Qantas Rewards Premium Card card image
Mini meca 2023

NAB Qantas Rewards Premium Card

Advertiser disclosure
Purchase rate
20.99% p.a.
Balance transfer rate
0% p.a. for 12 months and then 21.74% p.a. (3.00% balance transfer fee)
Annual fees
$250 $150 in the first year
Interest free days on purchases
44

Mozo editorial review NAB Qantas Rewards Premium Card - last updated: 13 February 2024

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What's hot
  • Earn 60,000 bonus Qantas Points when you spend $2,000 on everyday purchases within 60 days of account opening and 10,000 bonus points when you keep your card over 12 months.
  • 1 point per $1.50 spent, up to $3,000 spend per month
  • 2023 Mozo Experts Choice Award winner
What's not
  • $250 annual fee
Mozo snapshot

If you're after a rewards card where you can earn direct Qantas Points, the NAB Qantas Rewards Premium Card is a card to consider. Not only will you earn 1 point per $1.50 spent, you can also pick up 70,000 bonus Qantas Points when you spend $2,000 within 60 days of opening your account and keep your card for over 12 months.

It also won a 2023 Mozo Experts Choice Award for best Premium Card Benefits.

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Key features

The NAB Qantas Rewards Premium Card allows you to use tap n' go purchases under $100 or around the world wherever Visa is accepted. You'll earn 1 point per $1.50 spent, which is around 0.66 points per $1, on the first $3,000 spent per statement period, then 1 point per $3 on the next $3,000 you spend in the month.

Points are directly redeemed via Qantas Frequent Flyer for a range of rewards including flights, accommodation, and even shopping at the newly launched Qantas online shopping mall. If you are not already a member of the Qantas Frequent Flyer program you'll get complimentary membership, a saving of $89.50.

The Qantas Rewards Premium Card has a standard 20.99% p.a. variable purchase interest rate but you can get up to 44 interest free days. There is a 0% p.a. balance transfer offer for 12 months if you want to transfer some debt across from another card to save on interest, but a 3% balance transfer fee does apply. If you use your card internationally, either in person or online, there is a 3% foreign exchange margin on all transactions.

There is a steep $250 annual card fee so you'll want to make sure you are getting value from all of the added extras. Good news is there are plenty of them including six complimentary insurances such as price protection, purchase protection and extended warranty. You'll also have access to NAB's Platinum concierge service 24/7 as well as the Visa Entertainment program giving you special access and discounts to a range of events and activities

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Who is it good for

This card might suit rewards seekers that want to earn direct points with Qantas.

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Any catches

Just be sure you are using up all of the card's features so that you can get value from that $250 annual card fee.

Rewards program details

Rates and fees information correct as at 27 May 2024. Mozo has robust processes to ensure our site is updated to reflect the latest information from providers. There may be the odd occasion where updates are delayed, so please confirm information before purchasing.

What your points get you
Fly Sydney to London return

110,400 points

Fly Sydney to Melbourne one-way

8,000 points

$100 Giftcard

20,010 points

$100 Cash

-

Points earning

0.66 points per dollar on Visa, up to $3,000 per month, then
0.33 points per dollar on Visa, up to $6,000 per month

Rewards scheme

Points are automatically credited to the Qantas Frequent Flyer program.

All rewards are redeemed via Qantas Frequent Flyer.

Bonus points on selected Qantas products and services, including eligible Qantas flights.

Special offers

Receive 60,000 bonus Qantas Points when you spend $2,000 on everyday purchases within 60 days of account opening and 10,000 bonus points when you keep your card over 12 months.

Value of rewards points

Spend $30,318 (Visa)

Spend $12,121 (Visa)

Spend $221,273 (Visa)

at $6,000 monthly

Never

How do we calculate these points?

Rate and fee details

Rates

20.99% p.a.

none

0% p.a. for 12 months and then 21.74% p.a. (3.00% balance transfer fee)

yes

21.74% p.a.

44

Fees

$250.00

$150 in the first year

none

none

$15.00

3%, Min $3

3.00%

$0.00

$0.00

$0.00

Features

$25.00

2.0

1

From 30 June, 2022, some COVID-19 travel insurance cover may be available under selected benefits of the International Travel Insurance section.

Payment options

Apple Pay, Google Wallet, Samsung Pay, Garmin, Fitbit

Rewards privileges

Concierge,
Travel Insurance,
Extended Warranty,
Purchase Protection,
Rental Vehicle Excess in Australia Insurance

Customer Reviews

How are NAB credit cards rated by the Mozo community?

Overall
7.5/10
Price
5.9/10
Features
6.0/10
Customer service
6.7/10
Convenience
7.4/10
Trust
6.9/10
Based on 4344 NAB credit card reviews as rated by the Mozo customers. More about the Mozo Customer Ratings.
Mozo recommends that ratings are only one factor to be taken into account when deciding whether to take up any financial product offer.

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