NAB Buy Now Pay Later
Verified10 reviews
I am a NAB customer. Recently NAB release its Now Pay Later Visa card which splits payments into 4 fortnights with no interest. Recently I’ve been using NAB more and more because of the value I get. NAB goodies are similar to AMEX and other credit providers offering cash back or discounts albeit for lower value purchases. I have saved a lot of… Read more
money from internet service provider, fuel and shopping. I’ve stopped using Afterpay as frequently as I used to. If Afterpay doesn’t get on board with these sort of spend incentives it will be a tough environment to compete.
I think there are some sort of scam that goes on with NAB pay later, whenever I purchase something using this method, it makes my account balance in my regular account disappear or changes, like it automatically withholds or deduct some money from my account. However when I start making repayments I will be billed as if no money was deducted from… Read more
my account in the first place and my question is where does that money which is taken out of my savings account go to whenever I make a purchase with NAB now pay later? This is a scam which many people don’t know.
Decieving – Takes random payments. Sends account into overdraft but not the full repayment amounts, so doesn't allow redraw. Overdrawn savings account and no access to available credit on NAB no Pay Later. Lose lose. Been embarrassed so many times at check out. Better off without it. I note NAB have blocked reviews. Show details
Be careful with this service. Lowers your credit score, NAB does not report closure to Equifax – Use ZIP, Paypal or Afterpay instead. Closed account months ago, but they did not report the closure to Equifax which is damaging my credit rating. If you need to talk to them online, you have to deal with a useless bot that will never understand your questions. In summary, having a $1000 limit of pay later, destroys your rating more than a 20k… Read more
personal loan. This is bad debt and you will regret it.
Check the other reviews, all of them exactly 6 months ago and suspicious language, some of them are most likely from NAB employees. Nobody comes to Product Review to say good things about a bank, specially one of the big 4.
By the way, it is 2024 and they still have a 'high volume of calls' I guess it is Covid.
So simple and easy – It was so easy to apply in the app. I could use it within minutes and it was really handy to have over Christmas.
Amazing 100% digital product – This is an amazing 100% digital product, environment friendly. Best feature is virtual card and dynamic CVV
This is perfect! – NAB Buy Now Pay Later is so easy to use!
Best Buy Now Pay Later Product – NAB Now Pay Later is definitely the best product in the BNPL market. There are no late fees or interest charged for missed repayments. The application process was super quick and easy and I could start using my product straight after applying. I also love that there is a security code that frequently changes, especially given all the fraud that is currently occurring.
Best BNPL product out there – I love my NAB Now Pay Later account and use it everyday. Easy to apply, and I love that there's no fees and the payment reminders come through before each payment is due. The fact I can use it anywhere makes it the best BNPL out there IMO.
Would recommend – Easy to apply, access and use. Payment reminders are great and that one time I did miss a payment, I appreciate that it stopped my account as a prompt without hitting me with a late fee. I also like that you need to have the first payment available in your account to make the purchase - This feels like a responsible way to use these buy now pay… Read more
later products so that you don't spend way more than you have while still allowing to use it as a budgeting tool.
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