NAB Interest Rate Cuts Great News for Customers

Tuesday February 24, 2009

The National Australia Bank has given its credit card customers a treat in the form of interest rate cuts on all its credit cards, in particular the NAB Low Rate Visa Card which now has a mere 10.99% interest rate.

The changes in interest rates for NAB's individual cards are as follows:

• NAB Low Rate Visa Card from 11.75% to 10.99% (-0.76%)

• NAB Standard Card from 18.24% to 17.89% (-0.35%)

• NAB Visa Mini from 18.99% to 17.99% (-1.00%)

• NAB Gold from 18.24% to 17.89% (-0.35%)

• NAB Qantas Platinum from 18.99% to 17.99% (-1.00%)

• NAB Qantas Gold from 18.99% to 17.99% (-1.00%)

• Velocity NAB Standard from 18.99% to 17.99% (-1.00%)

• Velocity NAB Gold from 18.99% to 17.99% (-1.00%)

• Velocity NAB Business from 18.00% to 17.00% (-1.00%)

The NAB Low Rate Visa Credit Card is already popular due to its easy access, attractive format and great customer benefits. In addition to the low 10.99% interest rate now attached to the NAB Low Rate Visa Credit Card the card offers up to 55 days interest free, 0% per annum on balance transfers and worldwide access.

NAB credit cards have an excellent range of security options such as the Verified by Visa program available due to the NAB's partnership with MasterCard and Visa Credit Cards, meaning NAB customer receive top quality credit cards.

Additionally, NAB online applications for the NAB Low Rate Visa Credit Card are assured a 60 second response after submission, giving NAB customers faster access to their low rate if 10.99%.

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