Rewards Cards

*Important Information

Offer is only available for applications submitted via nab.com.au/creditcards between 6/8/08 and 12/09/08. Offer is not available when closing or transferring from another NAB Credit Card Account, when linking your NAB Credit Card to any NAB Package or in conjunction with any other NAB Credit Card offer.

Special Promotion Balance Transfer Terms and Conditions, available on application, detail the processing and treatment of balance transfer amounts. The cash advance interest rate applicable to your NAB Credit Card Account will apply to balance transfer amounts unpaid after 6 months. For NAB Low Rate Visa Cardholders, please note the cash advance interest rate applicable to your NAB Credit Card Account is higher than the purchase interest rate. The promotional rate of 0%p.a. for up to six months on balance transfer amounts must be applied for at the point of full credit card application.

1. Velocity Membership and Points earn and redemption are subject to Velocity Terms and Conditions as amended from time to time, and available online at velocityrewards.com.au. The Velocity Program is operated by Velocity Rewards Pty Ltd ACN 116 089 448 as trustee of The Loyalty Trust.  Please note: NAB requires your valid Velocity Membership Number so that any points you earn are automatically credited to your Velocity Rewards Account each month, within 2 business days following the issue of your next credit card statement.  Excludes cash advances (including bills paid over the counter at a bank, financial institution or post office and purchases of travellers cheques) or when a Velocity NAB Gold Card or Velocity NAB Standard Card is used as a debit card to access linked accounts or transactions we decide are wholly or partly for a business purpose. Also excludes fees and charges (including government fees and charges), interest charges, transactions which are disputed, fraudulent or involve abuse of your Velocity NAB Gold Card account or Velocity NAB Standard Card account, payments and purchases which are refunded or reimbursed.
2. Annual card fee and interest rates are subject to change. Correct as at 20 May 2008. View full details of fees and charges.
3. Velocity Air Rewards exclude taxes, fees and surcharges payable at the time of making a redemption booking. 
4. Membership of the Qantas Frequent Flyer Program is subject to the Terms and Conditions of the Qantas Frequent Flyer program. A joining fee applies. Requests for redemptions must be in multiples of 1,000 Qantas Frequent Flyer points.
5. National Australia Bank Limited has obtained NAB Gold Overseas Travel Insurance, Purchase Protection Insurance and Extended Warranty Insurance under Master Policies issued by American Home Assurance Company ABN 67 007 483 267, AFSL 230903, trading as AIG Australia. The benefits are extended to NAB Visa Gold, NAB Gold MasterCard, NAB Gold Rewards Visa, NAB Gold Rewards MasterCard and Velocity NAB Gold American Express Card cardholders. The terms, conditions and exclusions of NAB Gold Overseas Travel Insurance, Purchase Protection Insurance and Extended Warranty Insurance are specified in the NAB Gold Insurance Policy Document [PDF 123kb] (opens in a new window) and may be amended from time to time. Please note: for Emergency and Medical Assistance while travelling overseas - please contact AIG Assist on reverse charge call to Australia + 61 2 9251 4298. This overseas assistance service is subject to the terms and conditions of the NAB Gold Insurance Policy Document.
6. All travel is booked through the travel rewards provider, Harvey World Travel Service Centre ABN 77 094 188 100.
7. Excludes cash advances (including bills paid over the counter at a bank, financial institution or post office and for the purchase of travellers cheques). Up to 44 days interest free on purchases if you pay your account in full by the due date each month. 
8. This Special Promotion rate of 3.99% p.a. for Velocity NAB Credit Cards will apply to any balance transfer amount for the period from the time the balance transfer is made to your NAB Credit Card account for six complete monthly statement periods, unless these amounts are paid off earlier. These balance transfer amounts are designated as cash advances under the terms and conditions applicable to your NAB credit card account. If at the end of the six month statement period applicable to any balance transfer amount any portion of that amount is owing, that amount will attract interest at the Cash Advance Indicator Rate then applicable to your NAB Credit Card account. Payments to your account will be applied to the balance transfer amounts before any other cash advance or purchase amounts and in the order detailed the terms and conditions applicable to your NAB credit card account. Please note the promotional rate for up to six months on balance transfer amounts must be applied for at the point of full credit card application. This rate will appear separately on your card statement and only applies to balance transfers from non-NAB credit card (or store) accounts. NAB reserves the right to withdraw this special balance transfer invitation at its discretion.
9. Gross income must be $50,000 p.a. or more.

Other Important Information
Approval is subject to NAB's credit assessment criteria. Terms and conditions are available on application. Fees and charges apply.

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.

® Registered Trade Mark of American Express Company