NAB Gold
Credit Card - Click4Credit Overview
This NAB
credit card is the gold card most suitable to those who want a wide range of features for a competitive annual fee
About The NAB Gold Credit Card
NAB Gold
Cards are available in two versions � NAB Gold Visa or NAB
Gold MasterCard. Whatever your choice will be, NAB credit card benefits
will be the same. All NAB Gold Card holders receive National
Gold Overseas Travel Insurance, purchase protection and extended
warranty. Members of FlyBuys can link their NAB Gold Card to the
FlyBuys membership at no extra cost; this link enables you to earn and
accumulate points towards special awards, particularly at participating
bonus point providers.
NAB credit cards offer
a convenient package for cardholders who have substantial balances in
other credit cards which can be transferred to a new NAB Gold Card. The
low balance transfer rate gives you some leeway in time to settle the
debt at reduced cost. Note that if there are still balances owing at
the end of the 6-month period, these will attract the regular interest
rate (18.99% at present but subject to change).
Overseas travel
insurance cover comes to you if you use your NAB Gold Card to purchase
at least 50%`of your travel arrangements (including those for your
spouse and dependent children accompanying you) before your departure.
Cover will apply for any number of trips you make in a year, but it is
limited to 90 consecutive days for each trip. The insurance covers the
usual uncertainties of travel (cancellations, travel accidents,
medical, lost luggage or travel documents, etc.) and also includes
kidnap-and-ransom and hijack-and-detention situations.
Who may obtain the NAB Gold
Credit Card?
Citizens
and permanent residents of Australia who are over 18 years of age may
apply for the NAB Gold Card. The NAB Gold Card is for those who want
some reprieve on interest cost on their credit card balances and
believe they can manage debt better after that. Once the application is
approved, the credit card should be in your hands in about 3 days from
approval date.
Key Features of the NAB Gold
Credit Card
The
NAB Gold Credit Card includes the following standard features:
- Annual
membership fee of $90 per annum
- Check for current offers on application page
- Standard
interest rate of 18.99% p.a.
- Interest
free period on purchases up to 44 days, for those who pay balances in
full
- Special
insurances includes National Gold Overseas Travel Insurance for
overseas travel
- No extra
charge for supplementary cards (additional cardholder must be at least
16 years old)
- No extra
charge for links to FlyBuys membership
- Available
as NAB Gold Visa or NAB Gold MasterCard
Important Information
Approval is subject to NAB�s credit assessment criteria. Terms and conditions available on application. Fees and charges apply. NAB offers a range of credit cards which may not be described here. For more information, please visit nab.com.au/creditcards.
1. Annual card fees are subject to change. Correct as at 24 December 2007. View full details of fees and charges at nab.com.au
2. �Purchases� Exclude cash advances (including bills paid over the counter at a bank, financial institution or post office and for the purchase of travellers cheques). Interest free days on purchases if you pay your account in full by the due date each month
3. Cash back is calculated as 1% of net purchases made during a statement period and is credited directly to your NAB Visa Mini account. Purchases included in the cash back calculations are described in the terms and conditions which are available on application or at nab.com.au
4. National Australia Bank Limited has obtained NAB Gold Overseas Travel Insurance, Purchase Protection Insurance and Extended Warranty Insurance under Master Policies issued by American Home Assurance Company ABN 67 007 483 267, AFSL 230903, trading as AIG Australia. The benefits are extended to NAB Gold Card cardholders. The terms, conditions and exclusions of NAB Gold Overseas Travel Insurance, Purchase Protection Insurance and Extended Warranty Insurance are specified in the NAB Gold Insurance Policy Document [PDF 234kb] (opens in a new window) and may be amended from time to time.
5. Minimum spend thresholds and standard FlyBuys terms and conditions apply. The FlyBuys program is operated by Loyalty Pacific Pty Ltd ABN 82 057 931 334.
6. You must provide NAB with your valid Velocity Membership Number to enable points to be credited to your Velocity Rewards Account. If you are not a Velocity Member, you can join by visiting velocityrewards.com.au. Velocity Membership and Points earn and redemption are subject to Velocity Terms and Conditions, as amended from time to time, and available at velocityrewards.com.au. The Velocity Program is operated by Velocity Rewards Pty Ltd ACN 116 089 448 as trustee of The Loyalty Trust.
7. Excludes cash advances (including bills paid over the counter at a bank, financial institution or post office and purchases of travellers cheques) or when a Velocity NAB Credit Card is used as a debit card to access linked accounts or transactions we decide are wholly or partly for a business purpose. Also excludes fees and charges (including government fees and charges), interest charges, transactions which are disputed, fraudulent or involve abuse of your Velocity NAB Credit Card account, payments, and purchases which are refunded or reimbursed.
8. Velocity Points do not expire as long as your Velocity Rewards Account remains active.
A credit card offers you great flexibility and convenience. But it is important to remember, like any debt, you will have to repay it. If you are unsure as to whether you will be able to manage repayments for a new credit card, then you should not consider taking up a NAB Credit Card at this time.
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