Low Rate Business Card card image

NAB Low Rate Business Card

Advertiser disclosure
Purchase rate
0% p.a. for 12 months then 13.25% p.a.
Balance transfer rate
No current offer
Annual fees
$60 $0 in the first year
Interest free days on purchases
Go to site

Mozo editorial review NAB Low Rate Business Card - last updated: 28 October 2021

binocular icon
What's hot
  • 0% p.a. purchase rate for the first 12 months (13.25% p.a. after)
  • $60 annual fee waived for the first 12 months
  • Pay with Apple Pay, Google Pay, Samsung Pay, Garmin and Fitbit
  • 2021 Mozo Experts Choice Award-winner
What's not
  • $60 annual fee after the first year
Mozo snapshot

For business owners looking for a card that offers a low rate and plenty of benefits, the 2021 Mozo Experts Choice Award winning NAB Low Rate Business Card is a hard one to pass up. For the first year, you’ll be treated to a 0% p.a. purchase rate, which will revert to a competitive 13.25% p.a. once the year is up. Even more good news for you business: the annual fee of $60 will also be waived for the first year.

key icon
Key features

The NAB Low Rate Business Card comes with a low 13.25% p.a. purchase rate and an annual fee of $60, but for the first 12 months the annual fee is waived and you won’t pay any interest on purchases. You’ll also have up to 55 interest-free days on purchases you make, which should be plenty of time to keep your balance paid off and under control, even after the introductory interest free period.

Once you’ve signed up, you’ll be able to attach multiple cards to the account and receive monthly statements for each cardholder separately. NAB’s Commercial Cards Unauthorised Transaction Insurance will also ensure that you’re covered in case of any unapproved activity on your account by cardholders.

You’ll also find you’re also eligible for a number of perks as part of the Visa Commercial Offers program. These include discounts on software, productivity tools, and various other services that aim to help your business grow.

Who is it good for

As the name suggests, this card is for business purchases only. It’s available for sole traders, partnerships with up to two people, companies with up to five directors, and trustees of an eligible trust.

To apply for the card, you'll have to meet a few requirements. You’ll need to be over the age of 18 and an Australian resident, and your business should have a registered ABN / ACN and a minimum annual turnover of $75,000. You’ll also need to provide 12 months of your business’ financial data, which can be uploaded online from your accounting software. 

question icon
Any catches

If you’re getting cash out at an ATM, you should know that, as with any other credit card, this isn’t included in the 55 interest-free days, so you’ll pay interest on it immediately.


Rates and fees information correct as at 2 July 2022 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.

13.25% p.a.

0% p.a. for 12 months

No current offer


13.25% p.a.




$0 in the first year




2%, Min $2.50










Payment options

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

Rewards privileges

Purchase Protection

Customer Reviews

This product does not currently have any community reviews. Be the first to write one.