NAB Rewards Signature Card with Velocity

$24 monthly fee
65,000 points
$15,000 min limit
0.75 points per dollar
Spend $3,000 in 60 days

Offer Details

PremiumOffer Ended

First Year Points

65,000 points

Velocity

Second Year Points

25,000 points

Minimum Spend

$3,000

within 2 months

Ongoing Earn Rate

0.75x points per $1 spent

Fees

Monthly Fee

$24 per month

Equivalent to $288 annually

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.

CraigCraig's Analysis
+65,000sign-up bonus
+2,250from $3,000 spend
=67,250Velocity points
×1.7¢per point
=$1,143point value
$96first-year fees
=$1,047est. first-year value

Bonus Difficulty

Easy

●○○

$50 per day required

First Year Cost

$96

4 months of fees - assuming you keep the card for the bonus period (2 months) + 2 statements (waiting for points to arrive in your account)

Estimated Bonus Value

$1105

Based on 1.7000000000000002¢ per Velocity point

Earn Rate

Good

●●●○

0.75x Velocity points per $1

Did this help you make a decision?

$204 of profit after meeting spend requirements
+ $300 Coles gift cards
- $96
4 months of fees - assuming you keep the card for the bonus period (2 months) + 2 statements (waiting for points to arrive in your account)

$100
x 3
in Coles gift cards, $300 total, with 2,861 points remaining.

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 →

History
  • Bonus changed from 60K to 65K, Second Year Bonus from 20K to 25K, Annual Fee from $145 to $288, Second Year Annual Fee from 295 to 288, Points Per Dollar from 0.625 to 0.75
    2 years ago
  • Expiration changed from no expiration to
    2 years ago
  • Card added, 60k bonus, $145 annual fee
    2 years ago
Craig

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— Craig