These accumulated points can be used at the online NAB Rewards store, where there are a tonne of options for spending points, whether it’s on personal items, travel expenses or even for cash back.
The NAB Rewards Program has an array of ways rewards members can use their points from clothes and electronics, to experiences and flights through Webjet, it’s all up to the customer.
On the NAB Rewards Store website, where you can redeem your points, customers are really spoilt for choice on both big and small items.
The type of NAB rewards card you have will determine the number of points you earn for every dollar you spend.
The points you earn accumulate over time as you spend, and can be used whenever you like as they are uncapped and never expire.
Keep in mind, there are ways to double and triple your NAB Rewards points on certain purchases. Any purchases made at major department or hardware stores like Myer or Mitre 10 can double your points, but you can triple your points when you book flights or make overseas purchases on your NAB Rewards card. The cards also often come with introductory offers that give you the opportunity to earn thousands of bonus points when you meet a minimum spend criteria.
All points earned on the NAB Rewards Program can be redeemed at the NAB rewards store online. Simply log in to your NAB online banking and choose a reward for yourself. Once you have made the transaction, the amount of points you spent will be deducted from your overall points balance.
And since points are uncapped and don’t expire, it’s really up to you how you spend them, you can use them on small things like clothes or save them up for a new iPad or laptop.
Similarly, if you are wanting to book a flight or a holiday, you can log in directly through Webjet’s website and spend your NAB rewards points there.
Also note that for NAB Rewards Signature Card holders, there is a range of exclusive products that can only be purchased with points made on that particular card. These items are usually more expensive, like jewellery or electronics, and are under the “Premium Rewards” section of the NAB Rewards store website.
There are three different credit cards that are part of NAB’s own Rewards Program (see table below). NAB also offers cards attached to the Qantas Frequent Flyer scheme, for more information head to our NAB credit card provider page.