NAB and Origin Energy combined have launched a solar initiative to make a positive impact on the environment.

Starting from 28th November 2017, the NAB credit card rewards program will have an option for homeowners to use their points for solar panels. Points can be used for the purchase and installation of residential solar panels.

How Does It Work?

A NAB Rewards member can redeem 48,080 points for a $250 Origin e-voucher. The e-voucher can be specifically used towards installing solar electricity on their home. Customers will also receive a further $500 discount from Origin.

NAB is also extending 350,000 NAB Rewards points to Australians who take an eligible NAB Home Loan and Banking Bundle. This means that under NAB’s renewable energy offer, a customer can obtain up to $2,250 in value to have a solar system for their home.

NAB Executive General Manager of Consumer Lending, Angus Gilfillan, said the following

“This offer not only helps to reduce the cost of installing solar panels, but also has flow-on savings for a customer’s energy bills and the environment,” Mr Gilfillan said.

“We know that cost is a significant factor for consumers when making a purchase, so we hope this initiative makes it easier and more affordable for Australians to make the switch to solar.”

Checks To Do.

- Remember to pre-check the interest rates and fees when applying for a credit card or home loan to ensure that the solar panel offer is the right decision for you.

- Use the Origin Energy site to see if solar is right for your home and calculate the potential savings that can be made. https://www.originenergy.com.au/for-home/solar/systems-batteries/offers-packages/is-solar-right-for-you.html

- Terms, conditions and eligibility criteria apply. These offers may be varied or withdrawn at any time. To find out more about these offers visit www.nab.com.au/rewards and www.nab.com.au/home-loans.

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