NAB Now Pay Later
- Interest rate (p.a.)
- 0%
- Max. loan amount
- $1,000
Summary
With no interest and no late fees, NAB Now Pay Later allows customers to spread the cost of purchases over 4 fortnightly payments.
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.
How does NAB Now Pay Later work?
NAB Now Pay Later customers will be able to split their payments across 4 fortnightly payments. Unlike some other buy now pay later platforms which only allow you to use them with partnered providers, NAB Now Pay Later can be used in-store or online anywhere VISA is accepted.
You must have a NAB transaction account to be eligible and pass a repayment assessment when you apply. The first repayment is paid upfront from the account, with the remaining 3 payments due each fortnight. NAB Now Pay Later boasts no interest or late fees.
Features of NAB Now Pay Later
- Simple assessment. You need to pass a simple repayment check when you apply.
- 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 are no restrictions on where you can shop. Use NAB Now Pay Later anywhere VISA is accepted.
- No late fees. If you make a late repayment, you won't be charged.
- Pay flexibly. Within the app you can choose to make a repayment early.
- Keep on track. The NAB app will send you notifications each fortnight to remind you of any 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.
How to apply for NAB Now Pay Later
To be eligible you will need to meet the following criteria:
- Be 18 or older
- Have an individual NAB transaction account
- Download the latest version of the app
- Pass a simple repayment assessment when you apply
To open a NAB transaction account you will need the following:
- A passport, driver's licence or Medicare card
- Be an Australian resident for tax purposes to apply online, or visit a branch if you are not an Australian resident for tax purposes
Your reviews
Rebecca Finder
Senior writer
Hi there, looking for more information? Ask us a question.
You are about to post a question on finder.com.au:
- Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
- finder.com.au is a financial comparison and information service, not a bank or product provider
- We cannot provide you with personal advice or recommendations
- Your answer might already be waiting – check previous questions below to see if yours has already been asked
Finder only provides general advice and factual information, so consider your own circumstances, or seek advice before you decide to act on our content. By submitting a question, you're accepting our Terms Of Service and Finder Group Privacy & Cookies Policy.
This site is protected by reCAPTCHA and the Privacy Policy and Terms of Service apply.