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NAB Qantas Rewards Signature Card
$ 8000
12
$ 15000
$
%
$ 15000
$
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NAB Qantas Rewards Signature Card

NAB Qantas Rewards Signature Card

NAB’s highest earn rate card. Earn 100,000 bonus points when you spend $3,000 on everyday purchases within the first 60 days of account opening and 30,000 bonus points after your first year anniversary. Save with a reduced annual fee of $295 for the first year. (reverts to $395 p.a. after first year)

Qantas Frequent Flyer Points Forecast

Balance Transfer Savings

0% Purchase Savings

View Offer


178,000

Total points is the estimated number of bonus points earned plus points per dollar earned during the forecast period, based on your inputs above and the promotional offer of the card. Some cards may have points capping and spend requirements, which are factored into our calculations.

It is assumed that the monthly spend is applicable for each month of the forecast period, and that it does not include any excluded or reduced earning transaction categories, e.g. cash advances, government or international purchases.

All estimates are based on our assumptions and do not take into consideration your personal circumstances. Your experience may vary. Refer to our Website Terms & Conditions for more information.

Go to offer links directly to the bank’s website. Please ensure you review the full terms and conditions on the bank’s website prior to applying.

More info links to a detailed product page on our site.

estimated points earned

You could save

$864

Savings is an estimate of the amount saved on interest charges and annual fees, as a result of transferring an eligible balance to the 0% balance transfer card for the interest-free period.

The savings estimate is based on a daily compound interest rate formula, taking into consideration your inputs above, as well as applicable balance transfer and annual fees, along with the following assumptions:
• No additional purchases or withdrawals are made
• A minimum 3% balance repayment is made each month
• Annual fees for the current year are charged in the first month
• If applicable, the annual fee refund is processed in the month eligibility is met
• There are 30 days in each month
• Your existing card will be closed and will incur no further fees
• Other fees are excluded

All estimates are based on our assumptions and do not take into consideration your personal circumstances. Your experience may vary. Refer to our Website Terms & Conditions for more information.

Go to offer links directly to the bank’s website. Please ensure you review the full terms and conditions on the bank’s website prior to applying.

in 6 months

You could save

$864

Savings is an estimate of the amount saved on interest charges and annual fees during the interest-free period, as a result of making a purchase on a 0% purchase card, rather than on your existing card.

The savings estimate is based on a daily compound interest rate formula, taking into consideration your inputs above, as well as the annual fee, along with the following assumptions:
• The purchase amount is incurred in the first month
• No additional purchases or withdrawals are made
• A minimum 3% balance repayment is made each month
• Annual fees for the current year are charged in the first month
• If applicable, the annual fee refund is processed in the month eligibility is met
• There are 30 days in each month
• Your existing card will be closed and will incur no further fees
• Other fees are excluded

All estimates are based on our assumptions and do not take into consideration your personal circumstances. Your experience may vary. Refer to our Website Terms & Conditions for more information.

Go to offer links directly to the bank’s website. Please ensure you review the full terms and conditions on the bank’s website prior to applying.

More info links to a detailed product page on our site.

in 6 months

Qantas Frequent Flyer
Program
130,000
Bonus Points
Earn 100,000 bonus Qantas points when you spend $3,000 on everyday purchases within the first 60 days of account opening and 30,000 bonus points after your first anniversary.
$295

first year
then $395 p.a.
Annual Fee
1
Points per $
Earn 1 Qantas Point per $1 up to $5,000 on everyday purchases then 0.5 Qantas Points per $1 from $5,000 to $20,000 on everyday purchases (capped at $20,000 dollars)
0% for
6 months
Balance Transfer
19.99% p.a.
Purchase Rate
$295

first year
then $395 p.a.
Annual Fee
0% for
6 months
Balance Transfer
19.99% p.a.
Purchase Rate
$295
first year
then $395 p.a.
Annual Fee
$595

annual fees
Total Fees
Total Fees is a calculation based on the total annual fees charged for the number of months the promotional period applies. An annual fee is charged in full for each year or part of a year. The calculation considers annual fee refunds for minimum spend thresholds, as well as variances between first and subsequent year annual fees. No other fees are included in this calculation.
What could 178,000 points be worth?
Sydney to Los Angeles
Premium Economy
  • One way: 72,000
  • Return: 144,000
+ applicable fees & taxes
Sydney to San Francisco
Premium Economy
  • One way: 72,000
  • Return: 144,000
+ applicable fees & taxes
Perth to Singapore
Economy
  • One way: 57,000
  • Return: 114,000
+ applicable fees & taxes

Flight redemption is based on a Reward Seat booking and is subject to availability and airline restrictions.

NAB Qantas Signature Card Review

11th June 2020

What’s good?

The NAB Signature Card is a top-tier Qantas frequent flyer points earning credit card with great benefits. Currently offering 100,000 bonus Qantas points when you spend $3,000 on purchases within the first 60 days of opening your account, and an additional 30,000 bonus points after your first year anniversary, this credit card has one of the best Qantas rewards offers on the market. It receives stiff competition from the likes of ANZ’s Frequent Flyer Black and Qantas’ own Qantas Premier Platinum, however stands tall if you’re willing and patient enough to pay the second annual fee on month 13. Note that the second and ongoing annual fee is $100 higher than the first at $395.

The NAB Qantas Rewards Signature Card offers excellent platinum benefits such as extended warranty insurance, price protection insurance & purchase protection insurance for personal items. They also offer a range of travel related insurance products.

