NAB Low Rate Business Card: Rates, Fees & Business Use
The Low Rate Business Card is the most straightforward NAB business-credit-card option for companies that place more weight on interest cost than premium rewards. It still requires disciplined use: a lower rate is not the same as cheap financing.
NabConn never asks for NAB Connect credentials
Use an official NAB-operated service for account authentication. Do not send NabConn your NAB Connect User ID, password, PIN, token code, one-time passcode, full card details or online-banking credentials.
Current Published Cost
NAB currently publishes a $60 annual card fee per card, 13.99% p.a. purchase rate and 13.99% p.a. cash-advance rate. The minimum facility limit is $5,000.
Interest-Free Period
NAB currently states up to 55 interest-free days on eligible business purchases when the applicable repayment conditions are met. Cash advances are excluded.
Multiple Employee Cards
The product supports multiple cards attached to a facility with individual credit limits, helping companies control employee purchasing.
Introductory Offers Need an Exit Plan
Promotional rates or fee waivers are temporary. The decision should still make sense after the promotional period ends.
Who This May Suit — and Who Should Look Elsewhere
Potential fit
- Interest cost matters more than travel or reward points.
- You need employee cards under one facility.
Consider another option if
- You generate enough reward value to justify a higher-fee rewards card.
- You need a full corporate-card and expense-management programme.
Primary Sources Used for This Guide
Product terms can change. These sources are included so readers can verify current information directly before making an important financial or security decision.