Check your credit card statement
To avoid a late payment fee you need to pay your ‘Total minimum monthly payment’ by the statement ‘Due date’. Just remember, making the minimum payment by the due date is not enough to avoid paying interest.
You can find your ‘Total minimum monthly payment’ and ’Due date’ information within the Payment details section on your statement.
Online credit card statements
Waiting for your statement to arrive in the mail only reduces the amount of time to pay. Register to receive statements online through internet banking. We’ll send you a reminder when they’re ready to view. You can then access your statements anytime and from anywhere you have internet access.
Learn more about understanding your credit card statement
Pay during your statement payment 'window'
Below is an example setting out a typical 30-day statement period, the payment due date and an explanation of how interest-free periods work. Our credit cards allow you either 14 or 25 days from when the statement period ends to make a payment by the payment due date. In the example below we’ve used a 14 day period. This example has the payment 'window' starting on the 4th of August and ending on the 17th of August.
This 14 (or 25) day period is your payment 'window'. To avoid a late payment fee you must pay at least the minimum monthly payment on your statement, during this period.
Keep in mind that BPAY payments, cheque payments and transfers from non-NAB accounts can take several days to receive and process and your payment must be received by the payment due date.
You can make payments before your statement period ends to help reduce your credit card balance and stay under your credit card limit. But, you’ll still need to make the minimum monthly payment shown on your statement to avoid a late payment fee.