Velocity NAB Gold card
Our fastest way to earn Velocity Rewards Points.
Apply for a Velocity NAB Gold card
Overview
- Our fastest way to earn Velocity Frequent Flyer Points with everyday purchases.
- Balance transfers at just 4.99% pa. for 6 months.
- Use your Visa card to make contactless purchases with NAB Visa payWave
- Additional cardholder at no extra cost. (You stay responsible for all use of the account.)
Benefits of Gold
- Seven complimentary insurances - see "Insurance" tab for details
- VIP Lost Card Cover, complimentary for the first 12 months.
Benefits of American Express®
- Shop online at your favourite US and UK stores with delivery to Australia via Globaleshop.
- Overseas and emergency assistance with American Express Global Assistance 24 hours a day, 7 days a week.
- Access to the offers, promotions and services of the American Express Network
- Retail, dining, travel and entertainment offers through American Express SelectsTM
- Online fraud protection
American Express is a registered trademark of American Express Company.
Benefits of Visa
- Special offers on shows, events, experiences and movies from Visa Entertainment.
- Emergency travel assistance from Visa Global Customer Assistance Services 24 hours, 7 days.
- Secure online shopping with Verified by Visa.
Rates and fees
Purchases: 19.99% pa.
Cash advances: 21.74% pa.
Balance transfers: 4.99% pa. for up to 6 months (read more about balance transfers).
Annual card fee: $150
Other fees may apply
Annual card fee and interest rates are subject to change. Correct as at 15 May 2012. View full details of fees and charges.
Rewards
Velocity Frequent Flyer is the loyalty program of Virgin Australia. Earn Velocity Points on everyday purchases and redeem them for rewards including flights, accommodation and entertainment.
Earn Velocity Points
Your Velocity NAB Gold Card account has two cards attached to it. The American Express card gives you maximum points earning and the Visa card gives you added worldwide acceptance. Every time you make a purchase with either card, you earn Velocity Points.
| Card | Earn rate per statement cycle |
| American Express | 2 points per $2 spent on eligible purchases |
| Visa | 1 point per $2 spent on eligible purchases |
There's no cap on the number of points you can earn.
Joining the Velocity Frequent Flyer program
It's free to join Velocity Frequent Flyer on their website, and there are no membership fees.
Include your Membership Number in your credit card application to make sure that you earn points as soon as you start using your cards. We'll link your cards to your membership before we send them to you.
Everyday purchases exclude:
- cash advances
- bills paid over the counter at a bank, financial institution or post office
- purchases of travellers cheques
- transactions for gambling or gaming purposes
- when the card is used as a debit card to access linked accounts
- transactions we decide are wholly or partly for a business or investment purpose
- 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.
Velocity Membership and Points earn and redemption are subject to Velocity Terms and Conditions as amended from time to time, and available at velocityrewards.com.au. The Velocity Program is operated by Velocity Frequent Flyer 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 Frequent Flyer Account each month, within two business days following the issue of your next credit card statement.
Insurance
These insurances are complimentary with your Velocity NAB Gold Card. These are just brief summaries, and you should read the update with the new document NAB Card Insurance Policy Information Booklet (PDF, 151KB) for full details, including exclusions. You can also call Chubb Insurance on 1800 788 566.
Overseas Travel Insurance
Cover for travel cancellation, overseas medical expenses, lost luggage (up to $20,000) or travel documents, rental vehicle excess, accidental death and disability, missed connections, personal liability, collision damage waiver, hijack and detention, and kidnap and ransom.
To qualify, use card to purchase a minimum of $500 of your prepaid transportation costs (including travel by air, rail, road or watercraft) and/or accommodation costs and/or organised land tour costs all of which are inclusive of any charges, fees and/or taxes (excluding foreign currency and travellers cheques) on your Velocity NAB Gold Card and receive comprehensive Overseas Travel Insurance cover for overseas trips up to six months long.
Interstate Flight Inconvenience Insurance
You're covered if, during an interstate flight, your luggage is lost or delayed or if you have to cancel or amend an interstate flight due to serious illness.
Transport Accident Insurance
Cover if you or members of your family die or are seriously injured in an accident while travelling.
Domestic Hotel Burglary Insurance
You can be reimbursed up to $2,500 for loss of, or damage to, personal items due to burglary of your hotel/motel in Australia.
Purchase Protection Insurance
Protection for new items purchased with your Velocity NAB Gold Card, if they're stolen or accidentally damaged within 90 days of the date of purchase.
Extended Warranty Insurance
If you purchase a new domestic appliance in Australia using your Velocity NAB Gold Card you'll receive an extension of its original Australian manufacturer's warranty for up to 12 months.
Price Protection Insurance
Shop with confidence within Australia knowing you can be reimbursed the difference between the price you paid for a new item with your Velocity NAB Gold Card and a lower printed advertised price for the same item. These policies are provided by Chubb Insurance Company of Australia Limited ABN 69 003 710 647 AFSL No. 239778.
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