Card

NAB Rewards Signature Card with Velocity

Offer

NAB Rewards Signature Card with Velocity (Velocity Bonus Offer)

Public offer

Selected terms version

Ended. These terms are no longer available.

Published 28 Feb 2026

View current offer terms Offer terms history

$35 monthly fee

70,000 points

$15,000 min limit

0.75 points per dollar

Spend $5,000 in 90 days

This offer is currently unavailable.

Source wording history

Offer terms

PremiumOffer Ended

First Year Points

70,000 points

Velocity

Second Year Points

20,000 points

Minimum Spend

$5,000

within 3 months

Offer Expires

March 5, 2026

7 months ago

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:

Supermarket Gift Cards Virgin Australia Singapore Airlines

Craig's Analysis

+70,000sign-up bonus

+3,750from $5,000 spend

=73,750Velocity points

→$300in Coles gift cards

−$175first-year fees

=$125first-year value

Bonus 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

$300

73,750 points redeemed in Coles gift cards

Earn Rate

Good

●●●○

0.75x Velocity points per $1

Did this help you make a decision?

$125 of profit after meeting spend requirements

+ $300 Coles gift cards

- $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)

$100

x 3

in Coles gift cards, $300 total, with 9,361 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 →

View Exclusive Offer Details

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.

Terms version 4

Ended

Published 21 May 2026

Ended 21 May 2026

Changes from terms version 3

Lounge Pass:

Complimentary Delayed Flight Lounge Pass (access to select airport lounges after a 60+ minute flight delay) via LoungeKey; cardholder plus up to 4 companionsDelayed flight lounge pass

Terms version 3

Ended

Published 16 Mar 2026

Changes from terms version 2

Bonus:

70,00060,000

Expiration Date:

5 Mar 2026

Lounge Pass:

Complimentary Delayed Flight Lounge Pass (access to select airport lounges after a 60+ minute flight delay) via LoungeKey; cardholder plus up to 4 companions

Terms version 2

Ended

Published 28 Feb 2026

Ended 16 Mar 2026

Changes from terms version 1

Bonus:

90,00070,000

Second Year Bonus:

020,000

Terms version 1

Ended

Published 8 Feb 2026

Ended 28 Feb 2026

First recorded terms

Bonus Velocity:

90,000

Minimum Spend:

$5,000 in 90 days