NAB Low Fee Card – Details & Application
What happens when I click Apply Now?
- Clicking Apply will take you to your Online Application on the bank's website. You do not need to be an existing customer of this bank to apply.
- Your application will typically take you no more than 10-15 minutes to complete
- Once approved, you will receive your credit card in the mail within 1-2 weeks
With no annual fee for the first year and extensive Flybuys reward points redeemable with Virgin Airlines, the NAB Low Fee Card is a great asset for the everyday shopper and traveller
The NAB Low Fee card offers customers the advantage of low rates as well as a chance to earn extra rewards points. With a low annual fee and 19.49% p.a. on purchases, you could truly benefit from using your credit card.
The convenient features of the NAB Low Fee Card and the low annual card fee make it the perfect partner for your wallet.
Interest Rates, Fees & Charges
| Balance Transfer Rate |  |
1% p.a. for 6 months |
|---|---|---|
| Interest Rate on Purchases | |
19.49% p.a. |
| Annual Fee | |
$30 |
| Interest Free Period | |
up to 44 days |
| Cash Advance Rate | |
21.74% p.a. |
| Card Type | |
Standard |
| Credit Card Type | |
Visa |
| Rewards Program | |
Yes |
| Additional Cardholder Fee | |
$0 p.a. |
NAB Low Fee Card features:
One of the great features of this card is the 24/4 emergency travel assistance. This alone is worth gold when you are stuck and need help fast which can often end up being very costly in itself.
- The low annual card fee of is affordable for anyone.
- Get up to 44 interest free days on purchases.
- Get a second card for your partner at no extra cost.
- 19.49% p.a. interest rate.
- Incredibly low annual fee of $30.
- 44 days interest free on purchases.
- Free supplementary cardholder.
- Emergency Travel assistance 24 hours a day, 7 days a week
- Available in NAB MasterCard or Classic.
- Convenient and easy NAB Telephone Banking and Internet Funds and Transaction access.
- Online shopping security when registered with ‘MasterCard SecureCode’ or ‘Verified by Visa’.
Additional NAB Low Fee Card features:
With the NAB Low Fee Card you can bank in confidence by using the telephone, the Internet or visit the branch.
- You’ll also get Purchase Protection Insurance.
- If you register with Verified by Visa or MasterCard SecureCode you can enjoy secure online shopping.
- Get a 60 second response when applying online.
The NAB Low Fee Card is available as NAB Visa Classic or NAB MasterCard
Interest Rate on Purchases
Imagine paying no interest on your credit card purchases for a full six months. NAB Low Fee card offers customers the benefit of a 19.49% p.a. interest rate on the items you purchase using your credit card.
This can mean buying the things you really want now and then paying them off over the next six months. You can feel secure that your balance isn’t being charged any interest over this time.
Once your balance is paid down, you can take advantage of the NAB Low Fee Card up to 44 days interest free on purchases. As long as you continue to repay your outstanding balance before the statement date each month, you won’t pay any interest on your purchases.
Reward Benefits
Balance Transfers
If you’re currently paying high interest on other credit cards, then you could benefit from rolling your outstanding balances over to your NAB Fee Card. You’ll be charged a low 1% p.a. for 6 months on the balance transfer amount, which can help you reduce your credit card debt very quickly.
Apply Online
Apply for your NAB Low Fee Card online and you could have a response in just 60 seconds. The online application form is secure and will keep your personal information safe. The application form is quick and easy to complete and knowing your response could be only 60 seconds away, you could begin to enjoy the benefits of this credit card sooner rather than later.
Read the NAB Low Fee Card terms and conditions.
| Minimum Age | 18 years of age | |
|---|---|---|
| Available to Temporary Residents | No | |
| Credit Rating Requirement | Good | |
| Min Credit Limit | $500 |
| Annual Fee | $30 p.a. | |
|---|---|---|
| Minimum Repayment | 2.50% | |
| Interest Charged From | Purchase Date | |
| Late Payment Fee | $5.00 | |
| Over Limit Fee | $0 | |
| Overseas Emergency Replacement | $100 | |
| Overseas ATM Balance check | $0 | |
| Overseas ATM Withdrawal | $4.00 | |
| Gambling Transactions Allowed | No | |
| Gambling Transactions Interest Rate | 0.00% |
| Rewards Points per Dollar | VISA:0.8 Partners:1.2 Point(s) | |
|---|---|---|
| Points needed for Syd/Mel Return Flight | 0 |
is there no annual fee for the first year or is 30$ a month is it $500 limit?
I am required to be a customer of the NAB bank to apply for a credit card.
Hi,
Thanks for the question. You do not have to have been an existing customer with NAB to apply for a credit card. When you apply, you will be assessed as a new customer and will have your financial situation examined in order for your application to be successful. Hope this helps, cheers.
Jeremy
As a new customer (NAB Low Fee Card) what percentage of my credit limit can be used for balance transfer from another bank or banks?
Hi,
The annual fee is $30. The minimum credit limit is $500. Thanks.
Cheers,
Jeremy
Hello, i was wondering of there was any security offered to the consumer if they lost there card if it is stolen?
Thank you.
Hi,
In the NAB Balance Transfer FAQ it states that “NAB won’t offer 100% of your credit limit to be used as a Balance Transfer.” Generally it the amount you are able to transfer is somewhere between 90-95%. Thanks for your question.
Cheers,
Jeremy
Hi,
Thanks for the question. For an additional $59 a year you can protect your card from being lost or stolen through ‘Secure Sentinel’. Secure Sentinel is the 24/7 service that helps you cancel and order replacements for any cards that are lost or stolen. According to the NAB Low Fee Card website, Secure Sentinel also offers:
“- cover for any fraudulent use of the cards from the time you call them until they’ve called the card issuer
- help cancelling your Australian passport and organising a replacement from the nearest Australian Embassy
- an advance of up to $1000 cash for 30 days if your wallet is stolen (conditions apply)
- to temporarily block your mobile phone if it’s stolen
- coded tags for your keys and luggage to help get them back to you if they’re found
- registration of possessions you can identify through a serial number.” Thanks for your question.
Cheers
Jeremy
What rate does the transfer amount revert to after 6 months ?
19.74 purchase o2 21.74 cash ?
Hi,
After the promotional period, the remaining balance of the transferred amount is charged at the purchase rate of interest. Cheers.
Jeremy