NAB Low Rate Visa Card

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 15 March 2010. Offer is not available for any package arrangement customers (Choice, Private Tailored, Shareholder, Employee, Portfolio) or when closing/ 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 20.74% p.a. as at 22 January 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. 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 12.24%p.a. (as at 12 January 2010) and is subject to change. The NAB Low Rate Visa Card (Cash Advance) Indicator Rate is currently 20.74%p.a. (as at 12 January 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.
2. Excludes cash advances (including bills paid over the counter at a bank, financial institution or post office and for the purchase of travellers cheques). Up to 55 days interest-free on purchases if you pay your account in full by the due date each month.
3. Additional cardholder must be 16 years of age or older. All transactions using the additional card will be the responsibility of the primary cardholder.
4. Annual card fee and interest rates are subject to change. Correct as at 12 January 2010.  View full details of fees and charges. 
5. Terms and conditions apply and are available upon registration for the service. Fees and charges may be payable.
6. These added travel benefits are provided by Visa International. Neither National Australia Bank Limited ABN 12 004 044 937 nor any other company in the National Australia Bank Group guarantees or accepts liability in respect to Visa Global Customer Assistance Services.

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.