Credit cards typically charge interest, so it's a good idea to understand what it is and how it works so you help minimise the amount you'll need to pay. The amount is determined by how much you spend, how much you repay, and when you repay it. But if you’re smart, there are ways to reduce how much interest you’ll pay.
Credit cards issued by National Australia Bank Limited. © 2020 National Australia Bank Limited ABN 12 004 044 937 AFSL and Australian Credit Licence 230686
The information contained in this article is intended to be of a general nature only. It has been prepared without taking into account any person’s objectives, financial situation or needs. Before acting on this information, NAB recommends that you consider whether it is appropriate for your circumstances. NAB recommends that you seek independent legal, financial, and taxation advice before acting on any information in this article.