NAB Velocity card sign up bonus offers

NAB have released a couple of new offers for new cardholders to their NAB Velocity Premium and NAB Velocity credit card accounts. New cardholders taking up the Premium card option stand to gain a 60,000 points bonus, while new cardholders of the standard card will find 30,000 Velocity Points on the table.

The following is an outline of the two offers, together with some basic information on the two cards:

Velocity Rewards Premium Card

  • 60,000 velocity points (requires $1500 spend within 90 days)
  • 1.5 points per $1 spend on Amex
  • 0.5 points per $1 spend on VISA
  • Points capped at $20,000 spend per statement period
  • $150 annual fee
  • Minimum credit limit $6000
  • A range of complimentary insurances included

Velocity Rewards Card

  • 30,000 velocity points (requires $1500 spend within 90 days)
  • 1 point per $1 spend on Amex
  • 0.5 points per $1 spend on VISA
  • Points capped at $20,000 spend per statement period
  • $95 annual fee
  • Minimum credit limit $500
  • No complimentary insurances offered

It is worth noting that in both cases, the NAB does not offer points when using the card to make payments to the Australian Tax Office (ATO).

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