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 30,000 bonus Qantas Points when you spend $2,500 within 60 days of opening your account.
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 19.99% p.a. purchase interest rate but you can get up to 44 interest free days. There is a 0% p.a. balance transfer offer for 6 months if you want to transfer some debt across from another card to save on interest, but a 2% 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
This card might suit rewards seekers that want to earn direct points with Qantas.
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.
Fly Sydney to London return
110,400 points
Fly Sydney to Melbourne one-way
8,000 points
$100 Giftcard
19,730 points
$100 Cash
-
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
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.
Receive 30,000 bonus Qantas Points when you spend $2,500 on everyday purchases within 60 days of account opening.
Spend $29,894 (Visa)
Spend $12,121 (Visa)
Spend $221,273 (Visa)
at $6,000 monthly
Never
How do we calculate these points?
To work out the "Rewards value minus fees" in our Rewards Revealer we:
calculate how many points you'd get each year,
figure out how many flights or gift cards or cashback credits you could get for those points,
work out what that's actually worth to you,
take off the annual fee you'd pay.
More details:
Our calculations are designed to help you compare the value of different rewards schemes. To do this, we've looked at earning a one-way Sydney-Melbourne flight excluding taxes and charges, a return Sydney-London flight excluding taxes and charges, a $100 shopping Gift Card and $100 cashback. Most cards will also offer other rewards, which may be worth more or less than the ones we've shown.
We have made no allowance for bonus points for using your card at specific merchants, introductory offers or special offers. We have not assigned any value to instant discounts, insurances, ticketing and concierge services or other such benefits.
Rewards value calculations do not take credit card interest into account. If you do not pay off your card each month you may be better off looking for a card based on interest rates than on the value of rewards.
In products that have more than one card, a different mix of spend between American Express / Visa / Mastercard will give different results. Mozo's Rewards Revealer lets you choose the mix based on the way you would use such a product, and gives you tailored results.
We assume flights purchased with airline points are 'classic' or 'reward' economy seats with restricted seat availability. 'Any seat' rewards will probably cost more.
To compare the value of flight rewards, we sample online retail flight prices once a quarter based on the average price on a Wednesday 3 months in advance but outside NSW school holidays. For domestic flights we take the lowest available fare from each flight on that day from Qantas Red e-deal, Virgin Australia Saver including baggage and Jetstar Starter including baggage. We calculate the average price excluding taxes and surcharges for each airline, and also the average across all airlines (which we use when rewards are travel agent vouchers). For international flights, we take the lowest available fares on that same Wednesday from each of Qantas, Emirates, Malaysian, Etihad, Singapore, Cathay Pacific and Thai, assuming a return flight 2 weeks later, calculate the average price before taxes and surcharges and use this as our assumed cost of a flight on any airline.
Shopping rewards are based on $100 gift cards from a major national department store.
We make every effort to ensure our calculations are correct and up to date but make no guarantees.
19.99% p.a.
none
0% p.a. for 6 months and then 21.74% p.a. (2.00% balance transfer fee)
yes
21.74% p.a.
44
$250.00
none
none
none
$15.00
2%, Min $2.50
3.00%
$0.00
$0.00
$0.00
$25.00
2.0
1
none
Apple Pay, Google Pay, Samsung Pay, Garmin, Fitbit
Concierge,
Extended Warranty,
Purchase Protection,
International Travel Insurance,
Transit Accident Insurance,
Interstate Flight Inconvenience Insurance,
Rental Vehicle Excess in Australia Insurance
Too expensive.
Read full reviewCustomer service is not up to standard.
Read full reviewCustomer service is not up to standard.
No fees (as part of package). Good rewards. Fast card replacement. Good follow up on queries with regular updates until query resolved.
Read full reviewNo fees (as part of package). Good rewards. Fast card replacement. Good follow up on queries with regular updates until query resolved.
During COVID fees should have stopped, allowing people the opportunity to catch up with repayments over this very stressful time. Banks make enough profit to be able to allow customers to do this. Especially in the state of Victoria where so many have not been able to work or lost their jobs. Instead they encourage spending.
Read full reviewDuring COVID fees should have stopped, allowing people the opportunity to catch up with repayments over this very stressful time. Banks make enough profit to be able to allow customers to do this. Especially in the state of Victoria where so many have not been able to work or lost their jobs. Instead they encourage spending.
Good Points accrual for Qantas, good security and interest rates. Overall good option for a card if you want to accrue points while doing regular purchases.
Read full reviewGood Points accrual for Qantas, good security and interest rates. Overall good option for a card if you want to accrue points while doing regular purchases.
National Australia Bank is one of the big four banks who provide a large variety of financial products to the Australian Community. In recent times NAB has set itself apart from the other big four banks; by expanding their ATM network, removing many fees and maintaining low standard variable home loan rates. NAB's changes to its financial products have made their home loan, credit card, loans, savings accounts and personal loans more competitive within the banking industry.
See NAB credit cards
NAB
Low Fee Card
19.74% p.a.
0% p.a. for 6 months and then 21.74% p.a. (2.00% balance transfer fee)
$30
NAB
Low Rate Card
12.99% p.a.
0% p.a. for 20 months and then 21.74% p.a. (2.00% balance transfer fee)
$59
NAB
Low Fee Platinum Card
19.74% p.a.
