This was posted 10 months 14 days ago, and might be an out-dated deal.

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NAB Rewards Platinum Credit Card: 60,000 Bonus Velocity Points with $1,000 Spend in 60 Days, $95 Annual Fee @ NAB

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NAB Rewards Platinum Credit Card: 60,000 Bonus Velocity Points with $1,000 Spend in 60 Days, $95 Annual Fee @ NAB
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TechNerd on 27/06/2023 - 20:46 nab.com.au (16253 clicks)
Last edited 06/09/2023 - 05:56 by 1 other user

I was browsing NAB website and noticed this popular deal now available directly through NAB.

The 120K points were awarded to me very quickly (approx ~5 days after spend criteria was met) and I ended up using it to redeem $650 worth of gift cards (before it auto redeemed into velocity points)

Terms & Conditions:
NAB Rewards Platinum Card — 70k Velocity auto redemption offer
Offer commenced on 6 June 2023 and ends 5 September 2023. To be eligible for the up to 70,000 Velocity bonus Points offer (automatically redeemed from 140,000 NAB Rewards Bonus Points), you must be a Velocity Frequent Flyer member, apply for a new personal NAB Rewards Platinum Credit Card before the offer is withdrawn, have your application approved, provide your Velocity membership number to NAB to enrol in Auto Redemption, spend $1,000 on everyday purchases using your new card within 60 days of opening account and keep you card for over 12 months. You’ll receive an email from NAB after your application has been approved with information on how to provide your Velocity membership number to NAB. Redemption of Velocity Points and the Velocity membership is subject to the Velocity membership Terms and Conditions.

Points will be awarded on a tiered basis – You will be eligible to receive 120,000 NAB Rewards Bonus Points when you spend $1,000 on everyday purchases in the first 60 days of opening your account (credited to your NAB Rewards points balance within 3 months of meeting the spend criteria, and will be automatically redeemed for 60,000 Velocity Points within 10 days thereafter and 20,000 NAB Rewards Bonus Points after you have had your card for over 12 months (credited to your NAB Rewards points balance within the 13th month and will be automatically redeemed for 10,000 Velocity Points within 10 days thereafter). The name of the cardholder must match the name on the Velocity membership number. Offer limited to one total allocation of 140,000 NAB Rewards Bonus Points per Velocity account.

Everyday purchases exclude transactions NAB decides are wholly or partly for gambling or gaming purposes. You must provide your Velocity Frequent Flyer membership number to NAB in order to have your NAB Rewards points automatically redeemed for Velocity Points. Each week the NAB Rewards Points that you've earned will be transferred to Velocity Points with 2 NAB Rewards Points = 1 Velocity Point, provided your Velocity Frequently Flyer membership is linked to your account.

Your NAB Rewards Platinum Credit Card must remain open and in good standing, and you must be enrolled in Auto Redemption to receive the Velocity Points.

This offer is not available to existing NAB Rewards Signature or NAB Rewards Platinum Credit Card customers or customers who have had a NAB Rewards Signature or NAB Rewards Platinum Credit Card within 18 months prior to applying for a new NAB Rewards Platinum Credit Card. Offer is not available when closing or transferring from another NAB credit card account or in conjunction with any other NAB credit card offer.

A reduced annual card fee of $95 will be charged when the card is opened and applies for the first 12 months. You will be charged the standard $195 annual card fee in the 13th month of your card account.

Financial Credit Card Frequent Flyer Reward Points Velocity Frequent Flyer VISA

Related Stores

National Australia Bank Group (NAB)
National Australia Bank Group (NAB)
Velocity Frequent Flyer
Velocity Frequent Flyer
Marketplace
Visa
Visa

closed Comments

            • TechNerd on 30/06/2023 - 17:35
              +1

              @hohoisme: I don't remember when I actually linked my card. But in the cards sections of the NAB app, it should have a section where it says redeem points and I clicked through there.

              If you cant see it you might have to wait for your physical card.

              • hohoisme on 30/06/2023 - 17:39

                @TechNerd: Well I can't see the "redeem points" option in "Cards" so probably need to wait for physical card…

                • BrunoBear on 30/06/2023 - 17:44
                  +1

                  @hohoisme: No you don't need the physical card. Click cards in the app and select the card then you should see it. I have added my card to google wallet as well so that might be required first.

