NAB Balance Transfer

NAB offers a fantastic range of balance transfer credit cards giving cardholders a chance to eliminate their credit card debt by getting a break from high interest rates. Find out more about NAB transfer cards, and how simple it is to make an application for one in this article.

Best NAB Balance Transfer Card

This NAB Velocity Standard Card is the best NAB balance transfer card to transfer your existing balances onto. By taking advantage of a great low rate for the first 6 months you can easily pay off any balance from a non-NAB credit card within the introductory period.

• $65 annual fee
• 20.24% p.a. on purchases
• 4.99% p.a. for 6 months on balance transfers
• Cash Advance Rate of 21.74% p.a.
• 44 days interest free
• Minimum Income Requirement of $30,000 p.a.
• Canstar Cannex outstanding value credit card

Read the NAB Velocity Standard Card terms and conditions.

Making a transfer to a NAB balance transfer card does not take long, and by putting in a little effort now you can start handling the debt you have accumulated on your current high rate cards.

NAB balance transfer credit card details

Here are some of the most important things you should know about a NAB balance transfer card, so that you can feel perfectly comfortable making the transfer.

Defining a balance transfer

When you transfer a balance from another store or credit card over to a new card that offers a lower rate of interest, you are doing a balance transfer. Choosing a NAB balance transfer card makes good sense because you will be paying a much lower rate of interest on your balance, which means you will save money and possibly pay off your entire debt. When you make an application for a NAB credit card to do a transfer balance, you will need to make sure that the minimum requirement of $200 for each request has been met.

How to apply for a balance transfer

You can apply for a NAB balance transfer card online, and the form is very simple to fill out. When you make your application you should have the following details handy:

• The name of the card issuer, for example ANZ.
• The card type, for example MasterCard or Visa.
• The amount you want to transfer.
• The number on your card.

NAB cards that offer a balance transfer

You can get a balance transfer when you apply for a NAB Qantas Card, a NAB Low Rate Visa Card, a NAB Visa Mini or a Velocity NAB Credit Card.

Closing an account

If you want to apply for a NAB balance transfer credit card you should know that when the balance has been transferred your other account will not close automatically. This needs to be done as a separate action on your part.

Balance transfer rates

The introductory rates will apply for up to six months from the time that the balance is transferred over to your account.

After the promotional period has expired, your interest rate on the balance transfer will be the same rate as you are being charged for cash advances. This may be different from the purchase rate on your new card.

There are a lot of reasons why you should make a NAB balance transfer, and they all make good financial sense. Apply for one today and start enjoying all the benefits you can get from a balance transfer card.

Check out today's featured offers:

Westpac Low Rate	Citibank Clear Platinum	Qantas AMEX Discovery	ANZ Platinum
0% p.a. for 6 months on purchases & balance transfers	2.9% p.a. for 12 months on balance transfers	$0 annual fee Up to 10,000 Bonus QFF Points	0% p.a. for 6 months on purchases & balance transfers

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Popular Credit Card Offers

			Interest Rate (p.a.)	Balance Transfer Rate (p.a.)	Annual fee	Cash Advance Rate (p.a.)
	Westpac Low Rate Card - 0% Offer	A credit card with a low rate offer on both balance transfers and purchases, plus a low annual fee.	0% for 6 months (reverts to 13.49% )	0% for 6 months	$45	21.49%
	Citibank Clear Platinum Card	Competitive interest rate on purchases and balance transfers offer.	11.99%	2.9% for 12 months	$99	21.74%
	St George Vertigo	Take advantage of this great offer from St.George with a low rate on purchases and a low balance transfer offer.	13.24%	0.99% for 12 months	$55	21.49%
	ANZ Platinum Credit Card	An introductory interest rate offer on balance transfers and purchases, plus a $0 first year annual fee.	0% for 6 months (reverts to 19.24% )	0% for 6 months	$0 annual fee for the first year( $87 thereafter)	20.99%