Card Features
Card Issuer
NABLow Rate Visa Card
The Low Rate Card does exactly what its called - offers a great low rate on purchases and also currently offers a competitive balance transfer rate which reverts to the purchase rate after those offer expires.
NAB also offer 55 days interest free shopping if you pay your balance on time and the Visa also features Pay Wave for quick and easy transactions under $100
Rates & Fees
| Interest Rate | Balance Transfer | Annual Rate | Interest Free |
|---|---|---|---|
| 12.99%p.a. | 4.99%6 months | $59 | 55 days |
Key Features
- 4.99% p.a. on balance transfers for 6 months
- Visa Pay Wave for fast transactions
- 55 days interest free on purchases
- Additional card holder free
Pros & Cons
Pros
- Good introductory balance transfer rate
- Good ongoing purchase rate
- 55 days interest free on purchases
- Free extra card holder
- Balance transfer
Cons
- Other balance transfer offers are more competitive
Similar Cards
| Product Name | Purchases | Balance Transfer | Annual Fee | |
|---|---|---|---|---|
|
|
0%p.a | 0%6 months | $99 |
|
|
13.24%p.a | 0.99%6 months | $55 |
Terms and Conditions
Terms and conditions available on application. Fees and charges are payable. Approval and credit limit is subject to NABs credit assessment criteria.
A credit card offers you great flexibility and convenience. But its 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.
Offer only available for new approved applicants who apply by 14 December 2011. Offer is not available when closing/transferring from another NAB credit card account or in conjunction with any other NAB credit card offer. Offer is not available to NAB staff under Employees Choice. The 2.99%p.a. purchase rate applies for 12 complete monthly statements from the date the account is opened. If at the end of the promotional period any purchase amounts are owing, those amounts will attract the interest rate for purchases (the NAB Purchase Indicator Rate as advertised from time to time, currently 12.99%p.a.) then applicable to your NAB credit card account. 2.99%p.a. purchase rate excludes cash advances and balance transfers.
Annual card fee subject to change. Correct as at 8 September 2011.
Interest free days on purchases if you pay your account in full by the due date each month.
Additional cardholder must be 16 years of age or older. All transactions using the additional card will be the responsibility of the primary cardholder.