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NAB credit cards

NAB
NAB's overall rating for credit cards

(as rated by the Mozo community)

6.7 / 10

based on 4245 reviews

As one of Australia’s big four banks, NAB offers customers all the security and convenience you could ask for when choosing the right credit card for your spending. Operating since 1982, NAB is the head of the National Australian Bank Group, and a household name in Australia.

Read on for all the facts figures and features of NAB credit cards, plus our handy comparison tables which will help you choose which NAB card is right for you.

Rates and fees verified as correct at 07 July, 2020. Other information correct at the time of writing.

What credit cards do NAB offer?

Low rate credit cards Low rate credit cards

Do you tend to carry a balance on your credit card? If you’re likely to forget a payment (or two) then a low rate credit card is a great way to keep interest costs down. There’s only one offering from NAB, but with a low rate and plenty of interest free days, how can you go wrong? A low rate card is also a great option if you’re looking to manage credit card debt with a balance transfer deal.

Product Purchase rate Balance transfer rate Annual fees Interest free days on purchases

0% p.a. for 6 months then 12.99% p.a.

0% p.a. for 6 months and then 21.74% p.a. (2.00% balance transfer fee)

$59

55


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Low fee credit cards Low fee credit cards

NAB have just one low fee offering, but if you’re someone who makes a habit of paying off your full credit card balance each and every month, it might be worth a look! It comes with reasonably high interest rate attached, so make sure you take full advantage of your interest free days if you opt for this low fee option.

Product Purchase rate Balance transfer rate Annual fees Interest free days on purchases

19.74% p.a.

0% p.a. for 6 months and then 21.74% p.a. (2.00% balance transfer fee)

$30

44

0% p.a. for 6 months then 12.99% p.a.

0% p.a. for 6 months and then 21.74% p.a. (2.00% balance transfer fee)

$59

55


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Rewards credit cards Rewards credit cards

If you’re a frequent flyer or you like to shop up a storm, check out the great classic or platinum rewards card offerings from NAB. Like most rewards cards, these ones come with sizeable annual fees and interest rates, so if you opt for one, make it worth it by cashing in on all the great rewards and extra features.

Product Points per dollar Purchase rate Balance transfer rate Annual fees

0.66 points per dollar on Visa, up to $3,000 per month, then
0.33 points per dollar on Visa, up to $6,000 per month

19.99% p.a.

0% p.a. for 6 months and then 21.74% p.a. (2.00% balance transfer fee)

$250

1 point per dollar on Visa, up to $5,000 per month, then
0.5 points per dollar on Visa, up to $20,000 per month

19.99% p.a.

0% p.a. for 6 months and then 21.74% p.a. (2.00% balance transfer fee)

$395 $295 in the first year

1 point per dollar on Visa, uncapped

19.99% p.a.

0% p.a. for 6 months and then 21.74% p.a. (2.00% balance transfer fee)

$195

1.25 points per dollar on Visa, uncapped

19.99% p.a.

0% p.a. for 6 months and then 21.74% p.a. (2.00% balance transfer fee)

$295


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Prestige cards Prestige cards

Looking for a premium credit card but not interested in rewards points? Aside from the platinum rewards cards on offer from NAB, there’s also a straight out platinum offering. All the perks of a premium card, but this one has no real rewards points power.

Product Points per dollar Purchase rate Balance transfer rate Annual fees

19.74% p.a.

0% p.a. for 6 months and then 21.74% p.a. (2.00% balance transfer fee)

$90

0.66 points per dollar on Visa, up to $3,000 per month, then
0.33 points per dollar on Visa, up to $6,000 per month

19.99% p.a.

0% p.a. for 6 months and then 21.74% p.a. (2.00% balance transfer fee)

$250

1 point per dollar on Visa, up to $5,000 per month, then
0.5 points per dollar on Visa, up to $20,000 per month

19.99% p.a.

0% p.a. for 6 months and then 21.74% p.a. (2.00% balance transfer fee)

$395 $295 in the first year

1 point per dollar on Visa, uncapped

19.99% p.a.

0% p.a. for 6 months and then 21.74% p.a. (2.00% balance transfer fee)

$195

1.25 points per dollar on Visa, uncapped

19.99% p.a.

0% p.a. for 6 months and then 21.74% p.a. (2.00% balance transfer fee)

$295


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Frequent flyer credit cards Frequent flyer credit cards

Love to fly Qantas? Check out NAB's range of frequent flyer credit cards to start getting your rewards point stash up to scratch. All your rewards earnings will be automatically credited to the Qantas Frequent Flyer program.

