NAB Velocity Rewards Visa Credit Card Accounts Being Closed on 22 July 2025

LDeal2022 on 14/05/2025 - 19:53
Last edited 14/05/2025 - 20:17 by 1 other user

NAB is no longer offering the NAB Velocity Rewards Visa Credit Card.. its a shame since mine has a no fee waiver on it. anyone with this card? what are our options?
can we ask for a product transfer and keep the no annual fee status? if we do a balance transfer before jul 22 will it still carry over until its paid off? Balance transfer rate

0 % p.a. for 12 months
After that period, your BT reverts to your NAB credit card’s variable cash advance rate of 21.74% p.a.View Disclaimer4

Balance transfer fee 3 %

or are there any promo codes or better offers like in the past?
No Fee Balance Transfer & 0% p.a. Interest for 32 Months for Existing Credit Card Customers @ NAB

or simply do a BT into nab card account and transfer same amount to nab savings account thus avoid nab cash advance fees?

Related Stores

National Australia Bank Group (NAB)

• 

  Deal2022 on 14/05/2025 - 19:58

  ref https://www.nab.com.au/personal/credit-cards/off-sale/nab-ve… it appears others are being offered a platinum card but mine only had a credit limit of $500 and havent used for a long time so they just sent me a letter with no options just to say they will be closing it. might try my luck by calling to see if i increase credit limit to 6k will it be upgraded to platinum with the no annual status
  ?

• 

  tenpercent on 14/05/2025 - 20:00

  +2

  bearish signal

  • 

    Gdsamp on 14/05/2025 - 20:01

    And Bigly

• 

  Deal2022 on 14/05/2025 - 20:34

  looks like they stopped offering the classic rewards card too. hopefully they will get around to sending those holders a free upgrade to platinum soon?

  • 

    Gdsamp on 14/05/2025 - 20:39

    +3

    banks are known for their generosity

• 

  Clickbait on 15/05/2025 - 08:17

  They are either Banks or Credit Card companies, and they have to be separeted
  Simple logic, cash in pocket your money, and costs you nothing. Creit card in pocket their money, and costs you heaps.
  Now that they have been so successful in demonising cash, they are ready to tighten the screws.
  Tighten your belt, cancel your credit cards, and own th emarket.
  That is the only fight