Earn up to 150,000 bonus Velocity Points (auto redeemed from up to 300,000 NAB Rewards Points) with NAB’s flexible rewards card for business
Designed for savvy business owners, the NAB Rewards Business Signature Card turns everyday expenses into flexible rewards.
For a limited time, earn up to 150,000 bonus Velocity Points (auto redeemed from up to 300,000 NAB Rewards Points) with a new NAB Rewards Business Signature Card. The bonus points are awarded when you spend $4,000 on everyday business purchases, turn on Velocity Points auto redemption and complete a successful transfer within 90 days of opening your new account. Eligibility criteria, T&Cs, fees, and charges apply. New cards only.
Plus, apply and be approved for a new Virgin Australia Business Flyer membership to receive two Velocity Pilot Gold memberships. This unlocks benefits including lounge access and priority airport processing. T&Cs apply.
Click here to apply for this card via the NAB website (secure and mobile-friendly application form).
Or, read on to learn more.
NAB Rewards Business Signature Card Overview
For just $175 per year per card, earn unlimited NAB Rewards Points almost everywhere Visa is accepted, plus enjoy effortless accounting integration and multi-card control for smoother business management.
How the bonus points are delivered
With a new NAB Rewards Business Signature Card, you can earn the full 150,000 Velocity Points (automatically redeemed from 300,000 NAB Rewards Points) by spending $4,000 within 60 days, enabling auto redemption within 90 days, and continuing to use auto redemption until the additional bonus points are rewarded.
The points are delivered in two parts, as follows:
Tier 1: 100,000 bonus Velocity Points (redeemed from 200,000 NAB Rewards Points)
You will be eligible to receive 200,000 bonus NAB Rewards Points (equivalent to 100,000 Velocity Points) if you meet each of the following criteria: are a Velocity Frequent Flyer member; apply for, are approved for and are issued a new NAB Rewards Business Signature Card before the Offer is withdrawn; and spend $4,000 on everyday purchases using your new card within 60 days of opening the card facility. The bonus points will be credited as NAB Rewards Points to your NAB Rewards Points balance within three months of meeting the spend criteria.
Tier 2: Additional 50,000 bonus Velocity Points (automatically redeemed from 100,000 NAB Rewards Points)
You will be eligible to receive an additional 100,000 bonus NAB Rewards Points (equivalent to 50,000 Velocity Points) if you meet each of the following criteria: you meet all the Tier 1 criteria; you must provide your Velocity membership number to NAB to enrol in Auto Redemption; complete a successful Auto Redemption transfer within 90 days of opening your card facility; and you continue to use the Auto Redemption until the Additional Bonus Points are rewarded. The additional bonus points will be credited to your NAB Rewards points balance within three months of meeting the Auto Redemption criteria and will automatically be redeemed for Velocity Points.
As one of Australia’s leading rewards programs, Velocity Frequent Flyer offers many worthwhile redemption options.
This includes the ability to use points for international flights on partner airlines, including Singapore Airlines, United, Etihad Airways and Qatar Airways. Whatever your plans, Velocity Points don’t expire, so long as you earn or redeem a minimum of 1 Velocity Point every 24 months.
Receive two Velocity Pilot Gold memberships
Velocity’s Pilot Gold is designed to offer a range of frequent flyer benefits for three months. With Pilot Gold, you’ll enjoy key Velocity Gold perks straight away. This includes priority check in, priority boarding and access to Virgin Australia domestic lounges.
In order to gain full Velocity Gold membership for a further 12 months after your three month trial, you simply need to earn 80 Status Credits and fly one Eligible Sector during your Velocity Pilot Gold trial period.
Earn uncapped NAB Rewards Points on business spending
The NAB Rewards Business Signature Card makes earning points straightforward and rewarding.
The ability to earn points on ATO and government spend at the same rate as everyday purchases make it a compelling choice for savvy business owners. It’s also possible to earn a supercharged 3.75 NAB Rewards Points per dollar on overseas spend.
| Spending Category | Points Earned |
|---|---|
| Everyday business purchases (including Government and ATO) | 1.25 NAB Rewards Points per $1 |
| Department and hardware stores | 2.5 NAB Rewards Points per $1 (double points) |
| Webjet and overseas spending | 3.75 NAB Rewards Points per $1 (triple points) |
There’s no monthly cap on points, making it easier to maximise rewards every time your business makes an eligible purchase. T’s & C’s apply.
Complimentary insurance
The NAB Rewards Business Signature Card offers a limited range of insurances, including complimentary NAB Commercial Cards Unauthorised Transaction Insurance and NAB Commercial Cards Transit Accident Insurance.
Refer to each insurance PDS document for further details:
- NAB Commercial Cards Unauthorised Transaction Insurance PDS
- NAB Commercial Cards Transport Accident Insurance PDS
Since the range of insurances on offer is limited, cardholders are encouraged to carefully evaluate if further coverage is required and consider whether a separate policy should be taken out to fully meet their needs.
