RWRDS
Image of NAB Rewards Platinum Card with Velocity (Velocity Bonus Offer) credit card

NAB Rewards Platinum Card with Velocity (Velocity Bonus Offer)

$195 first year annual fee
70,000 points
$6,000 min limit
0.50 points per dollar
Spend $4,000 in 90 days
Open credit card website

Offer Details

Mid-TierOffer Ended

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
Complimentary international travel insurance included with NAB Rewards Platinum and Signature Cards.
Mobile Phone Insurance
Complimentary mobile phone insurance covering accidental damage and theft for NAB Rewards Signature Cardholders with monthly billing arrangement using the card.
Balance Transfer Offers
0% p.a. for 12 months standard balance transfer rate with 3% balance transfer fee on NAB Rewards Platinum and Signature Cards.
No Additional Cardholder Fee
Additional cardholder can be added at no extra cost on both NAB Rewards Platinum and Signature Cards.
Concierge Service
NAB Concierge Service available 24/7 for cardholders of both NAB Rewards Platinum and Signature Cards.
No International Transaction Fee
Fee-free international transactions on NAB Rewards Signature Card.
Interest Free Periods
Up to 44 interest free days on purchases for both NAB Rewards Platinum and Signature Cards.
Lounge Access
Complimentary delayed flight lounge pass for NAB Rewards Signature Cardholders, includes access for cardholder plus up to 4 travel companions to select airport lounges or dining options during flight delays.
Entertainment Benefits
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
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.
CraigCraig's Analysis
70,000 bonus + 2,000 from $4,000 spend
72,000 Velocity pts × 1.7¢/pt = $1,224
− $195 first year fees
Est. profit $1,029

Bonus Difficulty

Easy

●○○

$44 per day required

First Year Cost

$195

annual fee

Estimated Bonus Value

$1190

Based on 1.7000000000000002¢ per Velocity point

Earn Rate

Average

●●○○

0.50x Velocity points per $1

Did this help you make a decision?

View Exclusive Offer Details

Velocity Frequent Flyer bonus offer. Activate offer on the VFF portal before applying. Includes 10,000 extra bonus Velocity Points from VFF activation on top of the standard 70,000 Velocity Points card offer. Requires Auto Redemption to be turned on to convert NAB Rewards Points to Velocity Points automatically.

Craig

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— Craig