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NAB Low Fee Platinum Card

Advertiser disclosure
Purchase rate
19.74% p.a.
Balance transfer rate
0% p.a. for 6 months and then 21.74% p.a. (2.00% balance transfer fee)
Annual fees
$90
Interest free days on purchases
44
Go to site

Mozo editorial review NAB Low Fee Platinum Card

Last updated: 25 February 2019.

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What's hot
  • 0% p.a on balance transfers for 6 months (2% BT fee)
  • Travel accident insurance
What's not
  • High 19.74% purchase rate
  • 2% balance transfer fee
Mozo snapshot

NAB's Low Fee Platinum Card comes with a competitive 0% rate on balance transfers for 6 months (with a one off 2% balance transfer fee). You'll also get the handy benefit of platinum credit cards with travel accident insurance. You can have the Low Fee Platinum card linked to the flybuys rewards program but this really isn't a rewards credit card. If you want real rewards value for your spend you'd be better off looking at the NAB Qantas Card or the NAB Velocity Card.

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Key features

The NAB Low Fee Platinum card has a 0% p.a interest rate on balance transfers for 6 months (2% BT fee applies). Other features include a $90 annual fee, 44 interest free days, a 19.74% purchase rate and a 21.74% cash advance rate.

What about the platinum perks? You'll have overseas travel accident insurance, interstate flight inconvenience insurance, transport accident insurance, domestic hotel burglary insurance, a extended warranty and price protection. When you consider the cost of overseas travel insurance alone, the $90 annual fee for the Low Fee Platinum card is worth it.

With the NAB Low Fee Platinum Card you will get all the benefits of Visa such as Visa Entertainment applause features, 24/7 travel assistance via Visa Global Customer Assistance Services as well as online shopping verified by Visa. 

If you're heading overseas you'll pay a 3.00% foreign exchange margin on any purchases.


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Who is it good for

The NAB Low Fee Platinum is perfect for someone looking to knock off debt quickly thanks to the 0% balance transfer rate.

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Any catches

If you're using the card to blast debt for good, don't let that balance transfer debt sit there for too long or you'll end up paying 21.74% on any debt left outstanding after 6 months.

Details

Rates and fees information correct as at 28 November 2020 Mozo has robust processes to ensure our site is updated to reflect the latest information from providers. There may be the odd occasion where updates are delayed, so please confirm information before purchasing.
Rates
  • 19.74% p.a.

  • none

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

  • yes

  • 21.74% p.a.

  • 44

Fees
  • $90.00

  • none

  • none

  • none

  • $15.00

  • 2%, Min $2.50

  • 3.00%

  • $0.00

  • $0.00

  • $0.00

Features
  • $25.00

  • 2.0

  • 1

  • none

Payment options

Apple Pay, Google Pay, Samsung Pay, Garmin, Fitbit

Rewards privileges

Concierge,
Travel,
Insurance,
Extended,
Warranty,
Purchase,
Protection

Other benefits

Travel Insurance, Extended Warranty, Purchase Protection, Guaranteed Pricing

Customer Reviews

How are NAB credit cards rated by the Mozo community?

Overall
6.7/10

Based on 4260 NAB credit card reviews

Price
5.9/10
Features
6.0/10
Customer service
6.7/10
Convenience
7.5/10
Trust
6.9/10

Latest reviews of NAB Low Fee Platinum Card

  • Overall 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 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).

    Read 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 5 months ago
  • Overall 8/10
    Great service

    Need instant alerts for every transaction.

    Read full review

    Need instant alerts for every transaction.

    Price
    7/10
    Features
    7/10
    Customer service
    10/10
    Convenience
    10/10
    Trust
    10/10
    Less
    Imthiaz, New South Wales reviewed 6 months ago
  • Overall 9/10
    The lesser of evils!

    There's not a lot that differentiates one bank from another but I chose NAB years ago for offering a fee-free savings account, then progressively increased my banking with them to include a credit card. Their balance transfer and honeymoon interest-free period was attractive, and I've been happy to continue banking with them ever since.

