Earn bonus Velocity Points with a NAB Rewards Signature Card - NAB

Important Upcoming Credit Card Changes​

Interest, fees, charges and earn rates (if applicable) are changing from 1 October 2026.​

Velocity frequent flyer

Offer
Earn up to 80,000 Velocity Points with NAB Rewards Signature Card

  • Receive 60,000 Velocity Points (by earning and automatically redeeming 120,000 NAB Rewards Bonus Points) when you spend $5,000 on everyday purchases within the first 90 days of account opening.

  • Plus receive a further 20,000 Velocity Points (by earning and automatically redeeming 40,000 NAB Rewards Bonus Points) when you keep your card for over 12 months.

This offer is only available online. Minimum monthly repayments required. Eligibility criteria and terms and conditions apply. Offer available to new NAB Rewards Signature cardholders only. See important information below.

How to earn Velocity Points

To get your NAB Rewards Points automatically redeemed for Velocity Points, simply provide your Velocity Frequent Flyer membership number to NAB to link your accounts. Each month the NAB Rewards Points you’ve earned will be transferred to Velocity Points. Velocity Points converted from bonus NAB Rewards Points will be credited within three months of meeting your spend criteria.

2 NAB Rewards Points are worth 1 Velocity Point.

From 1 October 2026, redemption rates will change from 2 NAB Reward points to 3 NAB Reward points, for 1 Velocity Point.

Offer eligibility criteria

To be eligible for the offer you must: 

  • be a member of the Velocity Frequent Flyer program.

  • be approved for a new NAB Rewards Signature credit card.

  • provide your Velocity membership number to NAB to enrol in auto redemption.

Approved applicants will receive an email from NAB on how to provide their membership number.

Earning NAB Rewards Points until 30 September 2026​

Earn uncapped NAB Rewards Points

There is no limit to the amount of points you can earn each month.

Earn 3 NAB Rewards Points

Applies to all purchases made online with Webjet.

Earn 1.5 NAB Rewards Points

Applies to every $1 spend on eligible purchases up to $15,000 Rewards Statement period (calendar month), then 0.5 NAB Rewards Points for every $1 spend, uncapped.

Earning NAB Rewards Points from 1 October 2026​

Earn 1.5 NAB Rewards Points

Applies to every $1 spend on eligible purchases up to $10,000 Rewards Statement Period (calendar month), then 0.5 NAB Rewards Points for every $1 spend, uncapped.

​Earn 1 bonus NAB Reward Point

Applies to every $1 spend on eligible purchases for Groceries, Petrol, Public Transport and Travel (uncapped)​.

Where could 80,000 Velocity Points get you?

Redeem Velocity Points at the Velocity Rewards Store or for flights with Virgin Australia and Velocity partner airlines. Fly with Virgin Australia, United Airlines, Virgin Atlantic, Qatar Airways, Singapore Airlines and more.

If you collected the total 80,000 bonus Velocity Points on offer, you’d have enough Points for the following trips.

Melbourne to Queenstown

A one-way Economy Reward Seat from Melbourne to Queenstown (17,900 Velocity Points, plus $183.06 in taxes, fees and carrier charges) flying with Virgin Australia.

Sydney to Tokyo

A one-way Economy Reward Seat from Sydney to Tokyo (45,000 Velocity Points, plus $101.28 in taxes, fees and carrier charges) flying with All Nippon Airways (ANA).

Sydney to Athens

A one-way Economy Reward Seat from Sydney to Athens via Doha (80,000 Velocity Points, plus $327.57 in taxes, fees and carrier charges) flying with Qatar Airways.

Benefits of this rewards card

Fee-free international transactions

Enjoy no international transaction fees.

Delayed flight lounge pass

Complimentary access to airport lounge at selected locations in the event of a 60 minute or more delay to your domestic or international flight.

Uncapped points

There’s no limit to the number of points you can earn every month.

Mobile phone insurance

Receive complimentary mobile phone insurance covering accidental damage and theft.

Shop the NAB Rewards Store

Redeem your points for wide range of electronics, homewares, experiences and more in the NAB Rewards Store.

You can also add an additional cardholder at no extra cost.

Rates and fees

Learn more about our standard credit card interest rates, annual card fees and credit limits that apply to this card.

Variable purchase rate
20.99% p.a.
From 1 October 2026, this will be 22.49% p.a.
Standard balance transfer (BT) rate for 12 months
3% BT fee applies. Unpaid BT reverts to variable cash advance rate

We can’t process balance transfers from certain issuers – see our indicative list.

0% p.a.
Interest free days on purchasesUp to 44
Monthly card fee
$35 p.m.
From 1 October 2026, the monthly fee waiver will no longer be available.
Annual feeFrom 1 October 2026, there will be an annual fee of $395​
Minimum credit limit$6,000
Variable cash advance rate
This is the interest rate charged on amounts you withdraw as cash, gambling transactions (including lottery ticket purchases), or transfer from your credit card to another account.
21.74% p.a.
From 1 October 2026, this will be 22.99% p.a.

Applying is easy

  • You need to be at least 18 years old to apply.

  • Complete your application in 15 minutes and get a response in 60 seconds.

  • You may be asked to provide payslips or bank statements.

  • Receive your NAB Rewards Signature Card in five days.

Not a Velocity member yet?

Sign up for free to take advantage of offers, rewards and more.

It’s free and fast to join Velocity. 

Terms and Conditions

Interest, fees, charges and earn rates (if applicable) are changing from 1 October 2026. Learn more about card changes.

Credit Card Terms and conditions and Target Market Determination available here. Fees and charges are payable. Approval and credit limit is subject to NAB's credit assessment criteria. Information, including interest rates and annual card fees subject to change. Correct as at today and subject to change. Credit cards issued by National Australia Bank Limited.