Cards

Important Information

1. Link your card to your FlyBuys membership at no additional cost. Minimum thresholds and standard FlyBuys terms and conditions apply. FlyBuys® is a registered trademark of Loyalty Pacific Pty Ltd ABN 82 057 931 334. Purchases are calculated as total credit purchases less sales credits (i.e. returns) and adjustments during a statement period. Excludes cash advances (including bills paid over the counter at a bank, financial institution or post office), when you use your card to purchase travellers cheques, or as a debit card to access linked accounts. Business transactions are also excluded; as are credit charges; annual or other Bank fees; government charges or unauthorised transactions for which the cardholder is not liable.

2. Annual card fee and interest rates are subject to change. Correct as at 28 June 2010. View full details of fees and charges.

3. Purchase Protection Insurance for the NAB Visa Classic and NAB MasterCard® is issued by Zurich Australian Insurance Limited, ABN 13 000 296 640, AFSL 232507, of 5 Blue Street, North Sydney, NSW 2060. The terms, conditions and exclusions of Purchase Protection Insurance are specified in the Purchase Protection Insurance Policy Document (PDF 104kb) (opens in a new window) and may be amended from time to time.

4. Excludes cash advances (including bills paid over the counter at a bank, financial institution or post office and for the purchase of travellers cheques). Interest free days on purchases if you pay your account in full by the due date each month

5. NAB reserves the right to withdraw any balance transfer request, in full or in part at its discretion. Special Promotion Transfer rate of 4.99% p.a. will apply to any balance transfer amount for up to 2 non-NAB credit or store cards for the period from the time the balance transfer is made to your account for six complete monthly statement periods, unless the balance transfer amounts are paid off earlier. These balance transfer amounts are designated cash advances for the purposes of the terms and conditions applicable to your credit card account. If at the end of the six month statement period applicable to any balance transfer amount any portion of that balance transfer amount is owing, that amount will attract interest at the (Cash Advance) Indicator Rate (as advertised from time to time) then applicable to your card. For NAB Low Rate Visa Cardholders, please note the cash advance interest rate applicable to your NAB Credit Card Account is higher than the purchase interest rate. The rate currently is 21.49% p.a. as at 20 May 2010 and is subject to change. A payment to your NAB Credit Card account under this Special Promotion will be applied to the balance transfer amounts (designated cash advances) before any other cash advance or purchase amounts. The terms and conditions applicable to your credit card account set out in detail the order in which payments are applied. Please note the promotional rate of 4.99% p.a. for up to six months on balance transfer amounts must be applied for at the point full card application. The promotional rate of 4.99% p.a. for up to six months on balance transfer amounts will appear separately on your NAB Credit Card statement and only applies to balance transfers from 2 non-NAB credit card or store card accounts.

6. Purchases excludes cash advances including bills paid over the counter at a bank, financial institution or post office and for the purchase of travellers cheques. The NAB Low Rate Visa Card (Purchase) Indicator Rate is 13.24%p.a. (as at 20 May 2010) and is subject to change. The NAB Low Rate Visa Card (Cash Advance) Indicator Rate is currently 21.49%p.a. (as at 20 May 2010) and is subject to change. See your terms and conditions for details of the application of this rate. Full details of fees and charges.

7. Velocity Membership and Points earn and redemption are subject to Velocity Terms and Conditions as amended from time to time, and available online at velocityrewards.com.au. The Velocity Program is operated by Velocity Rewards Pty Ltd ACN 116 089 448 as trustee of the Loyalty Trust. Please note: NAB requires your valid Velocity Membership Number so that any points you earn are automatically credited to your Velocity Rewards Account each month, within 2 business days following the issue of your next credit card statement

8. To earn points using your NAB Qantas Credit Card Account, you must be a member of the Qantas Frequent Flyer program. A joining fee applies. Membership and points are subject to the Terms and Conditions of the Qantas Frequent Flyer program. For more information visit qantas.com/frequentflyer.

9. Eligible purchases exclude cash advances (including bills paid over the counter at a bank, financial institution or post office and purchases of travellers cheques) or when the card is used as a debit card to access linked accounts or transactions we decide are wholly or partly for a business purpose. Also excludes fees and charges (including government fees and charges), interest charges, transactions which are disputed, fraudulent or involve abuse of your credit card account, payments and purchases which are refunded or reimbursed.

10. Gross income must be $50,000 p.a. or more.

11. Gross income must be $65,000 p.a. or more.

Other Important Information

Approval is subject to NAB's credit assessment criteria. Terms and conditions are supplied on application or available for download here. Fees and charges apply.

A credit card offers you great flexibility and convenience. But it's important to remember, like any debt, you will have to repay it. If you are unsure as to whether you will be able to manage repayments for a new credit card, then you should not consider taking up a NAB credit card at this point in time.