NAB Rewards Business Signature Card
NAB Rewards Business Signature Card
Mozo Review NAB Rewards Business Signature Card Review
Last updated: 9 September 2019.
What's hot:
18.50% p.a. purchase rate
Receive 100,000 Bonus Points when you spend $4,000 on everyday business purchases within 60 days
Redeem NAB Rewards points via Webjet to book flights with any airline
What's not:
$175 annual card fee
Mozo snapshot:
If you’re after a ‘strictly business’ business credit card, then the NAB Rewards Business Signature Card probably isn’t for you. This piece of plastic offers the best of both worlds, with all the makings of a solid business card, plus, tonnes of rewards to match, including travel and retail offers and more business focussed bonuses, like software discounts.
Key features:
The NAB Rewards Business Signature Card hits the ground running with an 18.50% p.a. purchase rate and up to 44 interest-free days. With loads of convenient payment options, like Apple Pay, Google Pay, Samsung Pay, Garmin and Fitbit, making a transaction with this bad boy will be a total breeze.
As we said, this is no ordinary business card. With the NAB Rewards Business Signature Card, you’ll earn 1.25 points for every $1 spent on your Visa card, uncapped. Plus, you’ll receive at least 2.5 points per $1 spent on everyday business purchases made within the first 6 months of opening your account. This bonus is capped at 10,000 points per month or 60,000 in total.
But wait, there’s more! The NAB Rewards Business Signature Card comes with a piping hot 100,000 bonus points offer when you spend $4,000 on everyday business purchases within 60 days of account opening.
Your points are automatically credited to the NAB Rewards Program; however, you can redeem them via Webjet to book any flight of your choosing.
On top of flights, gift cards and other standard NAB Rewards Program perks, you’ll also have access to exclusive Business Offers, like discounts on accounting software, marketing solutions, productivity tools and other business services.
When applying online for the NAB Rewards Business Signature Card, for a faster application process you can upload your financial data from any accounting package software, or you can log in via Xero or MYOB and it’ll pull the information for you.
Who it's good for:
The NAB Rewards Business Signature Card is a value-packed credit card option for Australian business owners, sole traders or trustees, especially those who travel frequently for work.
Any catches?
The NAB Rewards Business Signature Card comes with a $175 annual fee, and if you want to add additional cardholders to your account, you’ll need to pay another $175 fee per cardholder, which can stack up over time.
Rewards program details
Rates and fees information correct as at 16 September 2019. Mozo has robust processes to ensure our site is updated to reflect the latest information from providers. There may be the odd occasion where updates are delayed, so please confirm information before purchasing.What your points get you
Fly Sydney to London return
239,200 points
Fly Sydney to Melbourne one-way
15,600 points
$100 Giftcard
19,240 points
$100 Cash
80,000 points
Points earning
1.25 points per dollar on Visa, uncapped
Rewards scheme
Points are automatically credited to the NAB Rewards Program.
Redeem points via Webjet to book any flight you want.
Earn at least 2.5 points on every $1 (up to 60,000 bonus points) on everyday business purchases within the first 6 months of your account being open (bonus points capped at 10,000 points per month).
Special offers
Receive 100,000 Bonus Points when you spend $4,000 on everyday business purchases within 60 days of account opening.
Value of rewards points
Spend $20,000 (Visa)
Spend $15,392 (Visa)
Spend $12,480 (Visa)
Spend $191,360 (Visa)
Uncapped
Never
How do we calculate these points?
How do we calculate the rewards?
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.
Rate and fee details
Rates
-
18.50% p.a.
-
none
-
No current offer
-
none
-
21.74% p.a.
-
44
Fees
-
$175.00
-
none
-
none
-
none
-
$15.00
-
2%, Min $2.50
-
3.00%
-
$7.00
-
$2.50
-
$175.00
Features
-
$10.00
-
2.5
-
1
-
none
Payment options
Apple Pay, Google Pay, Samsung Pay, Garmin, Fitbit
Other benefits
Redeem NAB Rewards points via Webjet to book flights with any airline.
Customer Reviews
This product is not currently reviewed.
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