Card
Offer
NAB Rewards Signature Card with Velocity (Velocity Bonus Offer)
Public offer
Last published terms
Ended. These terms are no longer available.
Published 21 May 2026
Offer terms historyThis offer is currently unavailable.
Source wording historyOffer terms
First Year Points
60,000 points
Velocity
Second Year Points
20,000 points
Minimum Spend
$5,000
within 3 months
Ongoing Earn Rate
0.75x points per $1 spent
Fees
Monthly Fee
$35 per month
Equivalent to $420 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.
I'd like to use my bonus for:
Craig's AnalysisBonus Difficulty
Moderate
●●○$56 per day required
First Year Cost
$175
5 months of fees - assuming you keep the card for the bonus period (3 months) + 2 statements (waiting for points to arrive in your account)
Bonus Value
$250
63,750 points redeemed in Coles gift cards
Earn Rate
Good
●●●○0.75x Velocity points per $1
Travel Benefits
Lounge Access
Delayed flight lounge pass
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 →VFF bonus offer. Activate on VFF portal before applying. +10,000 extra Velocity Points from VFF. Card earns NAB Rewards Points (up to 3/$1), convert to Velocity via Auto Redemption. 80k Velocity Points with Auto Redemption on and $5,000 spend in 90 days + 10k VFF extra. Monthly fee $35 reversed if $5,000+ spend per statement period.
Offer terms history
These are published versions of this offer's terms. Each version preserves the conditions available at that time.
Changes from terms version 3
Published 16 Mar 2026
Changes from terms version 2
Changes from terms version 1
First recorded terms