NAB Rewards Platinum Card with Velocity
$195 first year annual fee
70,000 points
$6,000 min limit
0.50 points per dollar
Spend $4,000 in 90 days
Offer Details
Mid-Tier
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.
I'd like to use my bonus for:
Craig's Analysis70,000 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
Earn Rate
Average
●●○○0.50x Velocity points per $1
Did this help you make a decision?
$105 of profit after meeting spend requirements
+ $300 Coles gift cards
- $195
annual fee
$100
x 3
in Coles gift cards, $300 total, with 7,611 points remaining.
OzBargain discussion for this card
History
7 Feb 2026
0 changes
2 Feb 2026
1 changes
Bonus:
60,00070,000
16 Nov 2025
0 changes
16 Nov 2025
4 changes
Expiration Date:
30 Sep 2025
Annual Fee:
$95$195
Spend For Bonus:
1,0004,000
Bonus Period:
6090
1 Nov 2025
1 changes
Points Per Dollar:
1.000.50
14 Jul 2025
2 changes
Expiration Date:
31 Jul 202530 Sep 2025
Points Per Dollar:
0.501.00
15 Dec 2024
2 changes
Expiration Date:
31 Jul 202431 Jul 2025
Interest Rate:
21.0020.99
14 Aug 2024
1 changes
Second Year Bonus:
10,00020,000
- 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