                  • hohoisme on 30/06/2023 - 19:47

                    @BrunoBear: Just added the card to google pay but still didn't see the redeem points option. It actually shows "Thank you for signing up to NAB Rewards. Your NAB Rewards points will be available within the next few days." However I never provided VFF number at all during application…

  • TrueArkad88 on 29/06/2023 - 12:17

    Is BPAYing bills (utilities, phone, etc..) considered spending towards the $1000?

    • BrunoBear on 29/06/2023 - 12:26

      No, unless you do it through a payment processor like sniip

      • Pecco on 09/07/2023 - 23:09

        damnit, how come (I did this for a bill to avoid a credit card fee on an electricity bill) and how do you tell what counts towards the $1000 or not? it just shows up as a transaction on the credit card

  • impoze on 29/06/2023 - 12:34

    Anyone know if council rates are excluded?

    • xT22 on 30/06/2023 - 06:48

      Or if paying land tax is excluded?

  • mridiota on 29/06/2023 - 14:48

    will buying 10x100 TCN CARD from woolsworth count as $1000 spent?

    • BrunoBear on 29/06/2023 - 14:49
      +1

      Yes

    • TechNerd on 29/06/2023 - 16:15

      Yes - I purchased Ultimate Gift cards with mine from Coles (which were discounted by 10%)

      • ionisedsalt21 on 02/01/2024 - 13:50

        What about buying apple gift cards from woolies/coles etc? does that count towards spend?

        • TechNerd on 02/01/2024 - 13:54

          Yes any gift card you purchase from woolies and Coles should count towards spend.

          There is also 20x flybuys points on Apple gift cards at Coles tomorrow https://www.ozbargain.com.au/node/823218

          • ionisedsalt21 on 02/01/2024 - 14:18

            @TechNerd: Thanks! Do I need to have VFF to get the 120K points? I only want to use NAB rewards points and have no need for VFF points.

            • TechNerd on 02/01/2024 - 14:21

              @ionisedsalt21: Some people have mentioned that they didn’t enter any VFF number in the NAB rewards site and still got the 120K points. I didn’t want to take the risk so ended up signing up to VFF and entering the number on the NAB rewards site

              • JohnSy on 02/01/2024 - 14:23

                @TechNerd: I had this card earlier this year and got this offer. I used the 120K points to redeem them for gift cards. The 120K is added to your account first - and then a number of days later it converts to VFF points if you have entered your VFF number. Therefore I suspect you don't necessarily need to have VFF to get them.

                • ionisedsalt21 on 02/01/2024 - 17:28

                  @JohnSy: I hope I can get away with not adding VFF and still get the NAB Reward points, my concerns are that they may have changed wording or their policy to enforce the requirement of adding VFF in order to get the points.

  • impoze on 29/06/2023 - 16:21

    how soon after approved do you get the email to link velocity flyers?

    • TechNerd on 29/06/2023 - 16:30

      I didn’t wait for the email, I just went into the NAB rewards store and provided my number for auto redemption. I believe the email tells you to do the same thing.

      Instructions on how to do this here: https://www.ozbargain.com.au/comment/13951355/redir

      • impoze on 29/06/2023 - 16:56

        thanks, not the easiest process but found it

      • ShrimpDuck on 03/07/2023 - 16:07

        Have you received the email yet? Got approved on the 29th but haven't received an email about VFF so wondering if it's still valid

        • TechNerd on 03/07/2023 - 22:30

          Once you’ve received the card, you can just link the VFF number in the rewards store through the NAB app. Follow instructions below (this works even you haven’t received an email)

          https://www.ozbargain.com.au/node/784275#comment-13951355

          • JMosk on 04/07/2023 - 11:44

            @TechNerd: I tried this but got an error so I called up and they said they didn't have my details yet (applied last Wednesday and approved on Friday). Said it could take up to 2 weeks to be able to enter my vff number…

            • hohoisme on 06/07/2023 - 09:03

              @JMosk: Same story here. I just don't know if i will receive 120k NAB points without linking VFF because I rather redeem for gift cards.

