NAB Low Fee Platinum Card

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Consolidate credit card debt and benefit from a 0% p.a. for 6 months balance transfer offer with a new NAB Low Fee Platinum Card.

The NAB Low Fee Platinum offers a minimum credit limit of $6,000 and a host of benefits including complimentary insurance covers and a concierge service. It charges a $90 annual fee.

0% p.a.

Balance transfer rate

for 6 months with 2% balance transfer fee

19.74% p.a.

Purchase rate

$90 p.a.

Annual fee

44 days

Interest free period


Product NameNAB Low Fee Platinum Card
Balance transfer rate0% p.a. for 6 months with 2% balance transfer fee
Balance Transfer Revert RateCash Advance Rate (21.74% p.a.)
Balance Transfer Limit90% of available balance
Purchase rate (p.a.)19.74% p.a.
Annual fee$90 p.a.
Interest free period44 days
Cash advance rate (p.a.)21.74% p.a.
Min credit limit$6,000
Max credit limit$30,000
Card typeVisa
Foreign currency conversion fee (Visa/Mastercard)3%
Complimentary travel insuranceYes
Minimum age18 years of age
Available to temporary residentsYes - Conditions apply
Joint applicationNo


  • Enjoy 0% p.a. on balance transfers for the first 6 months.
  • This card comes with complimentary insurances including overseas travel insurance.
  • You can request for an additional cardholder at no extra cost.


  • There is an interest-free period of only up to 44 days on purchases as compared to other cards that offer up to 55 days interest-free.
  • There is no incentive for spending with this card as it has no rewards program.
  • For balance transfers, a one-time 2% balance transfer fee applies.
Annual fee$90 p.a.
Late payment fee$15
Foreign currency conversion fee (Visa/Mastercard)3%
Cash Advance Fee2% or $2.50, whichever is greater
Overseas cash advance fee2% or $2.50, whichever is greater
Overseas ATM withdrawal fee$5
Additional cardholder fee$0
Number of Additional Cardholders1

Expert review

Sally McMullen

Review by

Sally McMullen is a creative content producer at Finder, co-hosts our Pocket Money podcast and wrote about credit cards for almost five years. Her byline can be spotted on Yahoo Finance, Dynamic Business, Financy and Mamamia as well as Music Feeds and Rolling Stone. She has a Bachelor of Communication and Media Studies majoring in Journalism (Hons) from the University of Wollongong.

Expert review

The NAB Low Fee Platinum card currently has one of the shortest interest-free balance transfer offers on the market. This would be best suited to you if you only have a small debt that you want to clear in 6 months or less. However, this card charges a 2% balance transfer fee and $90 annual fee, so you’ll need to factor this into your overall costs.

How to apply

You can apply for the NAB Low Fee Platinum Card online in 15 minutes and get a response in 60 seconds. Before you apply, make sure you meet the eligibility requirements and have the necessary documents and details you'll need for the online application.

Eligibility criteria

  • Residency. You can apply if you're an Australian citizen or permanent resident. If you are not a citizen or permanent resident, you will need to have an acceptable visa. Many visas are acceptable but the following are not: Visitor Visa (exception, a Special Category Visa - NZ Citizen is acceptable), Working Holiday, Student, Exchange/gap year, Transit/short stay/seasonal, and Bridging.
  • Eligible balance transfer debt. NAB allows you to transfer up to 90% of your approved credit limit from non-NAB accounts.

Card benefits

  • 7 Complimentary insurances. When you use this card to make travel reservations in excess of $500, you'll receive overseas travel insurance issued by Allianz. This covers medical expenses, travel cancellation, missed connections, collision damage, personal liability, accidental disability or death and other scenarios. Other covers include interstate flight inconvenience insurance, transport accident insurance, domestic hotel burglary insurance, purchase protection insurance, extended warranty insurance and price protection insurance. Check the terms and conditions for all eligibility requirements, exclusions and more.
  • Balance transfer offer. Receive a 0% p.a. interest rate on balance transfers for the first 6 months. A one-time 2% balance transfer fee applies and you will still need to make minimum payments by the due date listed on each statement. Any remaining balance at the end of the promotional period will attract the cash advance interest rate.

Rates & fees

  • Annual fee. This card charges an annual fee of $90 p.a.
  • Purchase interest rate. This card charges an interest rate of 19.74% p.a. on purchases.

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  1. Default Gravatar
    September 11, 2019


    My wife and I received the full age pension income plus some shares dividends and bank interest. My taxable income is around $23k. Will I be eligible for applying credit card with travel insurance?

    Thank you kindly.

    • Avatarfinder Customer Care
      September 11, 2019

      Hi Stan,

      Thank you for getting in touch with Finder.

      You may apply for this NAB Low Fee Platinum Card. Please make sure though to read the eligibility criteria, features and details of the card, as well as the relevant PDS/ T&Cs of the card before making a decision and consider whether the product is right for you.

      You may also check out this page to start comparing your other options.

      I hope this helps.

      Thank you and have a wonderful day!


  2. Default Gravatar
    September 24, 2018

    I am confused which credit card of nab I should apply for.
    I would like to have a credit with a limit of 20k.
    I don’t use a lot of my credit.and if I use I don’t normally spend more than 200 per month.
    so I do prefer a low annual fee.

