The NAB Qantas Rewards Signature Card is great for travellers looking to really get those extra rewards out of their spending. The $1 to 1 point for the first $5,000 and $1 to 0.5 points for the next $20,000 each months means big spenders can potentially be racking up a quality 15,000 per month. Plus if you spend $3,000 in the first 60 days and keep your card open for over 12 months, you could be eligible to get an extra 110,000 Qantas Points!
Rewards are great, whether it’s the old primary school gold star or a sports trophy, getting a little extra for doing a good job is awesome. It’s the same with your spending, which is why the NAB Qantas Rewards Signature Card gives you 1 Qantas point for every dollar you spend for the first $5,000 and 0.5 points for the next $20,000. This allows you to grab a bunch of the gift cards and flights on offer.
If you want to jump right in and get that quick start on your rewards earning then you’ll be excited to know you can get an extra 110,000 bonus points, by spending $3,000 on everyday purchases within 60 days of the account opening and keeping the account open for more than 12 months.
When it comes to other premium perks, frequent travellers who prefer flying Qantas are in luck. Along with a free membership to the Qantas Frequent Flyer program, cardholders get to enjoy a range of free insurance covers, including a concierge service.
Also, if you are interested in sharing the card with your partner then you’re in luck because the NAB Qantas Rewards Signature Card allows an additional cardholder for free.
The card comes with a regular interest rate of 19.99% p.a. but if you’re looking to blast some existing debt, you can start with a balance transfer rate of 0% p.a. for the first 6 months (2% balance transfer fee applies), with a revert rate of 21.74% p.a. One thing to keep an eye on is the relatively high $395 annual fee, but the good news is, this is discounted to $295 in the first year.
For big spenders who are looking for rewards geared towards travellers, the NAB Qantas Rewards Signature Card could provide a great opportunity to really rack up a lot points and a lot of rewards.
Although there's a discounted annual fee in the first year, the high $295 annual fee after that means you’ll be paying quite a bit each year to have access to the rewards provided by the NAB Qantas Rewards Signature Card so weigh up whether you’ll get enough use from the rewards program to justify the price tag.
Fly Sydney to London return
110,400 points
Fly Sydney to Melbourne one-way
8,000 points
$100 Giftcard
19,730 points
$100 Cash
-
1 point per dollar on Visa, up to $5,000 per month, then
0.5 points per dollar on Visa, up to $20,000 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 90,000 bonus Qantas Points if you spend $3,000 on everyday purchases within 60 days of account opening and an additional 20,000 after 12 months of using the account.
Spend $19,730 (Visa)
Spend $8,000 (Visa)
Spend $160,800 (Visa)
at $20,000 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
$395.00
$295 in the first year
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
NAB is a great choice for a bank. I have been with them for over 10 years and have never had a issue. I feel confident banking with them and trust them to look after my money. In the past I have experienced fraud on my credit card. Before I even realized money was being taken out of my account I was contacted by NAB saying there was suspicious activity on my account and had I authorized these purchases. I was very grateful and thankful for their quick and timely response which saved me the inconvenience of money being stolen. For this reason I feel very confident and safe banking with NAB. Another reason I like banking with NAB is their customer service, in store branches and over the phone, has always been very helpful and reliable. I tend to not like doing things over the phone as sometimes I find it can get confusing and frustrating, however each time I have had to speak to someone over the phone it has been a easy simple process. Another pro of NAB is there banking app. I love it! It is easy to use, user friendly, straight forward and has all the necessary features you need to complete your day to day banking needs. A couple of things I do dislike about NAB is the annual fee on credit cards and their interest rates on saving accounts. The annual credit card fee for me particularly is very high and the interest rate on my savings account is very low when compared to other banks. I don't think they are competitive regarding these aspects in comparison to other banks.
