Image of NAB Rewards Platinum Card with Velocity credit card

Card

NAB Rewards Platinum Card with Velocity

Offer

NAB Rewards Platinum Card with Velocity

Public offer

Selected terms version

Ended. These terms are no longer available.

Published 16 Nov 2025

View current offer termsOffer terms history
$195 first year annual fee
60,000 points
$6,000 min limit
0.50 points per dollar
Spend $4,000 in 90 days

This offer is currently unavailable.

Source wording history

Offer terms

Mid-TierOffer Ended

First Year Points

60,000 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.

Benefit history

  • Lounge AccessUpdated May 2026
  • Interest Free PeriodsUpdated May 2026
  • Concierge ServiceUpdated May 2026
  • No Additional Cardholder FeeUpdated May 2026
  • Balance Transfer OffersUpdated May 2026
  • Mobile Phone InsuranceUpdated May 2026
CraigCraig's Analysis
+60,000sign-up bonus
+2,000from $4,000 spend
=40,000Krisflyer points
×1.5¢per point
=$600point value
−$195first-year fees
=$405est. first-year value

Sydney → Singapore · Business (72,000 pts/way)

55% of one way trip

Points via Singapore Airlines

Bonus Difficulty

Easy

●○○

$44 per day required

First Year Cost

$195

annual fee

Estimated Bonus Value

$680

Based on 1.7000000000000002¢ per Velocity point

Earn Rate

Average

●●○○

0.50x Velocity points per $1

Did this help you make a decision?

40,000 Krisflyer miles
0.32 miles per dollar
Points transfer 1.55 Velocity points 1 Krisflyer miles

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 →
OzBargain discussion for this card

Offer terms history

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

Published 3 Oct 2026

Changes from terms version 12

Points Per Dollar:
0.500.42

Published 2 Oct 2026

Ended 3 Oct 2026

Changes from terms version 11

Bonus:
70,00040,000
Second Year Bonus:
20,00040,000
Interest Rate:
20.9922.49

Published 26 Jul 2026

Ended 2 Oct 2026

Changes from terms version 10

Minimum Credit Limit:
6,0003,000

Published 21 May 2026

Ended 26 Jul 2026

No recorded term changes from the previous version.

Published 7 Feb 2026

Ended 16 Mar 2026

No recorded term changes from the previous version.

Published 2 Feb 2026

Ended 7 Feb 2026

Changes from terms version 7

Bonus:
60,00070,000

Published 16 Nov 2025

Ended 7 Feb 2026

No recorded term changes from the previous version.

Published 16 Nov 2025

Ended 7 Feb 2026

Changes from terms version 5

Spend For Bonus:
1,0004,000
Bonus Period:
6090
Annual Fee:
$95$195
Expiration Date:
30 Sep 2025

Published 1 Nov 2025

Ended 16 Nov 2025

Changes from terms version 4

Points Per Dollar:
1.000.50

Published 14 Jul 2025

Ended 1 Nov 2025

Changes from terms version 3

Points Per Dollar:
0.501.00
Expiration Date:
31 Jul 202530 Sep 2025

Published 15 Dec 2024

Ended 14 Jul 2025

Changes from terms version 2

Interest Rate:
21.0020.99
Expiration Date:
31 Jul 202431 Jul 2025

Published 14 Aug 2024

Ended 15 Dec 2024

Changes from terms version 1

Second Year Bonus:
10,00020,000

Unknown publication date

Ended 14 Aug 2024

First recorded terms

Bonus Velocity:
60,000
Annual Fee:
$95
Minimum Spend:
$1,000 in 60 days

Saved notes

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

  • Expiration changed from 31/07/24 to 31/10/24, Second Year Bonus from 10K to 20K
    2 years ago
  • Expiration changed from no expiration to 31/07/24, Bonus from 40K to 60K, Annual Fee from $45 to $95
    3 years ago
  • Expiration changed from 31/01/24 to no expiration, Bonus from 60K to 40K, Annual Fee changed from $95 to $45
    3 years ago
Craig

Something out of date? Let me know on Instagram, Facebook, or email and I'll fix it ASAP.

— Craig