NAB Low Rate Platinum Card

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Save with 0% interest on purchases for 15 months and complimentary insurance covers with the NAB Low Rate Platinum Card.

This premium NAB credit card combines competitive interest rates with a host of perks, including complimentary travel insurance, purchase insurance and a personal concierge service.

0% p.a.

Balance transfer rate

for 6 months with 2% balance transfer fee

0% p.a.

Purchase rate

for the first 15 months (reverts to 13.99% p.a.)

$100 p.a.

Annual fee

55 days

Interest free period


Product NameNAB Low Rate 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 Rate0% for 15 months (reverts to 13.99% p.a.)
Annual Fee$100
Interest Free Period55 days
Cash Advance Rate21.74% p.a.
Minimum Credit Limit$6,000
Card TypeVisa
Foreign Currency Conversion Fee (Visa/Mastercard)3% of transaction value
Complimentary Travel InsuranceYes
Minimum Age18 years of age
Available to Temporary ResidentsYes - Conditions apply
Joint ApplicationNo


  • This card comes with a 0% interest rate offer for 15 months on purchases.
  • Take advantage of 0% on balance transfers for the first 6 months.
  • This card features a competitive annual fee of $100.
  • Seven complimentary insurances, including overseas travel, are offered with this card.


  • A platinum card that does not feature any rewards program.
Annual Fee$100
Minimum Monthly Repayment2% of the closing balance or $25, whichever is greater
Late Payment Fee$15
Foreign Currency Conversion Fee (Visa/Mastercard)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
Additional Cardholder Fee$0
Number of Additional Cardholders1

Expert review

Sally McMullen

Review by

Sally McMullen is Finder's credit cards and frequent flyer editor by day and a music maven by night. Her byline can be spotted on Yahoo Finance, Dynamic Business, Financy and Mamamia as well as Music Feeds and Rolling Stone.

Expert review

Interest-free purchase offers generally range from 6 to 15 months, so the NAB Low Rate Platinum is one of the longer offers on the market. It has a relatively competitive standard purchase rate of 13.99% p.a., which is good news if you’re unable to clear your balance before the introductory period ends.

This card also offers 0% p.a. on balance transfers for 6 months. If you need to repay a large debt, you may want to consider a card with a longer interest-free balance transfer offer.

How to apply

You can apply for the NAB Low Rate Platinum card online in 15 minutes and should receive a response within 60 seconds. Make sure you meet the eligibility requirements and have the necessary documents and information before you get started.

Eligibility criteria

  • Residency. You can apply if you're an Australian permanent resident or citizen. If you are not a citizen or permanent resident, you will need to provide the last overseas address you lived in.
  • Credit history. You must have a good or excellent credit history to apply for this card.

Card benefits

  • 0% p.a. purchase offer. Apply for a new NAB Low Rate Platinum Card and take advantage of 0% p.a. interest on purchases for 15 months. This rate reverts to the standard purchase rate at the end of the introductory period. Minimum monthly repayments still apply during the introductory period but it's wise to pay more than this to repay the entire debt before the standard rate applies.
  • Complimentary travel insurance covers. The NAB Low Rate Platinum Card offers four types of complimentary travel insurance. This includes comprehensive overseas travel insurance and transit accident insurance for international travel, plus interstate flight inconvenience insurance and domestic hotel burglary insurance when you're travelling throughout Australia. The cover is issued by QBE and is available when you make eligible travel purchases using your NAB Low Rate Platinum.

Rates & fees

  • Annual fee. This card has an annual fee of $100.
  • Standard purchase interest rate. Outside of any promotions, the NAB Low Rate Platinum Card has a standard interest rate of 13.99% p.a. on purchases.

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