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NAB Low Rate Credit Card: $400 Cashback with $5,000 Spend in 150 Days ($59 Annual Fee) @ NAB

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NAB Low Rate Credit Card: $400 Cashback with $5,000 Spend in 150 Days ($59 Annual Fee) @ NAB
Go to Deal
mantesting on 31/05/2025 - 15:10 nab.com.au (2468 clicks)
Last edited 31/05/2025 - 18:12 by 2 other users

Low fee card, good cash back amount
Good Credit card offers getting harder these days

$400 cashback when you spend $5,000 on purchases within 150 days.

If you’re already a NAB customer you could be eligible for additional credit card offers such as reduced annual card fees, bonus rewards points and more by applying through the NAB app or NAB Internet Banking.

Purchases must be processed and charged to your account in the 150 day period from account opening to count towards the spend criteria.
This offer is only available online. Minimum monthly repayments required. NAB may vary or end this offer at any time. See important information below.

Upcoming Complimentary Insurance changes
Effective 1 July 2025 – For some NAB cards, excesses for certain covers will increase, and benefit limits will reduce under International Travel Insurance.

Effective 15 May 2026 – For some NAB cards, International Travel, Domestic Travel and Rental Vehicle Excess Insurances will be removed. For some other NAB cards, the cover period for International Travel Insurance will be reduced.

Financial Cashback Credit Card VISA

Related Stores

National Australia Bank Group (NAB)
National Australia Bank Group (NAB)

Comments

  • Hits on 31/05/2025 - 15:16
    +15

    $0 fees first year for existing NAB customers

  • Trishool on 31/05/2025 - 16:36

    So I can make up the $5K spend by using it on anything such as utility bills, school fees, etc?

    • Karforoffer on 31/05/2025 - 21:20
      -2

      Anything except balance transfer/ .gov payments (ATO, etc) / council rates / fine payments are considered as "spend" by the bank.

    • shegeloaf on 01/06/2025 - 06:59

      About 8% discount

  • frewer on 31/05/2025 - 16:59
    +1

    Does Bpay count as spending?

    • sghetti on 01/06/2025 - 08:03
      +1

      Generally not on most rewards cards

    • Lord Ra on 01/06/2025 - 11:25

      How do you use bpay on a credit card?

      • johnnytran on 01/06/2025 - 13:36

        The same way you would with a regular account/debit card, through internet banking

  • Aureus on 31/05/2025 - 17:00
    +2

    Still eligible if you have closed a NAB card recently? Can't see any restrictions.

    • wibgyor on 31/05/2025 - 17:10
      +1

      Same q

    • Tuttle on 01/06/2025 - 09:18
      +1

      Seems as though there is no restrictions unlike QF point bonuses.

      NAB Low Rate Card Cashback Offer
      Offer commenced 14 April 2025. To be eligible for the offer, you must apply for a new personal NAB Low Rate Card before the offer is withdrawn, be approved, spend $5,000 or more on everyday purchases within 150 days of account being open.

      Cashback will be credited to your account within 180 days from account opening if the spend criteria is met. Purchases must be processed and charged to your account in the 150-day period from account opening to count towards the spend criteria.

      The cashback will be referenced as a promotional rebate on your credit card statement.

      Everyday purchases exclude transactions NAB decides are wholly or partly for gambling or gaming purposes which are treated as a cash advance. NAB may vary or end this offer at any time. Offer is not available when closing or transferring from another NAB credit card account or in conjunction with any other NAB card offer.

    • denhai on 14/06/2025 - 10:35

      Offer is not available when closing or transferring from another NAB credit card account or in conjunction with any other NAB card offer.

      Found in the Important Information after you click apply.

      • sghetti on 16/06/2025 - 07:58
        +1

        The extra line is a little ambiguous. I assume opening this card alongside say a NAB Rewards Platinum would be fine then? I wouldn't be closing or transferring.

        • celas on 03/07/2025 - 09:28

          I'm assuming the same, I could go to the offer and open a new credit card (I currently had the NAB Reward Signature). I started spending so hopefully will the the cashback.

          Otherwise that make no sense to say "$0 annual fee for existing customer"

          • sghetti on 03/07/2025 - 10:35

            @celas: Who knows, AF and Cashback could have different terms. $0 AF is for existing customers. Cashback has a lot more terms with it. Will find out in a few months, had some basic bills that needed paying anyway so not going out of my way to meet the spend criteria.

  • Sgav89 on 31/05/2025 - 17:16
    +2

    Cashback will be credited to your account within 180 days from account opening if the spend criteria is met. Purchases must be processed and charged to your account in the 150-day period from account opening to count towards the spend criteria.

    The cashback will be referenced as a promotional rebate on your credit card statement.

    —- So do they only pay the $400 at the 6 month mark? even if you hit the $5000 spend in the first month? Secondly, is it $400 credit that you then have to spend (e.g. buying gift cards) via the credit card?

    • ddhar on 10/06/2025 - 22:26

      So do they only pay the $400 at the 6 month mark?

      Would like to know too. If I have to wait 6 months for the credit, then I'm getting other cards.

  • samehada on 31/05/2025 - 17:19
    +4

    This is not a good deal. You'd better get Low Fee card with $200 for $1500 spend, so you can apply 2x Low Fee card and $400 for $3000 spend.

    Or CBA Low Rate card $450 cashback for 6month x $500 spend each month

    • Herbs on 31/05/2025 - 17:23

      Nah, it's ok if, say, I have to buy my wife a $5k handbag…

      • samehada on 31/05/2025 - 17:34

        then you can get Low Fee card from NAB, CBA, ANZ to get all the bonus offer.

