NAB Low Rate Credit Card (Balance Transfer Offer)

Not available for application via this website

NAB Low Rate Credit Card (Balance Transfer Offer)

3.3

Balance transfer

24 months at 5.99% p.a.

Purchase rate

13.49% p.a. ongoing

Interest-free days

Up to 55 days on purchases

Annual fee

$0.00 for 1st year

Highlights

  • Get 5.99% p.a. on balance transfers for 24 months with no balance transfer fee. Reverting to a variable cash advance rate of 21.74% p.a. after the promotional period.
  • Pay no annual fee in the first year, then just $59 per year after—an affordable way to help keep your costs in check.
  • Apply online in minutes and get a response in 60 seconds.

Pros and cons

Pros

  • The card has a variable purchase rate of 13.49% p.a.
  • Add a cardholder at no extra cost.
  • The credit limit starts at $1,000, making it a good option for those seeking a manageable starting limit.
  • Unlock exclusive offers on shows, events, and movies with your Visa Credit Card.
  • Includes Fraud protection.
  • Compatible with Apple Pay, Google Pay, Fitbit Pay, Garmin Pay and Samsung Pay.

Cons

  • This card doesn’t have a rewards program, but it may suit those who prefer a straightforward, no-frills option.
  • There is no complimentary insurance, which is typical for a low-rate credit card, but it could still be a good option if you're looking for a low-cost choice.

About this credit card

Basics

Card usage

Apple Pay Enabled
Yes
Card Type
Visa
Gambling Transactions Allowed
No
Samsung Pay Enabled
Yes

Eligibility

Joint Application Accepted
No
Minimum Age
18 years
Minimum Credit Rating
Below Average, Fair, Good, Very Good, Excellent
Minimum Income
N/A
Temporary Residents Accepted
Yes

Additional cardholders

Additional Cardholders
1
Additional Card Fee Ongoing
$0.00

Credit limits

Minimum Credit Limit
$1,000.00
Maximum Credit Limit
$30,000.00

Repayments

Interest Charged From
Purchase date
Interest Free Period
Up to 55 days on purchases
Minimum Repayment Percentage
2%

Balance transfers

Balance transfer offer

Balance Transfer Rate
5.99%
Balance Transfer Period
24 months
Balance Transfer Fee Percentage
0%

Balance transfer conditions

Balance Transfer From Personal Loan
No
Balance Transfer Limit Percentage
90%
Balance Transfer Revert Rate
21.74%

Rates, fees, charges

Cash advances

Cash Advance Rate
21.74% p.a.
Cash Advance Fee
$3.50
Cash Advance Fee Percentage
3.5%
Cash Advance Fee Threshold
N/A

Purchases

Purchase Rate Introductory Offer
N/A
Purchase Rate Introductory Period
N/A
Purchase Rate Ongoing
13.49% p.a.

Account fees

Annual Fee Initial Year
$0.00
Annual Fee Ongoing
$59.00
Dishonour Fee
$30.00
Duplicate Statement Fee
N/A
Foreign Exchange Fee Percentage
3%
Late Payment Fee
$20.00

Rewards

Rewards program basics

Rewards Program
N/A
Rewards Program Annual Fee Initial Year
N/A
Rewards Points Expiry
N/A

Rewards points per $1 spent

Domestic Rewards Points Earn Rate
N/A
Government Rewards Points Earn Rate
N/A
Overseas Rewards Points Earn Rate
N/A

Additional perks

Insurance

Cardholder's Domestic Hotel Burglary Insurance
No
Cardholder's Extended Warranty Insurance
No
Cardholder's International Travel Insurance
No
Cardholder's Interstate Flight Inconvenience
No
Cardholder's Personal Item Theft Cover
No
Cardholder's Price Protection Insurance
No
Cardholder's Purchase Protection Insurance
No
Cardholder's Refund Protection
No
Cardholder's Transport Accident Insurance
No

Travel and lifestyle

Airport Lounge Access Included
No
Concierge Service Included
No
Complimentary Flight Voucher Included
No
Complimentary QFF Membership Included
N/A

