NAB Low Rate Card – loan
Credit Card up to $30 000
Applying does not commit you to a contract.
Properties of this loan
- Credit Card up to $30 000
- Term 1 – 12 months
NAB (National Australia Bank) is one of Australia's "big four" banks, listed on the ASX and regulated by APRA. It is one of the largest business lenders in the country alongside its full retail banking range.
The NAB Low Rate Card is a straightforward credit card designed around a lower ongoing interest rate rather than rewards points, making it a better fit for customers who sometimes carry a balance rather than paying in full every month. It typically carries a lower annual fee than NAB's rewards cards too.
It still includes standard card features such as contactless payment, a NAB banking app and fraud monitoring, just without a points program.
✓ Pros
- Lower ongoing interest rate than typical rewards credit cards
- Lower annual fee than premium rewards cards
- Standard security features and NAB app integration
- Useful for occasional balance carrying without excessive interest cost
✗ Cons
- No rewards points or travel perks
- Interest still applies if the balance isn't cleared each statement period
- Cash advances attract a separate, higher rate and fees
How to apply
- Choose your card
- Apply for your card
- Get the card
Loan requirements
- ✓ 18 years or older
- ✓ Australian resident for tax purposes
- ✓ Regular income
- ✓ Satisfactory credit check
- ✓ No current default or bankruptcy in some cases
Frequently asked questions
24 hours
The minimum loan amount at NAB Low Rate Card is $1,000.
About National Australia Bank Limited
| Company | National Australia Bank Limited |
|---|---|
| Address | 700 Bourke St, Docklands VIC 3008 |
| Website | https://www.nab.com.au |