Enjoy 0% p.a. interest on balance transfers for 25 months and pay no balance transfer fee with this exclusive NAB Low Fee Platinum credit card offer.
No longer offered in the market
The NAB Low Fee Platinum Card - Exclusive Offer 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.
Review of the NAB Low Fee Platinum Card
As well as giving you a way to save on existing card debt for up to 25 months through the exclusive balance transfer promotion, the NAB Low Fee Platinum Card offers a competitive annual fee of $90. This is one of the lowest fees for a platinum card, particularly one that includes complimentary overseas travel insurance.
Along with comprehensive coverage for international trips, you’ll get complimentary transit accident insurance, domestic hotel burglary insurance and interstate flight inconvenience insurance. You can also enjoy purchase protection insurance, extended warranty insurance and price protection insurance to help you make the most of items you buy with the NAB Low Fee Platinum Card. While this card doesn’t offer any rewards, the insurance covers and concierge service make it a competitive option if you want low-cost access to credit card perks.
Features and benefits of the NAB Low Fee Platinum Card
Here are the benefits you can enjoy with the NAB Low Fee Platinum Card.
- Exclusive long-term balance transfer offer. Enjoy 0% p.a. interest on balance transfers for 25 months when you apply for the NAB Low Fee Platinum Card through finder.com.au by 6 May 2018 and request a balance transfer at the time of your application. At the end of the introductory period, any remaining balance from your transfer will attract the cash advance interest rate. Please note that minimum payments are still required.
- No balance transfer fee. While some balance transfer cards charge a one-time fee worth 2-3% of the debt you transfer, this promotion does not charge a balance transfer fee.
- NAB Concierge Service. This 24/7 service, provided by Visa Worldwide, can help you with travel, lifestyle and entertainment services, including planning and booking tickets, making reservations at hotels and restaurants, and organising car and limousine rentals.
- Complimentary insurances. When you use this card to pay for at least $500 of your overseas transport, accommodation and/or land tour costs, you'll receive comprehensive overseas travel insurance for you and eligible family members travelling with you, issued by QBE. The card also offers complimentary insurance covers for interstate flight inconvenience insurance, transport accident insurance, domestic hotel burglary insurance, purchase protection insurance, extended warranty insurance and price protection insurance.
- Visa benefits. With Visa Front Line Access, you can reserve pre-sale tickets for some of the biggest sporting events and concerts in Australia. If you need emergency assistance when travelling, you can contact Visa Global Customer Assistance Services. Verified by Visa also ensures that you have a safe online shopping experience.
- Mobile payments. NAB credit cards are compatible with Google Pay through the NAB app and NAB Pay, so you can tap your Android phone against a contactless terminal for purchases under $100. If you have an iPhone or any phone that isn't compatible with NAB Pay, you have the option to order a PayTag to stick to your phone. You can also link your NAB credit card with Samsung Pay to make contactless payments using your qualifying Samsung device at the checkout.
Rates and fees for the NAB Low Fee Platinum Card
Here are the costs you need to look at when you compare the NAB Low Fee Platinum Card:
- Annual fee. This card has an annual fee of $90 p.a.
- Minimum payments. Please note that you will need to pay at least the minimum amount by the due date listed on each statement.
- Purchase rate. This card has a standard variable interest rate of 19.74% p.a. for purchases.
- Interest-free days. This card offers up to 44 days interest-free on purchases when you pay your balance in full by the due date on each statement. Please note that interest-free days do not apply when you carry a balance transfer debt.
- Cash advance rate. If you use the NAB Low Fee Platinum Card to get cash out or for any other cash advance transaction, a variable interest rate of 21.74% p.a. will apply to the balance. The cash advance rate also applies to any balance transfer debt remaining at the end of the balance transfer promotional period.
- Cash advance fee. This card charges a fee of 2% or $2.50, whichever is greater, for every cash advance transaction you make.
- Currency conversion rate. Transactions made in foreign currencies will attract a fee worth 3% of the amount after it's converted to Australian dollars.
- Additional cardholder. This card lets you request 1 additional cardholder at no extra cost. Note that additional cardholders must be at least 16 years of age and you'll still be responsible for managing the account.
Hello,
I called NAB and they offer the same card but with a 2% balance transfer fee. I asked the NAB representative whether he could match the 0% transfer fee and he couldn’t. Why?
Hi Darryl,
Thank you for getting in touch with finder.
This offer of 0% p.a. for 25 months on balance transfers is exclusive to finder that is why they couldn’t match this offer.
I hope this helps.
Have a great day!
Cheers,
Jeni
I want to apply for this – Product Name: NAB Low Fee Platinum Card – Exclusive Offer
Balance transfer rate (p.a.) 0% p.a. for 25 months
Balance Transfer Fee 0%
Balance Transfer Limit 90% of available credit limit
But every time I try to apply the NAB system your FINDER web page directs me to is “unavailable”.