    Read full review

    There's not a lot that differentiates one bank from another but I chose NAB years ago for offering a fee-free savings account, then progressively increased my banking with them to include a credit card. Their balance transfer and honeymoon interest-free period was attractive, and I've been happy to continue banking with them ever since.

    Price
    9/10
    Features
    9/10
    Customer service
    9/10
    Convenience
    10/10
    Trust
    8/10
    Less
    Adam, New South Wales reviewed 7 months ago
  • Overall 10/10
    Five stars.

    Very happy with the service I get.

    Read full review

    Very happy with the service I get.

    Price
    10/10
    Features
    10/10
    Customer service
    10/10
    Convenience
    10/10
    Trust
    10/10
    Less
    Dennis, Queensland reviewed 7 months ago
  • Overall 5/10
    All the same

    Product is mediocre and is ok.

    Read full review

    Product is mediocre and is ok.

    Price
    2/10
    Features
    0/10
    Customer service
    0/10
    Convenience
    5/10
    Trust
    6/10
    Less
    Anthony, Queensland reviewed 7 months ago
NAB

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.

See NAB credit cards

NAB

NAB

Low Fee Card

19.74% p.a.

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

$30

NAB

NAB

Low Rate Card

12.99% p.a.

0% p.a. for 20 months and then 21.74% p.a. (2.00% balance transfer fee)

$59

NAB

NAB

Qantas Rewards Premium Card

19.99% p.a.

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

$250

NAB

NAB

Rewards Platinum Card

19.99% p.a.

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

$195

NAB

NAB

Qantas Rewards Signature Card

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

NAB

NAB

Rewards Signature Card

19.99% p.a.

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

$295

NAB

NAB

StraightUp Card

0% p.a.

No current offer

$240 $20/month - waived if no spend & no balance owing

Westpac

Westpac

Low Rate

13.74% p.a.

0% p.a. for 24 months and then 21.49% p.a. (1.00% balance transfer fee)

$59

St.George

St.George

Vertigo

13.99% p.a.

0% p.a. for 24 months and then 21.49% p.a.

$55 $0 in the first year

CUA

CUA

Low Rate Credit Card

11.99% p.a.

0% p.a. for 20 months and then 21.74% p.a.

$49 $0 in the first year

ME

ME

frank Credit Card

11.99% p.a.

No current offer

$0

Defence Bank

Defence Bank

Foundation Credit Card

3.99% p.a. for 6 months then 8.99% p.a.

3.99% p.a. for 6 months and then 8.99% p.a.

$45

CUA

CUA

Platinum Credit Card

19.99% p.a.

0% p.a. for 20 months and then 21.74% p.a.

$149 $0 in the first year

CUA Platinum Rewards

American Express

American Express

Qantas Discovery Card

20.74% p.a.

No current offer

$0

Qantas Frequent Flyer

Virgin Money

Virgin Money

Virgin Australia Velocity Flyer Card - Balance Transfer Offer

20.74% p.a.

0% p.a. for 22 months and then 20.99% p.a.

$129 $64 in the first year

Velocity Frequent Flyer

American Express

American Express

Qantas Discovery Card

Qantas Frequent Flyer

$0

No current offer

0.75 points uncapped

Qantas Money

Qantas Money

Qantas Premier Platinum

Qantas Frequent Flyer

$299 $199 in the first year

100,000

1 point up to $10,000/month, then
0.5 points uncapped

Bankwest

Bankwest

Qantas Platinum Mastercard

Qantas Frequent Flyer

$160

30,000

0.75 points up to $2,500/month, then
0.3 points uncapped

St.George

St.George

Amplify Platinum

Qantas Frequent Flyer

$99

70,000

0.5 points uncapped

Suncorp

Suncorp

Clear Options Platinum

Suncorp Rewards

$129

100,000

1.25 points uncapped

Citi

Citi

Rewards - e-voucher Offer

Citi Rewards Program

$199 $99 in the first year

No current offer

1 point up to $10,000/month

Bank of Melbourne

Bank of Melbourne

Amplify Platinum

Amplify Rewards

$99 $0 in the first year

No current offer

1 point uncapped

American Express

American Express

Velocity Escape Card

Velocity Frequent Flyer

$0

No current offer

0.75 points uncapped

Westpac

Westpac

Low Rate

0% p.a. for 24 months and then 21.49% p.a. (1.00% balance transfer fee)

13.74% p.a.

