- 0% p.a. on balance transfers for 6 months
- $30 annual fee
- Additional card holder at no cost
- Purchase protection cover
- Tap and pay your way. Enabled for Apple Pay, Google Pay, NAB Pay, Fitbit Pay, Garmin Pay and Samsung Pay
Keeping it nice and simple, the NAB Low Fee Credit Card is a great credit card to keep in your wallet, knowing that it doesn’t cost much to keep it there. With a low annual fee, this card doesn’t offer an abundance of features, but it does provide the basics – and it has a balance transfer offer on the go, giving you 0% p.a. on balance transfers for 6 months.
If you’re searching for balance transfer offers, what’s on offer on this card may just grab your attention. As a new cardholder, you could benefit from 0% p.a. on balance transfers for 6 months, as long as you are approved and apply for the balance transfer at the point of credit card application.
Giving you the opportunity to save some serious money on interest, this balance transfer offer could help you pay down existing credit card debt much faster. And while you’re doing that, you know that the NAB Low Fee Credit Card won’t break the bank in annual fees. In fact, this card has NAB’s lowest annual fee, and even allows for one free additional cardholder as well.
If you want to save on everyday spending, you can take advantage of up to 44 days interest free on purchases. Whether buying big or small, this can help to save some cash, as long as you understand how the offer works. For example, you need to pay your account in full by the due date each month to be eligible, and all balance transfers must be paid off.
It’s worth remembering that even simple money-savers have small print. If you choose to take advantage of the card’s balance transfer offer, you will pay a 2% balance transfer fee. This one-off fee is calculated as a percentage of the total balance transferred, and will be added to your NAB credit card account when the balance transfer is processed.
Another important point to mention is the fact that any transferred balance left unpaid at the end of the introductory period will revert to the cash advance rate. As the NAB Low Fee Credit Card has a relatively high purchase rate and cash advance rate, it’s best to avoid interest charges altogether, by clearing the transferred balance within 6 months, and paying the monthly balance in full each statement period before interest starts accruing.
If you want a simple, low fee credit card, the NAB Low Fee Credit Card most certainly could be for you. On top of its lovely low annual fee and enticing balance transfer offer, this card provides many of the basic features you would expect from a low fee credit card.
You can benefit from complimentary Purchase Protection Insurance, providing you cover on new personal items bought on your NAB Low Fee Card that are lost, stolen or accidentally damaged within 90 days of the date of purchase. You can also enjoy special offers from Visa Entertainment, giving you access to shows, events, experiences, movies and more.
Of course, the NAB Low Fee Credit Card provides all standard credit card features as well, such as fraud protection, online security through Verified by Visa, contactless payments and 24/7 emergency assistance. And with a low minimum credit limit of $500, this card becomes a little more accessible for smaller spenders.
A simple low fee credit card offering a range of handy features, the NAB Low Fee Credit Card makes a splash with its balance transfer offer, providing 0% p.a. on balance transfers for 6 months.
Purchase rate 19.74% p.a.
Cash advance rate 21.74% p.a.
Interest free period on purchases up to 44 days
Balance transfer rate 0% p.a. for 6 months
Balance transfer revert rate 21.74% p.a.
Balance transfer from personal loan No
Balance transfer fee 2% one off
Balance transfer limit 90% of approved credit limit
Banks you can't balance transfer from NAB
Minimum credit limt $500
Maximum credit limit N/A
Annual fee $30 p.a.
Additional card holder fee $0 p.a.
Foreign transaction fee 3%
Cash advance fee 2%
Late payment fee $15
International Travel Insurance No
Flight Inconvenience Insurance No
Transit Accident Insurance No
Smartphone Screen Insurance No
Purchase Protection Insurance Yes
Extended Warranty Insurance No
Rental Vehicle Excess In Australia Insurance No
Tap and pay your way. Enabled for Apple Pay, Google Pay, NAB Pay, Fitbit Pay, Garmin Pay and Samsung Pay
Be over 18 years old
Good Credit and have not applied for multiple credit cards recently
Resident or citizen of Australia. Temporary residents are eligible.
You have your personal details ready to complete the online application
Roland B Bleyer founded Creditcard.com.au in 2005 and has extensive knowledge about credit cards. He personally answers all questions and write the editor reviews for each card here. Always keen to share his passion to educate consumers and help you select better suited credit cards.
Something you need to know about this card? Ask a our credit card expert a question.Ask a question