The NAB Qantas Rewards Signature Card has up to 120,000 bonus Qantas points and a reduced first-year annual card fee of $320 (save $100) on offer for new cardholders.
The signup bonus is split into two parts, with the first 90,000 Qantas Points to be received after spending $3,000 or more in the first 60 days from approval and an additional 30,000 Qantas Points after the annual fee for the second year is billed on your account.
Another card worth checking out in NAB’s Qantas Rewards card range is the Qantas Rewards Premium.
Digging into the details of the NAB Qantas Rewards Signature Card
The NAB Qantas Rewards Signature Card is the top-tier card within the NAB credit card range. The Card offers a market competitive earn rate of 1 Qantas Point per $1 spent, up to a maximum of $5,000 per month, and the 0.5 Qantas Points per $1 from $5,001 to $20,000.
An additional bonus Qantas Point is earned per dollar spent on Qantas products and services, such as flights and Qantas Club membership.
| Card | NAB Qantas Rewards Signature Card |
| Loyalty Program | Qantas Frequent Flyer |
| Points earned from spend | 1 Qantas Point per $1 up to $5,000 then 0.5 Qantas Point per $1 thereafter |
| Points earned with Qantas | Additional 1 Qantas Point earned per $1 spent on selected eligible Qantas products and services |
| Points Cap | $20,000 per statement period |
| Earns points at ATO | No |
| Insurance included | Six complimentary insurances including international travel insurance and purchase protection (PDS) |
| Overseas transaction fee | 3% of the converted amount |
| Mobile wallet | Apple Pay, Google Pay |
| Minimum Credit Limit | $15,000 |
| Annual fee | $420 p.a. ongoing |
The monthly points cap is quite low given the annual fee but may work for those in the hunt for a high Qantas Points earn rate.
Insurance
You will get access to six complimentary insurances with the Signature Card, which is included below.
- International Travel Insurance
- Interstate Flight Inconvenience Insurance
- Transit Accident Insurance
- Rental Vehicle Excess in Australia Insurance
- Purchase Protection Insurance
- Extended Warranty Insurance
Full PDS for the above insurance can be found here.
This guide references some of the benefits of insurance policies provided with this card. You should read the PDS and obtain independent professional advice before obtaining this product.
Apple Pay + Google Pay support with NAB
NAB cards support Apple Pay, Google Pay & Samsung Pay, meaning you can use their cards on your smartphone for easier payments. Find out more in our guides for each of the compatible services.
Card eligibility criteria
NAB does not stipulate any eligibility criteria to apply for the card, however, 2 common criteria found with most cards include the following:
- Be 18 years old of age or over, and;
- Be a permanent Australian resident or non-permanent resident with more than 9 months remaining on your visa
Should you not meet one of the above 2 criteria, you should consider contacting NAB to clarify your eligibility prior to making an application.
Frequently asked questions
As a NAB Qantas Rewards cardholder, you’ll receive a free Qantas Frequent Flyer membership (saving $99.50).
You’ll earn points for most common transactions including paying bills.
Transactions that don’t earn points include: Cash advances, bank charges, balance transfers, buying foreign exchange or travellers cheques, ATO payments, transactions where a cardholder uses a card to access linked transaction accounts, and transactions for gambling or gaming purposes.
Sign in to your Qantas Frequent Flyer account via the membership portal to check your Qantas Frequent Flyer Points.
You can redeem your Qantas Points online by logging into your Qantas Frequent Flyer account.
Summing up
The NAB Qantas Rewards Signature Card is the highest Qantas Point-earning card in NAB’s lineup and will be attractive to those looking to earn the maximum number of Qantas points per $1 spent.
Although the card has fewer complimentary benefits found in some similar cards in the market, the current bonus points offer and the impressive earn rate means the card’s solid offering will be able to get you places you’ve been wanting to visit.
What’s the minimum income required? My credit score is above 1000 points
I have spent more than $1m on this card travelling the world over recent years. On many occasions there have been situations that would have warranted a claim but I chose to let it pass. I make a legitimate claim for less than $5k and I am run around for 5 months with the most ghastly anti consumer tactics, the latest response from a team leader stating – “Please accept our apologies for the delay in responding to you. Due to the unprecedented high volumes received we are experiencing delays.” – Sorry that sounds like a you problem to me, NAB might want to rethink Allianz as I will my choice of card ….. SR
Do you get any complimentary lounge access with this card?
What a joke. Ive never missed a bill payment or credit card payment in 20 years !
I’ll be checking my credit rating now (which I watch n CreditSavvy very closely)
The link itself is fine but seems like there is a problem on the NAB side
I received my card last month and as I met the bonus spend I have already received my 100,000 bonus points but no status credits as yet.
Regarding the 12month period of not having earned a card sign up bonus with NAB, to be eligible for the 90k bonus points.
Whilst most cards I.e. anz, westpac, limit you from having ‘held’or ‘closed’ a card within the 12 months preceeding. NAB seem to only disqualify you if you’ve EARNED A POINTS BONUS in the last 12 months. I applied for this card last in July 2018, got the bonus points shortly thereafter and only closed it a few months back. By my interpretation I’d be eligible if I applied now and qualified. Thoughts? Anyone had experience with this?
Reading the terms and conditions, it appears you may be eligible for this offer, as its been over 12 months since you earned bonus points, however, we recommend that you confirm this with NAB themselves.
You are likely looking at an “Any Seat” reward rather than a “Classic Flight” reward, with the latter costing 41,500 Qantas points.