Can you help me apply for this card? I have two credit cards to transfer over.
Hi SDS,
Thank you for getting in touch with finder.
Currently, only users who are applying for the product can process the application online after clicking the Go to site button. If you are having some difficulties, I suggest that you check your internet connection, firewall or you may also try to do the application in a different browser.
As a friendly reminder, while we do not represent any company we feature on our pages, we can offer you general advice.
I also suggest that you try this link to proceed with your online application.
I hope this helps.
Have a great day!
Cheers,
Jeni
Hi,
I am working as Project Engineer with leading Australian company . Currently I am on bridging visa from Temporary resident to PR .
Is it possible for me to apply.
Thanks,
Ranju
Hi Ranju,
Thank you for getting in touch with finder.
As a friendly reminder, while we do not represent any company we feature on our pages, we can offer you general advice.
If you click on the application requirement tab in this page, it says it is available to temporary residents. You may also contact them directly if you want to confirm this info.
In the event that you want to know more about other credit cards for recent immigrants to Australia, please check out this link.
I hope this helps.
Have a great day!
Cheers,
Jeni
Hi.
I see there is a limit of 2 cards for balance transfer. Is there any way I can transfer balance from 3 cards?
Thanks.
Hi Nestor,
Thank you for visiting finder.
You may check this page for guide in transferring balances from multiple accounts. There are Credit Cards that allow you to transfer from 2-3 credit cards though it will still depend on your approved credit limit as you may only use 80%-90% of it. If you want to know if a certain card allows you to move up to 3 credit card balances, you may have to directly call the provider to confirm
Here are some of the Balance Transfer Credit Cards that allows transfer from 3 Credit Cards:
* St.George Vertigo Platinum – Online Offer
* St.George Vertigo Visa
* Bank of Melbourne Vertigo Platinum
I hope this helps.
Let us know if there is anything else that we may assist you with.
Cheers,
Ash
I am an existing NAB customer with platinum credit card and mortgage. I want to transfer from a bank of Melbourne card. Can I do this being an existing customer?
Hi Mark,
Thank you for getting in touch with finder.
As a friendly reminder, while we do not represent any company we feature on our pages, we can offer you general advice.
I suggest that you contact NAB directly about doing a balance transfer. They might have some BT offers for existing customers like you.
However, if you want to take advantage of this offer of 0% p.a. interest on balance transfers for 25 months, you must click on the “Go to NAB’s website” button and you’ll be taken to a secure application form. You’ll need to provide details of the debts you want to move to your new NAB Low Fee Platinum Card. This offer is exclusive to finder.
Please note that you can only transfer debts from cards that have not been issued by NAB.
I hope this helps.
Have a great day!
Cheers,
Jeni
hi. does a balance transfer have to be from and to the same card holder?
Hi Kimberley,
Thanks for your question.
With NAB, you are allowed to transfer between any two people’s names but they don’t accept joint primary cardholders. If you want to find out which bank would allow you to balance transfer from your partner’s name, please check this page.
Hope this helps.
Cheers,
May
My credit rating is between 450 to 500. No default. Can I apply?
Hello Sany,
Thank you for your comment.
Upon checking, with the range of your credit score, it looks like your credit position is below average. You can refer to the risk grade here. You may consider looking for tips and guide on how to improve your credit score.
You can still apply for this card however the approval will depend on how the provider assess your financial situation based on some factors. Please also note that when you apply for credit card and you’re declined, this may have a mark on your credit file. I hope this helps.
Regards,
Jhezelyn
Can I apply for the card and make the balance transfer after the card has been approved?
Hi Lucas,
Thanks for your message and for visiting finder – the leading comparison website & general information service built to give you advice in your buying decision needs. How are you doing today?
If you want to enjoy 0% p.a. interest on balance transfers for 25 months, you’ll need to provide details of the debts you want to move to your new NAB Low Fee Platinum Card. Please note that you can only transfer debts from cards that have not been issued by NAB.
Hope this clarifies.
Cheers,
Nikki
Hi,
I must have missed it but is it 2% minimum repayment monthly?
Cheers,
Luke
Hi Luke,
Thank you for reaching out to us.
The Minimum Monthly Repayment for the NAB Low Fee Platinum Card is either 2.5% (closing balance) or $25, whichever is greater. You may read on the list of fees for the above card through its Key Facts Sheet found on the NAB website.
I hope this helps.
Please do not hesitate to reach out to us again if you have additional questions.
Cheers,
Ash
How long does the balance transfer take after approval?? I called NAB to ask them, but they said I have to ask you…?!!
Hi Di,
Thanks for your inquiry.
When you do a balance transfer, you need to go through the card application. If you’re approved for the card, your balance transfer request is also approved. Typically, the balance transfer can take 10-15 days. With NAB, they process the balance transfer within 5 to 10 business days.
Cheers,
May