Flexible payment options for repaying your facility

Information about repaying your business credit card facility

NAB offers a range of flexible payment options to help you manage and repay your business credit card facility. Whether you prefer online payments, direct debit or BPAY®, we provide the solutions to fit your business needs.

Amount to Pay

After receiving your facility statement, there are three payment amount options available when repaying. 

Minimum required payment 

If your closing balance is more than $10, your minimum required payment is calculated at 2.5% of the closing balance, plus any overdue or overlimit amounts from previous statements. 

Full closing balance 

The full amount owing reflected on your facility statement. 

Fixed amount

Any set amount of your choice, provided it is greater than the minimum required payment.

When to pay 

You are expected to make payments, which are outlined in your facility statement, within your payment period which is either 5, 14 or 25 days after your statement period. Your payment period is determined by the type of facility you hold. The NAB Business Card offers 5 days after your statement period, the NAB Low Rate Business Card offers 25 days after your statement period, whereas all other NAB Business Credit Cards offer 14 days.

If you do not pay your facility statement in full, by the required due date, your interest free period will be forfeited for that statement period. This means you will incur interest on all purchases from the date they were made until your facility is paid in full. If the facility is not paid in full, interest will continue to incur from the opening date until the closing date of subsequent statements.

How to Pay

There are a variety of payment options at your disposal, why not set and forget your facility repayments, or take advantage of our online banking transfers. 

Direct Debit 

You can set up a direct debit from a nominated NAB or non-NAB account to automatically pay your facility statements on time, every time. Direct debits can be personalised to repay the minimum, full or fixed amount of your statement, on your preferred day within the payment period and can be changed at any time. 

BPAY®

Pay your statement from any other non-NAB account directly into your facility. BPAY® payments may take up to 2 business days to be received by us, and should be considered when making repayments within your payment period. 

Online Banking 

Use the NAB app, Internet Banking or NAB Connect to transfer from an eligible NAB account to any of your cards, which will update your facility balance. Please note you cannot transfer directly into your facility using this method. 

In-person payments

Make a payment in person at a NAB Branch or at a NAB Smart ATM. Payments made at a NAB branch will be processed overnight, and should be considered when making repayments within your payment period.

Learn more about managing your business credit card (PDF, 683KB), opens in new window.