NAB credit cards

NAB
NAB's overall rating for credit cards

(as rated by the Mozo community)

6.7 / 10

based on 4136 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 16 November, 2018. 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  

0% p.a. for 6 months then 13.99% p.a.

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

$59

55

Go to site

0% p.a. for 9 months then 13.99% p.a.

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

$100

55

Go to site

Hide

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  

19.74% p.a.

0% p.a. for 18 months and then 21.74% p.a. (2.00% balance transfer fee)

$30

44

Go to site

0% p.a. for 6 months then 13.99% p.a.

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

$59

55

Go to site

Hide

Rewards credit cards Rewards credit cards

If you’re a frequent flyer or you like to shop up a storm, check out the great rewards card offerings from NAB. You can choose between a Flybuys, Qantas or Velocity card and for the latter two, choose either the classic or platinum version. 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  

0.5 points per dollar on Visa, up to $3,000 per month

19.99% p.a.

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

$95

Go to site

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

Go to site

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

Go to site

0.75 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)

$95

Go to site

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

Go to site

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

Go to site

Hide

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 24 months and then 21.74% p.a. (2.00% balance transfer fee)

$90

0% p.a. for 9 months then 13.99% p.a.

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

$100

Go to site

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

Go to site

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

Go to site

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

Go to site

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

Go to site

Hide

Frequent flyer credit cards Frequent flyer credit cards

You’re spoilt for choice with frequent flyer options from NAB - whether you’re a dedicated Qantas customer or you prefer Velocity, there’s a credit card option for you. All your rewards earnings will be automatically credited to the program you choose.

Product Points per dollar Purchase rate Balance transfer rate Annual fees  

0.5 points per dollar on Visa, up to $3,000 per month

19.99% p.a.

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

$95

Go to site

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

Go to site

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

Go to site

Hide

**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 have three rewards program options, each one with a monthly cap but no expiry date on points. Here’s a breakdown of how each one works:

Flybuys

You can earn Flybuys points on your NAB credit card by shopping at a number of retailers, including Coles, Myer and Target and there’s no fee to join up to the program. These points can be redeemed for cash, travel and gift cards.

Qantas

Frequent flyer? With a NAB Qantas rewards card, you can 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.

Velocity

If you’d rather opt for Virgin airlines, then a NAB Velocity credit card might be for you. All your rewards points are automatically credited to your Velocity account and you can redeem them for flights, accommodation or products from the Velocity store.

Rewards programCard typeNumber of points per $1 spent
QantasMasterCard0.5
AMEX1
VelocityMasterCard0.5
AMEX1
FlybuysVISA1

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

4121 Reviews

Recent NAB credit card reviews Recent NAB credit card reviews

NAB

NAB Low Fee Platinum Card credit card review

Overall rating   7 / 10

Decent

We've been with NAB for 56 years. They are very convenient to use.

Full review

We've been with NAB for 56 years. They are very convenient to use.

    Customer service   7 / 10

    Convenience   7 / 10

    Trust   7 / 10

Less

Bob, Queensland, reviewed 3 days ago

NAB

NAB Low Rate Platinum Card credit card review

Overall rating   8 / 10

Overall good

Good service.

Full review

Good service.

    Price   8 / 10

    Features   9 / 10

    Customer service   9 / 10

    Convenience   9 / 10

    Trust   10 / 10

Less

Carmel, Western Australia, reviewed 8 days ago

NAB

NAB Low Fee Card credit card review

Overall rating   8 / 10

Good

Reliable and aware of discrepancies.

Full review

Reliable and aware of discrepancies.

    Price   3 / 10

    Features   1 / 10

    Customer service   5 / 10

    Convenience   5 / 10

    Trust   8 / 10

Less

Liz, Victoria, reviewed 9 days ago

NAB

NAB Rewards Platinum Card credit card review

Overall rating   8 / 10

The service from my bank is very good

One problem I have is that there are only a few branches around the country side.

Full review

One problem I have is that there are only a few branches around the country side.

    Price   0 / 10

    Features   7 / 10

    Customer service   8 / 10

    Convenience   7 / 10

    Trust   7 / 10

Less

Colin, Western Australia, reviewed about 1 month ago

NAB

NAB Rewards Platinum Card credit card review

Overall rating   7 / 10

Good rewards

Easy access to branches.

Full review

Easy access to branches.

    Price   5 / 10

    Features   7 / 10

    Customer service   8 / 10

    Convenience   8 / 10

    Trust   6 / 10

Less

George, Queensland, reviewed about 1 month 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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