NAB Velocity Credit Card Details

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

Click here to start your application >>

Take advantage of the special bonus Velocity Points available from NAB

The NAB bank has two Velocity cards on offer – the American Express and the Visa card. Using either of these cards you will collect Velocity points and they can be exchanged for discounts on goods from any of NAB’s shopping partners or you can redeem them for flights, accommodation, car hire, travel or entertainment. A plus for this card is that there is no limit to the number of points you can earn, nor do the points have a used by date.

Additional card holders can be added to either card at no extra cost. The fee of $65 covers both cards and is comparable to other similar cards with the standard of reward on offer with these cards. As with most credit cards, a monthly statement is produced and a monthly payment is required.

Interest Rates, Fees & Charges

Balance Transfer Rate		4.99% p.a. for 6 months
Interest Rate on Purchases		19.99% p.a.
Annual Fee		$65
Interest Free Period		up to 44 days
Cash Advance Rate		21.74% p.a.
Card Type		Standard
Minimum Income Requirement		$30,000 p.a.
Credit Card Type		American Express/Visa
Rewards Program		Yes
Additional Cardholder Fee		$0 p.a.

Competitive Interest Rate

The interest rate is 19.99% p.a. There is an interest free period of up to 44 days on purchases and another feature is the transfer balance interest rate of 4.99% p.a. for 6 months to pay it off.

Earning Points

Either card can be used and note should be taken that the American Express card does earn higher Velocity points. Not all points of payment accept American Express and that is why it is good having the option of the Visa card.

Convenience And Security

The NAB card includes internet banking service at all times and also telephone banking. NAB’s security service gives peace of mind because of the VerifiedbyVisa system. This service will verify whether or not the retailer you are dealing with is bona fide or not.

The Velocity NAB Credit Card Is Available In A Double-Edition

You can either choose the Velocity NAB Standard Card or the Velocity NAB Gold Card. With either card you can take your Velocity rewards points to another level.

NAB Velocity Credit Card Account Features:

One of the great benefits of having a double credit card pack is to be able to use the cards for optimum rewards while being able to shop worldwide. The American Express branded Velocity card gives you more bang for your buck while the Visa branded version is accepted worldwide.

• The Velocity NAB Credit Card can earn you Velocity Points on your everyday spend¹
• Each Velocity NAB card account has 2 cards: a Velocity NAB American Express® Card and a Velocity NAB Visa card
• Available as a Gold card account or Standard card account
• Remember your two cards have different point earning rates. By using your Velocity NAB Gold American Express® Card you will earn maximum Velocity Points
• Add an additional cardholder at no extra cost⁵
• If you would like a credit card for business purchases, you can apply for the Velocity NAB Business Card
• Get two cards for one with one annual card fee, one monthly statement, one bill.
• Get two cards for one with Visa and American Express in each.
• Your Velocity points will not be capped.
• Enjoy a 4.99% p.a. for 6 months balance transfer rate. Terms apply.
• Get the same deal for a partner/spouse at no extra cost.

You can redeem your Velocity points for a large range of rewards, starting with flights, accommodation, car hire, shopping partners, in the online shop and much more.

Overview Of The NAB Velocity Standard Cards:

• Earn 1.5 Velocity Points per $2 spent on purchases with the American Express card and 1 Velocity Point per $2 spent on purchases with Visa.
• 19.49% p.a. interest rate.
• Get up to 44 interest free days on purchases.
• Annual card fee of $30.
• Credit limit is $500.

Velocity Program Features:

• Velocity is the loyalty program partnered by Virgin Australia Airlines
• Redeem from the online shop and an exciting range of Velocity Rewards with your Velocity Points
• Redeem on any available seat with any of the Velocity Partner Airlines⁷
• No Membership fee when joining online

With the NAB Velocity Credit Card you can design your own lifestyle and make the most of your ‘hip host’ in the process.

Which Card Is For You?

Read the NAB Velocity Standard Card terms and conditions.

Popular Credit Card Offers

			Interest rate (p.a.)	Balance transfer rate (p.a.)	Annual fee	Cash advance rate (p.a.)
	ANZ Platinum Credit Card	A unique platinum credit card offer with a low balance transfer and purchases rate.	0% p.a. for 6 months (reverts to 19.39% p.a.)	0% for 6 months	$0 annual fee for the first year ($0 thereafter)	20.99%	E-mail me this offer
	HSBC Credit Card	A 0% balance transfer, $0 annual fee for life credit card.	17.99% p.a.	0% for 8 months with 2% balance transfer fee	$0	21.99%	E-mail me this offer
	Westpac Low Rate Card	A low rate on purchases, balance transfer and a $0 annual fee.	1.9% p.a. for 9 months (reverts to 13.49% p.a.)	3.99% for 6 months	$45 annual fee for the first year ($0 thereafter)	21.49%	E-mail me this offer
	Citibank Rewards Credit Card - Platinum Card	An extended 15 month balance transfer offer with 20,000 bonus reward points.	20.99% p.a.	0.9% for 15 months	$199	21.74%	E-mail me this offer
	Bankwest Breeze MasterCard	Low ongoing purchase rate from Bankwest, with an introductory purchase rate credit card.	0% p.a. for 6 months (reverts to 10.99% p.a.)	4.99% for 9 months	$49	21.99%	E-mail me this offer