NAB Rewards Platinum Card with Velocity
Offer Details
First Year Points
70,000 points
Velocity
Second Year Points
20,000 points
With $195 annual fee
Minimum Spend
$4,000
within 3 months
Ongoing Earn Rate
0.50x points per $1 spent
Fees
First Year Annual Fee
$195
Ongoing Annual Fee
$195
From year 2 onwards
Note: Additional fees may apply for cash advances, foreign transactions, overlimits, and late payments. Check the issuer's terms and conditions for complete fee details.
Benefits
- Travel Insurance
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Complimentary international travel insurance included with NAB Rewards Platinum and Signature Cards.
- No International Transaction Fee
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Fee-free international transactions on NAB Rewards Signature Card.
- Entertainment Benefits
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Special offers with Visa Premium Access and Visa Entertainment including pre-sale tickets and member promotions for NAB Rewards Signature Cardholders.
- Rewards Program Elite Status
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Automatic monthly transfer of NAB Rewards Points to Velocity Points at a rate of 2 NAB Rewards Points = 1 Velocity Point for both NAB Rewards Platinum and Signature Cards.
- Concierge Service
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NAB Concierge Service available to Platinum cardholders on 1300 730 213, 24 hours a day 7 days a week; provided by Visa Worldwide or International SOS
- Points Transfer Benefits
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NAB Rewards Points automatically redeemed and transferred to Velocity each month at 2 NAB Rewards Points = 1 Velocity Point; requires providing Velocity membership number to enrol in Auto Redemption
- Mobile Phone Insurance
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Complimentary mobile phone insurance covering accidental damage and theft to an eligible mobile phone for NAB Rewards Platinum cardholders; phone must be on a monthly billing plan paid using the eligible NAB card; underwritten by AIG Australia
- No Additional Cardholder Fee
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Add an additional cardholder at no extra cost; additional cardholder must be 16 years or older
- Interest Free Periods
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Up to 44 interest free days on purchases when the account is paid in full (or the interest free days payment) by the monthly due date
- Balance Transfer Offers
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0% p.a. for 12 months on standard balance transfers, 3% balance transfer fee; unpaid balance transfers revert to the variable cash advance rate after 12 months
- Lounge AccessLoungeKey
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Complimentary Delayed Flight Lounge Pass: when a registered flight is delayed more than 60 minutes, a lounge access voucher is emailed for the cardholder plus up to 4 travel companions at select LoungeKey airport lounges (or a dollar credit off dining where no lounge is available); flights must be registered in advance via the NAB service website
Benefit history
- Lounge AccessUpdated May 2026
- Interest Free PeriodsUpdated May 2026
- Concierge ServiceUpdated May 2026
- No Additional Cardholder FeeUpdated May 2026
- Balance Transfer OffersUpdated May 2026
- Mobile Phone InsuranceUpdated May 2026
I'd like to use my bonus for:
Craig's AnalysisBonus Difficulty
Easy
●○○$44 per day required
First Year Cost
$195
annual fee
Earn Rate
Average
●●○○0.50x Velocity points per $1
Did this help you make a decision?
Can I get this bonus if I've had a card from NAB before?
You generally need to wait 24 months after your last NAB sign-up bonus before you can earn this one.
See exclusion periods for every Australian issuer →- Expiration changed from 31/07/24 to 31/10/24, Second Year Bonus from 10K to 20K2 years ago
- Expiration changed from no expiration to 31/07/24, Bonus from 40K to 60K, Annual Fee from $45 to $952 years ago
- Expiration changed from 31/01/24 to no expiration, Bonus from 60K to 40K, Annual Fee changed from $95 to $452 years ago