NAB Business Payments Card – Rates and Fees

Enjoy no monthly card fee and no fee for additional cardholders. Just load this card with money and keep track of all your business expenses.

Last updated:

Important Information

The NAB Business Payments Card is no longer available for new applications. However, we've kept the information online for the benefit of existing customers and for those who are interested.

You can compare the current range of NAB credit cards here.

The NAB Business Payments Card gives you the ability to use your own money to make online and in-store purchases with any merchant that accepts Visa. You load your card with money and use these funds as and when required, and you also set up a direct debit that pays any outstanding debt at the end of every month. This card is an option for small to medium sized businesses as it does not attract monthly or annual account-keeping fees.

Benefits of the NAB Business Payments Card

  • Additional cards. A single facility can have as many as 1,000 cards, and you can nominate a single cardholder to have an emergency credit limit of $200. As part of each billing cycle, you receive statements with summaries of individual cardholders.
  • Fees. This card does not attract any monthly or annual fees, and additional cards do not attract these fees either. If you use this card to make international transactions, an international transaction fee of 3% applies. Payment orders processed in currencies other than Australian dollars attract a fee of $5. Each cash advance attracts a $2.50 or 2% of the transaction amount (whichever is greater) fee.
  • Interest. When you use the $200 credit limit to make business purchases you get up to 35 interest-free days, but to take advantage of these interest-free days you have to pay your outstanding balance in full every month. Interest calculates every day and applies monthly.
  • Loading the card. Loading your NAB Business Payments Card requires that you have an eligible business transaction account with NAB, which can include a NAB Business Cheque Account, a NAB Everyday Business Account, a NAB Business Management Account, a NAB Community Fee Saver Account, or a NAB Farm Management Account. While you can load the card as per your needs, you have to set up a direct debit to take care of outstanding debts at the end of every month. To load your card you can turn to any NAB branch, or make payments through internet banking, NAB Connect, NAB phone banking, NAB ATMs, and even BPAY.
  • Access. You can use this card in-store, online, and over the phone, as long as the merchant in question accepts Visa, which includes millions of locations worldwide. You can use this card to withdraw cash at ATMs, although doing so attracts a fee. Use ATMs to check available balances and go online to view your transaction history.
  • Visa benefits. Visa Entertainment gives you access to special offers for movies, events, shows, and experiences. Visa Global Customer Assistance Services offers round-the-clock emergency travel assistance and Verified by Visa offers secure shopping online.

Features of the NAB Business Payments Card

  • Annual fee. This card does not charge an annual fee.
  • NAB Defence. This is a security system that protects you from fraud.
  • PayWave. The NAB Business Payments card gives you the convenience of being able to use the PayWave technology.
Back to top
Was this content helpful to you? No  Yes

Related Posts

Ask an Expert

You are about to post a question on

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • 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 Use, Disclaimer & Privacy Policy and Privacy & Cookies Policy.

6 Responses

  1. Default Gravatar
    georgeMay 8, 2016

    Partner and I both cardholders do I need a pin to withdraw or purchase she is overseas and I’m hopeless.

    • Avatarfinder Customer Care
      YsaMay 10, 2016Staff

      Hi George,

      Thanks for your question.

      Yes, a PIN is required in order to purchase or withdraw money.
      Please also note that overseas ATM withdrawals attracts a $5 withdrawal fee as well as a 3% international transaction fee.

      I hope this helps.


  2. Default Gravatar
    kathrynFebruary 28, 2015

    can i pay any outstanding amounts over the counter at my branch ? Or do i have to set up direct debit ? Thanks

    • Avatarfinder Customer Care
      JonathanMarch 2, 2015Staff

      Hi Kathryn, thanks for your inquiry!

      Credit card outstanding amounts can be paid via direct debit or through a branch. However it is important to note that an outstanding amount would not be cleared until the next scheduled direct debit date.

      I hope this helps.



  3. Default Gravatar
    ToyaApril 15, 2013

    what is the foreign transaction fee on this card?

    • Avatarfinder Customer Care
      JacobApril 15, 2013Staff

      Hi Toya. Thanks for your question. Please see a list of foreign currency conversion fees for different providers here. Compare travel money options here. Let us know if you need more information about this topic. Jacob.

Credit Cards Comparison

Updated December 8th, 2019
Name Product Purchase rate (p.a.) Balance transfer rate Annual fee
21.99% p.a.
$0 p.a.
Save with 0% foreign transaction fees on purchases. Plus, complimentary flight delay passes and a global wifi access.
19.99% p.a.
0% p.a. for 18 months
$199 p.a. annual fee for the first year ($299 p.a. thereafter)
Get 20,000 bonus Qantas Points per month for the first 6 months when you spend $1,500/month. Total of up to 120,000 bonus Qantas Points.
0% for 9 months, reverts to 14.99% p.a.
0% p.a. for 9 months
$0 p.a. annual fee for the first year ($99 p.a. thereafter)
Enjoy a $0 first year annual fee and a 0% introductory rate on purchases and balance transfers. Plus, complimentary purchase insurance cover.

Compare up to 4 providers

* The credit card offers compared on this page are chosen from a range of credit cards has access to track details from and is not representative of all the products available in the market. Products are displayed in no particular order or ranking. The use of terms 'Best' and 'Top' are not product ratings and are subject to our disclaimer. You should consider seeking independent financial advice and consider your own personal financial circumstances when comparing cards.

Ask a question
Go to site