NAB Now Pay Later
- Interest rate (p.a.)
- 0%
- Max. loan amount
- $1,000
Summary
NAB Now Pay Later is no longer available for sale, and NAB has contacted existing customers about the closure of their accounts.
With NAB’s buy now pay later platform, you can shop anywhere VISA is accepted, both in-store and online, and spread the cost over 4 fortnightly payments. NAB Now Pay Later is available for spends up to $1,000 and is interest-free, meaning your money is going right where it’s supposed to. And, there are no fees for late repayments.
NAB Now Pay Later is no longer available for sale. NAB says it has contacted existing customers about the closure of their NAB Now Pay Later accounts (checked on nab.com.au on 22 October 2026).
How NAB Now Pay Later worked
While it was on sale, NAB Now Pay Later let customers split purchases into 4 fortnightly payments. Unlike some buy now pay later services that only work with partner retailers, it could be used in-store or online anywhere Visa was accepted.
Customers needed a NAB transaction account and had to pass a repayment assessment. The first repayment was paid upfront from that account, with the remaining 3 payments due each fortnight. NAB Now Pay Later had no interest or late fees.
Features of NAB Now Pay Later
These were the main features while NAB Now Pay Later was on sale.
- Simple assessment. Customers had to pass a simple repayment check when they applied.
- No interest. There are no interest charges when using this service.
- No minimum purchase amount. There's no minimum spend and you can spend up to $1,000.
- Shop flexibly. There were no restrictions on where you could shop. It could be used anywhere Visa was accepted.
- No late fees. If you make a late repayment, you won't be charged.
- Pay flexibly. Customers could choose to make a repayment early in the app.
- Keep on track. The NAB app sent a notification each fortnight to remind customers of upcoming payments.
Fees and charges
- No fees. There are no late fees if you can't make your repayments on time.
- No interest. You won't be charged interest on your spend.
What existing NAB Now Pay Later customers should do
NAB says it has contacted customers about the closure of their NAB Now Pay Later accounts. For more information, NAB suggests you:
- Log in to NAB Internet Banking.
- Select Profile & Settings.
- Select Letters.
You can also read the NAB Now Pay Later terms and conditions on NAB's website, which cover repayments, privacy, complaints and how to resolve issues with your existing account.
Alternatives to NAB Now Pay Later
If you're looking for another way to spread the cost of purchases, compare buy now pay later services on Finder.
Your reviews
Rebecca Finder
Editor, Money
Hi there, looking for more information? Ask us a question.
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The Finder Team
September 11, 2026
Hi Bruce,
Finder is a review and comparison site, so you’ll need to apply for this facility directly through NAB. To be eligible for NAB Now Pay Later, you must be an existing NAB customer with an eligible transaction account. You can apply by logging into the NAB app and selecting “NAB Now Pay Later” from the “Products” section or the “For You” menu.
NAB will conduct an eligibility check as part of the application process to ensure you meet its lending criteria. If you’d like to see how this facility compares to other services, our buy now pay later guide will help you compare.
Hope this helps!
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Bruce
September 10, 2026
How do apply for this facility?