NAB Qantas Rewards Premium Credit Card
Highlights
- Get 70,000 bonus Qantas Points when you spend $2,000 in the first 60 days.
- Reduced first-year annual fee of $150 p.a. instead of $250 p.a. (saving you $100).
- Earn 1 Qantas Point per $1.5 spent on everyday purchases up to $3,000 per statement period and 1 Qantas Points per $3 spent thereafter (capped at $6,000).
- You get Qantas Frequent Flyer membership for free, saving you $99.50.
Pros and cons
Pros
Cons
History
Our review
Convenience
Customer service
Rates and fees
Rewards
Trust
The basics
- Additional cardholders. This card allows you to add one additional cardholder for free. This means you can share your account with another family member, and both of you can contribute towards earning rewards. Please note that the main cardholder manages the account and keeps up with repayments.
- Digital wallets. Compatible with Apple Pay, Google Pay, Samsung Pay, Garmin Pay, and Fitbit Pay.
- Gambling transactions. Gambling transactions are not permitted on this card.
Rewards and benefits
- Complimentary travel insurance. Comes with complimentary international travel insurance for eligible cardholders. Eligibility criteria apply. The cover is activated when the card is used to pay for travel expenses related to your trip before you leave.
- Concierge services. Cardholders can access a 24 / 7 concierge service that can help arrange bookings for hotels and restaurants, shop, compare prices, get travel recommendations, and more.
- Insurances. This card comes with extended warranty protection, fraud protection, purchase protection insurance, price protection insurance, transport accident insurance and repayment insurance.
- Rewards points. NAB Qantas Rewards Premium Credit Card cardholders can earn 1 Qantas Point per $1.50 spent on eligible purchases up to the first $3,000 on everyday purchases. For the next $3,000 of spending, you earn 1 Qantas Point per every $3 spent. Qantas Points are capped at 6,000 points per month and 72,000 points per year. Points are earned into the Qantas Frequent Flyer program.
- Sign up bonus. Get 70,000 bonus Qantas Points when you spend $2,000 on eligible purchases in the first 60 days.
Rates and fees
- Annual fee. This card has an annual fee of $250 p.a., with a reduced annual fee of $150 p.a. for the first year.
- Balance transfers. Transfer debt from other credit and store cards with an introductory balance transfer at 0% p.a. for the first 12 months. There is a 3% fee. After this introductory period, any remaining balance will revert to the standard interest rate of 21.74%.
- Cash advances. Transactions classed as a cash advance — ATM withdrawals, funding a money transfer, etc. — will be charged interest at 21.74% p.a. Interest on cash advances accrues from the transaction date. In addition to the interest rate, NAB will charge a one-off cash advance fee. Credit cards with cheaper cash advances are available.
- Foreign exchange fee. There is a 3% fee for transactions made in a foreign currency, whether overseas or online.
- Interest-free period. Enjoy up to 44 days interest-free on purchases when you pay the account balance in full by the due date or have made the required minimum repayments.
- Purchases. There is no introductory offer on the purchase interest rate. Purchases will incur a 19.99% p.a. interest rate ongoing. This rate is about average for a rewards card.
Reviewed by Nilooka Dissanayake
Writer
User reviews
Convenience
Customer service
Rates and fees
Rewards
Trust
Great way to get rewards
Reviewed by Bobetty
We signed up to the NAB Qantas rewards premium card because they offered us no annual fee with the home load we already had with them. My Husband and I are big on collecting frequent flyer points and getting 2 points to the $1 when using the American Express and 0.5 points when using the Visa made it the quickest and most convenient way to do it. What I love is that you get both the Visa and the American Express and both collect frequent flyers so it’s fine if you shop somewhere that doesn’t accept American Express
Fantastic card
Reviewed by N/A
These cards are great. I have a banking package, which includes them. They earn me frequent flyer points, which accumulate quickly as I use the cards for all purchases. My Mastercard is equipped with payWave, which is a great tool and makes transactions so much quicker. The interest free period works great for me as I pay them off monthly, so they are basically free to use. The bank gives fantastic support and easy internet banking. I would be lost without them.
i am happy with this card
Reviewed by Ann
It is convenient to use at most places (eg. supermarkets, petrol stations, shops without any surcharge), and has a good rewards program which gives me lots of Qantas points every month.
