the legal stuff

Terms and Conditions: Approval is subject to NAB’s credit assessment criteria. Fees and charges are payable. Full details of the relevant credit card Terms & Conditions are available on application.

American Express® is a registered trademark of American Express Company.

1. Excludes cash advances (including bills paid over the counter at a bank, financial institution or post office and purchases of travellers cheques), balance transfers, or when a Velocity NAB Credit Card is used as a debit card to access linked accounts or transactions we decide are wholly or partly for a business purpose. Also excludes fees and charges (including government fees and charges), interest charges, transactions which are disputed, fraudulent or involve abuse of your Velocity NAB Credit Card account, payments, and purchases which are refunded or reimbursed.

2. This Special Promotion rate of 4.99% p.a. for Velocity NAB Credit Cards will apply to any balance transfer amount from up to two non-NAB credit or store cards for the period from the time the balance transfer is made to your NAB Credit Card account for six complete monthly statement periods, unless these amounts are paid off earlier. These balance transfer amounts are designated as cash advances under the Terms & Conditions applicable to your NAB credit card account. If at the end of the six month statement period applicable to any balance transfer amount any portion of that amount is owing, that amount will attract interest at the Cash Advance Indicator Rate then applicable to your NAB Credit Card account. Payments to your account will be applied to the balance transfer amounts before any other cash advance or purchase amounts and in the order detailed in the Terms & Conditions applicable to your NAB credit card account. Please note the promotional rate for up to six months on balance transfer amounts must be applied for at the point of full credit card application. This rate will appear separately on your card statement and only applies to balance transfers from non-NAB credit card (or store) accounts. NAB reserves the right to withdraw this special balance transfer invitation at its discretion.

3. Excludes cash advances (including bills paid over the counter at a bank, financial institution or post office and for the purchase of travellers cheques) and balance transfer amounts. Up to 44 days interest-free on purchases if you pay your account in full by the due date each month.

4. Additional cardholder must be 16 years of age or older. All transactions using the additional cards will be the responsibility of the primary cardholder.

5. Annual card fee and interest rate is current as at 30 May 2010 and are subject to change. Other fees and charge may apply.

6. National Australia Bank Limited has obtained NAB Gold Overseas Travel Insurance, Extended Warranty Insurance and Purchase Protection Insurance under Master Policies issued by American Home Assurance Company ABN 67 007 483 267 AFSL 230903 trading as AIG Australia. The benefits of NAB Gold Overseas Travel Insurance, Extended Warranty Insurance and Purchase Protection Insurance are extended to Velocity NAB Gold cardholders. The terms, conditions and exclusions for these insurances are specified in the NAB Gold Insurance Policy Document and may be amended from time to time.

7. Excludes cash advances (including bulls paid over the counter at a bank, financial institution or post office and purchases of travellers cheques). Up to 55 days interest free on purchases if you pay your account in full by the due date each month.

8. Applies to purchases in AUD in Australia and made through virginblue.com.au or the Virgin Blue Guest Contact Centre and where Virgin Blue (and not a third party such as an agent) is identified as the merchant for the transaction.

9. Membership will be automatically terminated if there is no earning or redeeming activity on a membership account for a period of 36 consecutive months.

Other important information
A credit card offers you great flexibility and convenience. But it's important to remember that, like any debt, you will have to repay it. If you are unsure as to whether you will be able to manage repayments for a new credit card, then you should not consider taking up a NAB Credit Card at this point in time.