18.50 % p.a.
50,000 Velocity Points
Melbourne to Sunshine Coast
Fly Melbourne to Sunshine Coast with Virgin Australia in a return Business class Reward seat from 47,000 points plus $94 in taxes, fees and charges.
Sydney to San Francisco
Fly Sydney to San Francisco with United Airlines in a one-way Economy Reward seat for 44,800 points plus $142 in taxes, fees and charges.
100,000 Velocity Points
Sydney to London
Fly Sydney to London with Qatar Airways in a one-way Economy Reward seat for 80,000 points plus $361 in taxes, fees and charges.
Brisbane to Paris
Fly Brisbane to Paris with Qatar Airways in a one-way Economy Reward seat for 80,000 points plus $251 in taxes, fees and charges.
150,000 Velocity Points
Perth to Rome
Fly Perth to Rome with Qatar Airways in a return Economy Reward seat for 112,000 points plus $666 in taxes, fees and charges.
Melbourne to Doha
Fly Melbourne to Doha with Qatar Airways in a return Economy Reward seat for 112,000 points plus $426 in taxes, fees and charges.
How to earn Velocity Points
-
Log in to the NAB Rewards Store to provide your Velocity membership number to link your account and your NAB Rewards Points will automatically be redeemed for Velocity Points.
-
Each week, the NAB Rewards Points you’ve earned will be transferred to Velocity Points.
-
Velocity Points converted from bonus NAB Rewards Points will be credited within three months of meeting your spend criteria.
To be eligible for the offer you must:
How much are Velocity Points worth?
Do Velocity Points expire?
If you don’t earn Velocity Points for 24 months, then your points will expire.
How to earn Velocity Points with our NAB Rewards Business Signature Card
Earn Velocity Points on everyday business purchases with automatic redemption.
Starting from May 2025, if you have enabled your NAB Rewards Points to be automatically transferred to Velocity, that transfer will occur monthly instead of weekly.
NAB Rewards Business Signature Card rates and fees
Learn more about our business credit card rates, fees and minimum credit limits.
Purchase interest rate
Cash advance rate
21.74 % p.a.
Annual card fee (per card)
$ 175
Interest-free days |
Up to 44 days on business purchases |
Minimum facility credit limit |
$5,000 |
|---|
The application process
Step 1
Check your eligibility
- You're a sole trader, a partnership with up to two partners, a company with up to five directors, or a trustee of an eligible fund.
- You're registered for GST, have a turnover of at least $75,000 per year, and operated under your current registered ABN or ACN for more than 12 months.
- You're at least 18 and a permanent resident of Australia.
Step 2
Apply online in under 15 minutes
Existing customers:
You'll be taken to NAB Internet Banking to log into your account where you can complete the application online.
New to NAB:
Apply online in as little as 15 minutes using our easy online application form.
Step 3
Get an instant decision
You’ll get a decision straight away with our fast, simple online application form. If fully approved, your application documents will be generated and available to you in Internet Banking, in most cases within minutes.
Then all you need to do is review, accept and submit for your card account to be opened instantly.
Ready to apply?
Apply now for a NAB Rewards Business Signature Card with our fast online application and receive an instant decision.
Help and support Commonly asked questions about Velocity Points
What is Virgin Australia Business Flyer?
Virgin Australia Business Flyer is Velocity Frequent Flyer’s free-to-join business travel program for small-to-medium sized businesses (SMEs) who hold a valid ABN or ACN, have an Australian business address and spend less than $300,000 per year with Virgin Australia on air travel.
Your business can earn Velocity Points on all Virgin Australia flights when booked through the Virgin Australia Business Flyer Booking Portal, plus enjoy up to 6% off eligible fares on Virgin Australia operated flights. In addition, travellers will continue to earn Velocity Points and Status Credits in a personal capacity when they fly with Virgin Australia – super-charging rewards for business travel spend.
Which Velocity account will my NAB Rewards Points be transferred into?
Once you have opted into Auto Redemption, your NAB Rewards Points will be converted into Velocity Points and transferred to your nominated individual Velocity Frequent Flyer account i.e. your points will transfer to your personal Velocity Frequent Flyer account, not into your Virgin Australia Business Flyer account.
Is there a minimum spend requirement to earn Velocity Points?
There are no minimum spend requirements to earn Velocity Points. By opting into Auto Redeem, your NAB Rewards Points will be transferred to the nominated Velocity Frequent Flyer account on a weekly basis.
What is the points expiry policy for both NAB Rewards and Velocity Frequent Flyer programs?
- NAB Rewards Points expire three years after they were earned
- Velocity Points expire after 24 months of account inactivity. Every time you earn, redeem or purchase Velocity Points, you’re renewing your points balance for another two years.
Get in touch
Sales enquiries
Let us help with your business banking needs. Request a call back to chat to a specialist about our range of business and commercial cards.
Contact us
Explore our business banking contact information and get support with a wide range of products, services and topics.
Visit a NAB business banking centre
Let our business banking specialists help you in person.
Terms and Conditions
Apologies but the Important Information section you are trying to view is not displaying properly at the moment. Please refresh the page or try again later.