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If you apply and are approved for a new NAB Rewards Platinum Credit Card, you switch on Auto Redemption, spend $4,000 on eligible purchases in the first 90 days from account opening and keep your card open for over 12 months.*
Earn up to 80,000 bonus Velocity Points with a new NAB Rewards Signature Credit Card if you switch on Auto Redemption, spend $5,000 within the first 90 days of the account opening, and keep your card for over 12 months.*
Terms and Conditions
1. Minimum redemption amount = 3,000 NAB Rewards Points. 1 Velocity Point will be earned for every 2 NAB Rewards Points transferred. All Velocity Points redemptions with Velocity Frequent Flyer are subject to availability which may be limited and are subject to Velocity Membership Terms & Conditions. The earning and redemption of NAB Rewards Points is subject to the NAB Rewards Program Terms and conditions. To redeem NAB Rewards Points for Velocity Points, individuals must be a Velocity Member. Membership of Velocity is the account holder’s responsibility and is subject to the Velocity Membership Terms & Conditions as amended from time to time. The redemption of NAB Rewards Points will be administered solely by NAB Rewards and can take up to 10 business days to transfer into the Velocity Membership Account. Once NAB Rewards Points have been redeemed for Velocity Points, they are governed by the Velocity Membership Terms & Conditions and cannot be reversed.
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Applications for credit are subject to National Australia Bank Limited's (NAB) credit approval criteria. Terms and conditions and fees and charges apply. Refer to NAB's website for details. You should consider if the credit card is suitable for you before applying.