Enjoy practical business and lifestyle benefits
- Manage your cards: Attach multiple cards to one facility, set individual credit limits, and get detailed monthly statements.
- Visa Commercial Offers: Gain access to benefits across a variety of business services and take advantage of a tailored 24/7 concierge service for travel and lifestyle services.
- Security and fraud protection: Benefit from robust safeguards with NAB Defence.
- Streamlined accounting: Save time, control cash flow, and make tax time easier by linking your NAB account to your accounting software, including MYOB, Xero, and QuickBooks.
Key eligibility requirements
To apply for the NAB Rewards Business Signature Card, you’ll need to satisfy the following criteria:
- Operate a trading ABN or ACN.
- Have a turnover of at least $75,000 per year, and
- Provide at least 12 months of business financial data.
To access the offer of up to 150,000 bonus Velocity Points (auto redeemed from up to 300,000 NAB Rewards Points) you must be a Velocity Frequent Flyer member and provide your Velocity membership number to NAB to enrol in auto redemption. The offer is available to new cardholders only and is not available to existing NAB cardholders or those who have closed a NAB business credit card within the past 12 months.
Your account must be enrolled for auto-redemption to Velocity Frequent Flyer at the time of points allocation in order to be awarded the bonus Velocity Frequent Flyer Points.
NAB Rewards Business Signature annual fee and important information
The annual fee for the NAB Rewards Business Signature Card is $175 per card.
The table below provides additional key details:
| Feature | Details |
|---|---|
| Purchase interest rate | 18.50% p.a. |
| Cash advance rate | 21.74% p.a. |
| Interest-free days | Up to 44 days on business purchases |
| Minimum facility credit limit | $5,000 |
How to apply
Head to the secure application form on the NAB website to apply for the NAB Rewards Business Signature Card in as little as 15 minutes.
Simply upload your financial data from any accounting software, such as MYOB, Xero, or QuickBooks, and NAB will guide you through the secure process.
Don't miss up to 150,000 bonus Velocity Points (auto redeemed from up to 300,000 NAB Rewards Points) with NAB’s flexible rewards card for business
The NAB Rewards Business Signature Card offers a substantial sign-on bonus, uncapped earning potential, and an opportunity to unlock Velocity Pilot Gold membership.
The modest $175 annual fee per card, combined with the ability to earn supercharged points on overseas spend, position it as a compelling choice for many business owners.
1 NAB Rewards Business Signature Card 150,000 bonus Velocity Points offer
The 150,000 bonus Velocity Points offer (Offer) commences on 1 April 2025 and ends on 30 September 2025 (unless withdrawn earlier). The bonus points will be awarded on a tiered basis.
Tier 1 – 100,000 bonus Velocity Points (redeemed from 200,000 NAB Rewards Points).
You will be eligible to receive 200,000 bonus NAB Rewards Points (equivalent to 100,000 Velocity Points) if you meet each of the following criteria:
- are a Velocity Frequent Flyer member;
- apply for, are approved for and are issued a new NAB Rewards Business Signature Card before the Offer is withdrawn; and
- spend $4,000 on everyday purchases using your new card within 60 days of opening the card facility.
The bonus points will be credited as NAB Rewards Points to your NAB Rewards Points balance within three months of meeting the spend criteria.
Tier 2 – Additional 50,000 bonus Velocity Points (automatically redeemed from 100,000 NAB Rewards Points)
You will be eligible to receive an additional 100,000 bonus NAB Rewards Points (equivalent to 50,000 Velocity Points) if you meet each of the following criteria:
- you meet all the Tier 1 criteria;
- you must provide your Velocity membership number to NAB to enrol in Auto Redemption;
- complete a successful Auto Redemption transfer within 90 days of opening your card facility; and
- you continue to use the Auto Redemption until the Additional Bonus Points are rewarded.
The additional bonus points will be credited to your NAB Rewards points balance within three months of meeting the Auto Redemption criteria and will automatically be redeemed for Velocity Points.
Other conditions
The name of the cardholder enrolling into Auto Redemption must match the name on the Velocity membership number. Offer limited to one total allocation of 300,000 bonus NAB Rewards Points per card facility or Velocity account.
You must provide your Velocity Frequent Flyer membership number to NAB in order to have your NAB Rewards points automatically redeemed for Velocity Points. The NAB Rewards Points that you’ve earned will be transferred to Velocity Points with a conversion rate of 2 NAB Rewards Points = 1 Velocity Point, provided your Velocity Frequently Flyer membership is linked to your account. Please go to Automatically Redeem Your Points for information on how often the transfer takes place.
Redemption of Velocity Points and the Velocity membership is subject to the Velocity membership Terms and Conditions
Everyday purchases exclude transactions NAB decides are wholly or partly for gambling or gaming purposes.
Your NAB Rewards Business Signature Card must remain open and in good standing until any bonus NAB Rewards Points are awarded.
