Indicator Rates for Other Personal Lending
Monday, 21 May 2012
Personal Loans
| $5,000 - $9,999 | Comparison Rate |
$10,000 + | Comparison Rate |
|
|---|---|---|---|---|
| Variable Rate |
16.00% pa (rate 11,12,13) |
19.10% pa* | 14.99% pa (rate 21,22,23) (rate 31,32,33) |
15.85% pa# |
| Fixed Rate (1 - 4 years) |
15.50% pa | 18.61% pa* | 14.65% pa | 15.51% pa# |
| Fixed Rate (Over 4 years) |
16.25% pa | 19.35% pa* | 15.40% pa | 16.26% pa# |
Credit Cards
| Purchase | Cash Advance |
|
|---|---|---|
| NAB Low Fee Card | 19.49% pa | 21.74% pa |
| Purchase | Cash Advance |
|
|---|---|---|
| NAB Low Rate Visa Card | 12.99% pa | 21.74% pa |
| Purchase | Cash Advance |
|
|---|---|---|
| NAB Gold Card | 19.49% pa | 21.74% pa |
| Purchase | Cash Advance |
|
|---|---|---|
| NAB flybuys Rewards Card | 19.49% pa | 21.74% pa |
| Purchase | Cash Advance |
|
|---|---|---|
| NAB Qantas Card | 19.99% pa | 21.74% pa |
| Purchase | Cash Advance |
|
|---|---|---|
| NAB Qantas Gold Card | 19.99% pa | 21.74% pa |
| Purchase | Cash Advance |
|
|---|---|---|
| NAB Qantas Platinum Card | 19.99% pa | 21.74% pa |
| Purchase | Cash Advance |
|
|---|---|---|
| Velocity NAB Standard card | 19.99% pa | 21.74% pa |
| Purchase | Cash Advance |
|
|---|---|---|
| Velocity NAB Gold card | 19.99% pa | 21.74% pa |
Margin Lending
| Variable Rate Interest Only | 9.20% pa | |
|---|---|---|
| Fixed Rate Interest Only | In Advance | In Arrears |
| 1 year | 8.40% pa | 8.60% pa |
| 2 years | 8.70% pa | 8.90% pa |
| 3 years | 8.80% pa | 9.00% pa |
| 4 years | 8.95% pa | 9.15% pa |
| 5 years | 9.10% pa | 9.30% pa |
Please call NAB Margin Lending on 1300 135 145 for special rates on loans greater than $250,000.
Base Rate
| Base Rate | 10.73% pa |
|---|
Personal Overdrafts
| NAB Personal Overdraft | 14.73% pa | |
|---|---|---|
| NAB Overdraft Protection | 14.73% pa |
Products no longer for sale
| Variable Rate |
Fixed Rate |
|
|---|---|---|
| #1 Fully Secured | 13.69% pa | 13.99% pa |
| #2 Fully Secured (other security) | 15.59% pa | |
| #3 Partly Secured | 16.34% pa | |
| #4 Unsecured | 17.34% pa |
| Introductory Rate | 13.00% pa ~ | |
|---|---|---|
| $0 - $4,999 | 19.25% pa (rate 1)^ | |
| $5,000 - $9,999 | 16.49% pa (rate 2) | |
| $10,000 - $19,999 | 15.40% pa (rate 3) | |
| $20,000 + | 14.90% pa (rate 4) |
| Introductory Rate | 13.00% pa ~ | |
|---|---|---|
| $0 - $4,999 | 18.00% pa (rate 1)^ | |
| $5,000 - $9,999 | 16.49% pa (rate 2)^ | |
| $10,000 - $19,999 | 14.90% pa (rate 3) | |
| $20,000 + | 14.40% pa (rate 4) |
| Purchase | Cash Advance |
|
|---|---|---|
| NAB Personal Project Loan | 15.99% pa | 19.50% pa |
| Purchase | Cash Advance |
|
|---|---|---|
| Visa Fee Free | 19.70% pa | 21.74% pa |
| Velocity NAB Visa Card | 19.99% pa | 21.74% pa |
| Velocity NAB Gold American Express® Card | 19.99% pa | 21.74% pa |
| Ant™ American Express Card® with No Annual Card Fee | 19.49% pa | 21.74% pa |
| Nab Visa Mini | 19.99% pa | 21.74% pa |
| NAB Platinum Low Rate Card | 12.99% pa | 21.74% pa |
| NAB Platinum One Card | 19.49% pa | 21.74% pa |
* Comparison rate calculated on loan amount of $10,000 over a term of 3 years based on monthly repayments.
# Comparison rate calculated on loan amount of $30,000 over a term of 5 years based on monthly repayments.
WARNING: This comparison rate applies only to the example or examples given Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan.
~ During the drawdown period, the Introductory Rate applies to all transactions debited to a Personal Project Loan Direct and any Balance Transfer amount debited to a Personal Project Loan to pay out a credit contract maintained with NAB.
^ The minimum credit limit available for Personal Project Loan is $5,000 and for Personal Project Loan Direct is $10,000. These rates only apply if the amount of credit accessed is below the product’s minimum credit limit.
™ Ant is a Trade Mark of National Australia Bank Ltd ABN 12 004 044 937. ® Registered Trade Mark of American Express Co.
All rates are effective Monday, 21 May 2012 and are subject to change at any time. To find out more, visit nab.com.au, call into a NAB branch or call 13 13 12. Fees and charges apply. Full details of these and relevant terms and conditions are available on application. National Australia Bank Limited ABN 12 004 044 937.
