and meet the eligibility criteria for the NAB 250,000 Velocity Frequent Flyer Points offer, you will only receive 230,000 bonus Velocity Points (meaning that in total you will receive 250,000 bonus Velocity Frequent Flyer Points).
1 Balance transfer
The balance transfer rate will apply for a 15 month statement period from account opening. Any unpaid purchases and balance transfer will then attract your card’s standard interest rate for purchases. 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 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 Concierge service
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.
5Overseas travel insurance
To qualify, use your NAB Velocity Rewards Premium Card to purchase a minimum of $500 of your prepaid transportation, accommodation, and/or land tour costs and receive complimentary Overseas Travel Insurance cover for overseas trips up to six months.
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.
7 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 Premium 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 2 May 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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