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NAB Low Rate Visa Credit Card

May 1st, 2008

* * * ½ 3 Stars

The NAB Low Rate Visa Credit Card has a low rate on purchases so you can get more out of life. When you apply for a Low Rate Visa, you can save on interest with 0% p.a. for up to 6 months on balance transfer requests from non-NAB credit or store cards.

Get back to basics with a low 12.95% p.a. on purchases.

0% p.a. on balance transfers for up to 6 months (limited time only).

Worldwide Visa acceptance.

Cash if you need it at 19.19% p.a.

An additional cardholder at no extra cost.

Worldwide acceptance at over 22 million locations.

Up to 55 days interest free on purchases.

When you apply for a Low Rate Visa, you can save on interest with 0% p.a. for up to 6 months on balance transfer requests from non-NAB credit or store cards. Remember, at the end of the period any unpaid amounts will attract the cash advance interest rate.

Convenient banking with NAB Internet and Telephone Banking

Secure online shopping when you register for free with Verified by Visa

Emergency travel assistance 24 hours a day, 7 days a week

What can I do to avoid or reduce my interest charges?
You can avoid or reduce interest charges by:

using a credit card with an interest free period for purchases
always paying off the full closing balance of your last statement by the payment due date (within cut off times)
avoiding cash advance and cash equivalent transactions (as these generate interest as soon as they are assigned to your account)

Terms and Conditions
Approval is subject to NAB’s credit assessment criteria. Terms and conditions available on application. Fees and charges apply. NAB offers a range of credit cards which may not be described here. For more information, please visit nab.com.au/creditcards.

1. Purchases excludes cash advances including bills paid over the counter at a bank, financial institution or post office and for the purchase of traveller’s cheques. The NAB Low Rate Visa Card (Purchase) Indicator Rate is 12.79%p.a. (as at 25 March 2008) and is subject to change. The NAB Low Rate Visa Card (Cash Advance) Indicator Rate is currently 19.19%p.a. (as at 25 March 2008) and is subject to change.

2. Excludes cash advances (including bills paid over the counter at a bank, financial institution or post office and for the purchase of travellers cheques). Up to 55 days interest-free on purchases if you pay your account in full by the due date each month.

3. Annual card fee is correct as at 13 November 2007 and is subject to change.

4. Additional cardholder must be 16 years of age or older. All transactions using the additional card will be the responsibility of the primary cardholder.

5. These added travel benefits are provided by Visa International. Neither National Australia Bank Limited ABN 12 004 044 937 nor any other company in the National Australia Bank Group guarantees or accepts liability in respect to Visa Global Customer Assistance Services.