Rates and fees

Learn more about our standard interest rates and minimum credit limits.

Variable purchase rate
12.49% p.a.
Interest free days on purchases Up to 55

Annual card fee

 $59 p.a.
Minimum credit limit $1,000
Variable cash advance rate
This is the interest rate charged on amounts you withdraw as cash, gambling transactions (including lottery ticket purchases), or transfer from your credit card to another account. 		21.74% p.a.
Learn more about rates and fees

Choose one of our available credit card offers

Your choice of offers to suit your credit needs, select either our promotional balance transfer offer or our cash back offer.

Offer
Promotional 0% p.a. balance transfer (BT) for 28 months with 2% BT fee

Take advantage of our balance transfer offer to help pay off your existing credit card balance/s sooner.

  • Available on new NAB Low Rate credit card. This could help you to consolidate your debt and reduce the amount of interest you pay on it. Try using our balance transfer calculator to see how much you could save.

  • Enjoy no annual fee for the first year (usually $59).

    If you’re already a NAB customer you could be eligible for additional credit card offers such as reduced annual card fees, bonus rewards points and more by applying through the NAB app or NAB Internet Banking
    Minimum monthly repayments required. NAB may vary or end this offer at any time. See important information below.

Apply now
Calculate savings

Offer
Up to $300 cash back

Looking for a credit card that not only offers a low interest rate but provides up to $300 cash back?

  • Available on a new NAB Low Rate credit card. $100 cash back per month for the first three months from account opening when you spend $500 per month on purchases.

  • Enjoy 0% p.a. for 12 months standard balance transfer (BT) rate. 3% BT fee applies. Unpaid BT reverts to variable cash advance rate.

    If you’re already a NAB customer you could be eligible for additional credit card offers such as reduced annual card fees, bonus rewards points and more by applying through the NAB app or NAB Internet Banking.
    Purchases must be processed and charged to your account in the relevant month to count toward your monthly spend.
    Minimum monthly repayments required. NAB may vary or end this offer at any time. See important information below.

Apply now

  • A balance transfer is when you transfer debt from an existing credit card to a new credit card, usually at a new bank. The new bank may offer a lower interest rate for a limited time to help you pay back your debt.

    Cash back is when you receive credit back to your account. The offer is available for a promotional period and you need to meet eligibility criteria to earn the cash back (including a minimum monthly spend for the first three months). You still need to make the minimum payment for each statement during the offer period.

    If you’d like more information, you can read more about how cash back works.

Unlock offers for existing customers

If you’re already a NAB customer you could be eligible for additional credit card offers such as reduced annual card fees, bonus rewards points and more.

Here's how to get started:

  • Log into the NAB app or NAB Internet Banking.

  • For NAB app users go to New account, then 'Credit Cards'.

  • For Internet Banking users go to Products, then ‘Credit Cards’.

  • Browse available offers on eligible new NAB credit cards.

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Benefits of this low rate credit card

Save on interest

Enjoy our lowest everyday purchase rate.

Fraud protection

NAB Defence proactively detects fraudulent transactions, so you can enjoy 100% peace of mind with all purchases.

Add another cardholder

Add an additional cardholder at no extra cost.

24/7 emergency assistance

We're here for you 24/7 over the phone if your credit card is lost or stolen.

Visa Entertainment

Special offers on shows, events, experiences and movies from Visa Entertainment, opens in new window.

Digital wallet payments

Tap and pay with the smartphones and wearables you already own and use everyday.

Things to consider

We want to help you choose the right card, so here are a few things to consider about this card before you apply.

  1. Higher annual card fee than the NAB Low Fee Card.

  2. No complimentary insurances.

  3. You won’t earn rewards points.

Credit card tools and calculators

Need help finding the right card or want to see how much you could save with our credit cards? We have some handy tools to help.

Balance transfer calculator

See if you could save money by transferring your credit card balance.

Help me choose the right credit card

Choose the right credit card with our easy-to-use tool.

Compare credit cards

Use our comparison tool to compare our credit card fees and features.

Understanding credit cards

Here are some handy guides to help you better understand how credit cards work.

How do credit cards work?

A guide to help you decide if a credit card is right for you and how to apply for one if it is.

Common credit card fees and ways to avoid them

Understand the different types of fees and ways to avoid paying them.

How to avoid paying credit card interest

Learn how interest on your card works, and ways to avoid paying it.

Help and support

We're here to help. Use our guides and support services to better manage your money.

Other ways we can help

Use our help guides, FAQs and other support services to help you manage your banking more easily.

View our help and support hub

Other credit cards to consider

Still trying to decide on the right card for you? Here are a few more options to consider.

NAB StraightUp Card

Learn more about our no interest credit card.

NAB Low Fee Card

Enjoy our lowest annual card fee of only $30, so you can save your cash for the things you love.

NAB Low Fee Platinum Card

Enjoy a low annual fee card plus platinum services and complimentary insurances.

Get in touch

Visit a NAB branch

Visit your nearest NAB branch to speak to us in person.

Find a NAB branch

Terms and Conditions

Consider the NAB Internet Banking terms and conditions which apply when using NAB Internet Banking and the NAB app, before making any decisions regarding these services. The NAB app is compatible with Android™ and iOS, minimum platform requirements apply. Android is a trademark of Google LLC. IOS is a trademark or registered trademark of Cisco in the U.S. and other countries and is used under license. Services issued by NAB.

Fees and charges
Read our credit card terms and conditions. Fees and charges are payable. Approval and credit limit is subject to NAB's credit assessment criteria. Information, including interest rates and annual card fees subject to change. Correct as at 1 November 2023.

Credit cards issued by National Australia Bank Limited.

NAB Credit Card Terms and Conditions

NAB Electronic Banking (card based) terms and conditions

NAB Credit Card Cover Product disclosure statement and policy document (PDF, 471KB), opens in new window

Personal banking fees – A guide to fees and charges (PDF, 177KB), opens in new window

Indicator rates for other personal lending products
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Any advice on our website has been prepared without considering your objectives, financial situation or needs. Before acting on any advice, consider whether it is appropriate for your circumstances and view the Product Disclosure Statement or Terms and Conditions available online or by contacting us. Credit applications are subject to credit assessment criteria. Interest rates, fees and charges are subject to change. Target Market Determinations for our products are available at nab.com.au/TMD. Products issued by NAB unless stated otherwise.

© National Australia Bank Limited ABN 12 004 044 937 AFSL and Australian Credit Licence 230686