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NAB Rewards Business Platinum Credit Card

The NAB Rewards Business Platinum Credit Card  offers up to 1,000 cards per facility, with customized spending limits available for each card, and the ability to earn NAB Reward points for every $1 spent on eligible purchases.

New business credit card applicants can earn a bonus 80,000 NAB Reward points when they make $15,000 worth of business purchases within 90 days of opening the account PLUS NAB is offering the card with $0 annual fee for the first 12 months saving you $175. These introductory offers are available for businesses who apply by 31st May 2017.

The NAB Rewards Business Platinum credit card is designed to help small to medium sized businesses manage their business expenses whilst offering the opportunity to earn NAB Rewards on their spending. The NAB Rewards Program offers 1 point per $1 spent on everyday business purchases, 2 points per $1 spent on purchases made in major department and hardware stores, including Myer, David Jones and Bunnings, and 3 points per $1 for spending with Webjet when travelling overseas or on overseas purchases made in Australia. Card spend on government charges, including ATO payments are not eligible for NAB Reward Points.

The NAB Rewards Program offers the usual redemption options through its online store plus Points can be transferred the frequent flyer programs run by Virgin Australia (Velocity), Cathay Pacific(Asia Miles) or Air New Zealand (Airpoints).

The transfer rates offered are in the mid range where you get 1.5 Velocity Points, 1 Asia Mile or 0.015 Airpoints for every 3 NAB Rewards points.

This translates to a minimum transfer of 3,000 NAB Rewards points for 1,500 Velocity Points, 1,000 Asia Miles or 150 Air New Zealand Airpoints.

The NAB Business credit card includes the option to request up to 1,000 credit cards for use by you and your employees. For each card issued on the account you are able to set individual credit limits can request monthly statements based on individual and overall account spending to help mange your business expenses.

The NAB Rewards Business Platinum credit Card includes complimentary insurance for unauthorised transactions made by any cardholder, plus transit accident insurance cover for specific injuries you may sustain as the result of an accident when you’re a passenger on an authorised business trip.

Features of the NAB Rewards Business Platinum Card

  • Annual fee - $175 p.a. applies for each credit card that is linked to the account.
  • Purchase rate - The standard variable purchase rate for the NAB Rewards Business Platinum Card is 18.5% p.a.
  • Interest-free days - So long as you pay your account in full by the due date on each statement, you can benefit from up to 44 days interest-free on eligible purchases. This offer excludes cash advances including bills paid over the counter at a bank, financial institution or post office, purchases of traveller’s cheques and transactions for gambling or gaming-related purposes.
  • Minimum credit limit - of $5,000 for the facility. All individual credit cards linked to the account must have a credit limit of at least $1,000 each.
Credit Card Details
Provider NAB
Prestige Level Platinum
Credit Card Type Visa
Instant Approval Yes within 60 seconds
Standard Rates
Purchase Rate 18.50% p.a.
Cash Advance Rate 21.74% p.a.
Interest Charged From Purchase date
Interest Free Period Up to 44 days on purchases
Balance Transfer
Balance Transfer Rate -
Balance Transfer Period -
Balance Transfer Fee -
Balance Transfer Processing Time -
Max. Balance Transfer -
Revert rate -
Benefits
Intro Offer 80,000 Bonus Points PLUS $0 Annual Card Fee for the first year
Offer end date 31st May 2017
Rewards Program NAB Rewards
Rewards Points Earn 1 point for every $1 spent
Acceptance Criteria
Age to Apply -
Min. Income -
Residency Australia
Temporary residents No
Min. Credit Limit $1,000
Joint applicants No
Fees & Terms
Min. Monthly Repayment -
Annual Fee $175
Over Limit Fee -
Duplicate Statement fee -
Late Payment Fee $9
Min. Monthly Repayment % -
Max. Credit Limit -
Cash advance fee 2% or $2.50. Whichever is greater
Additional card holder fee $175
Travel & Insurance
Foreign currency conversion fee 3% of transaction value
Overseas atm withdrawal fee $5
Complimentary travel insurance No

What happens when I click "Go to site"?

  • 1

    Clicking Go to site will direct you to the providers web site

  • 2

    Complete the online application on the providers web site

  • 3

    Once approved the provider will issue your new product, delivery times will vary by provider.