- 0% p.a. for 12 months on balance transfers. One off 3% balance transfer fee applies. BT reverts to variable cash advance rate
- Free additional cardholder
- Low annual fee of only $90 per year
- Up to 44 interest-free days on purchases
- Complimentary International and Domestic Travel Insurance (including COVID-19 coverage effective 30 June 2022, T&Cs apply)
- Tap and pay your way. Enabled for Apple Pay, Google Pay, Fitbit Pay, Garmin Pay and Samsung Pay
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Discontinued: NAB Low Fee Platinum Credit Card
Updated 22 November 2024
This card is no longer available for application. We have kept this information here for anyone who has or had this card.
Offers 0% p.a. for 12 months on balance transfers (a one-off 3% balance transfer fee applies). BT reverts to variable cash advance rate. With the NAB Low Fee Platinum Card, you get one free additional cardholder, special entertainment deals with Visa Offers and Perks, emergency travel assistance, and secure online shopping. Take advantage of a wide range of complimentary insurance covers including international travel insurance, purchase protection insurance, and more.
T&Cs apply.
Purchase Rate (p.a)
19.74%
Balance Transfer (p.a)
0% for 12 months
3% balance transfer fee applies.
Reverts to 21.74% p.a.
Annual Fee (p.a)
$90
Pros and cons
- One off 3% balance transfer fee
Creditcard.com.au review
Editor Review
Discontinued: NAB Low Fee Platinum Credit Card
Pauline Hatch
Pauline is a personal finance expert at CreditCard.com.au, with 9 years in money, budgeting and property reporting under her belt. Ask Pauline a Question about this card.
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The NAB Low Fee Platinum Credit Card
Looking for a premium card with an awesome balance transfer offer? The NAB Low Fee Platinum Credit Card could very well be for you. New cardholders who apply online could enjoy 0% p.a. on balance transfers for 12 months.
Want to find out more about this offer? Want to know if this card is really for you? Luckily, you’ve come to the right place, because we can tell you all of that and more.
What we love…
This little beauty has it all. The looks, the personality, the moves – all in one tight little plastic package. First up, let’s talk a little more about that offer. If you happen to have a credit card balance that you want to pay down, this card could help you do just that.
With this offer, you’ll pay 0% p.a. interest on your transferred balance for 12 months. This can give you some time you need to pay down that debt, while paying heaps less in interest. What do you need to know? Bear in mind, you can only transfer up to 90% of your approved credit limit. You will also need to pay a one-off 3% balance transfer fee.
But this card is not just about its offer. Sure, the offer is super-dooper-amazing, but this card has potential in the long term too. As its name suggests, this is a premium credit card. That means it offers a variety of premium features.
One of the most prominent features is its range of complimentary insurances: five, to be exact. The card offers several international travel insurances, purchase protection insurance and extended warranty insurance. Phew.
What’s not so great…
As with any credit card, there are a few little sticking points that cardholders should be aware of before they apply. Of course, there is that 3% balance transfer fee.
However, it's worth noting that any balance left unpaid at the end of the introductory period reverts to the variable cash advance rate. Cardholders should do their best to avoid this by paying off their transferred balance before interest starts accruing.
Why should you choose this card?
As a premium card, there are some nice features to be had. The NAB Low Fee Platinum Credit Card offers one free additional cardholder, emergency travel assistance and special entertainment offers with Visa Offers and Perks. All for a lovely low annual fee (relatively speaking, of course) of $90.
Overall Rating
For anyone looking for a balance transfer offer, the NAB Low Fee Platinum Credit Card could be suitable. Great features, great low annual fee — just keep an eye on the details.
User reviews
Rates and fees
Interest rates
Purchase rate 19.74% p.a.
Cash advance rate 21.74% p.a.
Interest free period on purchases up to 44 days
Balance transfer
Balance transfer rate 0% p.a. for 12 months
Balance transfer revert rate 21.74% p.a.
Balance transfer from personal loan No
Balance transfer fee 3% one off
Balance transfer limit 90% of approved credit limit
Brands you can't balance transfer from NAB
Credit limits
Minimum credit limit $6,000
Maximum credit limit $30,000
Fees & repayments
Annual fee $90 p.a.
Additional cardholder fee $0 p.a.
Foreign transaction fee 3%
Minimum repayment
Cash advance fee N/A
Late payment fee $15
Additional features
Complimentary insurance
International Travel Insurance Yes - up to 3 months
Flight Inconvenience Insurance Yes
Transit Accident Insurance No
Smartphone Screen Insurance No
Purchase Protection Insurance Yes
Extended Warranty Insurance Yes
Rental Vehicle Excess In Australia Insurance Yes
Extras
Enabled for Apple Pay, Google Pay, Fitbit Pay, Garmin Pay and Samsung Pay
Overview
Discontinued: NAB Low Fee Platinum Credit Card
Key features
- 0% on balance transfers for first 12 months (BT reverts to variable cash advance rate) - Once off 3% balance transfer fee applies.
- Free additional cardholder
- Low annual fee of only $90 per year
- Tap and pay your way. Enabled for Apple Pay, Google Pay, Fitbit Pay, Garmin Pay and Samsung Pay
- Up to 44 interest-free days on purchases
- Complimentary International and Domestic Travel Insurance (including COVID-19 coverage effective 30 June 2022, T&Cs apply)
- Purchase protection insurance
- Extended warranty insurance
Minimum criteria to apply for this card
-
Be over 18 years old
-
Good Credit and have not applied for multiple credit cards recently
-
Resident or citizen of Australia. Temporary residents are eligible.
You have your personal details ready to complete the online application
Pauline is a personal finance expert at CreditCard.com.au, with 9 years in money, budgeting and property reporting under her belt. Pauline is passionate about seeing Aussies win by making their money – and their credit cards – work smarter, harder and bigger
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