              • jjj123 on 07/07/2023 - 14:51

                @hohoisme: have you tried? i am in the same boat

              • JMosk on 10/07/2023 - 13:47

                @hohoisme: Logged in again today and was able to enter my vff via the app.
                Yet to receive bonus points

  • coloururwings on 29/06/2023 - 18:15
    +2

    Does it mention the bonus points in your credit card offer email once it's approved? Mine also didnt mention anything about providing velocity points..

    • hohoisme on 01/07/2023 - 09:45
      +1

      Same here. Did not see anywhere mentioning about the VFF points.

      Did you get any update on this?

      • coloururwings on 03/07/2023 - 22:57
        +1

        Contacted NAB and got told as long as i provided my VFF No. its considered opted in. Fingers crossed the points will show up after I spend $1000

        • ShrimpDuck on 04/07/2023 - 01:57

          Are they referring to supplying the VFF within internet banking/the app or was there a step I missed on sign up?

        • hohoisme on 04/07/2023 - 08:17

          When and how did you provide your VFF number?

  • BrunoBear on 30/06/2023 - 00:36

    In the last page before submitting application the annual fee reverts to $195. In all the previous pages in shows $95
    If they charge this amount, I guess I'll have to get $100 (or hopefully more) refunded once i complain.

  • grandmaster000 on 30/06/2023 - 00:58

    Looks like I missed a great deal. I found this only after submitting my application for the NAB Rewards Platinum Credit Card with 80,000 NAB Rewards bonus points

    https://www.nab.com.au/personal/credit-cards/nab-rewards-car…

    By calling them, can I get my approved application's reward changed to 60,000 Velocity Points instead?

    • whyisave on 30/06/2023 - 19:25

      https://www.nab.com.au/personal/credit-cards/nab-rewards-car…

      Do you think:
      • 60k NAB points is better than 120k NAB points ?
      ( • 30k Velocity points is better than 60k Velocity points? )

      • grandmaster000 on 30/06/2023 - 19:32
        +1

        It's the otherway round. I applied for 60k NAB points offer instead of the current 120k points deal.

        • whyisave on 30/06/2023 - 20:41

          Ah,…sorry to insinuate that.
          The way I read it, made me jump to that conclusion.

          On a separate occasion today,
          my colleague said the same thing to me (about the same offer you signed up for),
          until I had to point out to him that NAB points were different to Velocity points.

    • westzod on 17/08/2023 - 14:55

      Did you ever get this sorted or just have to re-apply?

      • grandmaster000 on 23/08/2023 - 07:49

        A friendly customer care representative helped raise a customer case with NAB Resolve and it took a while to get the offer changed for the existing credit card.
        Product transfer was not required as it is the NAB Rewards Platinum Credit Card under both offers.

        • westzod on 23/08/2023 - 08:58

          Ah so basically you have to hit the requirement and they'll give the right offer manually?

  • Happyd on 01/07/2023 - 06:44

    Good deal for a low fee. This deal currently offers relatively better points (90k velocity, $225 annual fee), though at a higher minimum spend of $3,000.

  • [Deactivated] on 02/07/2023 - 13:27

    Can you pay your council rates with these NAB reward cards and count towards your spend??

  • One2Share on 02/07/2023 - 18:06

    While waiting for the physical arrived, confirm able to start using / spending the credit card added to Google pay.

  • lickjimmy1 on 02/07/2023 - 22:27

    Ok. So it does include insurance.. anyone know what the eligibility is for travel insurance? Eg. Book flights, accommodation, etc with card

  • hongd on 03/07/2023 - 13:43

    What gift card are you buying for $650? Checking https://store-rewards.nab.com.au/en-AU/items/category/CAT_NA…
    121K is roughly converting to $600 wws/coles gift card
    If applying "NAB Rewards Signature Card with Velocity", 160K bonus looks even more attractive (even minus $100 annual fee difference)

    • TechNerd on 03/07/2023 - 13:47
      +1

      I purchased Ultimate Home Gift cards and at the the time I redeemed the gift cards there was a 10% off sale for all ultimate physical gift cards. $650 was just under 120K points.

      I think that sale has finished, so as you said, now it is currently worth around $600. Note if you decide to purchase physical gift cards, they take a long time to be shipped. I ordered mid June and am still waiting for mine to be shipped. You might be better off just purchasing eGift Cards instead.

