The new offering from NAB is a rewards card option with plenty of flexibility. With a 19.99% interest rate attached, it’s affordable as far as rewards plastic goes, especially if you’re regularly cashing in on all the bonuses and freebies on offer.
As far as points go, there are three earning tiers. You’ll earn:
- 0.75 points for every $1 spent on regular eligible purchases
- Double points on spends at major department and hardware stores
- Triple points on spends through Webjet, or on overseas purchases made either while travelling or here in Australia
Points are uncapped and never expire, and when it comes time to redeem, you have a heap of options at your fingertips. Through the NAB rewards program, you can cash in points for a seat on any airline through Webjet, donate to over 80 charities, pick up a range of homewares, tech or other retail products, or trade in your hard earned points for a gift card.
Other bonuses that come with this piece of plastic include purchase protection cover and special entertainment offers through Visa Entertainment. Looking for more complimentary insurance covers with your plastic? Check out the NAB Rewards Platinum card.
Who it's good for:
If you’ve been searching for a rewards credit card with a wide range of useful redemption options, then this might be the match for you - especially if you’re a traveller who will not only cash in on great rewards, but also be able to earn triple points when buying flights, accommodation or spending on your trips.
Here’s something to keep in mind - even though you’ll be snagging triple rewards points on overseas spends, remember to weigh up that extra value against the fact that you’ll be paying a 3% foreign exchange margin. Want to avoid that cost? Head over to our travel money section to find a travel credit card.