NAB
NAB

NAB Low Rate Business Card

Purchase Rate
13.25% p.a.
Cash Advance Rate
13.25% p.a.
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Interest Free
Up to 55 days
Annual Fee
$60.00
Intro Purchase Rate
0% p.a. for up to 12 months
  • A low cost credit card to help you manage your cashflow.
  • 0% on purchases in the first 12 months.*
  • No annual card fee for the first year.**
  • Apply by NAB may vary or end this offer at any time.

Key Features
Rewards Program
Rewards
Joining Fee
-
Annual Fee
$60.00
Insurance Cover
for Purchases
Overseas ATM
Availability
Automatic Travel
Insurance

Fee & Repayments

Annual Fee $60.00
Annual Fee First Year $0.00
Rewards Joining Fee -
Supplementary Card Fee $0.00
Minimum Repayment Greater of 2% or $25.00
Interest Charged From PurchaseDate
Late Payment Fee $15.00

Other Charges

Duplicate Statement Fee $7.00
Overseas ATM Balance Fee $0.00
Transaction Verification Fee $5.00
Overseas ATM Withdrawal Fee $2.50
Over Limit Fee $0.00
Overseas Emergency Card Replacement Fee $100.00
Terms & Conditions
Important information: ** Annual card fee waiver Each Card issued under the Facility has an annual card fee of $60, payable in advance. However, the annual card fee will be waived for the first 12 months from the date the Facility was opened. For cards opened and used within 12 months from the date the facility was opened, the whole fee, will be credited back to the account and will be processed on the billing account summary in the same statement period in which the fee is charged. The fee will be $60 or a pro-rata amount of that fee based on the number of statement periods (whole or part) remaining from the date of first Use until the next anniversary of the Facility being opened. For any card issued and/or used after the date 12 months from the date the facility was opened, the first annual card fee will be debited to the Account in the first Statement Period following the first use of the Card. The fee will be $60 or a pro-rata amount of that fee based on the number of statement periods (whole or part) remaining from the date of first Use until the next anniversary of the Facility being opened. We will confirm the date the Facility was opened with you in writing. The subsequent annual card fees for each Card issued and used under the Facility will be debited annually on the statement date immediately after each anniversary of the date the facility was opened. ^ Special offers Offers available until withdrawn. NAB may vary or end these offers at any time without notice. Special offers apply to approved applicants only. Any bonus points offer not available in conjunction with any other new business credit card offer, or where you currently hold or have closed any NAB business credit card which included a special offer, within the previous twelve months. Offers are not available when closing / transferring from another NAB business credit card account or in conjunction with any other NAB offer. 1 Interest free days on everyday business purchases If you pay your closing balance on your monthly statement in full by the due date each month. Excludes cash advances (including bills paid over the counter at a bank, financial institution or post office, purchases of travellers’ cheques and transactions for gambling or gaming-related purposes). 2AWP Australia Pty Ltd ABN 52 097 227 177 AFSL 245631, trading as Allianz Global Assistance (AGA), under a binder from the insurer, Allianz Australia Insurance Limited ABN 15 000 122 850 AFSL 234708 (Allianz), has issued an insurance group policy to National Australia Bank Limited ABN 12 004 044 937 AFSL and Australian credit licence 230686 (NAB) which allow eligible persons to claim under them as third party beneficiaries. Access to the benefit of cover under the NAB card insurances is available to eligible NAB account holders by operation of s48 of the Insurance Contracts Act 1984 (Cth). Any advice on insurance is general advice only and not based on any consideration of your objectives, financial situation or needs. You must check whether or not it is appropriate, in light of your own circumstances, to act on this advice. This insurance is underwritten by Allianz. NAB is not the product issuer or insurer and neither it nor any of its related bodies corporate guarantee any of the benefits under this cover. If an eligible person wishes to claim any of these benefits, they will be bound by the eligibility criteria, terms, conditions, limits and exclusions contained in the group policy as set out in the NAB Commercial Cards Unauthorised Transaction Insurance Policy Information Booklet dated 31 March 2021 (PDF, 292KB) which may be amended from time to time. For insurable events that occurred prior to 31 March 2021, the eligibility criteria, terms, conditions, limits and exclusions of the group policy are set out in the NAB Commercial Cards Unauthorised Transaction Insurance Policy Information Booklet dated 1 September 2019 (PDF, 350KB). The NAB Low Rate Business Card is for business purposes only A valid ABN is required to open a Commercial Card facility with NAB. ABN registration checks will be performed once the application has been received. Terms, conditions, fees, charges and lending criteria apply. NAB Commercial Cards Facility Conditions (PDF, 452KB) Business Banking Fees and Charges Interest rates, fees and charges NAB Commercial Cards Unauthorised Transaction Insurance (PDF, 292KB) Approval and credit limit is subject to NAB's credit assessment criteria. Information, including interest rates and annual card fees subject to change. Details are correct as at 15 October 2020 and are subject to change by NAB. Credit cards issued by National Australia Bank Limited.

* For cards with reward programs that allow you to earn points, unless otherwise noted, the best case scenario of everyday spending is used when calculating the spend required to earn a reward. Everyday spending does not include bonus points that may be earned by shopping with loyalty partners. For rewards programs that have monthly caps, we assume you stay under that cap and for products with two cards, we assume spending is with the highest earning card. For programs that allow you to convert points for air travel at a price that changes from day to day, we have assumed that the flight is $300 (taxes and charges inclusive).

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