Standard rates & fees

  • 12.99 %p.a.

    Standard purchase rate

  • 0.00 %p.a.

    for 20 months promotional balance transfer rate. 2% balance transfer fee applies.*

  • 21.74 %p.a.

    Cash advance rate

  • $59

    Annual card fee

  • Up to 55

    Interest free days on purchases1

  • $1000

    Minimum credit limit

Find out more about rates and fees.

Special offer


  • Enjoy 0% p.a. on balance transfers for 20 months with 2% balance transfer fee 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


fraud protection

Fraud protection

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

add another card

Add another card?

Add an additional cardholder at no extra cost.3

emergency assistance

Emergency assistance

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

save on interest

Save on interest

Enjoy our lowest everyday purchase rate.

visa entertainment

Visa Entertainment

Special offers on shows, events, experiences and movies from Visa Entertainment.

Discover more credit card benefits and what they can do for you.

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.

Find out more about how credit cards work

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, or if you have an outstanding balance transfer the interest free days payment, in full each month, you don’t get your interest-free period.

Find out how to make an interest-free period count

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.

For example if the interest rate is 18% per annum, and you have $100 outstanding on your balance, you will be charged 18% per annum of $100, or approximately $1.50 per month.

Learn how to avoid paying credit card interest

Not the right card for you?

NAB Low Fee Platinum Card

Enjoy our lowest interest rate on purchases, with the added benefits of complimentary insurances

NAB Low Fee Card

Our lowest annual fee card with no frills

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