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Redeem points for monetary credit towards balance owing

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QF WP

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Well, NAB must have been reading my posts, because no sooner had I posted this message, than I got the following letter:

Special Offer! Redeem your NAB Gold Reward Program Points

How would I like to redeem by points for a credit towards by bill....

so they value points as such:

$700 credit when you redeem 71,000 points (normally 101,000)
$300 credit when you redeem 31,000 points (normally 41,000)
$125 credit when you redeem 13,000 points (normally 19,000)

Redeem before 40 April 2004, credited within 5 working days.

Whilst an interesting offer, sorry NAB, not for me.

I value my points much higher than you do....
 

Alan in CBR

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They want to (effectively) buy back their points at less than one cent each? Tell 'em they're dreamin'.
 
Credit cards which earn frequent flyer points is a popular way to earn frequent flyer points. You can receive thousands of points on everyday spend. And, many of these cards offer generous signup bonuses! Compare to find the credit card that best suits your needs.

Recommended by the Australian Frequent Flyer
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