NAB Low Rate Card lets Aussies cut interest with 0% transfers and up to $300 cashback

Why Aussies choose the NAB Low Rate Card

The NAB Low Rate Card is built for Australians who want simple, low-cost credit without the bells and whistles of points programs. With a competitive variable purchase rate and a clear cashback incentive, the NAB Low Rate Card is pitched at people who prioritise savings and straightforward account management.

Local customers appreciate that NAB keeps the fees transparent and offers a free additional cardholder, making it practical for couples and families across Australia. This card’s mix of low interest and manageable perks makes the NAB Low Rate Card easy to recommend to everyday spenders looking to cut borrowing costs.

Cashback up to $300 and how the offer works

New cardholders can earn up to $300 cashback with the NAB Low Rate Card by spending $500 in each of the first three months, giving clear targets for people who want quick value from a new card. Even if you miss one month, partial cashback may still apply, so there’s flexibility for those with variable monthly budgets.

For Aussies who shop locally or pay regular bills on their card, the cashback can offset fees early on and reduce the effective cost of carrying the card. Emphasising “NAB Low Rate Card cashback” in searches will help users find the current terms and eligibility requirements on NAB’s site or comparison tools.

0% balance transfer and low ongoing rates

The NAB Low Rate Card offers a 0% p.a. balance transfer for 12 months with a 3% transfer fee, which can be a smart move for clearing higher-interest balances from other cards. This 0% balance transfer window combined with a 13.49% p.a. purchase rate (variable) makes the NAB Low Rate Card a solid option for Australians wanting to reduce interest charges fast.

There’s also a separate long-term balance transfer option available, so compare the scenarios before you apply — sometimes the maths favours a longer term with a different fee structure. Searching “0% balance transfer NAB Low Rate Card” will pull up calculators and guides tailored for the Australian market to help with comparisons.

Fees, eligibility and how to apply

The NAB Low Rate Card has a modest annual fee and a 3% foreign transaction fee, so it’s best for cardholders who mainly spend in Australia; travellers should weigh that cost against other travel-friendly cards. Applicants need to be at least 18 and generally resident in Australia, with proof of income and ID to meet NAB’s standard checks.

Applying online is straightforward via NAB’s site or through a bank branch, and the NAB mobile app makes tracking payments, cashback progress and balance transfers easy for everyday Aussies. For best results, compare the NAB Low Rate Card’s features and fees against other options to make sure it matches your financial goals before you commit.