The credit card is here.

Discussion in 'National Australia Bank Rewards' started by dgruber, Nov 29, 2005.

  1. dgruber

    dgruber Intern

    Oct 8, 2005
    54
    0
    http://www.national.com.au/Personal_Finance/0,,74895,00.html

    No annual fee for first year
    5000 bonus points

    Choose from
    Amex: $1 = 1 point ($150 a year after 1st year)
    Visa: $2 = 1 point ($65 a year after 1st year)
    Registered Users don't see this and have the option of removing all other advertisements.  Register HERE

    Hmmm, it seems you can only have one or the other. Would have been nice if they offered both therefore you can get 1 for 1 on the Amex but still have the Visa as a backup.
     
  2. cssaus

    cssaus Active Member

    Dec 13, 2004
    894
    62
    Sydney
    I was reading about this card in today's SMH.

    As to the 5000 points, there is some interesting fine print relating to this:

    "To receive the 5,000 Velocity Points you must notify the National of a valid Velocity Membership Number. These Points will be credited the business day following issue of your next Velocity Credit Card statement, from 3 March 2006. "

    I'd be interested in knowing what others understand this statement to mean.
     
  3. Mal

    Mal Enthusiast

    Dec 25, 2004
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    I assume the application process asks you what you Velocity Rewards # is.

    If you choose not to disclose it, they don't give you the points.
     
  4. cssaus

    cssaus Active Member

    Dec 13, 2004
    894
    62
    Sydney
    yes
     
  5. Kiwi Flyer

    Kiwi Flyer Senior Member

    Sep 24, 2004
    5,453
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    And if you dont charge something to the card there is no statement and so no points. Clever.
     
  6. cssaus

    cssaus Active Member

    Dec 13, 2004
    894
    62
    Sydney
    To me it would seem that you have to charge something to the card before March 3 in order to generate a statement after this date, would that seem correct?
     
  7. NM

    NM
    Moderator

    Aug 27, 2004
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    A Mars Bar from Coles can be charged to your credit card :lol: .
     
  8. ksthommo

    ksthommo Active Member

    Jul 4, 2004
    603
    63
    Cairns
    Notice either of the Credit Cards don't offer bonus points for purchasing Virgin Flights like the ANZ Qantas Card does. Will give it a miss and retain the Amex Maximiser.
     
  9. Guest

    Guest Guest

    looks very average? only useful if you want to go for velocity points instead of QF...

    the card is still dog ugly!
     
  10. Maca44

    Maca44 Established Member

    Sep 2, 2005
    1,248
    185
    Sydney
    This still does not go close to the benefits of the Amex Rewards Maximiser and a Woolworths Ezy Mastercard. You don't get 5000 ff pts for joining, but the Amex Rewards Max credit card still offers the first year free and then it costs $144 per annum billed $12 monthly onto your account. You also get 1.5 ff points per $ spent. The Woolworths card is the best value going around, at $39 per annum, and earn 1:1 ff per $. With these two cards you have everything covered.
     
  11. kt

    kt Newbie

    Nov 3, 2005
    8
    0
    it all depends on what you are looking for. Not much use earning thousands of QF points when you can't use them when you want. Having some Velocity points at least gives the option of virgin, emirates and virgin atlantic. Also apparently no annual cap on the velocity visa.
    kt
     
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