NAB credit cards

3.4
Based on 4,351 NAB credit card product reviews.
Fact Checked
Last updated

About NAB credit cards

NAB is one of Australia’s Big Four banks, and along with bank accounts, home loans and insurance products, it also offers a range of credit cards. There are low rate and low fee card options for those who want to prioritise affordability or paying off an older debt, but there are also rewards cards which can earn you NAB Rewards Points or Qantas Points.

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Editor’s pick: NAB Low Rate Card (Balance Transfer)

Low Rate Card - Balance Transfer Offer

Purchase rate
13.49 % p.a.
Balance transfer rate
0.00 % p.a.
For 24 months and then 21.74% p.a. 3.00% balance transfer fee)
Annual fee
$59
Rewards program
-
Go to site
  • Low interest rate for new purchases

  • Long 0% balance transfer period of 24 months

  • Up to 55 interest free days on purchases

  • Unpaid balance transfers pay 21.74% p.a.

  • 3% balance transfer fee

  • International transaction fee of 3.50%

Our verdict

NAB’s Low Rate Card is frequently picked as one of the best credit cards in our database, and that’s largely thanks to its 0% balance transfer period of 24 months – one of the longest available.

A balance transfer is when you move your credit card debt from one card to another, and you often get access to a low or 0% interest rate on the transferred amount for a limited time.

Getting 24 months to pay off your existing debt is excellent, though keep in mind if you can’t pay off your balance transfer within this timeframe, it will attract a high interest rate of 21.74% p.a. 

New purchases made with the card get a lower variable interest rate of 13.49% p.a., and you can benefit from up to 55 interest free days to help manage your repayments. Note that to access interest free days, you need to meet the interest free days payment.

NAB’s Low Rate Card costs $59 a year, and unfortunately a balance transfer fee of 3% applies if you’re moving over an existing debt.

Overall, we think the Low Rate Card is a top choice for anyone looking to pay off their credit card debt with a lengthy 0% balance transfer period – just beware of the steep jump in interest rate after this time ends.

Where do I get it? Learn more about NAB’s Low Rate Card.
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Last updated 11 December 2024 Important disclosures

NAB credit cards

  • Low Fee Card

    Purchase rate
    20.99 % p.a.
    Balance transfer rate
    0.00 % p.a.
    For 12 months and then 21.74% p.a. 3.00% balance transfer fee)
    Annual fee
    $30
    Rewards program
    -
    No Partner link

  • Low Rate Card - Balance Transfer Offer

    Purchase rate
    13.49 % p.a.
    Balance transfer rate
    0.00 % p.a.
    For 24 months and then 21.74% p.a. 3.00% balance transfer fee)
    Annual fee
    $59
    Rewards program
    -
    Go to site

    Spend with confidence with a low variable purchase rate and 0% p.a. interest on balance transfers for the first 24 months. Unpaid balance transfer reverts to variable cash advance rate. 3% balance transfer fee applies. There’s also up to 55 interest free days on purchases to help you manage your budget when you pay your account in full by the due date. Minimum credit limit $1,000. Low annual fee. T&Cs, fees, charges and eligibility criteria apply.

  • Qantas Rewards Premium Card

    Purchase rate
    20.99 % p.a.
    Balance transfer rate
    0.00 % p.a.
    For 12 months and then 21.74% p.a. 3.00% balance transfer fee)
    Annual fee
    $295
    $195 in the first year
    Rewards program
    Qantas Frequent Flyer
    No Partner link

  • Rewards Platinum Card

    Purchase rate
    20.99 % p.a.
    Balance transfer rate
    0.00 % p.a.
    For 12 months and then 21.74% p.a. 3.00% balance transfer fee)
    Annual fee
    $195
    $45 in the first year
    Rewards program
    NAB Rewards
    No Partner link

  • Qantas Rewards Signature Card

    Purchase rate
    20.99 % p.a.
    Balance transfer rate
    0.00 % p.a.
    For 12 months and then 21.74% p.a. 3.00% balance transfer fee)
    Annual fee
    $420
    $320 in the first year
    Rewards program
    Qantas Frequent Flyer
    No Partner link