Product Points per dollar Purchase rate Balance transfer rate Annual fees

0.66 points per dollar on Visa, up to $3,000 per month, then
0.33 points per dollar on Visa, up to $6,000 per month

19.99% p.a.

0% p.a. for 6 months and then 21.74% p.a. (2.00% balance transfer fee)

$250

1 point per dollar on Visa, up to $5,000 per month, then
0.5 points per dollar on Visa, up to $20,000 per month

19.99% p.a.

0% p.a. for 6 months and then 21.74% p.a. (2.00% balance transfer fee)

$395 $295 in the first year


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**Saving based on the average difference in fees and charges over 3 years between the most competitive product Mozo can refer a consumer to and the average credit card product input by 6,863 consumers (average balance of $4,262 or balance transfer balance of $5,818, interest rate of 19.6% and annual fee of $36.50) who used the Mozo Credit Card Health Check tool between 1 January 2012 to July 2012.

Frequently Asked Questions about NAB credit cards

How many interest free days will I get with a NAB credit card?

Making the most of your interest free days is one of the best ways to minimise debt and keep your credit card balance under control. Most NAB cards offer 44 interest free days, but remember that this period starts at the beginning of your statement cycle - not when you make the purchase - so depending on when you hit the shops, you may have less than 44 days to pay the balance off.

What fees might I be charged?

To have a NAB credit card in your wallet, you’ll pay an annual fee, which is different for each different type of card. Other fees that could apply include all the regulars - like late payment, cash advance or international transactions fees. Some of them, like late payment fees, are set dollar amounts, while others, including international transaction fees, will be calculated as a percentage of the transaction amount.

What is the minimum monthly payment I must make on a NAB credit card?

This one gets a bit tricky, because there are two payments you might see on your NAB credit card statement. The first is the monthly payment. To work out what your monthly payment might be, check out our table below:

Closing balanceMonthly payment
Less than $25The whole balance
$25 - $1,250$25
More than $1,2502% of your closing balance

After that, comes your total minimum payment, which is the amount you need to pay off that month. Sometimes this is the same as your monthly payment, but if you went over your credit limit last month or you have payments overdue on your account then it will be different.

In this case, the higher amount will be added to your monthly payment to get your total minimum payment. 

Confused? Here’s an example: If your closing balance was $300, your monthly payment would be $25. But, say you didn’t pay off your total minimum balance last month, and still owe $40, plus, this month, you bought a new laptop, which pushed you $30 over your credit card limit. The higher amount - $40 - will be added to your $25 monthly payment to get your total minimum payment for this month - $65. This can build up quickly, until you find yourself with big repayments to make and even bigger debt behind them. For more info on keeping your repayments under control, check out our guide on managing your credit card balance.

Can I use paypass or paywave with my NAB credit card?

Depending on what NAB credit card you opt for, you’ll be using either the VISA, MasterCard or AMEX system, all of which offer contactless payment options.

Can I use my NAB credit card while I’m travelling overseas?

Absolutely! As mentioned above, there are fees for foreign transactions, but Visa and Mastercard are both widely accepted around the world, so your NAB credit card is too. Premium cards even offer complimentary travel insurance, so if you don’t want the comprehensive cover of a standalone travel insurance policy, it might be very handy to have your credit card with you.
But keep in mind that you might end up hit with ATM fees, cash withdrawal fees and changing exchange rates. If you don’t want that hassle, check out a prepaid travel card for your next trip.

What kind of insurance options does my NAB credit card offer?

NAB platinum credit cards offer seven different complimentary insurance covers, including:

• Purchase protection insurance

• Extended warranty insurance

• Price protection insurance

• Overseas travel insurance

• Interstate flight inconvenience insurance

• Transport accident insurance

• Domestic hotel burglary insurance

What rewards options do I have with my NAB rewards credit card?

If you’ve got a NAB rewards card, you can choose between NAB's own rewards program, or a Qantas Frequent Flyer option, which allows you to funnel your rewards points straight into the Qantas Frequent Flyer Program. You can then redeem them in the Qantas store for a bunch of retail products, or use them on travel arrangements, like flights, accommodation or rental cars.

Read our guide on calculating rewards points to make sure you’re getting the most out of your rewards credit card.

What happens if I am the victim of credit card fraud?

Credit card fraud is something you should definitely be aware of when using a credit card. For your peace of mind, NAB monitors card activity 24/7, so if an unusual transaction is made on your account, they can block the card, just in case. 

