NAB Low Rate Card (0% p.a. on Balance Transfers for 32 months on a new NAB Low Rate card)

Purchase Rate
12.99% p.a.
Cash Advance Rate
21.74% p.a.
Interest Free
Up to 55 days
Annual Fee
Balance Transfer Rate
0% p.a. for first 32 months
  • Enjoy the benefits of our lowest rate on everyday purchases.
  • 0% p.a. on Balance Transfers for 32 months on a new NAB Low Rate Card. No Balance Transfer fee applies. Plus, enjoy no annual fee for the first year (usually $59)*
  • 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 $0.00
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 19 July 2021. Offer commenced 19 July 2021. The 0% p.a. on balance transfers for 32 months offer is for approved applicants who apply for a new personal NAB Low Rate Card before the offer is withdrawn. The special purchase interest rate of 0% p.a. will apply for a 32-month statement period from when the account is opened. After the 32-month period, any unpaid purchases will then attract the card’s cash advance rate (currently 21.74% p.a. as at 19 July 2021). Interest rates are subject to change and available on our website. Minimum monthly repayments must be made by the due date each month. Offer is not available when closing or transferring from another NAB credit card account or in conjunction with any other offer. No annual fee will be charged for the first year. The annual fee of $59 will be charged in the 13th month from when the account is opened. 1 Interest free days on purchases. You will be able to receive 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. For more information visit 2 Additional cardholder. Additional cardholder must be 16 years of age or older. All transactions using the additional card will be the responsibility of the primary cardholder. Fee and charges Terms and Conditions available here. Fees and charges are payable. Approval and credit limit are subject to NAB's credit assessment criteria. Information, including interest rates and annual card fees are subject to change. Correct as at 19 July 2021. Credit cards issued by National Australia Bank Limited. ©2021 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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