Annual fee

Most credit cards charge an annual fee and the fee will vary depending on the type of credit card you've got.

Typically however, the more features a card has - like rewards points and insurances - the higher the annual fee. So if you've got a premium card and don't use its features, it might be a good idea to switch to a lower-fee card instead. Compare our credit cards.

If you're a NAB shareholder or have a NAB Choice Package, you could be eligible for an annual card fee waiver. Contact us on 13 22 65 to find out more.

Cash advance fee and interest

Spotted a cash advance fee on your credit card statement and wondering what it is?

A cash advance fee is charged when you withdraw cash or transfer funds from your credit card.1 Gambling or gaming-related transactions and other cash like purchases, such as value loaded on a pre-paid card or payments of utility bills over the counter at other financial institutions and post offices, are also classified as cash advances.

A cash advance fee is a one-off fee charged at the time you make the transaction. It's calculated as a percentage of the cash advance (in Australian dollars) or the minimum fee - whichever is greater.

On top of the cash advance fee you'll also be charged interest on your cash advance from the day you make the cash advance until the day you pay it off. An interest-free period might apply to purchases made with your card but it won't apply to any cash advances you make.

For more information about cash advances visit the How to avoid credit card interest page.

Late payment fee

To avoid a late payment fee you need to make – at the very least – your minimum payment by your statement due date.

So you don't forget why not set up a regular payment or direct debit to help you avoid being charged a late payment fee. Just make sure you've got enough funds in your nominated account. Find out more about setting up regular payments and more by visiting the How to avoid credit card interest page.

Another way to avoid a late payment fee is to set up a credit card payment reminder alert. And we'll send you a reminder email or SMS up to seven days before your payment is due.

If you prefer to pay multiple times a month, you still need to ensure you make at least the minimum payment shown on your statement between when your statement is printed (statement cycle) and your due date.

International transaction fees

Trying to unpack your credit card statement after a trip abroad and wondering what an international transaction fee is?

An international transaction fee is a fee you'll be charged when you use your credit card overseas to make a purchase.

It's important to note, you don’t have to be overseas for an international transaction fee to apply. If you love online shopping, any purchase you make where the merchant, financial institution or entity processing the transaction is located outside Australia or in any international currency (like USD or GBP) will attract the fee.

Non-NAB ATM Withdrawal fees

This is technically not a 'credit card fee' as it will apply regardless of the NAB card you use. But you may have to pay one if you use an ATM other than a NAB ATM. ANZ, Commonwealth Bank, and Westpac ATMs can also be used free of charge.

Whoever owns the ATM (the bank or company) will directly charge you this fee. You’ll see the amount onscreen and have the option to cancel your selection rather than pay the fee and continue.

If you withdraw cash from your credit card, remember this will also incur a cash advance fee and interest on top of the non-NAB ATM withdrawal fee.

Download the NAB app2 for your smartphone and use it to locate NAB ATMs.

Important information

1 Cash advances - Other types of cash advances include bills paid with your credit card over the counter at another bank or at a post office, or purchases that work more or less like cash (like traveller’s cheques or gift cards).

2 NAB App - NAB recommends you consider the Internet Banking terms and conditions document before making any decisions regarding this product. This product is issued by National Australia Bank Limited. The NAB Mobile Banking app is compatible with Android OS 5.1 and above, and iOS 10.3 or later. Instant digital card is available for AndroidTM only. Only available for NAB personal Visa Debit and Credit Card. For payments of $100 or over, you need to set a PIN for your card. To do so, login to the NAB App and head to the My cards section > Change my PIN. The NAB Mobile Banking app is compatible with Android OS 5.1 and above, and iOS 10.3 or later. Selecting our optional Quick Balances feature will disable your SMS account balance notifications. Apple, iPhone, iPad, Touch ID and the Apple logo are trademarks of Apple Inc., registered in the U.S and other countries. App Store is a service mark of Apple Inc. Google and the Google Logo are registered trademarks of Google LLC. © 2012 Google LLC.

Credit cards issued by National Australia Bank Limited.

Explore other life moments

Simple tips on how you can avoid later payment fees

Simple tips on how you can avoid late payment fees

Our tips to help you keep your credit card in check and on track.
Man having coffee

Find out how to make an interest-free period count

Our tips on how to use your credit card's interest-free period.
Working out your income and expenses

​Budgeting 101: Working out your income and expenses

We'll help you do the numbers so you can budget your income.

Girl clicking pictures

Credit cards

Compare between our credit cards to find the right one for you.
Wireless transactions

Transaction accounts

Access your money with our everyday bank accounts with no monthly fees.
Man and woman laughing

NAB Low Rate Card

Our lowest interest rate on purchases with no frills

We're ready to help you

Talk to an expert
Call us