$30 Annual Card Fee
0% on Balance Transfers for 6 months
Complimentary Purchase Protection Insurance
Add an additional cardholder at no extra cost
2% Balance Transfer Fee
3% Foreign Transaction Fee
- Verified customer
NAB Low Fee but high interest
I have had the NAB Low Fee card for many years. It is linked to my other accounts and is useful for making seamless transactions between accounts. Initially it was a MasterCard but has now changed to Visa. Previously it also linked to Flybuys but this was discontinued. I was offered a transfer to a NAB Flybuys version but I declined as the fees were higher at the time. Only issue I have had was with a payment that was late. I, for some unknown reason, paid by Billpay and not a direct transfer on the due day. The payment didn't go through until ...a day or two later and I was slugged with a $50 late fee. Tried to argue that it had never happened before and that their T&C said 'may' not 'will' but got nowhere, so my interactions with the customer service for this was appalling. This was nearly the end of it for me but I have stayed on more due to laziness in finding another suitable card, rather than any loyalty to NAB. The current interest rate is 19.74% and what I consider to be very high. I have used the card overseas and had no issues. International fees and currency conversion fees for online shopping are something to be aware of and exchange rates for non-usual currencies are like most banks -miserable. On a plus side they recovered a purchase cost that went to a scammer site for me but it is yet to be finalized, so at present that could go either way - however, they returned the money pending further investigation.
- Everyday Expenses
- Online Shopping
- Special Purchases
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