NAB Low Fee Card

Special offers

0% p.a. for 6 months2 on Balance Transfers. Once off 2% balance transfer fee applies.

Other features

Card Type Visa
Minimum Income N/A
Minimum Credit Limit $1,000
Maximum Credit Limit $2,500
Minimum Monthly Repayment 2% or $2.50, whichever is greater.
Complimentary Travel Insurance Yes
Extended Warranty No
Available to Temporary Residents No
Additional Card Holders Yes
Foreign Exchange Fees Yes
Interest Rate 19.74% p.a.
Interest Free Days on Purchases Up to 44 days
Cash Advance Rate 21.74% p.a.
Balance Transfer Rate 0% p.a. for
6 months

reverts to 21.74% p.a.
2% balance transfer fee applies

Balance Transfer Fee 2%
Annual Fee $30 p.a.
Late Payment Fee $15
General Terms & Conditions

Important Information

1. Interest-free days on purchases applies if you pay your account in full by the due date each month. You won’t receive interest free days if you have a balance transfer. However, from 30 March 2020 you may still receive the benefit of interest-free days on purchases if you have an outstanding balance transfer, if you pay the ‘interest-free days payment’ specified on your monthly statement in full by the due date each month. For more information visit nab.com.au/btchange.

2. After 6 months, any unpaid balance transfers will attract the standard cash advance rate (currently 21.74% p.a as at 25 February 2019). Interest rates are subject to change and available at www.nab.com.au. Interest free days on purchases do not apply while you have a balance transfer. However from 30 March 2020 you may still receive the benefit of interest-free days on purchases if you have an outstanding balance transfer, if you pay the ‘interest-free days payment’ specified on your monthly statement in full by the due date each month. For more information visit nab.com.au/btchange. Minimum monthly repayments must be made by the due date each month. 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. Standard balance transfer rate and term may be varied or withdrawn at any time.

3. Complimentary insurance covers: AWP Australia Pty Ltd ABN 52 097 227 177 AFSL 245631 (trading as Allianz Global Assistance) under a binder from the insurer, Allianz Australia Insurance Limited ABN 15 000 122 850 AFSL 234708 has issued an insurance group policy to National Australia Bank Limited ABN 12 004 044 937 AFSL and Australian credit licence 230686 (NAB) which allows eligible NAB account holders and cardholders to claim under it as third party beneficiaries. Access to the benefit of cover under the NAB card insurances is provided to eligible NAB cardholders 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. The eligibility criteria, terms, conditions, limits and exclusions of the group policy are set out in the NAB Card Insurance Policy information booklet  and in the NAB Purchase Protection Insurance Policy information booklet  which may be amended from time to time. NAB does not guarantee this insurance.
Credit card terms and conditions. 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 25 February 2019 and subject to change. Credit cards issued by National Australia Bank Limited. ©2020 National Australia Bank Limited ABN 12 004 044 937 AFSL and Australian Credit Licence 230686.