What does cashback mean?

Cashback is when you receive a credit back to your account. For example, when you make a purchase, you may get a fixed amount or a percentage of the amount you paid returned to your account. Cashback can be part of an offer, an ongoing product feature or a rewards points program and there will come with eligibility criteria that you have to meet. With NAB, there is cashback available on some of our credit cards and our NAB Platinum Visa Debit Card.

How does cashback work?

To receive cashback, you need to meet the eligibility criteria for the specific product or rewards points program you have or for the particular cashback offer. The eligibility criteria and how much money you’ll receive will depend on the product, rewards program or offer you sign up for.

The NAB Platinum Visa Debit Card cashback is an ongoing feature that’s part of the product itself. To earn the cashback, you make contactless purchases with your card each month and a percentage of those purchases will be returned to your account.

In comparison, both the NAB Low Fee Card and the NAB Low Rate Card have cashback offers. These cashback offers are available for a promotional period and you need to meet the eligibility criteria to earn the cashback (including a minimum monthly spend for the first three months).

You can also redeem NAB Rewards points for cashback. Our NAB Rewards credit cards earn points on eligible purchases and through the NAB Rewards store, you can redeem points and receive an amount that’s credited into your NAB transaction account or NAB Rewards card.

Choose one of our available cashback offers

Your choice of offers to suit your credit needs, select either of our cashback offers.

Offer
$200 cashback

Offer applies to a new NAB Low Fee Card.

  • $200 cashback when you spend $1,500 on purchases within 90 days from account opening.

Purchases must be processed and charged to your account in the 90 day period from account opening to count towards the spend criteria.
Minimum monthly repayments required. NAB may vary or end this offer at any time. See important information below.

Learn more about the NAB Low Fee Card.

Offer
$400 cashback

Offer applies to a new NAB Low Rate Card.

  • $400 cashback when you spend $5,000 on purchases within 150 days from account opening.

Purchases must be processed and charged to your account in the 150 day period from account opening to count towards the spend criteria.
This offer is only available online. Minimum monthly repayments required. NAB may vary or end this offer at any time. See important information below.

Learn more about the NAB Low Rate Card.

What is NAB Goodies?

NAB Goodies is our way of rewarding our customers through the NAB app for everyday transactions. If you have a NAB personal Visa debit, credit or NAB Now Pay Later digital card, you may be eligible to receive these exciting offers including cashback, discounts for leading Australian brands, and competitions.  

Learn more about NAB Goodies.

Other credit card offers

NAB Low Rate Card

Our low rate credit cards can give you the peace of mind that comes with a low interest rate.

NAB Rewards Platinum Credit Card

Redeem NAB Rewards Points for a wide range in our NAB Rewards Store. Plus, enjoy complimentary insurances and Personal Concierge.

NAB Goodies

NAB Goodies is our customer recognition offering, delighting customers with savings and rewards for banking with us.

Terms and Conditions

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.