This page is my best effort to summarise the card's terms from the information I found. Read the bank's terms for full details, or contact the bank if you have questions.
I'd like to use my bonus for:
Can I get this?
This offer is advertised to the public. Bonus conditions and the bank’s approval requirements still apply.
Can I get this bonus if I have held a card before?
I have not checked the waiting period for this bonus.
See the waiting rules for every Australian bank →What must I spend?
$1,000 within 60 days — about $500 per month.
Can I get the card?
The minimum credit limit is $6,000. This is the least the bank may let you borrow.
I do not have a minimum income for this card.
Meeting the bonus rules does not mean the bank will approve your application. The bank must assess and approve the card separately.
How long is this available?
I do not have an end date for this offer.
Should I keep it after the first year?
Keeping the card costs $195 each year ($195 annual fee) — the first year was $45.
The year-two bonus is 20,000 NAB points.
Ongoing earn: 1.00x NAB points per $1.
Keeping pays off only if you meet the second-year conditions and use the points and benefits enough to cover $195/yr.
40,500 Velocity points at 1.7¢ a point − $45 in first-year fees. This is flight value, not cash. It assumes you earn the bonus and pay in full.
This offer has ended. I keep this page so you can check the old terms.
What this calculation assumes
- You make the required purchases and the bonus is paid.
- You pay the balance in full — any interest changes the outcome.
- The required spend is ordinary planned spending, not extra cost.
- You close the card before the next annual fee, or you decide keeping it is worth that fee.
Did this help you make a decision?
Terms and evidence
Full current terms
Offer terms
First Year Points
80,000 points
NAB
Second Year Points
20,000 points
With $195 annual fee
Minimum Spend
$1,000
within 60 days (about 2 months)
Ongoing Earn Rate
1.00x points per $1 spent
Fees
First Year Annual Fee
$45
Ongoing Annual Fee
$195
From year 2 onwards
Purchase Interest Rate
20.00% p.a.
The value above assumes you pay in full and never pay this. Any interest changes the outcome.
Benefit history (7 changes)
- Points Transfer BenefitsUpdated May 2026
- Interest Free PeriodsUpdated May 2026
- Balance Transfer OffersUpdated May 2026
- Concierge ServiceUpdated May 2026
- No Additional Cardholder FeeUpdated May 2026
- Extended Warranty InsuranceUpdated May 2026
- Purchase Protection InsuranceUpdated May 2026
Offer terms history (7 versions — old terms, for checking)
These are published versions of this offer's terms. Each version preserves the conditions available at that time.
Published 11 Oct 2026
Changes from terms version 6
Changes from terms version 5
Changes from terms version 4
Changes from terms version 3
Changes from terms version 2
Changes from terms version 1
First recorded terms
Captures behind the selected terms record — evidence for these terms, not a complete history of the named offer.
Archived notes
Earlier notes about this offer, kept as an archive — not current terms. Note dates are separate from terms publication dates.
- Coles/Woolworths gift cards changed from 9620 for $50, 19230 for $100, 48080 for $250, to 10210 for $50, 20410 for $100, 51020 for $250. $20 Coles gift card removed.3 years ago
- Expiration removed, Annual Fee from $95 to $453 years ago
- Expiration changed from undefined to "", Bonus from 60000 to 800003 years ago
- Annual fee reduced from $195 to 95, added second year bonus 20k points5 years ago
Discussion
About these ended terms (published 30 Jun 2024) — not the current offer.
Community and personal tools
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