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.
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.