NAB to offer 250,000 Velocity Points on new home loans

National Australia Bank customers could be eligible for 250,000 Velocity Frequent Flyer Points when they take out a NAB home loan and make NAB their main bank.

250,000 is a sizeable haul of points, and would allow quite a number of options for international flying. For example, NAB quotes that it would be enough points for flights for two people from Sydney or Melbourne to London and back, NAB says, not including taxes and fees of slightly less than $400 per person. This would likely be in Economy, but would go a long way toward getting enough points for a premium cabin redemption for two.

 The new offer is targeted at customers taking out an Owner Occupied home loan, and also requires customers to hold a transaction and credit card account with NAB. There is also a minimum loan requirement of $250,000.

Customers can apply between 21 September until 31 December 2015.

For further information refer to the NAB promotion page.

Full terms, conditions, fees, charges and eligibility criteria
apply (available upon request), including $250,000 minimum loan plus
hold a NAB Velocity Credit Card and a NAB Transaction Account. Not
available with any other offer. To earn and redeem Velocity Points you
must be a Velocity member. © National Australia Bank Limited ABN 12 004
044 937 AFSL and Australian Credit Licence 230686.

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