The Finance Algorithm
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NAB Low Rate Card

A simple low interest rate credit card with your choice of offers: get a promotional balance transfer or select our cash back offer

Credit cardsBank updated 1 Oct 2026
Apply at National Australia Bank ↗Product page ↗Fees and pricing ↗Terms ↗

At a glance

Purchase rate
13.99%
Cash advance
22.99%
Interest-free days
55
Annual fee
$99
Foreign transaction fee
3.50%
Balance transfer
22.99%
NAB Low Rate Card card

How it compares

This credit card in ink, against the best that every other institution publishes for anyone to apply for. Each figure is counted the same way for all of them.

This credit card: 13.99%Every other institution's lowest, 50 in all

Ongoing purchase rate, not introductory offers. One dot per institution, at its lowest credit card purchase rate anyone can apply for; hover or tap a dot for its name.

RateThis credit cardBest anywhereTypical institutionWhere it sits
Any credit cardOngoing purchase rate, not introductory offers13.99%7.49%Unity Bank's Low Rate Visa Credit Card12.49%of 51 institutions35th lowest of 51, level with 5 others
Interest-free daysDays without interest on purchases when the balance is paid in full55 days62 daysBeyond Bank Australia's Low Rate Credit Card55 daysof 42 institutions2nd longest of 42, level with 30 others

Rates

Every rate NAB publishes for this credit card, 4 in all.

TypeApplies toTermBandRateComparisonConditions
Balance transferNAB may discount the purchase rate at its discretion, including for promotional purposes.---22.99%-Not applicable
Cash advance---22.99%-Not applicable
Introductory0% p.a. balance transfer (BT) for 24 months with 3% BT fee. NAB may offer different introductory rates at its discretion, including for promotional purposes.-2 yrs intro-0.00%-Not applicable
PurchaseNAB may discount the purchase rate at its discretion, including for promotional purposes.---13.99%-Not applicable

Rate changes

3 changes logged, newest first.

DateRateWasNowChange
2 Oct 2026Balance transfer13.49%22.99%up 9.50
2 Oct 2026Cash advance21.74%22.99%up 1.25
2 Oct 2026Purchase13.49%13.99%up 0.50

Each change is logged the night it appears in the rates National Australia Bank publishes. See how every lender answered the RBA on the rate tracker.

Fees

5 fees published, grouped by when they're charged.

While you hold it1

  • Annual fee

    NAB may waive or discount fees at its discretion, as part of a package or promotional offer. Reduced Annual Fee in First Year NAB Portfolio Facility - no annual fee NAB Private Portfolio Package - no annual fee NAB Private Tailored Package - no annual fee

    $99 a year

When you make a transaction3

  • Cash advance

    Minimum fee $3.50

    3.50% of transaction
  • International transaction multi currency
    3.50% of transaction
  • International transaction single currency
    3.50% of transaction

When particular things happen1

  • Late payment
    $20

Features

Digital bankingFraud protectionUnlimited transactionsBalance transfers55 interest-free days1 additional cardApple PayGoogle PaySamsung PayGarmin Pay

Eligibility and limits

  • Minimum age 18
  • Residency: Must be an Australian resident
  • Available to individuals
  • Amount from $1,000, no maximum
  • Lending criteria apply

Published by National Australia Bank under the Consumer Data Right, last changed by them on 1 Oct 2026. Figures are shown as the institution publishes them and can change without notice; confirm on their site before applying. The Finance Algorithm earns nothing from any product listed here.