Why get a NAB Low Rate Credit Card?

  • More financial flexibility and peace of mind with our lowest interest rate cards

  • Up to 55 interest free days2

  • 7 complimentary insurances on our NAB Low Rate Platinum Card1

  • Access to hundreds of deals, discounts and privileges with Visa Premium Access on our NAB Low Rate Platinum Card

  • Special offers on shows, events, experiences and movies from Visa Entertainment  on our NAB Low Rate Card

  • Fraud protection and online security so you can enjoy peace of mind with all your purchases

Our lowest interest rate on purchases with platinum services and complimentary insurances View disclaimer 1

$ 6K

Minimum credit limit

13.99
% p.a.

Standard purchase rate

$ 100

Annual card fee

0% P.A. ON PURCHASES FOR 15 MONTHS
  • Enjoy 0% p.a. on purchases for 15 months on a new NAB Low Rate Platinum Card. View disclaimer *
  • Minimum monthly repayments required. NAB may vary or end this offer at any time. See important information below

Our lowest interest rate on purchases with no frills

$ 500

Minimum credit limit

13.99
% p.a.

Standard purchase rate

$ 59

Annual card fee

0% P.A. ON PURCHASES FOR 6 MONTHS
  • Enjoy 0% p.a. on purchases for 6 months on a new NAB Low Rate Card. View disclaimer *
  • Minimum monthly repayments required. NAB may vary or end this offer at any time. See important information below

Here's how Dave uses his NAB Low Rate Card

Dave has larger-than-life ambitions

Dave wants to be a GP. He loves helping people, and problem-solving has always been a fun challenge for him. To achieve his dream, Dave needs to go to university, putting in long hours to study.

For Dave, having a low rate credit card provides flexibility to manage his monthly spending. He can use his card when needed (making sure his bills are paid on time) while paying less interest.

Frequently asked questions

What's a credit card?

The official term is ‘revolving line of credit’. In normal speak it’s a card with a set amount of funds (called a 'limit’) you can borrow at any time. That’s the important word: borrowed. Like other loans, credit cards also come with an interest rate.

They have a regular repayment cycle, so the amount of interest you’ll pay will differ each month. It’s determined by how much you spend, how much you repay, and when you repay it.

How does the 55 day interest free period work?

Our Low Rate Card has “up to 55 days” interest free. But, be wary. It doesn’t mean you get 55 days interest-free from the moment you buy something. The "55 days" refers to from the start of your statement cycle to your statement’s due date. This is what we mean by "up to". So you could get between a week interest-free or a maximum of 55 days. Remember if you don't pay your statement balance in full each month, you don’t get your interest-free period.

How's interest calculated?

Interest is calculated daily. The daily interest is based on that day’s closing balance. That’s the total of everything you haven’t paid back (including fees, purchases, cash advances and balance transfers), plus any interest charges.

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