NAB Low Rate Card (0% p.a. on Balance Transfers for 20 months on a new NAB Low Rate card)

Purchase Rate
12.99% p.a.
Cash Advance Rate
21.74% p.a.
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Interest Free
Up to 55 days
Annual Fee
Balance Transfer Rate
0% p.a. for first 20 months
  • Enjoy the benefits of our lowest rate on everyday purchases.
  • 0% p.a. on purchases for 20 months* on a new NAB Low Rate Card. One off 2% BT fee applies. BT reverts to Cash Advance Rate.
  • Apply by NAB may vary or end this offer at any time.
  • You’ll also enjoy the benefits of our lowest ongoing rate on everyday purchases.
  • Up to 55 days interest free on purchases do not apply with an outstanding balance transfer.
  • Additional cardholder at no extra cost.
  • Your choice of a pink or silver card.

Key Features
Rewards Program
Joining Fee
Annual Fee
Insurance Cover
for Purchases
Overseas ATM
Automatic Travel

Fee & Repayments

Annual Fee $59.00
Annual Fee First Year $59.00
Rewards Joining Fee -
Supplementary Card Fee $0.00
Minimum Repayment Greater of 2% or $2.50
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 $4.00
Over Limit Fee $0.00
Overseas Emergency Card Replacement Fee $100.00
Terms & Conditions
Offer commenced 16 August 2020. For approved applicants who apply for a new NAB Low Rate Card before the offer is withdrawn. The balance transfer interest rate will apply for a 20 month statement period from account opening. After 20 months, any unpaid balance transfers will attract the standard cash advance rate (currently 21.74%p.a. as at 16 August 2020). Interest rates are subject to change and available at Special promotion balance transfer must be applied for at the point of full card application. The one off balance transfer fee of 2% is calculated on the amount transferred and is charged to your NAB credit card account when your balance transfer is processed. While you have an outstanding balance transfer, interest free days on purchases only applies if you pay the ‘interest free days payment’ listed on your statement in full by the due date each month. Minimum monthly repayments must be made by the due date each month. Offer may end or vary. Offer is not available when closing/transferring from another NAB credit card account or in conjunction with any other offer 2 Interest free days on purchases If you pay your account in full, or if your statement displays an ‘interest free days payment’, that amount in full, by the due date each month. Fees and charges Please refer to our credit card terms and conditions to learn more. Fees and charges are payable. Approval and credit limit is subject to NAB's credit assessment criteria. Information, including interest rates and annual card fees subject to change. Correct as at 16 August 2020. Credit cards issued by National Australia Bank Limited. ©2020 National Australia Bank Limited ABN 12 004 044 937 AFSL and Australian Credit Licence 230686.

* 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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