Card
Offer
NAB Rewards Platinum Card with Velocity (Velocity Bonus Offer)
Public offer
Selected terms version
Ended. These terms are no longer available.
Published 16 Mar 2026
View current offer termsOffer terms historyThis offer is currently unavailable.
Source wording historyOffer terms
First Year Points
70,000 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
I'd like to use my bonus for:
Craig's AnalysisBonus Difficulty
Easy
●○○$44 per day required
First Year Cost
$195
annual fee
Bonus Value
$300
72,000 points redeemed in Coles gift cards
Earn Rate
Average
●●○○0.50x Velocity points per $1
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 →Velocity Frequent Flyer bonus offer. Activate offer on the VFF portal before applying. Includes 10,000 extra bonus Velocity Points from VFF activation on top of the standard 70,000 Velocity Points card offer. Requires Auto Redemption to be turned on to convert NAB Rewards Points to Velocity Points automatically.
Offer terms history
These are published versions of this offer's terms. Each version preserves the conditions available at that time.
No recorded term changes from the previous version.
Published 16 Mar 2026
Changes from terms version 1
First recorded terms