Extended Warranty Insurance grants you up to 12 months additional warranty for eligible items purchased on your card up to $10,000 in value, unless the original warranty is greater than 5 years. Price protection insurance gives you confidence that you’re paying the lowest price for eligible items you purchase in a store. The insurance offers you “The difference between the price you paid for a new item, and a lower printed advertised price for the same item if that difference is more than $75. The printed advertised price must be within 21 days following your purchase and from a store no more than 25km from where you purchased it.” Another great benefit is that the card offers no additional card holder fee. This means that it is easier to meet the points spending thresholds without additional cost.

For the full list of insurance offerings, requirements and exclusions, check here.

What could be better?

NAB Qantas Rewards Signature card fees are higher than average at 3%, however this is in line with ANZ’s offering. This means that although the card is fantastic for shopping domestically, it doesn’t make for a great international purchase card. In addition, with only 44 days interest free on purchases, you need to make sure you stay on top of your credit card balances.

Overall?

NAB’s Qantas Rewards Signature Card is a great option for those seeking to earn Qantas rewards points at an affordable price

Compare this card alongside 3 similar cards.
Compare all our Qantas Frequent Flyer cards.

Pros
  • Transport Accident Insurance
  • Purchase Protection Insurance (Personal Items)
  • Extended Warranty Insurance
  • Domestic Hotel Burglary Insurance
  • Price Protection Insurance
  • Interstate Flight Inconvenience Insurance
  • Overseas Travel Insurance
  • No additional cardholder fee
  • Great bonus points offer
  • 6 month balance transfer offer
Cons
  • Balance transfer fee of 2.00%
  • Only up to 44 days interest free period
  • Relatively high international transaction fee of 3%
  • Relatively high annual fee
Mobile Cardless PaymentsYes
Apple Pay
Samsung Pay
Google Pay
NAB Pay
Card TypeVisa
Minimum Credit Limit$15,000
Cash Advance Rate
Interest rate incurred for a cash advance
21.74% p.a.
Interest Free Period
The maximum period of time that no interest is charged on new purchases. May not be applicable if the account or closing balance is not paid in full by the due date.
Up to 44 days
Purchase Rate
The standard interest rate that applies to purchases on the card
19.99% p.a.
Balance Transfer Limit
Maximum percentage of your approved credit card limit that can be used for the balance transfer
90%
Balance Transfer Fee
Fee incurred for processing a balance transfer
2%
Balance Transfer Months
Number of months the promotional balance transfer offer applies
6 months
Balance Transfer Rate
The interest rate applied to the balance transfer amount for a set period of time
0% p.a. for 6 months with a 2% balance transfer fee
Interest rate payable on the remaining balance of debt that has been transferred to this card
Annual Fee
An annual fee is charged in full for each year or part of a year that the card is held. The annual fee may differ between the first and subsequent years.
$295 for the first year then $395 p.a.
Rewards ProgramQantas Frequent Flyer
Balance Transfer Revert Rate
The interest rate that will be charged on any remaining debt after the balance transfer period ends. This value could be variable depending on the card product.
21.74% p.a.
Bonus Points
The promotional bonus points offered. A minimum spend requirement within a set time period may apply. For example, in order to earn 90,000 bonus points, you may need to spend at least $3,000 per month on eligible transactions during the first three months. Some transactions may be excluded or earn points at a reduced rate, e.g. cash advances, government or foreign transactions. Conditions apply. Refer to the bank's website for full T&Cs.
130,000
Earn 100,000 bonus Qantas points when you spend $3,000 on everyday purchases within the first 60 days of account opening and 30,000 bonus points after your first anniversary.
Rewards Earn Rate per $ spent
The number of rewards points earned for each eligible dollar spent on the card
1 points per $
Earn 1 Qantas Point per $1 up to $5,000 on everyday purchases then 0.5 Qantas Points per $1 from $5,000 to $20,000 on everyday purchases (capped at $20,000 dollars)
Rewards Points per $ Cap
A threshold for the number of rewards points that can be earned in a period of time
Capped at $20,000
Capped at $20,000 of spend
Joint ApplicationNo
Temporary Resident ApplicationYes - conditions apply, see bank site for details
Minimum Age18 years of age or over
Annual Fee
An annual fee is charged in full for each year or part of a year that the card is held. The annual fee may differ between the first and subsequent years.
$295 for the first year then $395 p.a.
Cash Advance Fee2% or $2.50, whichever is greater
Late Payment Fee
Fee incurred if the minimum repayment is not paid by the due date
$15
International Cash Advance Fee2% or $2.50, whichever is greater
International ATM Withdrawal Fee$5
International Transaction Fee
Fee incurred for transactions made in foreign currency
3% of the transaction value
Additional Cardholder Fee
Fee incurred for adding an additional cardholder to the account
$0
Maximum Additional Cardholders
Maximum number of additional cardholders
Up to 1
Travel Insurance
Terms, conditions, limits and exclusions may apply, check product site for details
Yes
Overseas Travel Insurance
Interstate Flight Inconvenience Insurance
Transport Accident Insurance
Domestic Hotel Burglary Insurance
Purchase Insurance
Terms, conditions, limits and exclusions may apply, check product site for details
Yes
Extended Warranty Insurance
Price Protection Insurance
Purchase Protection Insurance (Personal Items)
Concierge ServiceYes

Like the sound of this card?

Apply now securely via the bank's website or email yourself a link to apply later.
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