Earn bonus Velocity Points through automatic redemption - NAB
Offer
Redeem up to 80,000 bonus Velocity Points through automatic redemption
Offer commenced on 1 October 2026 and ends upon withdrawal (Offer Period). Eligibility criteria and terms and conditions apply. Offer available to new NAB Rewards cardholders only.
How to earn Velocity Points
To get your NAB Rewards Points automatically redeemed for Velocity Points, simply provide your Velocity Frequent Flyer membership number to NAB to link your accounts. Each month the NAB Rewards Points you’ve earned will be transferred to Velocity Points. Velocity Points converted from bonus NAB Rewards Points will be credited within three months of meeting your spend criteria.
3 NAB Rewards Points are worth 1 Velocity Point.
Offer eligibility criteria
To be eligible for the offer you must:
Approved applicants will receive an email from NAB on how to provide their membership number.
How to earn NAB Rewards Points
There's no limit to the amount of NAB Rewards points you can earn each month.
Earn 1.25 NAB Rewards Points
Applies to every $1 spend on eligible purchases up to $5,000 Rewards Statement Period (calendar month), then 0.5 NAB Rewards Points for every $1 spend, uncapped.
Earn 0.75 bonus NAB Rewards Points
Applies to every $1 spend on eligible purchases for Groceries, Petrol, Public Transport and Travel (uncapped).
Features and benefits
Take advantage of the NAB Rewards card to enjoy a range of benefits.
Visa Premium Access
Discover hundreds of deals, discounts and privileges with Visa Premium Access.
Add another cardholder
Add an additional cardholder at no extra cost.
Shop the NAB Rewards Store
Redeem your points for a wide range of electronics, homewares, jewellery and more in the NAB Rewards Store.
Concierge service
Assistance 24 hours a day, 7 days a week for travel and lifestyle services with NAB Service.
Rates and fees
Learn more about our standard credit card interest rates, annual card fees and credit limits that apply to this card.
| Variable purchase rate | 22.49% p.a. |
|---|---|
| Standard balance transfer (BT) rate for 12 months 3% BT fee applies. Unpaid BT reverts to variable cash advance rate We can’t process balance transfers from certain issuers – see our indicative list. | 0% p.a. |
| Interest free days on purchases | Up to 44 |
| Annual card fee | $195 p.a. |
| Minimum credit limit | $3,000 |
| 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. | 22.99% p.a. |
Applying is easy
Terms and Conditions
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Interest, fees, charges and earn rates are subject to change.
Credit Card Terms and conditions and Target Market Determination available here. 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 today and subject to change. Credit cards issued by National Australia Bank Limited.