NAB Rewards Platinum

*This link may contain a referral. Don't worry, this will never affect the way we rank cards.

Sign Up Bonus

Spend $1,000 in 2 months to receive 120,000 points.

Additionally, you can earn 40,000 bonus points extra points if you keep your card open for a second year.

*Must not currently hold or have previously held any NAB Rewards card in the last 18 months.

*Auto-Convert must be enabled to get the 120,000 bonus points, this means the NAB Reward points will be converted to 60,000 Velocity points.

Offer ends in 23 days.

At A Glance:

Annual Fee:

$195

Points Type:

NAB Rewards

Earn Rate:

1 point per $ on everyday purchases

1.5 points per $ on groceries

2 points per $ when spending with Webjet

Pros

• Reduced first year annual card fee of $95 (existing customers only)
• Low minimum spend requirement ($1,000)
• 40,000 bonus NAB Rewards points on second year of keeping card open
• No cap on amount of points you can earn
• Points can be transferred to Flybuys, Velocity, Accor, KrisFlyer, Cathay
• Complimentary Travel Insurance

Cons

• Overseas transaction fee of 3%
• Low amount of points earnt per $ spent
• Points cannot be transferred to Qantas Frequent Flyer points
• High interest rate (21.74%)
• Must not have held a NAB credit card for 18 months prior to applying in order to get sign-up bonus