I am very happy to have it and recommend to my friends and family. Good customer service. Thank you very much.
I got flights with this card
Reviewed by Helen Blackwood
NAB Qantas Rewards card gives me a good interest rate. They have great security measures in place and are completely trustworthy.
I have been able to purchase good flight deals through Qantas and Jetstar and are very good with their customer service. We have had nothing but good service and no hassles with the account at all.
"The only reason we stay is the Qantas points
Reviewed by Sarah
The interest rate isn’t great, and the service isn’t fabulous. But it does the job it’s supposed to, and we earn the Qantas points. We chose the NAB credit card because NAB are our main bank. There was really no other reason other than the Qantas points. I think if we were to review everything
We flew to Sydney with rewards
Reviewed by Nikki
We are 100 percent happy with our NAB credit card. The rewards build quickly so we regularly get flights and other things.
It has been easy to increase or reduce our limit and the customer service has been impeccable. We originally chose this card to connect with flybys.
"Decent mainstream option
Reviewed by Guy
I’ve got most of the equivalent cards from the other main banks and settled with this one, due to a slightly lower annual fee. They all seem pretty much them same to me, however. Complimentary travel insurance (which all similar cards offer) has been useful.
I am planning to change to a bank with more environmental conscience soon, and will discontinue this card.
All my purchases go on it
Reviewed by Brooke
The annual fee is $250 per annum. In essence, all my purchases go on it and I get points. The earn rate for points is reasonable. The American Express makes it more costly in most cases due to a surcharge. It is a good card to have for booking travel, as the insurances are worthwhile.
Expensive annual fee
Reviewed by Sue
A great card with excellent rewards, especially if you work out the best way to earn points. We have used the rewards for flights, vouchers, and shopping discounts.
However, the annual fee is hefty and if you’re not travelling to take advantage of the insurance or working the rewards to your advantage, then it may not be worthwhile
Standard credit card
Reviewed by Yi
I got the card with the mortgage, so no fee applied to it. It’s a standard credit card with the Qantas Frequent Flyer points. I have not contacted customer service, which shows it’s quite reliable and can be used on most occasions.
Good credit card if you spend enough
Reviewed by Hannah
I got this card for the bonus sign-up points, which were nearly enough for a one-way flight to the UK.
A higher earning AmEx and lower earning Visa mean you have a card for all shops.
I spend (and pay off) around $4,000 a month, so have really noticed the increase in my frequent flyer points balance.
Good rewards and travel insurance
Reviewed by Jay
It is a good card with rewards for customers. Since it is a Qantas card there are points for all eligible purchases.
It’s easily accessible. I got this card along with my home loan through NAB. There is no annual fee for the life of the loan. I also get travel insurance if it’s used to pay for airfares.
"Great for Qantas points
Reviewed by Nadine
You get double Qantas points on all purchases, and if you pay the balance on time each month you don’t have to worry about interest rates.
It’s easily linked to my everyday NAB account
Just OK if you spend a lot
Reviewed by Alexandra
I chose this card because of the excellent bonus frequent flyer points I received when I first signed up. They were enough for a flight back from Europe, and helpfully the card was accepted everywhere I went overseas.
The fees are a bit of a killer. If you aren’t spending big on the card each month the bonus Qantas points aren’t worth it. I recommend this card if you are a spender.
Good Qantas earning rates
Reviewed by Ashley
This card allows you to earn more where AmEx is accepted, but still earn some points where Visa is accepted. As it includes an AmEx card, you get access to AmEx Connect, which gives you access to lots of money-off offers using the card.
You get an additional cardholder for free, so your partner or child can help you earn points.
The annual fee is a little steep, but if they have an offer on it can be free for the first year.
QFF points, insurance, and temporary block option
Reviewed by Jasmine
The account has both AmEx and Visa cards attached. AmEx earns higher points and Visa is there for when Amex is not accepted. I have had no issues with points. They go into my Qantas Frequent Flyer Account quickly. The card also has international travel insurance.
I was recently able to put a temporary block on the card (using internet banking) when the card was lost (as I was sure it was at home somewhere) and then remove the block online once I located the card.
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