Third-Party
The NAB Rewards Platinum card is offering a Point Hacks exclusive bonus of up to 70,000 Velocity Points (auto-converted from 140,000 NAB Rewards Points) plus a reduced first-year annual fee of $95 (usually $195 p.a.) with a minimum spend requirement of $1,000 on eligible purchases within 60 days of account opening.
The signup bonus is split into two parts, with the first 60,000 Velocity Points (auto-converted from 120,000 NAB Rewards Points) to be received after spending $1,000 or more on eligible purchases in the first 60 days from account opening and an additional 10,000 Velocity Points (auto-converted from 20,000 NAB Rewards Points) after the annual fee for the second year is billed on your account.
TERMS AND CONDITIONS
Point Hacks Exclusive Offer
Offer commences on Mon 8 May 2023 and ends on Mon 5 June 2023. To be eligible for the up to 140,000 NAB Rewards bonus points (which are automatically redeemed for 70,000 Velocity Points) offer, you must be a Velocity Frequent Flyer member, apply for a new personal NAB Rewards Platinum Credit Card before the offer ends, have your application approved, provide your Velocity Frequent Flyer membership number to NAB to enrol in Auto Redemption, spend $1,000 on everyday purchases using your new card within 60 days of opening your account and keep your card open 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 Frequent Flyer membership number to NAB. The earning and redemption of Velocity Points and the Velocity membership is subject to the Velocity membership Terms and Conditions. NAB Rewards bonus points will be credited to your NAB Rewards points balance within three months of meeting the spend criteria, and will be automatically redeemed for Velocity Points within 10 days thereafter. The name of the cardholder must match the name on the Velocity membership number.
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, per Offer Period.
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.
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/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.
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