Important disclosure
Purchase Rate
19.74%
p.a
Balance Transfer Rate
0%
p.a
RateCity says
“Wanting to keep ongoing costs down with your credit card? This low fee offering comes with a low annual fee and high amount of interest-free days.”
Pros and cons
For Low Fee Card
Benefits
- Lower than average annual fee
- Apple Pay, Google Pay and Samsung Pay available
- Free supplementary cards
- Purchase protection insurance
Drawbacks
- Higher than average ongoing variable purchase rate
- No reward program
NAB Rate Credit card overview
For Low Fee Card
Details
Card Level Standard | Card Type Visa |
Interest Free Days 44 | 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 $30 | 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 19.74% p.a |
Cash advance rate 21.74% |
Cash advance fee 3% or $3 |
Balance Transfer
Balance Transfer Rate 0% p.a |
Transfer Limit No set max |
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 |
Perks
- FREE SUPPLEMENTARY CARDS Supplementary cardholder must be over 16 years of age
- PURCHASE PROTECTION INSURANCE Cover lasts for 62 days per year
- Balance Transfer 0% p.a. on balance transfers for 12 months (3% BT fee applies).
- Cashback $200 cashback when you spend $1,500 on purchases within 90 days from account openingT & C applies.