NAB Rewards Program: the ultimate guide


The NAB Rewards Program is a scheme where customers can earn points on everyday purchases when they use a NAB Rewards Signature or Premium card.

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.

Types of rewards 

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.

  • Retail products: Whether it’s AFL merchandise, homewares, kids toys or brand new barbeque for the backyard, on the NAB store there is a diverse range of products on offer that can be purchased with points. 
  • Travel: Not only can you book flights and hotels with NAB points through Webjet, NAB have teamed up with popular airlines so that you can convert your NAB points to frequent flyers like Velocity or Airpoints. 
  • Cashback: With NAB Rewards, customers have the option to convert their points into cash, which is paid back into their NAB bank account.  
  • Gift cards: NAB offer a huge assortment of gift cards for companies like Amazon, Big W, Bunnings, David Jones. They range from $50 to $500. 
  • Tickets & experiences: If you’ve been itching to do a shark dive, or take a helicopter flight over Sydney, you can do that on points! NAB have partnered with a bunch of companies so that their customers can have once in a lifetime experiences (without the price tag). 
  • Charity donations: for those who don’t want or feel they need extra stuff for their points, NAB also allows customers to donate to a selection of charities like the Australian Cancer Foundation or Oxfam Australia, using the points they’ve earned.

How many NAB Rewards points can I earn?  

The type of NAB rewards card you have will determine the number of points you earn for every dollar you spend.

NAB Rewards Platinum Card1.00 points on every dollar
NAB Rewards Signature Card1.25 points on every dollar

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.

How to redeem points 

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.

Which NAB rewards card is right for me? 

There are two 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. 

Frequently asked questions

What other features do NAB Rewards card offer?


Is there an annual fee for NAB Rewards?


What won't earn me points?


If I decide to switch to a different NAB Rewards card what will happen to me points?


When do NAB Rewards points expire?


If a rewards program like this sounds right up your alley, head over to our Rewards Credit Cards Comparison Table to find what suits you best.If a rewards program like this sounds right up your alley, head over to our Rewards Credit Cards Comparison Table to find what suits you best.