NAB Low Rate Card
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
n/a
NAB Low Rate Card
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
n/a
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
n/a
Mozo Review NAB Low Rate Card Review
Last updated: 10 September 2019.
What's hot:
$59 annual card fee
0% p.a on purchases for 6 months
Up to 55 interest free days
What's not:
21.74% cash advance rate
No reward program
Mozo snapshot:
Can a credit card really be kind to cardholders? The NAB Low Rate credit card has a 0% purchase rate for 6 months and there is also a friendly low annual fee of $59 and you won't be punished (well, not too harshly) for the odd late bill.
Key features:
No matter what your credit requirements are this year, the NAB Low Rate card could suit you.
The purchase rate for the NAB Low Rate is 13.99% which is fairly standard for a low rate card, but the best part is, for the first 6 months you can put purchases on your card interest free.
The late payment fee is $15 - hard to believe when other cards will whack you with penalties of $35 and up - but with 55 days interest free, you'd never stray into late-payment territory, right? And the fee for running over limit? Nada.
It's a Visa card so you can Tap and Go for purchases under $100 and use it anywhere in the world where Visa is accepted. Overseas transactions (in person and online) will attract a 3% foreign exchange margin.
Who it's good for:
Those looking to repay debt over a long timeframe will benefit from a card like this.
Any catches?
Like most credit cards, the NAB Low Rate credit card has a high cash advance rate (21.74%) which will start accruing interest immediately if you withdraw cash using the card.
Details
Rates and fees information correct as at 16 September 2019 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
-
13.99% p.a.
-
0% p.a. for 6 months
-
0% p.a. for 6 months and then 21.74% p.a. (2.00% balance transfer fee)
-
yes
-
21.74% p.a.
-
55
Fees
-
$59.00
-
none
-
none
-
none
-
$15.00
-
2%, Min $2.50
-
3.00%
-
$7.00
-
$2.50
-
$0.00
Features
-
$25.00
-
2.0
-
1
-
none
Payment options
Apple Pay, Google Pay, Samsung Pay, Garmin, Fitbit
Other benefits
Standard balance transfer rate of 0% for 6 months is not available in conjunction with the balance transfer special offer.
Customer Reviews
How are NAB credit cards rated by the Mozo community?
Latest reviews of NAB Low Rate Card
- Overall9/10
Better than most
Nice and easy to use.
Read full review
Nice and easy to use.
Price8/10Features8/10Customer service9/10Convenience8/10Trust9/10Less
Alexandra | New South Wales
reviewed 9 months ago
- Overall8/10
Good customer service
NAB satisfies my needs.
Read full review
NAB satisfies my needs.
Price5/10Features5/10Customer service7/10Convenience8/10Trust8/10Less
Jorge | New South Wales
reviewed 10 months ago
- Overall6/10
Happy with it
It's ok, nothing special.
Read full review
It's ok, nothing special.
Price5/10Features2/10Customer service4/10Convenience7/10Trust7/10Less
Catherine | Victoria
reviewed over 1 year ago
- Overall5/10
Great customer service
The staff are always very helpful and pleasant when I have questions or enquiries.
Read full review
The staff are always very helpful and pleasant when I have questions or enquiries.
Price6/10Features3/10Customer service4/10Convenience8/10Trust5/10Less
Catherine | Queensland
reviewed over 1 year ago
- Overall8/10
Meets my needs.
I have always had good service and help from my bank.
Read full review
I have always had good service and help from my bank.
Price7/10Features-1/10Customer service8/10Convenience9/10Trust8/10Less
Jannine | New South Wales
reviewed over 1 year ago
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
Promoted
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
Promoted
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
Promoted
NAB
Qantas Rewards Card
19.99% p.a.
0% p.a. for 6 months and then 21.74% p.a. (2.00% balance transfer fee)
$95
Promoted
NAB
Low Rate Platinum Card
0% p.a. for 15 months then 13.99% p.a.
0% p.a. for 6 months and then 21.74% p.a. (2.00% balance transfer fee)
$100
Promoted
NAB
Low Fee Platinum Card
19.74% p.a.
0% p.a. for 6 months and then 21.74% p.a. (2.00% balance transfer fee)
$90
Promoted
NAB
Rewards Classic Card
19.99% p.a.
0% p.a. for 6 months and then 21.74% p.a. (2.00% balance transfer fee)
$95
Promoted
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
Promoted
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
Promoted
Qantas Money
Qantas Premier Platinum
0% p.a. for 18 months and then 21.99% p.a.
