NAB - Low Rate Business Card
The NAB Low Rate Business Card offers 0% interest on purchases for the first 12 months which will then revert to 13.25% p.a. after the first year. This card also has up to 55 days interest-free on purchases. It has a cash advance rate of 13.25% p.a. The minimum credit limit for this card is $5,000.
A waived annual fee for the first year reverting to $60 thereafter.
Annual Fee
$0 for the first year reverts to $60 per year thereafter
Cash Advance Rate
13.25% p.a.
Purchase Rate
0% for 12 months reverts to 13.25% p.a.
Interest Free Period
up to 55 days
Details
Card Type
Visa
Interest Free Period
up to 55
days
Minimum Credit Limit
$5,000
Fees
Annual Fee
$0 for the first year
reverts to $60 per year thereafter
Late Payment Fee
$15
per statement
Cash Advance Fee
3% or $3
per transaction, whichever is greater
Rates
Purchase Rate
0% for 12 months
reverts to 13.25% p.a.
Cash Advance Rate
13.25% p.a.
Overseas Spending
Foreign Currency Conversion Fee
3%
per transaction
Eligibility
Minimum Age
18
years old
Temporary Residents
No
Perks
Complimentary Travel Insurance
No
Airport Lounge Access
No
Who is the product designed for?
Visit NAB to view Target Market Determination
Visit NAB to view Target Market Determination Effective From: 2021-10-05.
