If you’ve ever lost your credit or eftpos card you’ll know how much of a hassle it is not having it. You have to go into the bank to get your money out, and a replacement usually takes a couple of weeks to arrive.

NAB knows this and has come up with the NAB Visa Mini. It’s a cute little mini credit card that you can use like a regular sized credit card in just about every way. So when you apply for a NAB Visa Mini credit card you’ll be issued with both the mini and the regular sized credit cards, with the mini coming in your choice of five colours.

While the standard-sized card can be used at ATM’s, swipe and non-swipe machines, the mini can only be used in swipe machines and not ATM’s, so if you do lose your standard-sized card you can still make purchases, but will have to go to the bank to get cash advances.

Interest is charged p.a. purchases, p.a. for cash advances  and also balance transfers after the six month introductory period. The annual fee is nice and low and it includes up to 55 days interest free (providing you pay your balance in full each month).

The NAB Visa Mini also has purchase protection for up to 90 days, and cash back allowances. You can get up to $10 per month refunded into your account, which is calculated at 0.5% of net purchases made during a statement period.

This cash back credit card from NAB obviously has it’s pro’s and it’s cons, but we can tell you this much for free…it looks cool! But in all seriousness, it is a pretty good credit card. Although p.a. is not great for purchases, it redeems itself with the cash advance interest rate p.a. as well. The cash back option also brings it up a notch as it means if you are making enough purchases you can earn enough cash back to cover the cost of your annual fee.

See our top credit card picks in the Editor’s Choice category