19.99% p.a.
$299 $199 in the first year
Promoted
American Express
Qantas Ultimate Card
0% p.a. for 12 months and then 20.74% p.a. (1.00% balance transfer fee)
20.74% p.a.
$450
Promoted
Virgin Money
Virgin Australia Velocity Flyer Card - Purchase Rate Offer
0% p.a. for 6 months and then 20.99% p.a.
0% p.a. for 14 months then 20.74% p.a.
$129 $64 in the first year
Promoted
Qantas Money
Qantas Premier Everyday
0% p.a. for 12 months and then 21.99% p.a.
19.99% p.a.
$49 $29 in the first year
Promoted
NAB
Qantas Rewards Signature Card
0% p.a. for 6 months and then 21.74% p.a. (2.00% balance transfer fee)
19.99% p.a.
$395 $295 in the first year
Promoted
Qantas Money
Qantas Premier Platinum
1 point per dollar on Mastercard, up to $10,000 per month, then
0.5 points per dollar on Mastercard, uncapped
19.99% p.a.
$299 $199 in the first year
Promoted
CUA
Platinum Credit Card
1 point per dollar on Mastercard, up to 100000 points per year
19.99% p.a.
$149 $0 in the first year
Promoted
American Express
Qantas Ultimate Card
1.25 points per dollar on Amex, uncapped
20.74% p.a.
$450
Promoted
Virgin Money
Virgin Australia Velocity Flyer Card - Purchase Rate Offer
0.66 points per dollar on Visa, up to $1,500 per month, then
0.5 points per dollar on Visa, uncapped
20.74% p.a.
$129 $64 in the first year
Promoted
Qantas Money
Qantas Premier Everyday
0.75 points per dollar on Mastercard, up to $3,000 per month, then
0.4 points per dollar on Mastercard, uncapped
19.99% p.a.
$49 $29 in the first year
Promoted
ANZ
Frequent Flyer Black
1 point per dollar on Visa, up to $7,500 per month, then
0.5 points per dollar on Visa, uncapped
20.24% p.a.
$425
Promoted
NAB
Qantas Rewards Signature Card
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.
$395 $295 in the first year
Promoted
HSBC
Platinum Credit Card (Special Offer)
1 point per dollar on Visa, up to 10000 points per month
19.99% p.a.
$129 Refunded when you spend over $6,000 p.a
Promoted
Qantas Money
Qantas Premier Platinum
0% p.a. for 18 months and then 21.99% p.a.
$299 $199 in the first year
19.99% p.a.
Promoted
ANZ
Platinum
0% p.a. for 18 months and then 20.24% p.a. (2.00% balance transfer fee)
$87 $0 when you spend over $20,000 p.a, $0 in the first year
20.24% p.a.
Promoted
Qantas Money
Qantas Premier Everyday
0% p.a. for 12 months and then 21.99% p.a.
$49 $29 in the first year
19.99% p.a.
Promoted
Virgin Money
Virgin Australia Velocity Flyer Card - Purchase Rate Offer
0% p.a. for 6 months and then 20.99% p.a.
$129 $64 in the first year
0% p.a. for 14 months then 20.74% p.a.
Promoted
HSBC
Platinum Credit Card
0% p.a. for 12 months and then 21.99% p.a.
$129 Refunded when you spend over $6,000 p.a
0% p.a. for 12 months then 19.99% p.a.
Promoted
NAB
Qantas Rewards Signature Card
0% p.a. for 6 months and then 21.74% p.a. (2.00% balance transfer fee)
$395 $295 in the first year
19.99% p.a.
Promoted
American Express
Velocity Escape Card
0% p.a. for 12 months and then 20.74% p.a. (1.00% balance transfer fee)
$0
20.74% p.a.
Promoted
CUA
Platinum Credit Card
0% p.a. for 13 months and then 21.74% p.a.
$149 $0 in the first year
19.99% p.a.
Promoted
Virgin Money
Virgin Australia Velocity Flyer Card - Purchase Rate Offer
0% p.a. for 14 months then 20.74% p.a.
$129 $64 in the first year
0% p.a. for 6 months and then 20.99% p.a.
Promoted
NAB
Low Rate Card
0% p.a. for 6 months then 13.99% p.a.
$59
0% p.a. for 6 months and then 21.74% p.a. (2.00% balance transfer fee)