  • ycon on 03/07/2023 - 17:13
    -1

    Thanks Op, but I think we need ways to make these deals more clear. I see mentioned- 70k bonus, 60k bonus, 120k bonus

    Am I correct > you get 120k NAB points (which converts to 60k Velocity points)?

    Then you get 10k Velocity points for staying for 1 year?

    • TechNerd on 03/07/2023 - 22:28

      Yes…this is explained under the terms and conditions I pasted into the post

      Points will be awarded on a tiered basis – You will be eligible to receive 120,000 NAB Rewards Bonus Points when you spend $1,000 on everyday purchases in the first 60 days of opening your account (credited to your NAB Rewards points balance within 3 months of meeting the spend criteria, and will be automatically redeemed for 60,000 Velocity Points within 10 days thereafter and 20,000 NAB Rewards Bonus Points after you have had your card for over 12 months (credited to your NAB Rewards points balance within the 13th month and will be automatically redeemed for 10,000 Velocity Points within 10 days thereafter). The name of the cardholder must match the name on the Velocity membership number. Offer limited to one total allocation of 140,000 NAB Rewards Bonus Points per Velocity account.

  • jamin on 04/07/2023 - 00:03
    +1

    Any reason I should go for this deal instead of sticking with Qantas points program and going for this deal?

    $150 fee
    90,000 bonus points (70,000 + 20,000 promotion) with $2,000 spend over 60 days.

    https://www.nab.com.au/personal/credit-cards/offers/qantas-p…

    • BrunoBear on 04/07/2023 - 00:04
      +1

      I got approved for both

      • jamin on 04/07/2023 - 00:06

        At the same time?

        • BrunoBear on 04/07/2023 - 00:07
          +1

          Yes within a week of each other

          • jamin on 04/07/2023 - 00:11

            @BrunoBear: Cool. Thanks @BrunoBear.

            Think I'm going to go for QFF first as it seems slightly better value, then go for this VFF one once that's approved.

            Are QFF and VFF points similarly valued?

            • BrunoBear on 04/07/2023 - 00:16
              +1

              @jamin:

              Are QFF and VFF points similarly valued?

              Yeah they're both about 1c/pt if you were to sell them

              • Pecco on 09/07/2023 - 23:14

                @BrunoBear: how do you sell them?

                • BrunoBear on 09/07/2023 - 23:16
                  +1

                  @Pecco: On the classifieds section, plenty of people wanting to buy.

    • ausmisc on 04/07/2023 - 13:19
      +1

      What's the 20k promotion? Can't see it mentioned on that page.

      • TechNerd on 04/07/2023 - 15:06
        +1

        NAB provides 70K, qantas is running a promotion with the additional 20K. See link below:

        https://www.qantas.com/au/en/frequent-flyer/member-offers/ne…

      • whyisave on 05/07/2023 - 21:31

        It's 120k NAB points for meeting the eligibility requirements wihin 60 days,
        and then, if you keep your card more than 12 months,
        you get the extra 20k NAB points in the 13th month.

        The NAB points can then be converted into Velocity points,
        and/or gift cards in the NAB portal.

        All details and application can be found here
        —> https://www.nab.com.au/personal/credit-cards/offers/velocity…

        • dinglejerry on 06/07/2023 - 12:20

          When do you actually provide your velocity number? I got approved, but so far haven't been asked.

          • whyisave on 06/07/2023 - 12:52

            @dinglejerry: If it doesn't ask you during the application process,
            you can still add the membership number in your 'Rewards' account.

            • dinglejerry on 06/07/2023 - 13:20
              +1

              @whyisave: Yeah I just added it in the auto redemption option. I assume that's it. Thanks

  • dealoverlord on 04/07/2023 - 15:37
    +1

    Anyone able to access NAB Rewards? It's been days since I've had the card approved and on my apple pay (I just received the physical card today too). However still getting "Your NAB Rewards points will be available within the next few days" when trying to access the rewards shop.

    I don't want to start spending on it till I get my VFF no. in. Or maybe I need to have a few transactions first?

