NAB Low Fee Card

NAB

19.74%

4.99% for 6 months

$30 $0 in the first 1 year

NAB Low Fee Card Review

Review updated: 20 April 2015

Review published: 19 April 2013

What's hot:

  • No annual fee for the first year ($30 every year after)

  • 4.99% p.a. on balance transfer for 6 months

What's not:

  • High 21.74% cash advance rate

Mozo snapshot:

NAB's Low Fee Card is great for everyday use. No frills, low fees and top security combine to create a safe, accessible and easy to use card. The card has no annual fee for the first year and then is just a low $30 every year after. Plus you'll be free of interest for the first year with 0% p.a on purchases and if you are looking to move debt across you'll enjoy a low 4.99% p.a. on balance transfers for 6 months.

Key features:

Low Fee Card customers can choose either a MasterCard or Visa card. Both choices enable contactless purchasing, emergency travel assistance, and secure online shopping. Visa customers also have access to the exclusive Visa Entertainment program, while MasterCard customers can reap the rewards of the MasterCard Privileges or Priceless Sydney offers.

No annual fee for the first year and a super-low annual fee of $30 is a big plus. And if you pay off your balance within the 44 interest free days, you'll escape the 19.74% purchase rate. But steer clear of cash advances with this card - the rate is a steep 21.74%. And if you're taking the Low Fee Card travelling, the news is good - the foreign exchange margins sits at 3.00%.

If you have existing debt on another card, the NAB Low Fee Card offers a 4.99% p.a. on balance transfer for 6 months. And unlike a lot of other cards, after the balance transfer period is up, the rate reverts to the purchase rate, as opposed to the high cash advance rate.


Who it's good for:

The NAB Low Fee Card is perfect for anyone who usually pays off their full balance each month, and is looking for a simple, easy and fuss-free card.

Any catches?

Getting a duplicate statement will cost you $7 - don't make it a regular thing!

How are NAB credit cards rated by the Mozo community?

Product Type Overall Rating Price Features Service Convenience Trust
7.2

Based on 737
NAB credit cards reviews

6.2 6.4 7.2 7.6 7.3

Read NAB credit card reviews by the Mozo community

Latest reviews of NAB Low Fee Card

NAB

NAB Low Fee Card credit card review

Overall rating   9 / 10

Best Internet banking of all lenders

NAB is a great. I bank with a few lenders and by far NAB is the easiest to deal with and to do online banking with.
Full review

NAB is a great. I bank with a few lenders and by far NAB is the easiest to deal with and to do online banking with.

    Price   8 / 10

    Features   8 / 10

    Customer service   10 / 10

    Convenience   10 / 10

    Trust   10 / 10

Less

Tania (NSW), reviewed 13 days ago

Was this review helpful? Yes

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NAB

NAB Low Fee Card credit card review

Overall rating   8 / 10

Great customer service

Have always looked after me, there is a NAB bank in my suburb, so very convenient if I want to go in. Phone service excellent, on-line excellent, can do all my transactions easily, and easy to navigate.
Full review

Have always looked after me, there is a NAB bank in my suburb, so very convenient if I want to go in. Phone service excellent, on-line excellent, can do all my transactions easily, and easy to navigate.

    Price   10 / 10

    Features   2 / 10

    Customer service   10 / 10

    Convenience   10 / 10

    Trust   10 / 10

Less

Elaine (VIC), reviewed 26 days ago

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NAB

NAB Low Fee Card credit card review

Overall rating   7 / 10

Flexible, professional service.

Were very flexible when my husband got ill. Lowered interest rate temporarily to help us out. Very easy to deal with on the phone.
Full review

Were very flexible when my husband got ill. Lowered interest rate temporarily to help us out. Very easy to deal with on the phone.

    Price   8 / 10

    Features   6 / 10

    Customer service   8 / 10

    Convenience   7 / 10

    Trust   7 / 10

Less

Christine (VIC), reviewed 27 days ago

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NAB

NAB Low Fee Card credit card review

Overall rating   10 / 10

Reliable and efficient range of banking services

Recommended this product to family and friends who called nab and took up the offer. All are very satisfied.
Full review

Recommended this product to family and friends who called nab and took up the offer. All are very satisfied.

    Price   10 / 10

    Features   10 / 10

    Customer service   10 / 10

    Convenience   10 / 10

    Trust   10 / 10

Less

Gabriella (VIC), reviewed about 1 month ago

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NAB

NAB Low Fee Card credit card review

Overall rating   9 / 10

Low annual fee, great card for that rainy day

Great credit card for little annual fee.
Full review

Great credit card for little annual fee.

    Price   10 / 10

    Features   8 / 10

    Customer service   8 / 10

    Convenience   8 / 10

    Trust   8 / 10

Less

Leah (NSW), reviewed about 1 month ago

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Rates

  • 19.74%

  • none

  • 4.99% for 6 months

  • no

  • 21.74%

  • 44

Fees

  • $30.00

  • $0 in the first 1 year

  • none

  • none

  • $5.00

  • 1.75%, Min $1.75

  • 3.00%

  • $7.00

  • $5.00

  • $0.00

Other financial bits

  • $25.00

  • 2.0

Features

  • 1

  • none

  • Purchase Protection

About NAB

National 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.

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