Offer
Earn up to 150,000 Velocity Points

Earn up to 150,000 bonus Velocity Points (automatically redeemed from up to 300,000 NAB Rewards Bonus Points) with a new NAB Rewards Business Signature Card 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 .

Plus, apply and be approved for a new Virgin Australia Business Flyer membership  to receive two Velocity Pilot Gold memberships . Pilot Gold membership is a three-month trial of Velocity Gold membership which offers members the opportunity to experience the best of Virgin Australia’s premium products and services.

NAB may vary or end this offer at any time without notice. See important information for full offer terms and conditions .

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

  1. 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.

  2. Each week, the NAB Rewards Points you’ve earned will be transferred to Velocity Points.

  3. 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:

  • be a Velocity Frequent Flyer member, join for free, opens in new window today

  • be approved for a new NAB Rewards Business Signature card

  • provide your Velocity membership number to NAB to enrol in auto redemption.

    Log in to the NAB Rewards Store, key in the search 'Automatically Redeem Your Points' and select ‘Set up Auto redemption’ for Velocity Frequent Flyer.
    The name of the cardholder must match the name on the Velocity membership number.

How much are Velocity Points worth?

  • 2 NAB Rewards Points = 1 Velocity Point

  • Earn uncapped NAB Rewards Points and enjoy the convenience of automatic redemption. Redeem Velocity Points at the Velocity Rewards Store, opens in new window or for flights with Virgin Australia and Velocity partner airlines, opens in new window.

    Discover more ways to get points with your NAB Rewards credit card, such as earning points for every dollar you spend.
    Boost your balance faster by earning bonus points when you shop through the NAB Rewards Bonus Points Shop or Points Booster stores.

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.

Earn 1.25 NAB Reward Points per $1 spent

You can earn 1.25 NAB Rewards Points per $1 spent and earn additional points for eligible purchases.

Convert 2 NAB Reward Points into 1 Velocity Point

You can convert 2 NAB Reward Points into 1 Velocity Point transferred weekly to your Velocity account when you set up automatic redemption.

Earn uncapped points

There’s no limit to the number of NAB Reward Points you can earn and transfer to Velocity Points.

NAB Rewards Business Signature Card rates and fees

Learn more about our business credit card rates, fees and minimum credit limits.

Purchase interest rate

18.50 % p.a.

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.

Find out more here, opens in new window

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.

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