    • hohoisme on 04/07/2023 - 18:08

      Im on the same boat, i never provide VFF number and it shows the same thing…

    • watwatwat on 04/07/2023 - 23:06

      Same situation for me.

    • hohoisme on 05/07/2023 - 16:31

      Well I just called NAB loyalty rewards team, the lady told me that she cannot see my card information in their system and asked me to wait for 1-2 weeks. Apparently according to her words, it takes 1-2 weeks to activate the card and update customer's information in their system, then they will be able to help to link VFF number.

      • coloururwings on 05/07/2023 - 19:02

        Not what i was told…. I was able to link VFF online and confirm its linked over the phone on the same day the card was approved

        • hohoisme on 05/07/2023 - 19:10

          It's weird. Looks like some people like us came across different messages "Your NAB Rewards points will be available within the next few days" in the "Cards" section where we are unable to link VFF at all or even go to rewards store.

          Now I am a little scared if I will get the promised points as I have already spent some money…

          • coloururwings on 05/07/2023 - 19:16

            @hohoisme: I have spent too.. no points showing yet but the girl on the phone confirmed VFF was successfully linked and id get the points after spending $1000 within 60 days. Fingers crossed we will get the points

            • hohoisme on 05/07/2023 - 19:47

              @coloururwings: Can I ask when did you link VFF? Was it during application process or after the card was approved?

              • coloururwings on 08/07/2023 - 12:15

                @hohoisme: Linked VFF on internet banking straight after the card was approved

    • maaz12 on 06/07/2023 - 18:41

      same situation here aswell, although they said i dont need to link anything and will get 120,000 points upon spending $1000. has been 4 days since i received my card and activated.
      Still getting "Your NAB Rewards points will be available within the next few days"

    • One2Share on 07/07/2023 - 09:57

      Activated physical card 2 days ago. Managed to access NAB Rewards and link Velocity account today.

      Made a couple of transactions with Google pay before physical card arrived. Hopefully with get points for those transactions as now showing zero point balance.

      • One2Share on 08/07/2023 - 20:19

        Update: Points appeared now. No waiting for the bonus points.

        • hohoisme on 08/07/2023 - 20:34

          Did you receive the bonus points?

          • One2Share on 08/07/2023 - 20:36
            +1

            @hohoisme: Typo correction:

            Update: Points appeared now. "Now" waiting for the bonus points.

    • ShrimpDuck on 07/07/2023 - 21:54

      Got approved 8 days ago and my NAB rewards now just became available to click under the card

    • heytherehoney on 18/07/2023 - 22:12

      Did you have to activate your card before you could add it to Apple Pay?

      I can't activate mine until I've gotten the physical card, but it seems like I can't add it to Apple Pay until it's activated.

      My NAB app says 'You have no cards eligible for Apple Pay'

  • Duece1995 on 04/07/2023 - 18:50

    What happens if you don't enter a VFF number? Do you still get the 120k points?

    • hohoisme on 04/07/2023 - 19:21

      Someone said you can call NAB to link your VFF number to your account.

    • superozbargain on 06/07/2023 - 16:07
      +1

      I was told by the support team saying if I don't enter VFF, then I will still get 120k, let's see.

      • hohoisme on 06/07/2023 - 17:34

        That's good news for people like me who don't really need VFF points…

  • tobi3421 on 05/07/2023 - 14:06

    Has anyone had an issue with NAB application after being declined by Virgin money? No issues with credit score and haven't used NAB issued credit cards in a while

  • victimize on 06/07/2023 - 11:26

    Has anyone been declined on this card yet?

    Applied Monday, still no response.

    • fLaMePrO on 06/07/2023 - 15:36

      Were you asked for any documents? I had to provide some, then a few days later was asked for more and was assigned someone to look after my application. Then took a few more days to get approved.

      It actually took far too long for a credit card with a paltry 6k limit, was pretty annoyed at all the stuff they were asking for.

      • victimize on 06/07/2023 - 15:39

        It automatically says to provide documentation when conditionally approved, so thats what i did.
        They assigned me a case manager as of yesterday, just waiting….

        • fLaMePrO on 06/07/2023 - 15:51

          Yeah they will try to call you, then send an immediate email follow-up with what they need. Hopefully not too much longer!

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