NAB

NAB Rewards Business Signature Card

Purchase rate

18.50% p.a.

Balance transfer rate

No current offer

Annual fee

$175

Rewards program

NAB Rewards

NAB Rewards Business Signature Card

Purchase rate

18.50% p.a.

Balance transfer rate

No current offer

Annual fee

$175

Rewards program

NAB Rewards

Mozo Review

Details

Customer Reviews

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Mozo Review

Details

Customer Reviews

Similar cards

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

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

Earn $100 cash back reward

Spend $20,000 (Visa)

Earn $100 gift card reward

Spend $15,392 (Visa)

Earn domestic flight: Sydney-Melbourne one-way reward

Spend $12,480 (Visa)

Earn international flight: Sydney-London return reward

Spend $191,360 (Visa)

Are points capped?

Uncapped

Do points expire?

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

Purchase rate

18.50% p.a.
Intro purchase rate

none
Balance transfer rate

No current offer
Balance transfer revert to cash

none
Cash advance rate

21.74% p.a.
Interest free days on purchases

44

Fees

Annual card fee

$175.00
Introductory annual fee

none
Annual fee spend threshold

none
Reward program fee

none
Late payment fee

$15.00
Cash advance fee

2%, Min $2.50
Foreign exchange margin

3.00%
Duplicate statement fee

$7.00
Transaction verification fee

$2.50
Additional card fee

$175.00

Features

Minimum repayment amount

$10.00
Minimum repayment percent

2.5
Additional cardholders

1
Other restrictions

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.

NAB

About NAB

See NAB business credit cards

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Purchase rate

19.74% p.a.

Balance transfer rate

0% p.a. for 6 months and then 21.74% p.a. (2.00% balance transfer fee)

Annual fees

$30