History

    User reviews

    Convenience

    Customer service

    Rates and fees

    Rewards

    Trust

    Okay card, no complaints

    Reviewed by Kelly


    Makes shopping so much easier with payWave

    Reviewed by Lisa


    No extra hidden charges

    Reviewed by Linda


    Awesome service

    Reviewed by Meredith


    This one seems pretty good

    Reviewed by Cath


    Low fees and easy to use

    Reviewed by Trish


    Why you should apply

    Reviewed by nab visa pay wave


    A good choice credit card

    Reviewed by kerri


    Extremely happy with NAB

    Reviewed by Exceptional NAB


    Easy banking, less hassle

    Reviewed by Jamie


    Happy with my credit card

    Reviewed by Kerry Lee Crocker


    Good service

    Reviewed by Ian


    Good credit card rates to get me out of debt

    Reviewed by Mandy


    Best credit card I've ever had

    Reviewed by Kat


    Good value for money

    Reviewed by Jaco


    Generally happy with the card

    Reviewed by Maxy


    I wish I went with a different bank

    Reviewed by Sandra


    Excellent card

    Reviewed by Jane


    Supportive customer service, generally pleased

    Reviewed by Kate supports nab


    Love it

    Reviewed by Debbie


    Great all rounder

    Reviewed by Matt


    A simple, no frills card

    Reviewed by Case27


    This card is super easy to use

    Reviewed by Patricia Miinchow


    It helps me out when I have little emergencies.

    Reviewed by Skits


    I have a pink credit card

    Reviewed by Sixela


    Very happy with this card

    Reviewed by I Faber


    Helps me out when I have little emergencies

    Reviewed by Skits


    Good for emergencies

    Reviewed by Skits


    Unhappy, wish I never had this

    Reviewed by Angela


    I'm happy with my credit card

    Reviewed by Mark Millikin


    Not much help when things go wrong

    Reviewed by Dave


    Could be better

    Reviewed by Anon


    No dramas!

    Reviewed by Cristie


    I saved a lot of money

    Reviewed by Paula


    I love the customer service

    Reviewed by Marie


    I saved a lot of money with the interest rate

    Reviewed by Brendon


    Pleased with my credit card

    Reviewed by Mihaela


    Great low rate card!

    Reviewed by Adam


    I give them "credit"!

    Reviewed by Melissa


    Use as little as possible

    Reviewed by Stewart


    Average card

    Reviewed by Malik


    The best card for low earners!

    Reviewed by Leannee


    More money in my pocket

    Reviewed by Kristi


    Easy to use for small purchases

    Reviewed by Alison


    A good card

    Reviewed by Melissa


    It works for me

    Reviewed by Jacob


    It is OK, but not the cheapest

    Reviewed by Khoa


    Balance transfer used to pay off debt

    Reviewed by J


    Great security and service

    Reviewed by Debbie


    Overall good emergency card

    Reviewed by Ella


    Fantastic if you don't want to spend a lot

    Reviewed by Sonja


    Low fees, low interest.

    Reviewed by Nicholas


    Quality low rate card

    Reviewed by D


    Great, low-cost card, and easy to manage

    Reviewed by Caroline


    Convenient for direct debits and emergencies

    Reviewed by Hazel


    Reasonable, steady interest rate

    Reviewed by Michael


    Great credit card for the first timer

    Reviewed by Thomas


    Could be better

    Reviewed by Mitchell


    Good for emergency expenses on low income

    Reviewed by Leanne


    Never fails, excellent service

    Reviewed by Veronica


    The best credit card for all kinds of uses

    Reviewed by Christopher


    Low interest, easy to understand

    Reviewed by Rachel


    Interest-free period on purchases, but no rewards

    Reviewed by Ben


    Low revert rate on interest-free balance transfer

    Reviewed by Rhys


    They won't increase my limit

    Reviewed by Frank


    OK, but lack of rewards is disappointing

    Reviewed by Rupert


    Great interest saving card

    Reviewed by Belinda


    They listened to my complaint about interest rate

    Reviewed by Tyron


    Cheap and easy

    Reviewed by Ellen


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    This credit card is listed in these comparisons

    As seen on

    Media - The Sydney Morning Herald
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    Media - News.com.au
    Media - Daily Mail Australia
    Media - Australian Fintech
    Media - Dynamic Business