Card

NAB Rewards Signature Card with Velocity

Offer

NAB Rewards Signature Card with Velocity

Public offer

Last published terms

Ended. These terms are no longer available.

Published 30 Jun 2024

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

This offer is currently unavailable.

Source wording history

Offer terms

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
→$300in Coles gift cards
−$96first-year fees
=$204first-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)

Bonus Value

$300

67,250 points redeemed in Coles gift cards

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 →

Offer terms history

These are published versions of this offer's terms. Each version preserves the conditions available at that time.

Published 30 Jun 2024

Ended 18 Dec 2024

First recorded terms

Bonus Velocity:
65,000
Minimum Spend:
$3,000 in 60 days

Saved notes

Earlier notes about this offer. Note dates are separate from terms publication dates.

  • 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
    3 years ago
  • Card added, 60k bonus, $145 annual fee
    3 years ago
Craig

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— Craig