NAB Standard Credit Card - Click4Credit Overview
The NAB
Standard credit card is designed for everyday use. When combined with the 44-day interest free period
and managed well for payments, this NAB
credit card can give you credit card convenience with affordable financing. When
linked with a FlyBuys membership, the NAB Standard Credit Card, like
most NAB credit cards, will earn points that accumulate for a wide
selection of credit
card rewards.
About The NAB Standard Credit Card
This NAB
credit card can be obtained either as NAB Standard Visa Card or NAB
Standard MasterCard. The NAB Standard Credit Card is perfect for
domestic use in Australia. You can charge your everyday spending to the
NAB credit card, enjoying low interest rate on purchases and on balance
transfers, and earning points towards credit card rewards, with its
no-cost link to FlyBuys membership and a wide network of participating
merchants with bonus points. All purchases at the introductory rate
should be paid off within the offer period; otherwise, any balances
still owing will attract the regular interest rate on purchases
(currently 18.99% p.a.).
NAB credit cards offer
an attractive balance transfer package for those with substantial
balances in other credit cards. You can take advantage of the 0% p.a. on balance transfers and purchases for up to 6 months, which may be enough time
to pay off any balances you transfer from your other credit cards.
Although you do not
receive travel insurance when you travel overseas with the NAB Standard
Credit Card, the affiliation of NAB credit cards with Visa and
MasterCard entitles you to emergency travel assistance provided
worldwide by these two companies.
Who may obtain the NAB Standard
Credit Card?
Citizens
and permanent residents of Australia who are over 18 years of age may
apply for the NAB Standard Credit Card. This NAB credit card is for
those who enjoy low interest rate on purchases and balance transfers
during a brief introductory period, and whose card usage is modest
enough to permit paying off in full the amount due every month. You can
apply for NAB credit cards online (which takes about 10 minutes) and,
if approved, you will get your credit card in about 3 days from
approval date � which you should sign immediately upon
receipt.
Key
Features of the NAB Standard Credit Card
- The NAB
Standard Credit Card includes the following standard features:
- A very low
annual membership fee of $30 per annum
- 0% p.a. on balance transfers and purchases for up to 6 months
- Standard
interest rate on purchases of 18.99% p.a.
- Interest
free period on purchases up to 44 days, for those who pay balances in
full
- 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 Standard Visa or NAB Standard MasterCard
- Emergency
travel assistance worldwide, from Visa and 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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