NAB Gold Card

These days, many of us have more credit card debt than we would like. And most of our credit card debt is on a card with an obscenely high interest rate. One of the best, and easiest, ways to get that debt paid down is through the use of a lower interest balance transfer card. Good news for you, if you’re looking for a balance transfer card: NAB is offering their new NAB Gold Card in both Visa and MasterCard, and it’s a great deal for a balance transfer card! Let’s take a look at what the NAB Gold Card has to offer you.

Fees, Charges And Interest Rates

With the new NAB Gold Card, you’ll enjoy a 0% interest rate until 1 January 2012. This gives you time to get your high interest credit card debt back down to a manageable level before the interest rate kicks back in as every payment you make reduces your principal, and only your principal!

They’re making it even easier to pay down your balance by offering you 0% p.a. interest on your new purchases until January 2012 as well! This is almost unheard of! It also makes it that much easier to pay down your balance and keep it down by next year. At the end of the free period, it will rise to 19.74% p.a.

The annual fee for the credit card is around the average, at $90 a year.

You get to enjoy the benefit of a 44 day interest free period on new purchases.

The cash advance rate is the same as the new purchase rate, at 19.74% p.a.

As you can see, there’s probably not a better balance transfer offer on the market right now. The 0% rate for both balance transfers and purchases makes it easier than ever to pay down your debt. Every single payment you make will be 100% applied to principal until January of next year, so you can pay off that debt. You have to apply before 18 March 2011 though, so don’t waste your time! Get over there and make it happen!

What Else Do You Get With NAB Gold Card?

The NAB Gold Card isn’t just a basic credit card, it comes with services you’d expect to get from a gold card. There are complimentary insurances included, such as NAB Gold Travel Insurance, which allows you to travel overseas with peace of mind, knowing that you’re covered. This can save you hundreds of dollars on insurance if you travel regularly!

Though you’ll find that the card doesn’t include it’s own rewards program, you can link your NAB Gold Card to your FlyBuys membership. This allows you to earn bonus points with every purchase you make with your card at approved partners. You can then trade those points for wide variety of different rewards. And did we mention that linking your membership to your card is completely free?

Also – don’t forget these benefits and features:

You get up to 44 days interest free on new purchases.
You can get an extra card at zero cost to you for your partner.
24/7 travel insurance means that you can travel with peace of mine anywhere you go.
You can get your NAB GoldCard in either a Visa or MasterCard, so you know your card will be accepted around the world.
0% p.a. interest for your purchases and balance transfers until 1 January 2012, at which point it will go to 19.74% p.a.
$90 annually to use the card

In order to use the NAB Gold Overseas Travel Insurance, there is a small requirement. You must pay for 50% or more of your prepaid expenses with the card, before you leave home. This will include the cost for your spouse or dependent children who are traveling with you. Once you’ve done so, your entire family will be covered from the moment you leave until you come back home to Australia. You can’t take a trip longer than 90 consecutive days, but you can go for as many trips as you like in a year.

And Even More!

You can register for the free Verified By Visa (or MasterCard) SecureCode programs. This makes your online shopping experience the most secure online shopping you can find. You can also conveniently access your account details and pay your bill either online or by phone.

You also get: