NAB's Low Fee Platinum Card comes with a competitive 0% p.a. rate on balance transfers for 12 months (with a one off 3% 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 Rewards Card.
If that's not enough, then you should know that it also won a 2023 Mozo Experts Choice Award for best Premium Card Benefits.
The NAB Low Fee Platinum card has a 0% p.a interest rate on balance transfers for 12 months (3% BT fee applies), after which the rate reverts to the variable cash advance rate of 21.74% p.a. Other features include a $90 annual fee, 44 interest free days and a 19.74% p.a. variable purchase rate.
What about the platinum perks? You'll have interstate flight inconvenience insurance, transport accident insurance, domestic hotel burglary insurance, am 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. Not to mention there is COVID-19 medical cover available under selected benefits, but T&Cs apply so be sure to read the product disclosure statement.
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.
The NAB Low Fee Platinum could be great for someone looking to knock off debt quickly thanks to the 0% balance transfer rate for the first 12 months (3% BT fee applies).
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% p.a. on any debt left outstanding after 12 months.
19.74% p.a. |
|
none |
|
0% p.a. for 12 months and then 21.74% p.a. (3.00% balance transfer fee) |
|
yes |
|
21.74% p.a. |
|
44 |
$90.00 |
|
none |
|
none |
|
none |
|
$15.00 |
|
3%, Min $3 |
|
3.00% |
|
$0.00 |
|
$0.00 |
|
$0.00 |
$25.00 |
|
2.0 |
|
1 |
|
From 30 June, 2022, some COVID-19 travel insurance cover may be available under selected benefits of the International Travel Insurance section. |
Apple Pay, Google Wallet, Samsung Pay, Garmin, Fitbit
Concierge,
Travel Insurance,
Extended Warranty,
Purchase Protection,
Rental Vehicle Excess in Australia Insurance
Travel Insurance, Extended Warranty, Purchase Protection, Guaranteed Pricing
Great easy to apply the credit card has good benefits only thing l don't like is going to the bank they don't help only try to get you to do everything on line your self
Read full reviewGreat easy to apply the credit card has good benefits only thing l don't like is going to the bank they don't help only try to get you to do everything on line your self
Almost 11 years of excellent product and service says it all. I wouldn't change for anything.
Read full reviewAlmost 11 years of excellent product and service says it all. I wouldn't change for anything.
Credit card interest is far too high and minimum payments far too low, making it too long to pay out the debt.
Read full reviewCredit card interest is far too high and minimum payments far too low, making it too long to pay out the debt.
Friendly staff at the branch.
Read full reviewFriendly staff at the branch.
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 reviewPROs: * 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).
Low Rate Card
13.49% p.a.
0% p.a. for 28 months and then 21.74% p.a. (2.00% balance transfer fee)
$59 $0 in the first year
Low Rate Card
13.49% p.a.
0% p.a. for 28 months and then 21.74% p.a. (2.00% balance transfer fee)
$59 $0 in the first year
Qantas Ultimate Card
23.99% p.a.
No current offer
$450
Qantas Frequent Flyer
Platinum Edge Credit Card
23.99% p.a.
No current offer
$195 $0 in the first year
Membership Rewards
Explorer Credit Card
23.99% p.a.
No current offer
$395
Membership Rewards
Velocity Platinum Card
23.99% p.a.
No current offer
$375
Velocity Frequent Flyer
Qantas Discovery Card
23.99% p.a.
No current offer
$0
Qantas Frequent Flyer
Velocity Escape Card
23.99% p.a.
No current offer
$0
Velocity Frequent Flyer
Qantas Ultimate Card
Qantas Frequent Flyer
$450
60,000
1.25 points up to 100,000 points/year, then
1 point uncapped
Platinum Visa Credit Card
Qantas Frequent Flyer
$299
50,000
1 point up to 20,000 points/month
Qantas Rewards Premium Card
Qantas Frequent Flyer
$250 $150 in the first year
70,000
0.66 points up to $3,000/month, then
0.33 points up to $6,000/month
Qantas Premium Card
Qantas Frequent Flyer
$249
20,000
1 point uncapped
Rewards Signature Card
NAB Rewards
$295 $145 in the first year
160,000
1.25 points uncapped
Qantas Discovery Card
Qantas Frequent Flyer
$0
No current offer
0.75 points uncapped
Velocity Escape Card
Velocity Frequent Flyer
$0
No current offer
0.75 points uncapped
Qantas Rewards Signature Card
Qantas Frequent Flyer
$395 $295 in the first year
120,000
1 point up to $5,000/month, then
0.5 points up to $20,000/month
Low Rate Card
0% p.a. for 28 months and then 21.74% p.a. (2.00% balance transfer fee)
13.49% p.a.
$59 $0 in the first year
Premier Credit Card
0% p.a. for 6 months and then 22.24% p.a.
21.49% p.a.
$300 $150 in the subsequent years if you spend $48,000 on eligible purchases or cash advances in previous year., $150 in the first year
Citi Rewards Program
Blue Visa Credit Card
0% p.a. for 9 months and then 21.74% p.a.
0% p.a. for 9 months then 20.74% p.a.
$60
Q Rewards
Virgin Australia Velocity Flyer Card - Balance Transfer Offer
0% p.a. for 24 months and then 20.99% p.a.
20.74% p.a.
$149 $0 in the first year
Velocity Frequent Flyer
More Mastercard
0% p.a. for 6 months and then 19.99% p.a. (1.00% balance transfer fee)
19.99% p.a.
$100
Bankwest More Rewards
Low Rate Card
13.49% p.a.
0% p.a. for 28 months and then 21.74% p.a. (2.00% balance transfer fee)
$59 $0 in the first year
Low Rate Credit Card
12.99% p.a.
0% p.a. for 12 months and then 25.99% p.a. (2.00% balance transfer fee)
$99
Low Rate Visa Credit Card
9.90% p.a.
No current offer
$59
Low Rate Credit Card
8.99% p.a.
0% p.a. for 6 months and then 8.99% p.a.
$59 $0 in the first year
Low Rate Card
13.49% p.a.
0% p.a. for 28 months and then 21.74% p.a. (2.00% balance transfer fee)
$59 $0 in the first year
Low Rate Credit Card
12.99% p.a.
0% p.a. for 12 months and then 25.99% p.a. (2.00% balance transfer fee)
$99
Low Rate Visa Credit Card
9.90% p.a.
No current offer
$59
Low Rate Credit Card
8.99% p.a.
0% p.a. for 6 months and then 8.99% p.a.
$59 $0 in the first year
Blue Visa Credit Card
0% p.a. for 9 months then 20.74% p.a.
0% p.a. for 9 months and then 21.74% p.a.
$60
Flex Card
0% p.a.
No current offer
$120 $10 monthly fee waived if the outstanding balance on the previous statement is paid in full by the due date.
StraightUp Card
n/a
No current offer
$240 $20/month - waived if no spend & no balance owing