NAB Low Rate Visa
Learn about the NAB Low Rate’s dual introductory offers on purchases and balance transfers for six months. Enjoy a regular purchase interest rate beyond that of just 12.99% p.a..
The NAB Low Rate is perfect for anyone who has a round of spending coming up or who has a large purchase to make. You can take advantage of the cards low interest rate to ensure you don’t pay anymore than you have to. When you think that you could also be reducing an existing credit card by about 10% by making a balance transfer to the NAB Low Rate, then you can begin to understand how effective this card can be in helping you to better manage your immediate finances.
As for your longer term finances, those are catered for by the low regular interest rate on purchases of just 12.99% p.a.. Neither will you be penalised by a hefty annual fee – the NAB Low Rate charges a very reasonable $59 per year.
Key features of the NAB Low Rate
- 4.99% p.a. for 6 months on balance transfers
- 12.99% p.a. p.a. regular rate on purchases
- $59 annual card fee
- Up to 55 days interest-free on purchases
- A choice of two colours: silver or pink
- Cash transactions at 21.74% p.a. p.a.
- An additional cardholder at no extra cost
- Worldwide acceptance at over 22 million locations
- NAB Visa payWave
If you’re wondering what NAB Visa payWave is, it’s the latest contactless RFID (Radio Frequency Identification) technology that allows you to wave your credit card in front of a scanner at participating merchants rather than swipe it, sign or enter a PIN. You may even be able to pass your wallet or purse in front of the scanner without even removing your credit card. How quick is that? Naturally, to limit the possibility of fraud, payWave purchases are capped at $100. Above that amount, you do as you’ve always done: swipe it.
Your own personal circumstances will dictate how useful the NAB Low Rate introductory offer will be to you, but there is certainly the potential over the next six months for you to save yourself a significant amount of money if you transfer your current credit card balance to the card
Editors Choice: Featured Credit Card Deals
| Interest Rate (p.a.) | Balance Transfer Rate (p.a.) | Annual fee | Cash Advance Rate (p.a.) | ||
|---|---|---|---|---|---|
 Citibank Clear Platinum Card | 11.99% | 0% for 12 months with 3% handling fee | $99 | 21.74% |
|
 HSBC Credit Card | 17.99% | 0% for 8 months with 2% handling fee | $0 | 21.99% |
|
 ANZ Platinum Credit Card | 0% for 6 months (reverts to 19.39% ) | 0% for 6 months | $0 annual fee for the first year ($87 thereafter) | 20.99% |
|
 Bankwest Breeze MasterCard | 0% for 6 months (reverts to 10.99% ) | 4.99% for 9 months | $49 | 21.99% |
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