Credit Card Offers NAB Rewards Platinum with Velocity: Up to 80,000 bonus Velocity Points (expires 30/4/25)

[EuroKick]

Apparently because I signed up to the card through NAB, it’s mistakenly given me the wrong amount of points.

When I called, they acknowledged it was a system error and assured the remaining balance would be applied within 5-10 days.

It’s now been well over that time and all they say is that admin is backed up and can’t provide me any timeframe. So frustrating.

Oh and I should give them credit for the 5000 velocity points they gave me as an apology - which posted within the hour…

 

[LA10]

Doesn't 100,000 NAB reward points = 50k velocity? Was it previously higher?

 

[levelnine]

Doesn't 100,000 NAB reward points = 50k velocity? Was it previously higher?

Velocity Points with NAB Rewards credit cards

Earn Velocity Points by applying for a new NAB Rewards credit card and linking your Velocity Membership number. Find out more and apply today.

www.nab.com.au

 

[LA10]

Thank you!

 

[LA10]

Is the NAB Rewards Platinum Card with Velocity the same as the NAB Rewards Platinum Card? It appears so but just that the velocity option is where you automatically select to move points regularly to velocity.

 

[kokoikaka]

Is the NAB Rewards Platinum Card with Velocity the same as the NAB Rewards Platinum Card? It appears so but just that the velocity option is where you automatically select to move points regularly to velocity.

Yes they’re same card

 

[SomeRando]

Fairly painless application and approval process for this card and $1000 minimum spend is a lot better than some other cards around. I did have to go in branch to verify my identity but that was because I fat fingered my address on the application. Received approval the next day.

Handy to be able to add the card to Google pay as soon as approved although not quite as good as Westpac where they give you the card details, and dynamic CVV, so you can use your card online straight away as well.

 

[rekke]

Has anyone here successfully gotten this card with a minimum credit limit less than the advertised minimum of $6000?

I was able to do this easily with the comparable Westpac Velocity Platinum where the assessor set my limit all the way down to $2000 which was easy to get approved for.

Has anyone either applied for lower than $6000 credit limit with this card, or had it approved and then been able to reduce the limit below $6000?

 

[SOPOOR]

I didnt realise i opened this thread just over a year ago. I dont even remember churning this

Ive applied for it again , been approved, did the minimum spend.
But for some reason my velocity account has been credited 10k points for some bizarre reason

NAB
04 Aug 24 - NAB Rewards Base Points
16 days ago
+10,000 Points

 

[SomeRando]

NAB has an 18 month wait before you get bonus points again. Surprised you got anything.

 

[SOPOOR]

NAB has an 18 month wait before you get bonus points again. Surprised you got anything.

Same. I was surprised when i saw my own thread today

Waiting for the points to come into velocity now

 

[HungryForPoints]

Anyone know how long bonus points are normally posted after minimum spend met? I thought it was pretty quick. I currently have the NAB Qantas Rewards Premium card too but I thought it was a separate offering?

 

[k1s3k1]

Anyone know how long bonus points are normally posted after minimum spend met? I thought it was pretty quick. I currently have the NAB Qantas Rewards Premium card too but I thought it was a separate offering?

Have you received the Qantas points for the NAB Qantas Rewards Premium card? How long did you wait until you received it after meeting min spend?

I currently have NAB Qantas Rewards Premium, received my 2nd statement yesterday but still haven't received the bonus 60,000 Qantas points yet.
Already spent more than required $2000 min spending within the 2nd statement period, confirmed by the number of Qantas points received.
Currently 46 days since the card was approved, still within the 60 days required to meet the minimum spending.

 

[mrblack]

Application approved 20th August 2024. Points recevied 3rd October 2024

 

[Spoor 35]

Has anyone been successful in converting their NAB Rewards (80,000 Points, $1k spend) to the velocity signup bonus (120,000 points, $1k spend)? Or do you just need to enable auto conversion to be eligible for the velocity bonus?

 

[Dave G]

AFAIK I think you enrol in the auto redemption - will let you know how I go

 

[Spoor 35]

AFAIK I think you enrol in the auto redemption - will let you know how I go

I've enrolled for auto transfer and will hit the threshold soon enough - according to NAB these are the exact same card, but it's unclear what make you eligible for the increased velocity reward.

 

[Ktan89]

Where do you go to get the additional 20k?

 

[Spoor 35]

Where do you go to get the additional 20k?

 

[MelbFlyer]

I just signed up for a NAB Rewards Platinum card and have been approved.
I'd like to convert the bonus NAB points to VFF points but I've read that the additional x amount of bonus NAB points is only awarded if you opt-in for automatic weekly transferring (ie. if you don't opt-in for automatic weekly transfers, you won't get the x amount of bonus points), even despite meeting the $1k minimum spend within 60 days?

What if I leave it as-is and wait for the NAB points to land first, then convert the entire balance to VFF points at a later stage?

If it will jeopardize me from getting the x amount of bonus NAB points after meeting the $1k minimum spend within 60 days, I'll just opt-in for automatic weekly transferring now.