Vary or end special offers
Offers available until withdrawn. NAB may vary or end these offers at any time without notice. Special offers apply to approved applicants only. Any bonus points offer not available in conjunction with any other new business credit card offer, or where you currently hold or have closed any NAB business credit card, which included a special offer, within the previous twelve months. Offers are not available when closing or transferring from another NAB business credit card account or in conjunction with any other NAB offer.
2 Join Virgin Australia Business Flyer
Virgin Australia Business Flyer membership is available to businesses with an active ABN/ACN, an Australian business address and spend of less than $300,000 per annum on flights with Virgin Australia. Superannuation funds, travel agents, travel management companies, travel wholesalers, air travel consolidators and any businesses re-selling air travel are not eligible to join. For more information please see the Virgin Australia Business Flyer Terms and Conditions.
3 Pilot Gold
New NAB Rewards Business Signature card members who:
a) successfully apply for and open a new NAB Rewards Business Signature card by 30 September 2025;
b) spend $4,000 on everyday purchases using your new card within 60 days of opening card facility; and
c) either:
(i) are already a Virgin Australia Business Flyer Member; or
(ii) sign-up to Virgin Australia Business Flyer within the first two months from the NAB Rewards Business Signature Card approval date
are eligible to receive two Velocity Pilot Gold Memberships. Some benefits of Pilot Gold will not be available when Velocity members are travelling on Virgin Australia international long haul flights between Australia and Doha, Qatar (operated by Qatar Airways) with a VA flight number. Virgin Australia Business Flyer and Loyalty Terms and Conditions and Velocity membership Terms and Conditions apply. See Velocity Gold Membership terms and conditions.
4 Velocity Pilot Gold membership
Velocity Pilot Gold membership is subject to the Virgin Australian Business Flyer Terms and Velocity Terms and Conditions. Please see Pilot Gold program benefit for information on the program benefits.
5 Reward Seats
Examples provided by Virgin Australia and are based on the lead-in one-way Economy Domestic Reward Seat fares on Virgin Australia and one-way Economy International Reward Seat fares on Virgin Australia and international partner airlines for the advertised route.
The Reward Seat base fare is payable in Velocity Points, and taxes, fees and carrier charges are payable in addition to Velocity Points redeemed for the base fare. Taxes, fees and carrier charges can be paid in cash or by redeeming Velocity Points.
Reward Seats are limited and may not be available at the advertised lead-in Reward Seat base fares, at peak times or on all flights. Reward Seat bookings must be made on the Virgin Australia website by selecting “Use Points”. Reward Seats and associated charges are not eligible for Points earn. Payment surcharge may apply. You can change or get a refund for your booking by paying a fee and any fare difference, at least 24 hours before scheduled departure. Any voluntary changes by members for Reward Seats with international partner airlines will require cancellation and rebooking via a new ticket. If applicable, the original ticket will be refunded. You may also request a refund for other reasons, including under the Australian Consumer Law. View the Velocity Reward Seat fare rules for more information. Some flights may be operated by a partner airline. Different baggage allowances and conditions may apply to these flights. Full terms and conditions at velocityfrequentflyer.com.
6 Earning NAB Rewards Points
NAB Rewards Points are earned and redeemed in accordance with the NAB Rewards Terms and Conditions (PDF, 740KB). These terms describe the purchases not eligible to earn NAB Rewards points. You must have an open and active NAB Rewards credit card account to earn NAB Rewards points.
Automatically redeem every 2 of your NAB Rewards Points for 1 Velocity Point. You must provide your Velocity Frequent Flyer membership number to NAB in order to have your NAB Rewards points automatically redeemed for Velocity Points. Each month NAB Rewards points you’ve earned will be transferred to Velocity with 2 NAB Rewards Points = 1 Velocity Point.
7 Triple points = 1.25 standard points + 2.5 additional standard points (bonus points)
Overseas purchases – Purchases (in store and online) where the merchant, financial institution or entity processing the transaction is located outside Australia. International transaction fees continue to apply.
Webjet – Purchases made online with Webjet via NAB Rewards Store or on Webjet.com.au.
Double points = 1.25 standard points + 1.25 additional standard points (bonus points)
Use your card to shop in-store and online at your favourite major department stores and hardware stores: Myer, David Jones, Kmart, Target, Big W, Bunnings, Mitre 10, Stratco and Total Tools.
Points Booster is subject to the NAB Rewards Terms and Conditions (PDF, 740KB). Only eligible transactions under those terms and conditions earn points and bonus points. Points are credited to your points balance after the eligible transaction is credited to your NAB Rewards credit card account: for standard points within 10 business days of processing and for bonus points within 3 business days of the standard points being processed. Details are correct as at 2 September 2019 and are subject to change by NAB.
8 Interest-free days on everyday business purchases
If you pay your closing balance on your monthly statement in full by the due date each month. Excludes cash advances (including bills paid over the counter at a bank, financial institution or post office, purchases of travellers’ cheques and transactions for gambling or gaming-related purposes).