Finder makes money from featured partners, but editorial opinions are our own.

NAB to launch digital credit card


NAB customers will no longer need to pay on plastic to access their credit.

National Australia Bank (NAB) customers will soon be able to use their credit cards before they've even received their new card with the launch of a new "digital wallet". Cardholders will be able to use their smartphones to make contactless payments of less than $100.

As part of their mobile banking revamp, the organisation will soon launch an app that will involve customers signing a "digital contract" when they apply for a new card. Customers can then upload their card details to a smartphone and use it to make contactless payments. While most banks offer mobile contactless payments through internal apps or third-party apps such as Apple Pay, Android Pay or Samsung Pay, NAB is the first to allow cardholders to make cardless payments before their card has arrived in the mail.

Like the other big four, the NAB digital wallet will be available through the app on Android phones. Meanwhile, iPhone users will need to attach a tag to their phone if they wish to make tap-and-go payments because of the banks' long war over access with Apple and its payment platforms.

This is just the latest of many digital payments innovations to launch in Australia over the last few years. Sixty per cent of all card payments were made using contactless technology last year and reports have stated Australia leads the "tap and go" trend in the world. While mobile contactless payments are less popular than card contactless payments in Australia, the launch of convenient technologies such as NAB's digital wallet could see that change in the coming months.

Picture: Shutterstock.

Latest credit cards headlines

Get more from Finder

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 6. Finder Group Privacy & Cookies Policy.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Go to site