      • shegeloaf on 01/06/2025 - 07:03
        +2

        Made in china luxury hand bag?

    • andyfc on 31/05/2025 - 20:02
      +1

      Yep CBA way better.

    • sghetti on 01/06/2025 - 08:06

      Definitely better on the lower spending criteria. But it’ll take at least 6 months to obtain the credit from each month and you pay a $6 per month fee for the card

      • samehada on 01/06/2025 - 11:57
        +1

        6x $6 =$36 <$59 from this card and comparable to NAB low fee card.

        Paying $6 per month is like paying annual fee pro-rata and it is better than paying full annual fee and you will cancel the card as soon as you got the cashback.

        • sghetti on 01/06/2025 - 14:35
          +1

          Existing NAB customers have no annual fee for the first year. Anyone can simply open a savings account and become a member. So $0 fee.

    • bighippo on 01/06/2025 - 13:37

      you can apply for 2x the same card and get the promotion ?

    • Kenryuichi on 02/06/2025 - 12:18

      Low fee card has annual fee of $30

  • chilln2006 on 31/05/2025 - 18:11

    Paying off tax debt.. does that count?

    • chilln2006 on 31/05/2025 - 18:18

      I guess it’s debt, not a purchase :-/

      ?!

    • Theek on 31/05/2025 - 19:11

      if you proxy it via pay.com.au yeah

  • cupnooodle on 31/05/2025 - 20:08
    +1

    Awesome. This will cover the $320 fine I just recieved.

    • Lord Ra on 01/06/2025 - 11:27
      +1

      That's a fine tax you have there.
      Our fine prices are debilitating. It's so unfair that everyone pays the same crazy amount. I don't get why no one lobbies their mps to reduce fines.

  • paloverde88 on 31/05/2025 - 23:34

    29.95% per anum

  • bighippo on 01/06/2025 - 13:37

    no cooling off period to apply after recently closing one ? does not say anything on the T&C

  • engin3chas3r on 04/06/2025 - 23:27

    does anyone know how to track/view when you can reapply to another bank credit card after the exclusion period? p.s. ive lost track how many i've turned in past 6 months but dont know when i can reapply again

    • CodeXD on 16/06/2025 - 20:57

      There is no easy way and you'll need to keep track yourself. Having said that https://www.rwrds.com.au/ is what I use to keep track of my card history. You still need to input when you closed off which card and accessible as long as you have access to internet.

  • Sgav89 on 11/06/2025 - 13:33

    NAb are so crap.

    Tried to sign up "sorry, you already have a NAB ID, sign in and try again"

    Haven't been with NAB for 2+ years. Try all known NAB IDs, none reset password to a phone I've ever used. Terrible lol

  • mameimo on 11/06/2025 - 18:09

    Since everyday purchases only exclude transactions NAB decides are wholly or partly for gambling or gaming purposes, if we pay ATO via Bpay using this credit card, would that count towards the $5,000 spend?

    • amsaini15 on 11/06/2025 - 19:05

      I am talking to NAB and asking the same right now. Will report back soon.

      • amsaini15 on 11/06/2025 - 19:07
        +3

        Bpay transaction are considered purchases. As they are not excluded on the offer page, they are ok. The only exclusions are gambling purchases predominantly.

        "Everyday purchases exclude transactions NAB decides are wholly or partly for gambling or gaming purposes which are treated as a cash advance. NAB may vary or end this offer at any time."

        • mameimo on 11/06/2025 - 19:46
          +1

          Cheers thanks mate

  • CodeXD on 25/06/2025 - 11:28

    Just signed up to this card. They allow you to add card from NAB app to google wallet before receiving the card. Great for those who have urgent payments to make.

    • sghetti on 27/06/2025 - 11:20
      +1

      Yep! Just applied for this while still having a NAB Rewards Platinum card. Was instantly approved and able to add the card to my apple wallet. Have a few expenses coming up which will total the $5000 criteria. $400 cash back on that isn't anything to balk at.

      • sghetti on 27/06/2025 - 14:50

        Should note there are better deals about, but I'm pretty much within the exclusion period for all of them at the moment…

        • dealbrowser on 30/06/2025 - 18:01

          Deals for lower value or what? I have a $5k purchase coming up if I can get it past the CFO. Search not immediately obvious so if you have done the homework I'd appreciate the help. Thanks.

          • sghetti on 01/07/2025 - 08:57
            +1

            @dealbrowser: I'm just meaning in general. There's plenty of Qantas cards or rewards points cards, but I've basically gone through all banks and excluded for at least another 6 months.

            ANZ Rewards Black is a decent one, but they've lowered the points from 180k to 160k, plus you need to hold for 15 months to get the full 160k. NAB Rewards is decent.

            All of the rewards continue to get lower and lower at this stage.

  • golddragon on 01/07/2025 - 13:08

    Anyone received the cash back yet? How long does it take please?

    • sghetti on 02/07/2025 - 08:15
      +1

      Cashback will be credited to your account within 180 days from account opening if the spend criteria is met. Purchases must be processed and charged to your account in the 150-day period from account opening to count towards the spend criteria.

      So 6 months potentially. Not sure how long it is in practice though.

    • stripe on 27/07/2025 - 18:03

      Almost end of July now.. has anyone received their cashback?

      Edit: from last thread it took the three full month for most people.

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