Credit card review
NAB Low Rate Credit Card Review
Review the card’s interest rate, fees, possible benefits, requirements and application process.
How does the NAB Low Rate Credit Card work?
The NAB Low Rate Credit Card is designed for eligible customers looking for a lower purchase interest rate than other cards offered by NAB.
It does not earn rewards points, but it may provide an interest-free period on qualifying purchases when the closing balance is paid according to the applicable conditions.
Main features and possible benefits
Lower purchase rate
NAB describes this product as its lowest purchase-rate personal credit card.
Interest-free days
Up to 55 interest-free days may apply to qualifying purchases.
Digital wallet
Eligible customers may add the digital card to a compatible mobile wallet.
Security resources
The card includes fraud monitoring and emergency card assistance.
Fees and important conditions
| Annual card fee | $99 according to NAB’s currently published information. |
|---|---|
| Purchase interest rate | 13.49% p.a., scheduled to become 13.99% p.a. from 1 October 2026. |
| Minimum credit limit | $1,000, subject to NAB’s approval and assessment. |
| Interest-free period | Up to 55 days on qualifying purchases when payment conditions are met. |
| Rewards points | This card does not earn NAB Rewards Points. |
NAB has announced changes to certain interest rates from 1 October 2026. Promotional offers can also change or end. Confirm the current information directly with NAB.
General application requirements
- Applicants must generally be at least 18 years old.
- A regular income may be required.
- Applicants must meet NAB’s residency and identification requirements.
- Identification and financial information may be requested.
- Applications remain subject to NAB’s credit assessment.
How to apply
Visit the official NAB Low Rate Card page.
Compare the available offers and current conditions.
Review the fees, rates and eligibility requirements.
Complete the online application with accurate information.
Provide any identification or financial documents requested by NAB.
Continue on the official NAB website
Confirm the latest rates, fees, offers and eligibility requirements directly with NAB.
Visit the official NAB website
You will be redirected to the card issuer’s website
This website is not NAB and does not issue credit cards or approve applications. Rates, fees, limits, approval and conditions are determined exclusively by National Australia Bank.