On the flip side, this means that if you’re travelling and plan to use your credit card, you should let the bank know before you go, so they don’t mistakenly lock you out of your account while overseas. NAB also offers a 100% money back guarantee in the case of credit card fraud.

How are NAB credit cards rated?

Mozo users have rated NAB credit cards on price, features, convenience, trust and customer service so you can see what real Aussies have to say about their experiences.

NAB credit cards

Overall 6.7

Price

Features

Customer service

Convenience

Trust

4245 Reviews

Recent NAB credit card reviews Recent NAB credit card reviews

NAB

NAB Low Rate Card review

Overall rating   10 / 10

Excellent.

I like using NAB because they credit your money forward early and their arm's are easy to use.

Full review

I like using NAB because they credit your money forward early and their arm's are easy to use.

    Price   10 / 10

    Features   10 / 10

    Customer service   10 / 10

    Convenience   10 / 10

    Trust   10 / 10

Less

Gregory, New South Wales, reviewed 8 days ago

NAB

NAB Low Fee Platinum Card review

Overall rating   7 / 10

Great customer service - financial hardship.

PROs: * Secured a good interest rate. * Good customer service in relation to hardship. ** I was made redundant & contacted NAB and they worked with me. *** deferred payments on outstanding balance. *** froze interest...

Full review

PROs: * Secured a good interest rate. * Good customer service in relation to hardship. ** I was made redundant & contacted NAB and they worked with me. *** deferred payments on outstanding balance. *** froze interest accrual whilst unemployed. CONs: * Interest Rate.... But who doesn't want to pay less interest? CONCLUSION: * Contacting them as soon as I became unemployed, customer service were very understanding and I wasn't made to feel embarrassed by my change in circumstances. * I was unemployed for 8 months and they extended the original 6 month account freeze for a further 3 months (and said they could offer longer if my circumstances did not change by then).

    Price   6 / 10

    Features   8 / 10

    Customer service   9 / 10

    Convenience   9 / 10

    Trust   7 / 10

Less

Anne marie, Victoria, reviewed 8 days ago

NAB

NAB Qantas Rewards Signature Card review

Overall rating   8 / 10

An expensive credit card packed with features

The Qantas Rewards Signature Credit card is packed with benefits and features providing a comprehensive overall product. The limits and insurance are standard and not standout but the inclusive price protection is a bonus feature which many...

Full review

The Qantas Rewards Signature Credit card is packed with benefits and features providing a comprehensive overall product. The limits and insurance are standard and not standout but the inclusive price protection is a bonus feature which many credit cards no longer offer, however the criteria to qualify for this are quite strict. The annual price for this card is high but if qualifying for bonus points and insurance then it can be offset. Staff have been helpful when answering questions about the product and setting up shared access between additional card holders.

    Price   5 / 10

    Features   7 / 10

    Customer service   9 / 10

    Convenience   9 / 10

    Trust   7 / 10

Less

Henry, Victoria, reviewed 11 days ago

NAB

NAB Qantas Rewards Premium Card review

Overall rating   10 / 10

NAB - The best bank in Australia.

I have been with NAB for over 30 years and never experienced any problems. I have never paid any fees, only minimum interest while we had the mortgage. I wish every bank was like NAB.

Full review

I have been with NAB for over 30 years and never experienced any problems. I have never paid any fees, only minimum interest while we had the mortgage. I wish every bank was like NAB.

    Price   10 / 10

    Features   10 / 10

    Customer service   10 / 10

    Convenience   10 / 10

    Trust   10 / 10

Less

Tony, New South Wales, reviewed 11 days ago

NAB

NAB Qantas Rewards Premium Card review

Overall rating   8 / 10

Can do better.

Been with NAB and Qantas a long time so have stayed with them but need to push for better deals regularly.

Full review

Been with NAB and Qantas a long time so have stayed with them but need to push for better deals regularly.

    Price   6 / 10

    Features   7 / 10

    Customer service   9 / 10

    Convenience   8 / 10

    Trust   10 / 10

Less

Murray, Western Australia, reviewed 12 days ago

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What do you need to apply for a NAB credit card? What do you need to apply for a NAB credit card?

When you’re ready to go ahead and apply for a NAB credit card, you can do so over the phone, in a branch or quickly and easily online. You’ll have to be over 18 and an Australian resident, as with any credit card application, and provide details about yourself and your finances including: 

For more, check out our guide on applying for a credit card.

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