Apply for a Commercial Card
Information Use and Disclosure (Velocity Version 1.0)
Privacy Protection of Information - (Privacy Act 1988 CTH)
Acknowledgment and authority that credit information may be given to a credit reporting agency
I understand that Section 18E(8)(c) of the Privacy Act 1988 (Commonwealth)('the Privacy Act') allows National Australia Bank Limited ABN 12 004 044 937 ('NAB') to give a credit reporting agency certain personal information about me which I authorise NAB to do. The information which may be given to a credit reporting agency is covered by Section 18E(1) of the Privacy Act and includes:
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identity particulars as permitted by the Privacy Commissioner's determination issued under Section 18E(3) of the Privacy Act;
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the fact that I have applied for credit and the amount;
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the fact that NAB is a credit provider to me;
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payments which become overdue more than 60 days and for which debt collection action has started;
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advice that payments are no longer overdue;
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in specified circumstances, that in the opinion of NAB, I have committed a serious credit infringement;
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that the credit provided to me by NAB has been discharged.
Authority for NAB to obtain certain credit information
To enable NAB to assess this Application, I authorise NAB:
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to obtain from a credit reporting agency a credit report containing personal information about me in relation to personal credit provided by NAB;
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to obtain from a credit reporting agency a credit report containing personal information about me in relation to commercial credit provided by NAB. This is in accordance with Section 18K(1)(b) of the Privacy Act;
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to obtain a report containing information about my commercial activities or commercial creditworthiness from a business which provides information about the commercial creditworthiness of a person in relation to personal credit provided by NAB. This is in accordance with Section 18L(4) of the Privacy Act;
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to obtain a report from a credit reporting agency and other information in relation to my commercial credit activities.
Authority to exchange information with other credit providers
In accordance with Section 18N(1)(b) of the Privacy Act, I authorise NAB to give to and obtain from credit providers that may be named in this Application and credit providers that may be named in a credit report issued by a credit reporting agency information about my credit arrangements.
I understand this information can include any information about my creditworthiness, credit standing, credit history or credit capacity that credit providers are allowed to give or receive from each other under the Privacy Act. I understand the information may be used for any of the following purposes:
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to assess an Application by me for credit;
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to assist me to avoid defaulting on my credit obligations;
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to notify other credit providers of a default by me;
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to assess my creditworthiness.
Authority to exchange information in relation to the Velocity Program
The Velocity Program is operated by Velocity Rewards Pty Ltd ACN 116 089 448 as trustee of The Loyalty Trust (VRPL). [Program membership] I authorise NAB to give to VRPL and VRPL to give to NAB my Velocity membership account information (including my membership number, full name and contact details) to confirm my Velocity Program membership and facilitate the transfer of Velocity Points to my Velocity Rewards Account.
If I have not given such membership account information to NAB I authorise NAB to notify the VRPL and other Velocity Reward Partners and to provide my contact details so that VRPL and other Velocity Reward Partners can contact me about my membership status. [Other Information] I authorise NAB to give to VRPL and other Velocity Reward Partners, and I authorise VRPL and other Velocity Reward Partners to seek from NAB access to, personal information about me, including:
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the fact that I have applied for a Velocity NAB Business Card;
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the outcome of my Application for a Velocity NAB Business Card;
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information about my use of, and Velocity Reward Points earned on, the Velocity NAB Business Card.
Authority and Declaration
I authorise NAB to contact my current and/or former employer and/or my accountant to verify details contained in this Application.
Where I have provided any identification document (e.g. passport, driver's licence) to NAB in connection with this Application, I authorise NAB to contact the authority that issued the document to verify the status of and any information contained in the document.
I declare that where I have provided personal information about an individual (such as an employer, accountant, relative, spouse/partner, nominated additional cardholder or contact person) in this Application, I have made or will immediately make the individual aware of that fact and:
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that their personal information has been collected by NAB for the purposes of providing me with the product or service that is the subject of this Application (including assessing my Application and identifying me), managing and administering the product or service, and protecting against fraud;
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where the individual is a nominated additional cardholder, that NAB has collected their information for the further purpose of issuing the nominated additional cardholder with an additional card, should this Application be successful;
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that their personal information may be disclosed to other organisations involved in the provision, management or administration of the product or service that is the subject of this Application;
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that I may not be able to obtain the product or service that is the subject of this Application if that individual's personal information is not provided;
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that the individual can gain access to their personal information by contacting NAB; and
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NAB's contact details.
I may do these things by giving the individual a copy of NAB's Privacy Notification, which NAB will make available to me.
[insolvent, bankrupt] I declare that I have never been insolvent or committed any act of bankruptcy or entered into any assignment, composition or arrangement for the benefit of creditors and that there is no unsatisfied judgement in any court against me.
I authorise NAB to provide its relevant service providers with the particulars I have included on this form and of the outcome of my Application (approved or declined) so that they can assist NAB to better manage and administer its products or services.
I declare that I have read and understood the contents of this Application and, where I have provided information in this Application, I declare that information to be true, complete and correct and to be provided to NAB to enable it to determine whether or not to offer me a credit card facility (and, where applicable additional cards) for which I hereby make formal Application.
 
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