Credit Cards

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 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. See your terms and conditions for details of the application of this rates. Full details of fees and charges.
2. Balance Transfer: The special promotion rate of 0%p.a. will apply to any balance transfer amounts for the period from the time the balance transfer is made to your account for six complete monthly statement periods, unless these amounts are paid off earlier. Balance transfer amounts are designated cash advances for the purposes of the terms and conditions applicable to your NAB Low Rate Visa Card account which set out the order in which payments are applied. A payment to your NAB Low Rate Visa Card account under this special promotion will be applied to the balance transfer amounts before any other cash advance or purchase amounts. If at the end of the six month statement period applicable to any balance transfer amount any portion of that amount is owing, it will attract interest at the NAB Low Rate Visa Card (Cash Advance) Indicator Rate. This rate is currently 20.99% p.a. (as at 16 March 2010) and is subject to change. Please note, to receive the special promotion rate for up to six months on balance transfer amounts, you must request your balance transfer when you apply for your card. The special promotion rate applied to balance transfer amounts will appear separately on your credit card statement and only applies to balance transfers from non-NAB credit card or store card accounts. 
3. Cash back is calculated as 0.5% of net purchases made during a statement period and is credited directly to your NAB Visa Mini account. Cash back to your account is capped at $10.00 per statement period. Purchases included in the cash back calculation are described in the terms and conditions which are available on application.
4. Annual card fee and interest rates are subject to change. Correct as at 16 March 2010. View full details of fees and charges.
5. 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
6. 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.
7. 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 Rewards Pty Ltd ACN 116 089 448 as trustee of The Loyalty Trust.
8. Gross income must be $65,000 p.a. or more.
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.