Earn Velocity Points

Enjoy more opportunities to earn Velocity Points (from NAB Rewards Points) when you apply for a new NAB Rewards credit card.

  • Convert 2 NAB Rewards Points into 1 Velocity Point. 

  • Enjoy hassle-free automatic redemption, which transfers your NAB Rewards Points direct into your Velocity account each week.

To ensure you are set up for the auto redemption feature, please make sure to begin your application through our dedicated Velocity page.
To earn Velocity Points you must be a Velocity Frequent Flyer member and have provided your Velocity Frequent Membership number to NAB.
Eligibility criteria and terms and conditions apply. Minimum monthly repayments required. NAB may vary or end this offer at any time.


  • Earn Velocity Frequent Flyer points on everyday purchases on your Visa card.
  • Complimentary purchase protection insurance.
  • Up to 44 Interest free days on purchases.
  • Access to our NAB Service Centre 24 hours, 7 days a week.

Benefits of Visa

Rates and fees

Variable purchase rate

19.99% p.a.

Variable cash advance rate

21.74% p.a.

Standard balance transfer rate

0% p.a. for 12 months
Balance transfers

Balance transfer fee

3% balance transfer fee applies.

Annual card free

$95 p.a.

Other fees may apply.

Annual card fee and interest rates are subject to change. Correct as at 5 February 2022. View full details of fees and charges.


Earn Velocity Points on everyday purchases and redeem them for rewards in the Velocity Frequent Flyer Program, including reward flights or a variety of products and vouchers from the Velocity Store.

Net purchases per statement period Rewards earn rate
$0 to $3,000 0.5 Velocity Points per $1 spent

Points are capped at $3,000 spend per statement.


This insurance is complimentary with your NAB Velocity Rewards Card.

Complimentary purchase protection insurance

You could be covered if new personal items bought on your NAB Velocity Rewards Card are lost, stolen or accidentally damaged within 90 days of the date of purchase.

Terms and Conditions