I’ve got two nab cards: the Velocity Premium and the NAB Rewards platinum.
As well as this, I have an Amex Explorer.
I was recently declined for Virgin Money’s Velocity Flyer card, and I’m thinking it’s because I have access to too much credit at the moment.
Am I better off closing one of the nab accounts, probably the Velocity Premium?
Or with the new RBA changes, are NAB likely to offer current cardholders a good deal – to offset the likely end of bank-issued Amex cards? In which case it may be worth holding on to?