Read full reviewNAB is a great choice for a bank. I have been with them for over 10 years and have never had a issue. I feel confident banking with them and trust them to look after my money. In the past I have experienced fraud on my credit card. Before I even realized money was being taken out of my account I was contacted by NAB saying there was suspicious activity on my account and had I authorized these purchases. I was very grateful and thankful for their quick and timely response which saved me the inconvenience of money being stolen. For this reason I feel very confident and safe banking with NAB. Another reason I like banking with NAB is their customer service, in store branches and over the phone, has always been very helpful and reliable. I tend to not like doing things over the phone as sometimes I find it can get confusing and frustrating, however each time I have had to speak to someone over the phone it has been a easy simple process. Another pro of NAB is there banking app. I love it! It is easy to use, user friendly, straight forward and has all the necessary features you need to complete your day to day banking needs. A couple of things I do dislike about NAB is the annual fee on credit cards and their interest rates on saving accounts. The annual credit card fee for me particularly is very high and the interest rate on my savings account is very low when compared to other banks. I don't think they are competitive regarding these aspects in comparison to other banks.
Great customer service at local branch. Easy to setup new accounts, including joints accounts and advice on savings credit cards.
Read full reviewGreat customer service at local branch. Easy to setup new accounts, including joints accounts and advice on savings credit cards.
The Qantas Rewards Signature Credit card is packed with benefits and features providing a comprehensive overall product. The limits and insurance are standard and not standout but the inclusive price protection is a bonus feature which many credit cards no longer offer, however the criteria to qualify for this are quite strict. The annual price for this card is high but if qualifying for bonus points and insurance then it can be offset. Staff have been helpful when answering questions about the product and setting up shared access between additional card holders.
Read full reviewThe Qantas Rewards Signature Credit card is packed with benefits and features providing a comprehensive overall product. The limits and insurance are standard and not standout but the inclusive price protection is a bonus feature which many credit cards no longer offer, however the criteria to qualify for this are quite strict. The annual price for this card is high but if qualifying for bonus points and insurance then it can be offset. Staff have been helpful when answering questions about the product and setting up shared access between additional card holders.
Decent product with easy access to funds and banker. Not the best in terms of features as a premium card (no lounge access, not a lot of perks), quite expensive yearly fee unless there is a waiver.
Read full reviewDecent product with easy access to funds and banker. Not the best in terms of features as a premium card (no lounge access, not a lot of perks), quite expensive yearly fee unless there is a waiver.
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 26 months and then 21.74% p.a. (2.00% balance transfer fee)
$59 $0 in the first year
NAB
Qantas Rewards Premium Card
19.99% p.a.
0% p.a. for 6 months and then 21.74% p.a. (2.00% balance transfer fee)
$250
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
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
0% p.a. for 15 months then 9.90% p.a.
0% p.a. for 15 months and then 9.90% p.a.
$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
Citi
Simplicity Credit Card
0% p.a. for 6 months then 21.49% p.a.
0% p.a. for 6 months and then 22.24% p.a.
$0
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
HSBC
Platinum Credit Card
19.99% p.a.
0% p.a. for 36 months and then 21.99% p.a.
$129 $29 in the first year
Rewards Plus
American Express
Cashback Credit Card
Cashback Rewards
$120
No current offer
1 point uncapped
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
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
HSBC
Platinum Credit Card
0% p.a. for 36 months and then 21.99% p.a.
19.99% p.a.
$129 $29 in the first year
Rewards Plus
Bankwest
Zero Mastercard
0% p.a. for 26 months and then 14.99% p.a. (2.00% balance transfer fee)
14.99% p.a.
$0
St.George
Amplify Rewards Platinum
0% p.a. for 15 months and then 21.49% p.a. (1.00% balance transfer fee)
19.74% p.a.
$99
Rewards
Bankwest
Zero Platinum Mastercard
0% p.a. for 26 months and then 14.99% p.a. (2.00% balance transfer fee)
14.99% p.a.
$0
NAB
Low Rate Card
0% p.a. for 26 months and then 21.74% p.a. (2.00% balance transfer fee)
12.99% p.a.
$59 $0 in the first year
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
Citi
Simplicity Credit Card
0% p.a. for 6 months then 21.49% p.a.
0% p.a. for 6 months and then 22.24% p.a.
$0
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
Citi
Rewards Credit Card
21.49% p.a.
0% p.a. for 30 months and then 22.24% p.a.
$149 $49 in the first year
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
0% p.a. for 15 months then 9.90% p.a.
0% p.a. for 15 months and then 9.90% p.a.
$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
Citi
Simplicity Credit Card
0% p.a. for 6 months then 21.49% p.a.
0% p.a. for 6 months and then 22.24% p.a.
$0
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.
