Earning and redeeming Velocity Points

Once we have your valid Velocity Membership Number, any Points you earn using your Velocity NAB Credit Card are automatically credited to your Velocity Rewards Account each month.1 You can then redeem them for Velocity Rewards.

Earning speed

Velocity NAB Gold American Express® Card earns 2 Velocity Points for every $2 spent on purchases2
Velocity NAB Gold Visa Card earns 1 Velocity Point for every $2 spent on purchases2

Velocity NAB Standard American Express® Card earns 1.5 Velocity Points for every $2 spent on purchases2
Velocity NAB Standard Visa Card earns 1 Velocity Point  for every $2 spent on purchases2

There is no points cap or points expiry as long as your Velocity Rewards Account remains active.

Redeeming Velocity Points

With Velocity, it's easy to enjoy your rewards sooner.

Once you're ready to redeem, a world of options awaits you, including the ability to book any available seat on any flight with any of the Velocity Partner Airlines, that's no black out periods and no seat restrictions! There are also redemption opportunities for flights on Virgin Atlantic, Emirates and other international airline partners3.

Check out how far your Velocity Points could take you, or for more information on Velocity Rewards visit www.velocityrewards.com.au

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  1. Within 2 business days following the issue of your next credit card statement.
  2. 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 Credit 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 Credit Card account, payments, and purchases which are refunded or reimbursed.

Other Important Information

Approval is subject to NAB'a credit assessment criteria. Terms and conditions are available on application or for download here.  Fees and charges apply. 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.

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.