  • Rewards Signature Card

    Purchase rate
    20.99 % p.a.
    Balance transfer rate
    0.00 % p.a.
    For 12 months and then 21.74% p.a. 3.00% balance transfer fee)
    Annual fee
    $295
    $145 in the first year
    Rewards program
    NAB Rewards
    No Partner link

  • StraightUp Card

    • $30/month - $3
    • 000 Credit Limit
    Purchase rate
    0.00 % p.a.
    Balance transfer rate
    No current offer
    Annual fee
    $360
    $30/month - waived if no spend & no balance owing
    Rewards program
    -
    No Partner link

  • StraightUp Card

    • $20/month - $2
    • 000 Credit Limit
    Purchase rate
    0.00 % p.a.
    Balance transfer rate
    No current offer
    Annual fee
    $240
    $20/month - waived if no spend & no balance owing
    Rewards program
    -
    No Partner link

  • StraightUp Card

    • $10/month - $1
    • 000 Credit Limit
    Purchase rate
    0.00 % p.a.
    Balance transfer rate
    No current offer
    Annual fee
    $120
    $10/month - waived if no spend & no balance owing
    Rewards program
    -
    No Partner link

  • Low Rate Card - Cash Back Offer

    Purchase rate
    13.49 % p.a.
    Balance transfer rate
    0.00 % p.a.
    For 12 months and then 21.74% p.a. 3.00% balance transfer fee)
    Annual fee
    $59
    Rewards program
    -
    No Partner link

  • Rewards Platinum Card with Velocity

    Purchase rate
    20.99 % p.a.
    Balance transfer rate
    0.00 % p.a.
    For 12 months and then 21.74% p.a. 3.00% balance transfer fee)
    Annual fee
    $195
    $95 in the first year
    Rewards program
    Velocity Points
    No Partner link

Get the latest news and product updates.

NAB credit card ratings

Overall customer rating for NAB credit cards

3.4
Based on 4,351 product reviews.

Customer reviews

Important disclosures

NAB products

NAB credit cards: FAQs

How do I pay a NAB credit card?

There are a number of ways to pay your NAB credit card, including:

  • Using the NAB app
  • Logging into NAB internet banking
  • Over the phone by calling 13 22 65
  • Setting up direct debit
  • Visiting a NAB branch
  • Making a payment at Australia Post
How long does it take to get a NAB credit card?

NAB says that if you apply for a credit card online, you can get a response in 60 seconds. If you get approved, NAB says you will receive your physical card within five working days.

If you only receive conditional approval, you may be asked to supply additional documents such as bank statements and payslips, which will make the process longer.

What is the minimum credit limit for NAB?

The minimum credit limit for a NAB credit card is dependent on which card you have. Here’s a look at the minimum credit limit for each card type:

  • Signature cards – $15,000
  • Platinum / Premium cards – $6,000
  • Other cards – $1,000
How much are NAB points worth?

NAB offers a small number of rewards credit cards which can earn you NAB Rewards points. You can redeem these points on the NAB Rewards Store, or transfer the points to another eligible rewards program, such as Flybuys or Velocity Frequent Flyer.

The value of a NAB Rewards point varies depending on what you redeem it on. According to NAB, 3,000 NAB Rewards points equate to 3,000 Flybuys Points, while 3,000 NAB Rewards points are worth 1,500 Velocity Points.

The value of points vary when redeeming points on the NAB Rewards Store.

How do I close a NAB credit card?

There are a few ways you can close your NAB credit card, including:

  • Visiting a NAB branch
  • Using the NAB app
  • Logging into NAB internet banking
  • Over the phone by calling 13 22 65

In order to close your NAB credit card, you’ll first receive a payout figure which includes any outstanding balance you have, any pending transactions and any disputed transactions. It will also include any interest, fees and charges you owe.

The payout figure is only valid for the day you receive it, and it must be paid in order to close the credit card.

Credit card quick links


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