$59

St.George

St.George

Vertigo

0% p.a. for 24 months and then 21.49% p.a.

13.99% p.a.

$55 $0 in the first year

CUA

CUA

Low Rate Credit Card

0% p.a. for 20 months and then 21.74% p.a.

11.99% p.a.

$49 $0 in the first year

ANZ

ANZ

First

0% p.a. for 18 months and then 20.24% p.a. (2.00% balance transfer fee)

20.24% p.a.

$30

Qantas Money

Qantas Money

Qantas Premier Platinum

0% p.a. for 18 months and then 21.99% p.a. (1.00% balance transfer fee)

19.99% p.a.

$299 $199 in the first year

Qantas Frequent Flyer

Bank of Melbourne

Bank of Melbourne

Vertigo

0% p.a. for 24 months and then 21.49% p.a.

13.99% p.a.

$55 $0 in the first year

Bankwest

Bankwest

Zero Platinum Mastercard

2.99% p.a. for 9 months and then 17.99% p.a.

17.99% p.a.

$0

Bank of Melbourne

Bank of Melbourne

Amplify Platinum

0% p.a. for 22 months and then 21.49% p.a. (1.50% balance transfer fee)

0% p.a. for 7 months then 19.74% p.a.

$99 $0 in the first year

Amplify Rewards

St.George

St.George

Vertigo

13.99% p.a.

0% p.a. for 24 months and then 21.49% p.a.

$55 $0 in the first year

Westpac

Westpac

Low Rate

13.74% p.a.

0% p.a. for 24 months and then 21.49% p.a. (1.00% balance transfer fee)

$59

ME

ME

frank Credit Card

11.99% p.a.

No current offer

$0

Defence Bank

Defence Bank

Foundation Credit Card

3.99% p.a. for 6 months then 8.99% p.a.

3.99% p.a. for 6 months and then 8.99% p.a.

$45

CUA

CUA

Low Rate Credit Card

11.99% p.a.

0% p.a. for 20 months and then 21.74% p.a.

$49 $0 in the first year

NAB

NAB

Low Rate Card

12.99% p.a.

0% p.a. for 20 months and then 21.74% p.a. (2.00% balance transfer fee)

$59

Bank of Melbourne

Bank of Melbourne

Vertigo Platinum

12.99% p.a.

6.99% p.a. for 12 months and then 21.49% p.a.

$99

ANZ

ANZ

Low Rate

12.49% p.a.

0% p.a. for 25 months and then 20.24% p.a. (1.50% balance transfer fee)

$58 $0 in the first year

Westpac

Westpac

Low Rate

13.74% p.a.

0% p.a. for 24 months and then 21.49% p.a. (1.00% balance transfer fee)

$59

St.George

St.George

Vertigo

13.99% p.a.

0% p.a. for 24 months and then 21.49% p.a.

$55 $0 in the first year

CUA

CUA

Low Rate Credit Card

11.99% p.a.

0% p.a. for 20 months and then 21.74% p.a.

$49 $0 in the first year

ME

ME

frank Credit Card

11.99% p.a.

No current offer

$0

Defence Bank

Defence Bank

Foundation Credit Card

3.99% p.a. for 6 months then 8.99% p.a.

3.99% p.a. for 6 months and then 8.99% p.a.

$45

ANZ

ANZ

Low Rate

12.49% p.a.

0% p.a. for 25 months and then 20.24% p.a. (1.50% balance transfer fee)

$58 $0 in the first year

St.George

St.George

Vertigo Platinum

12.99% p.a.

6.99% p.a. for 12 months and then 21.49% p.a.

$99

NAB

NAB

Low Rate Card

12.99% p.a.

0% p.a. for 20 months and then 21.74% p.a. (2.00% balance transfer fee)

$59