NAB launched Australia’s first no interest credit card,”StraightUp Card.”
NAB StraightUp Card is Australia’s first no interest credit card that provides customers with access to credit of up to $3,000, at a flat monthly charge.
NAB Group Executive, Personal Banking, Rachel Slade said the NAB StraightUp Card represented a completely new approach to credit.The company has developed the card through extensive customer research.
“We started with a straightforward idea – to create a card with no interest, no annual fees and no late payment fees,” Ms Slade said.
“This is the result – a simple, easy to understand credit card that can be used anywhere Visa is accepted online or in store.”
Ms Slade added the NAB StraightUp Card had been developed through extensive customer research and an understanding the bank needed to innovate to keep pace with customer demands.
“Credit cards have not really evolved in recent years. But our customers’ needs and expectations are changing and we want to change with them,” she said.
“In the NAB StraightUp Card, we’ve created something completely different to every other credit card available today, with a simpler approach that makes it easy for customers to take control of their finances.”