0% p.a. for 6 months and then 21.74% p.a. (2.00% balance transfer fee)
$90
NAB
Rewards Platinum Card
19.99% p.a.
0% p.a. for 6 months and then 21.74% p.a. (2.00% balance transfer fee)
$195
NAB
Qantas Rewards Signature Card
19.99% p.a.
0% p.a. for 6 months and then 21.74% p.a. (2.00% balance transfer fee)
$395 $295 in the first year
NAB
Rewards Signature Card
19.99% p.a.
0% p.a. for 6 months and then 21.74% p.a. (2.00% balance transfer fee)
$295
NAB
StraightUp Card
0% p.a.
No current offer
$240 $20/month - waived if no spend & no balance owing
Bendigo Bank
Low Rate Credit Card
11.99% p.a.
0% p.a. for 24 months and then 11.99% p.a. (2.00% balance transfer fee)
$45
Bankwest
Breeze Mastercard
10.99% p.a.
0% p.a. for 26 months and then 10.99% p.a. (2.00% balance transfer fee)
$49 $0 in the first year
Westpac
Low Rate
13.74% p.a.
0% p.a. for 28 months and then 21.49% p.a. (1.00% balance transfer fee)
$59 $0 in the first year
Defence Bank
Foundation Credit Card
3.99% p.a. for 6 months then 8.99% p.a.
3.99% p.a. for 6 months and then 8.99% p.a.
$45
MoneyMe
Freestyle Virtual Mastercard
16.99% p.a.
No current offer
$209 Annual fee may vary.
American Express
Explorer Credit Card
20.74% p.a.
No current offer
$395
Membership Rewards
Westpac
Altitude Platinum
Altitude Rewards
$150 $99 in the first year
80,000
1 point uncapped
American Express
Qantas Discovery Card
Qantas Frequent Flyer
$0
No current offer
0.75 points uncapped
NAB
Qantas Rewards Signature Card
Qantas Frequent Flyer
$395 $295 in the first year
110,000
1 point up to $5,000/month, then
0.5 points up to $20,000/month
American Express
Velocity Escape Card
Velocity Frequent Flyer
$0
No current offer
0.75 points uncapped
NAB
Qantas Rewards Premium Card
Qantas Frequent Flyer
$250
30,000
0.66 points up to $3,000/month, then
0.33 points up to $6,000/month
Bendigo Bank
Low Rate Credit Card
0% p.a. for 24 months and then 11.99% p.a. (2.00% balance transfer fee)
11.99% p.a.
$45
Bankwest
Breeze Mastercard
0% p.a. for 26 months and then 10.99% p.a. (2.00% balance transfer fee)
10.99% p.a.
$49 $0 in the first year
Westpac
Low Rate
0% p.a. for 28 months and then 21.49% p.a. (1.00% balance transfer fee)
13.74% p.a.
$59 $0 in the first year
St.George
Amplify Platinum
0% p.a. for 15 months and then 21.49% p.a. (1.00% balance transfer fee)
19.74% p.a.
$99
Amplify Rewards
NAB
Low Rate Card
0% p.a. for 20 months and then 21.74% p.a. (2.00% balance transfer fee)
12.99% p.a.
$59
Bank of Melbourne
Amplify Platinum
0% p.a. for 15 months and then 21.49% p.a. (1.00% balance transfer fee)
19.74% p.a.
$99
Qantas Frequent Flyer
St.George
Amplify Signature
0% p.a. for 15 months and then 21.49% p.a. (1.00% balance transfer fee)
19.74% p.a.
$279
Amplify Rewards
Bendigo Bank
Low Rate Credit Card
11.99% p.a.
0% p.a. for 24 months and then 11.99% p.a. (2.00% balance transfer fee)
$45
Bankwest
Breeze Mastercard
10.99% p.a.
0% p.a. for 26 months and then 10.99% p.a. (2.00% balance transfer fee)
$49 $0 in the first year
Defence Bank
Foundation Credit Card
3.99% p.a. for 6 months then 8.99% p.a.
3.99% p.a. for 6 months and then 8.99% p.a.
$45
Westpac
Low Rate
13.74% p.a.
0% p.a. for 28 months and then 21.49% p.a. (1.00% balance transfer fee)
$59 $0 in the first year
NAB
StraightUp Card
0% p.a.
No current offer
$120 $10/month - waived if no spend & no balance owing
Bendigo Bank
Low Rate Credit Card
11.99% p.a.
0% p.a. for 24 months and then 11.99% p.a. (2.00% balance transfer fee)
$45
Bankwest
Breeze Mastercard
10.99% p.a.
0% p.a. for 26 months and then 10.99% p.a. (2.00% balance transfer fee)
$49 $0 in the first year
Westpac
Low Rate
13.74% p.a.
0% p.a. for 28 months and then 21.49% p.a. (1.00% balance transfer fee)
$59 $0 in the first year
Defence Bank
Foundation Credit Card
3.99% p.a. for 6 months then 8.99% p.a.
3.99% p.a. for 6 months and then 8.99% p.a.
$45
MoneyMe
Freestyle Virtual Mastercard
16.99% p.a.
No current offer
$209 Annual fee may vary.
