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any special offer on NAB Qantas credit card? any Bonus Qantas points?
nab have a marginally higher rate right?
anyway, yeh nab is stingy.
have you actually got the annual fee waived for the platinum or the gold?
Currently, all my nab cards are waived annual fee (Ant Gold + Gold Velocity) because of the "relationship" with NAB.
However, they just advised me they are unlikely to waive the annual fee on the platinum. (Not even people with the big accounts can get away with it.) The primary reason is because the concierge service (Outsource from SOS, and full cost will be pass on to consumer.)
They told me they can only gaurantee with the waive on Gold...
Anyway, I will see how it goes and post the result later.
No, I haven't got the fee wiaved. When I use the term relationship, I mean a choice package. Referring to the Fees and Charges booklet it says following the table of fees in section 4:
http://www.nab.com.au/vgnmedia/downl...s&Charges.pdf?
The annual fee is waived for cards included in a NAB Tailored Home Loan Package, 1 NAB Choice Package, Private Tailored Package, NAB Introductory Rate Home Loan, Homeowner’s Package, 1 Portfolio Package and Private Portfolio Package for the life of the Package. When a package is cancelled/ terminated, the annual card fee will be debited after the Package ends and then annually in the same month thereafter.
As long as I can put the platinum into the choice package, then I read no fee for platinum. The main possible downfall is if they don't let me include the platinum in the chioce package and I haven't checked this aspect yet.
Last edited by medhead; 18th November 2008 at 06:46 PM. Reason: formatting
I have a choice package which includes a free Gold Rewards Visa (worth $145.50).
I have enquired as to whether a Platinum Card would be included and after investigating for a couple of days they said no.
Even after I pointed out that I had spent $95,000 on Amex in the last 12 months ( on an ICAA affiity card which reverts to $1 for 1 point on 1/4/09) they said no.
After I suggested that a practical outcome would be to charge $144.50 ($290 less $145.50) for Choice package customers they said no.
They maintained the full $290 was payable but I could also keep the Gold Rewards card that is free as part of the package.(which I pointed out to them was ridiculous)
I would be very interested to hear if anyone has the fee reduced or waived.
Crow
The fee booklet is pretty clear. Basically all credit cards are free under the choice package.
Have you tried talking to your "banker"?
I don't plan to get the NAB card until mid 2009. But if they say I have to pay the fee at that time, I will just apply for a selection of their other cards.
Technically, the booklet was issued/printed before creation of the platinum card and therefore they can say no. All they have to do is to reprint the booklet...
Anyway that is outside the topic... I will call them up again tomorrow and see if I can get a deal out of them... I just don't think the card itself worth $290!!! I'm willing to pay up to $150 only...
CROW - Which department did you speak to btw?
All references to a credit card included in the choice package refer to Gold Cards only. (as this was until recently the best card they had available.) They do not say all cards are free.
I only spoke to my "banker" who looks after my business loan and personal banking. I did not make the enquiries direct to the NAB credit card people as I thought the best chance of getting any fee reduced or waived was through my "banker".
They conducted the enquiries within the bank (and it took several days for them to get a clarification) and responded that the full $290 was payable irrespective of the choice package that I have had for over 9 years.
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