Credit Card Compare

American Express Low Rate Credit Card vs NAB Low Rate Credit Card

Compare American Express Low Rate Credit Card, NAB Low Rate Credit Card side by side: annual fees, interest rates, rewards and eligibility to find the right card for you.

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Side-by-side comparison of American Express Low Rate Credit Card vs NAB Low Rate Credit Card.
American Express Low Rate Credit Card card
American Express Low Rate Credit Card
NAB Low Rate Credit Card card
NAB Low Rate Credit Card

Card details

Overall
73Strong
Highest
60Good
55 days interest-free62/100Highest55/100
Balance transfer63/100
First timer81/100Highest70/100
Low rate79/100Highest56/100
No annual fee69/100Highest58/100

The basics

Card tierStandardStandard
Card typeAmerican ExpressVisa
Credit ratingGoodGood
Rewards programNoneNone
Credit limit$1,000 – $100,000$1,000 – $30,000

Eligibility

Minimum age18 years old18 years old
Minimum incomeNot specifiedNot specified
ResidencyAustralian citizen or permanent residentAustralian citizen or permanent resident
Joint applicationNoNo
Temporary residentsEligibleEligible
Instant approvalYes (~60 seconds)Yes (~60 seconds)

Repayments

Interest-free periodUp to 55 daysUp to 55 days
Minimum repayment2.5% of the closing balance or $30, whichever is greater2% of the closing balance or $25, whichever is greater

How much could you save?

Enter your balance and current rate to see your estimated saving for each card below.

$
% p.a.

Balance transfers

Promotional rate4.99% p.a.
Period24 months
Transfer fee0%
LimitUp to your available credit limit
Revert rate21.74% p.a.
Can't transfer fromColes, Kogan Money, MyCard, NAB, Qantas Money
Estimated saving$1,501over 24 mths

Rates & fees

Ongoing interest rates

Purchases10.99% p.a.Lowest13.49% p.a.
Cash advances10.99% p.a.Lowest21.74% p.a.

Fees

Annual feeNo annual feeNo annual fee
Monthly fee
Additional cardholder fee$0$0
Cash advance fee3.5% of the amount
Foreign transaction fee3.5%3.5%
Late payment fee$30$20Lowest

Related comparisons

Sources

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