NAB Low Fee Platinum Card – Exclusive Offer

Enjoy 0% p.a. interest on balance transfers for 25 months and pay no balance transfer fee with finder’s exclusive NAB Low Fee Platinum offer.

The NAB Low Fee Platinum card is designed to give you value through competitive rates, fees and platinum features. If you’re a new customer, you can enjoy 0% p.a. interest on balance transfers for the first 25 months with no balance transfer fee when you apply through finder.com.au and request a balance transfer at the time of your application. While there is no specified end date for this offer, it may be withdrawn by NAB at any time.

This offer is exclusive to finder.com.au only

As you know, it’s part of our ongoing mission to find you a better deal as we continuously seek to provide you with the most competitive offers. Our exclusive offers are unique to the market and are only available if you apply online through finder.com.au.

If you apply for the NAB Low Fee Platinum card elsewhere, the balance transfer offer is 0% p.a. for up to 24 months with a 2% BT fee. For more information about the application process and to see whether you’re eligible for this offer, see below.

Product NameNAB Low Fee Platinum Card - Exclusive Offer
Balance transfer rate (p.a.)0% p.a. for 25 months
Balance Transfer Revert Rate
The interest rate after the balance transfer ends.
Cash Advance Rate (21.74% p.a.)
Balance Transfer Limit90% of available credit limit
Purchase rate (p.a.)19.74% p.a.
Annual fee$90 p.a.
Interest Free Period
The interest-free period on purchases is the period or number of days you do not have to pay interest on your card purchases. You will be charged interest either from the day you make a purchase or from the statement date, unless you pay the closing balance in full by the due date (or within the interest-free period) on your statement.
Up to 44 days on purchases
Cash advance rate (p.a.)21.74% p.a.
Min credit limit
This is the lowest credit card limit that you can request. It is possible to apply for a higher credit card limit but not a lower one than this figure.
$6,000
Card TypeVisa
Foreign Currency Conversion Fee (VISA)
Foreign currency conversion fees are charged when you make a transaction that is converted by a credit card network, such as MasterCard, Visa or American Express, from Australian dollars to a foreign currency. You’ll also incur a currency conversion fee if you make a purchase or obtain a cash advance in Australian dollars while overseas or shopping online with a foreign merchant or financial institution.
3% of transaction value
Complimentary Travel InsuranceYes
Minimum Age18 years of age
Available To Temporary ResidentsYes - Conditions apply
Joint ApplicationNo
Annual fee$90 p.a.
Late Payment Fee$15
Foreign Currency Conversion Fee (VISA)
Foreign currency conversion fees are charged when you make a transaction that is converted by a credit card network, such as MasterCard, Visa or American Express, from Australian dollars to a foreign currency. You’ll also incur a currency conversion fee if you make a purchase or obtain a cash advance in Australian dollars while overseas or shopping online with a foreign merchant or financial institution.
3% of transaction value
Cash Advance Fee2% or $2.50, whichever is greater
Overseas Cash Advance Fee2% or $2.50, whichever is greater
Overseas ATM Withdrawal Fee$5
Gambling Transactions AllowedYes
Additional Cardholder Fee$0
Number of Additional Cardholders1

Pros

  • Enjoy 0% p.a. interest on balance transfers for the first 25 months (with no BT fee) when you apply through finder.com.au.
  • This card comes with 7 complimentary insurances including overseas travel insurance.
  • You can request for an additional cardholder at no extra cost.

Cons

  • 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.
  • This platinum card does not offer a rewards program.

Features and benefits of the NAB Low Fee Platinum Card

Here are the benefits you can get with the NAB Low Fee Platinum Card:

  • Exclusive long-term balance transfer offer. Save on interest charges with 0% p.a. on balance transfers for up to 25 months when you apply through finder.com.au 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 monthly repayments are still required. You can transfer up to 90% of your approved credit limit from Australian credit or store cards not issued by NAB.
  • No balance transfer fee. While some balance transfer cards charge a one-time fee worth 2-3% of the debt you transfer, this offer does not have 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 insurance covers. 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 NAB Low Fee Platinum also offers complimentary 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. You can also link your NAB credit card with Samsung Pay to make contactless payments using your qualifying Samsung device at the checkout. 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.

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 charges an annual fee of $90 p.a.
  • 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.
  • 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.

How to apply for the NAB Low Fee Platinum Card

It takes around 15 minutes to apply for the NAB Low Fee Platinum online, and you could get a response within 60 seconds of submitting your completed application. To get started, make sure you meet the following eligibility criteria and have all the details and documents you'll need ready. Then, just click the "Go to site" button and you'll be taken to a secure application page.

Eligibility criteria

  • How old are you? You must be at least 18 years of age to apply for this card.
  • What is your Australian residency status? You can apply for this card if you are an Australian citizen, permanent resident or temporary resident. If you are not a citizen or permanent resident, you will need to provide the last overseas address you lived in, along with other details of your residency status in Australia.

Information and documents you need

  • Personal information. This includes your full name, contact details, date of birth, driver's licence number, passport number or Medicare card number.
  • Employment details. This includes your current role and salary as well as the name of your employer and their contact details.
  • Financial details. As well as your salary, you’ll need to share information about any other income or assets you have, such as investments and savings. You also need to share details of any existing loans or credit cards and estimate your monthly spending.
  • Balance transfer information. 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.

If you're looking for a low-cost credit card with the ability to save money on interest from your existing debt, compare this NAB Low Fee Platinum Card offer to others so you can find a card that suits your needs.

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Note: The user comments below relate to a previous NAB promotional offer. You should confirm any information with the product or service provider and read the information they can provide.
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152 Responses

  1. Default Gravatar
    DarrylMay 3, 2018

    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?

    • finder Customer Care
      JeniMay 4, 2018Staff

      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

  2. Default Gravatar
    May 3, 2018

    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.

    • finder Customer Care
      JeniMay 3, 2018Staff

      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 hope this helps.

      Have a great day!

      Cheers,
      Jeni

  3. Default Gravatar
    RANJUApril 29, 2018

    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

    • finder Customer Care
      JeniApril 29, 2018Staff

      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

  4. Default Gravatar
    NestorApril 19, 2018

    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.

    • finder Customer Care
      AshApril 19, 2018Staff

      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

  5. Default Gravatar
    MARKApril 17, 2018

    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?

    • finder Customer Care
      JeniApril 17, 2018Staff

      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

  6. Default Gravatar
    KimberleyApril 16, 2018

    hi. does a balance transfer have to be from and to the same card holder?

    • finder Customer Care
      MayApril 16, 2018Staff

      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

  7. Default Gravatar
    SanyApril 12, 2018

    My credit rating is between 450 to 500. No default. Can I apply?

    • finder Customer Care
      JhezelynApril 12, 2018Staff

      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

  8. Default Gravatar
    LucasApril 12, 2018

    Can I apply for the card and make the balance transfer after the card has been approved?

    • finder Customer Care
      NikkiApril 12, 2018Staff

      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

  9. Default Gravatar
    LukeApril 6, 2018

    Hi,

    I must have missed it but is it 2% minimum repayment monthly?

    Cheers,

    Luke

    • finder Customer Care
      AshApril 6, 2018Staff

      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

  10. Default Gravatar
    DiApril 4, 2018

    How long does the balance transfer take after approval?? I called NAB to ask them, but they said I have to ask you…?!!

    • finder Customer Care
      MayApril 4, 2018Staff

      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

Credit Cards Comparison

Rates last updated October 16th, 2018
Name Product Purchase rate (p.a.) Balance transfer rate (p.a.) Annual fee Product Description
NAB Low Fee Platinum Card - Exclusive Offer
19.74% p.a.
0% p.a. for 25 months
$90 p.a.
finder Exclusive: Take advantage of 0% p.a. interest for 25 months on balance transfers with no balance transfer fee.
Qantas Premier Everyday
19.99% p.a.
4.9% p.a. for 24 months
$0 p.a. annual fee for the first year ($49 p.a. thereafter)
Take advantage of up to 40,000 bonus Qantas Points, a $0 first year annual fee plus complimentary overseas travel insurance.
Westpac Low Rate Card
13.49% p.a.
0% p.a. for 24 months with 1% balance transfer fee
$0 p.a. annual fee for the first year ($59 p.a. thereafter)
Offers a 0% for 24 month balance transfer option, first year annual fee waiver and a competitive purchase rate.
ANZ Low Rate
12.49% p.a.
0% p.a. for 15 months
$58 p.a.
Save with a 0% p.a. introductory rate on balance transfers for 15 months with no BT fee. Plus a low 12.49% p.a. interest rate on purchases.
Citi Clear Platinum Credit Card
12.99% p.a.
0% p.a. for 14 months
$0 p.a. annual fee for the first year ($99 p.a. thereafter)
Offers a 0% p.a. for 14 months balance transfer and $0 first year annual fee. Plus, insurance covers and Citibank Dining Program perks.
NAB Qantas Rewards Signature Card
19.99% p.a.
0% p.a. for 6 months with 2% balance transfer fee
$295 p.a. annual fee for the first year ($395 p.a. thereafter)
Collect 90,000 bonus Qantas Points when you spend $4,000 within 60 days of account opening. Plus, a $295 annual fee in the first year.
St.George Vertigo Platinum
12.74% p.a.
0% p.a. for 26 months with 2% balance transfer fee
$0 p.a. annual fee for the first year ($99 p.a. thereafter)
Offers a long-term balance transfer, $0 first year annual fee, complimentary travel insurance and access to a 24/7 personal concierge service.

Compare up to 4 providers

* The credit card offers compared on this page are chosen from a range of credit cards finder.com.au 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.

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