Important disclosure
Pros and cons
For Low Rate Card
Benefits
- Lower than average ongoing variable purchase rate
- $0 annual fee in the first 12 months and $59 p.a thereafter.
- Apple Pay, Google Pay and Samsung Pay available
Drawbacks
- No reward program
- Does not offer free supplementary cards
NAB Rate Credit card overview
For Low Rate Card
Details
Card Level Standard | Card Type Visa |
Interest Free Days 55 | Minimum monthly repayment 2% or $25 |
Minimum credit limit $1k | Maximum credit limit No set max |
Free supplementary cards | Instant Approval |
Target Market Determination Visit National Australia Bank Limited to view Target Market Determination. |
Fees
Annual Fee $0 for 12 months then $59 thereafter | Annual Fee Spend Waiver |
Supplementary card annual fee $0 | Late Payment Fee $15 |
Over limit fee $0 | Duplicate statement fee $7 |
Electronic Wallet Service
Important Rates
Rates
Purchase Rate 13.49% p.a |
Cash advance rate 21.74% |
Cash advance fee 3% or $3 |
Balance Transfer
Balance Transfer Rate 0% p.a |
Transfer Limit 90% Minimum monthly repayments required. |
Balance Transfer Fee 3% |
Overseas spending
Foreign Exchange Fee 3% on Visa |
Overseas charges $5 |
Estimated ATM Cost $14 for AU $300 withdrawal |
Rewards
Program name |
Rewards Available - |
Eligibility
Minimum age 18 |
Minimum income |
Eligibility conditions - |
Residency |
- Balance Transfer 0% p.a. for 28 months on balance transfers.