Offer 1:
- 0% p.a. for 14 months on balance transfers
- Earn 10,000 bonus Velocity Points bonus Velocity Points
- Half annual fee in your first year
Earn 10,000 bonus Velocity Points when you spend $5,000 or more on retail purchases within 3 months of card approval. Plus pay no interest on balance transfers for 14 months1 (reverts to cash advance rate) and save ½ the annual fee in the first year – that’s a saving of $65.
Offer 2
- 0% p.a. for 12 months on purchases
- 0% p.a. on balance transfers for 6 months
Pay no interest on purchases for 12 months from date of card approval. Plus get 6 months interest free on balance transfers (reverts to cash advance rate).
Offer 3
- Earn up to 30,000 bonus Velocity Points
- Half annual fee in your first year
- 0% p.a. for 6 months on balance transfers
Get 0% p.a. for 6 months on balance transfers (reverts to cash advance rate), plus earn 10,000 bonus Points for every month $1,500 or more is spent for the first 3 months from card approval.
Annual fee: $129
Additional card fee: $39
Purchase rate: 20.74% p.a.
Interest free days on purchases: Up to 44
Cash advance rate: 20.99% p.a.
Minimum credit limit: $6,000
Minimum income required: $35,000
NAB Velocity Rewards Premium is probably a better choice than Offer 3: 60k points, $150 fee, only $1500 spend over 3 months instead of $1500 per month. Also has a much better earn rate, at least on the AmEx (1.5pt/$ compared to 0.66).