NAB Low Rate Credit Card Application
4.99% p.a. on balance transfers for 6 months which reverts to the low ongoing rate of 13.24% p.a.
NAB Low Rate Credit Card Rates and Fees
Purchase rate
12.99% p.a. on purchases
Balance transfer rate
4.99% p.a. for 6 months
Cash advance rate
21.74% p.a. on cash advances
Annual fee
$49
Pros
Cons
- 4.99% p.a. on balance transfers for 6 months
- Balance transfer reverts to the low ongoing rate of 12.99% p.a.
NAB Low Rate Credit Card Application Criteria
- You must be at least 18 Years of Age
- You must be a Permanent Resident or Australian Citizen
- You must have a Good Credit History
- You must earn the Minimum Income Required
Terms and Conditions
Terms and conditions available on application. Fees and charges are payable. Approval and credit limit is subject to NAB’s credit assessment criteria.
A credit card offers you great flexibility and convenience. But it’s important to remember, like any debt, you will have to repay it. If you are unsure as to whether you will be able to manage repayments for a new credit card, then you should not consider taking up a NAB credit card at this point in time.
Offer only available for new approved applicants who apply by 14 December 2011. Offer is not available when closing/transferring from another NAB credit card account or in conjunction with any other NAB credit card offer. Offer is not available to NAB staff under Employees’ Choice. The 2.99%p.a. purchase rate applies for 12 complete monthly statements from the date the account is opened. If at the end of the promotional period any purchase amounts are owing, those amounts will attract the interest rate for purchases (the NAB Purchase Indicator Rate as advertised from time to time, currently 12.99%p.a.) then applicable to your NAB credit card account. 2.99%p.a. purchase rate excludes cash advances and balance transfers.
1. Annual card fee subject to change. Correct as at 8 September 2011.
2. Interest free days on purchases if you pay your account in full by the due date each month.
3. Additional cardholder must be 16 years of age or older. All transactions using the additional card will be the responsibility of the primary cardholder.