Essentials cards

Things you need to know about this offer

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

Offer only available on the NAB Standard Visa Card, NAB Low Rate Visa Card, NAB Qantas Card, for new approved applicants who apply by 29 March 2010. Offer is not available for any package arrangement customers (Choice, Private Tailored, Shareholder, Employee, Portfolio) or when closing or transferring from another NAB credit card account or in conjunction with any other NAB credit card offer.

* The 0% p.a. purchase rate applies for 6 months from the date the account is opened. If at the end of the 6 month promotional period any purchase amounts are owing, those amounts will attract the interest rate for purchases (the NAB “Purchase” Indicator Rate as advertised from time to time) then applicable to your NAB credit card account. 0% p.a. purchase rate excludes cash advances (including bills paid over the counter at a bank, financial institution or post office and for the purchase of travellers cheques). Full details of fees and charges available here.

#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 20.99% p.a. as at 16 March 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.

Important Information

1. 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.
2. Excludes cash advances including bills paid over the counter at a bank, financial institution or post office and for the purchase of traveller's cheques. The NAB Low Rate Visa Card (Purchase) Indicator Rate is 12.49%p.a. (as at 16 March 2010) and is subject to change. The NAB Low Rate Visa Card (Cash Advance) Indicator Rate is currently 20.99%p.a. (as at 16 March 2010) and is subject to change. Your card account terms and conditions detail the application of these rates.
3. Annual card fee and interest rates are subject to change. Correct as at 16 March 2010. View full details of  fees and charges.
4. 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.
5. 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.

Other Important Information
Approval is subject to NAB's credit assessment criteria. Terms and conditions are available on application. 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.