    Can you please help me to find the best.

    thank you

    • Avatarfinder Customer Care
      September 26, 2018

      Hi Mary,

      Thanks for getting in touch with finder. I hope all is well with you. :)

      Normally, it is the bank that will determine your credit limit based on how they assess your financial status. For low annual fee credit cards from NAB, most of them will not give you starting credit limit of 20,000AUD. Not only that, but the maximum credit limit for NAB credit cards are usually not specified on their website. Thankfully, during your card application, you have the option to apply for a higher credit limit available for your card. It is up for NAB then to approve your request or not.

      I hope this helps. Should you have further questions, please don’t hesitate to reach us out again.

      Have a wonderful day!


  3. Default Gravatar
    August 7, 2018

    I would like to apply for credit cards with a limit of 6000 but I am on a Bridging visa A(subclass 010). Please consider my question and reply on it. Thank you

    • Avatarfinder Customer Care
      August 10, 2018

      Hello Meena,

      Thank you for your comment.

      Generally, there are just some Australian banks that offer credit cards to temporary residents. The page does not specifically state that the listed cards are for those on a bridging visa however you can definitely inquire to the providers listed your eligibility to apply. The limit will depend on how the provider assesses your financial status and other factors.

      Please note that application requirements must be met as a temporary resident and these differ between different banks and providers. I hope this helps.

      Should you wish to have real-time answers to your questions, try our chat box on the lower right corner of our page.


  4. Default Gravatar
    September 1, 2017

    When you sign on for the Credit card in one person’s name and then purchase over $500 for Travel does the Insurance cover both persons i.e. husband and wife travelling together of whom tickets were purchased for at the same time? OR, is the insurance only extended to the Card holder and the partner is not covered?

    • Avatarfinder Customer Care
      September 2, 2017

      Hi RH,

      Thanks for your comment.

      Most policies also extend coverage to your partner and children when they travel with you. The key is to make sure you know who and what is covered by the policy and that you all meet the requirements for coverage, just as you would with a bought policy.

      While credit card complimentary insurance policies vary between issuers, they are underwritten by the same major insurance companies. Here, we’ll look at the two main providers and the credit card policies they underwrite to help you understand how and when your family will be eligible for cover.

      Best to contact NAB directly to check further.


  5. Default Gravatar
    July 11, 2017

    Does the complimentary travel insurance cover the cost of the rental car excess fee in the event of a claim in France?

    • Default Gravatar
      July 12, 2017

      Hi Ian,

      Thanks for your inquiry.

      It doesn’t. When you use this card to make travel reservations in excess of $500, you’ll receive overseas travel insurance. This offer covers up to $20,000 of medical expenses, travel cancellation, missed connections, collision damage, personal liability, accidental disability or death and other scenarios. Other complimentary covers include interstate flight inconvenience insurance, transport accident insurance, domestic hotel burglary insurance, purchase protection insurance, extended warranty insurance, and price protection insurance.

      Hope this information helped.


  6. Default Gravatar
    June 1, 2017

    How long the interest free period is for balance transfer? Can I speak with someone from your side to discuss my concerns? If yes please provide phone number and name.

    • Default Gravatar
      June 1, 2017

      Hi Raquiba!

      Thanks for the comment.

      The 0% balance transfer promo is for 20 months. If you want further information and needs assistance on contacting the bank, you can click “Go To Site” green button to proceed.

      Hope this helps.


  7. Default Gravatar
    May 23, 2017

    Can a Flexiloan of 25k be balanced transferred over to this product?

    Thank you in advance.

    • Avatarfinder Customer Care
      May 23, 2017

      Hi Neil,

      Thank you for your inquiry.

      If you wish to balance transfer your personal loan to a credit card you may want to consider the available option/s here.

      I hope this information has helped.


  8. Default Gravatar
    March 30, 2017

    If you have $1000 on one card and $3000 on another, can you consolidate them into one card, when doing a balance transfer?

    • Avatarfinder Customer Care
      March 30, 2017

      Hi Greg,

      Thanks for your question.

      Yes, it is possible to consolidate your debts from multiple cards into one balance transfer account. You can compare your options here.

      You may visit this page if you want to know where you can balance transfer to.


  9. Default Gravatar
    July 11, 2016

    What is the maximum credit limit for NAB premium Visa?

    • Avatarfinder Customer Care
      July 14, 2016

      Hi Dani,

      Thanks for your question.

      The maximum credit limit for NAB Premium Visa Card is not specifically stated on NAB website. However, when you apply for this card, you will be given the option to apply for the maximum credit limit available to you depending on your financial situation.


  10. Default Gravatar
    April 25, 2016


    Can I pay off more than the minimum monthly repayments each month?

    • Avatarfinder Customer Care
      April 26, 2016

      Hi Raff,

      Thanks for your inquiry.

      Kindly note that is an online comparison service that does not represent any credit card issuer such as NAB.

      However, their terms and conditions state that you may pay more than the minimum required amount, if you wish.

      I have forwarded the link to your email for your reference.

      I hope this has helped.


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