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12.99%
4.99% for 6 months
$59.00
55
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Can a credit card really be kind to cardholders? The NAB Low Rate credit card has generous low purchase and balance transfer rates, a friendly low annual fee and won't punish you (well, not too harshly) for the odd late bill.
Key features: The NAB low rate card has the lowest ongoing purchase rate of Big 4 Bank credit cards at 12.99%. And the 4.99% balance transfer offer for 6 months is generous, allowing you to clear any debt you transfer over from another credit card in a reasonable time limit. The regular purchase rate after the intro period is 13.24% which is standard for a low rate card. The late payment fee is just $5 - hard to believe when other cards will whack you with penalties of $35 and up - but with 55 days interest free, you'd never stray into late-payment territory, right? And the fee for running overlimit? Nada.
Who it's good for: If you're determined to clear a debt within a six-month deadline, or don't depend on plastic day by day and need a basic credit card that won't send you broke with fees and accumulating interest, then this could be the low-maintenance option for you.
Any catches? Don't confuse the low purchase rate with cash advances. The low rate only applies to goods and services bought on the credit card, not cash withdrawn from an ATM or point-of-sale retailer. Like most credit cards, the NAB Low Rate credit card has a high cash advance rate (21.74%) which will start accruing interest immediately if you withdraw cash using the card.
| Product Type | Overall | Price | Features | Service | Convenience | Trust |
|---|---|---|---|---|---|---|
| NAB credit cards |
6.7
Based on 525 NAB credit card reviews |
6.0 | 5.9 | 6.7 | 7.6 | 6.8 |
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Great rates and no fees or charges EVER
The low rate Visa card is great because of their low interest charges and the annual fee is also quite low. Nab doesn't charge any late payment fees or overlimit fees with this card either. Full review
The low rate Visa card is great because of their low interest charges and the annual fee is also quite low. Nab doesn't charge any late payment fees or overlimit fees with this card either.
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A breath of fresh air.
No late fees, 0% balance transfers, cheery and friendly customer service operators... what a refreshing change. No problems with this bank whatsoever. Full review
No late fees, 0% balance transfers, cheery and friendly customer service operators... what a refreshing change. No problems with this bank whatsoever.
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Low interest rates and excellent customer service
I super like my low rate card because the interest rates are really low and the pros are definitely their low interest and their super good customer service. The cons might be because the rate is low you may buy more than usual on that card Full review
I super like my low rate card because the interest rates are really low and the pros are definitely their low interest and their super good customer service. The cons might be because the rate is low you may buy more than usual on that card
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Give me frequent flyers over fly buys.
Service at NAB is SLOW SLow SLOW! Not enough tellers for starters. Nothing special about this credit card. It has fly buys attached, but nothing compared to frequent flyers. Full review
Service at NAB is SLOW SLow SLOW! Not enough tellers for starters. Nothing special about this credit card. It has fly buys attached, but nothing compared to frequent flyers.
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Good no frills product
Good, simple product. No frills, but it does what you require. NAB customer service is adequate, when I need them they are there but are probably not as proactive as they could be in service levels. Still quite happy with the product though. Full review
Good, simple product. No frills, but it does what you require. NAB customer service is adequate, when I need them they are there but are probably not as proactive as they could be in service levels. Still quite happy with the product though.
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Absolutely disgraceful customer service ...
I ordered a replacement card as mine was getting old but still working, and they lost it in the internal mail!! The goose in customer service said he would cancel the one THEY lost and reorder another one. Went to use my card that night (a Friday ... Full review
I ordered a replacement card as mine was getting old but still working, and they lost it in the internal mail!! The goose in customer service said he would cancel the one THEY lost and reorder another one. Went to use my card that night (a Friday night) and it declined - the fool had cancelled my current one!! All access to my savings and Visa gone until a new card is issued, and on a weekend! When I contacted them, their solution was that I go and withdraw at a branch, ON A SATURDAY!! The worst part is throughout the whole thing their attitude is "that's your problem", "you'll have to find a branch if you want money or wait until we send the send the next card" never accepted any blame and would not lift a finger to rectify it. Needless to say that I'm looking for another bank after ten years wasted with the NAB.
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Out of this world balance transfers rates-awesome
The card is low rate so less interest. The balance transfer was fantastic at 2.99% and the new balance transfer to another of their product at zero%. The card has a low fee which is an added bonus to top it off. Full review
The card is low rate so less interest. The balance transfer was fantastic at 2.99% and the new balance transfer to another of their product at zero%. The card has a low fee which is an added bonus to top it off.
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Awesome customer service, always happy to help.
The more you buy the more you save!! I love the low rate card. If you make a late payment there is only a $5.00 late fee applied up against at least $30.00 from other banks. Fantastic Interest Rate. Would recommend this card to anyone. Full review
The more you buy the more you save!! I love the low rate card. If you make a late payment there is only a $5.00 late fee applied up against at least $30.00 from other banks. Fantastic Interest Rate. Would recommend this card to anyone.
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Rate are good customer service is great
I like this product because I get great customer service when I have any complaints or unauthorised debits, they are straight onto the problem and fix it virtually there and then for me Full review
I like this product because I get great customer service when I have any complaints or unauthorised debits, they are straight onto the problem and fix it virtually there and then for me
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Good customer service and a nice card
Credit cards have disadvantages but I still wouldn't be without one as they do come in handy. The worst thing about them is the interest but if you handle them smartly it doesn't hurt too much. Security is essential and you need to be aware of gre... Full review
Credit cards have disadvantages but I still wouldn't be without one as they do come in handy. The worst thing about them is the interest but if you handle them smartly it doesn't hurt too much. Security is essential and you need to be aware of greedy people who prefer to steal than work. Overall I think credit cards are great and I have had mine since I was 18 and had no major problems.
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nice staff
I am not a fan of any bank. The staff at my local NAB are very good but I think rates could be lower as the financial climate is not good at the moment.. Maybe then they would get more customers and that would help profits. Full review
I am not a fan of any bank. The staff at my local NAB are very good but I think rates could be lower as the financial climate is not good at the moment.. Maybe then they would get more customers and that would help profits.
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It does the job- don't expect much more than that!
Although NAB can no longer charge fees for overdrawn or overdue credit cards (which is great!) they persist in sending letter after letter asking you to pay up on the overdrawn amount - if you could you would right! I find that condescending and a... Full review
Although NAB can no longer charge fees for overdrawn or overdue credit cards (which is great!) they persist in sending letter after letter asking you to pay up on the overdrawn amount - if you could you would right! I find that condescending and annoying. I have also found the customer service to be less than satisfying, especially when I had my accounts hacked and was told it was my fault!
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YesNational Australia Bank is one of the big four banks who provide a large variety of financial products to the Australian Community. In recent times NAB has set itself apart from the other big four banks; by expanding their ATM network, removing many fees and maintaining low standard variable home loan rates. NAB’s changes to its financial products have made their home loan, credit card, loans, savings accounts and personal loans more competitive within the banking industry.
Mozo People's Choice Awards. As voted by the Australian money public. Our Community of 23,000 reviewers gave this provider the thumbs up.
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