![Marriott Bonvoy Status Match [2020]](https://www.australianfrequentflyer.com.au/app/uploads/2020/08/marriott-bonvoy-phone-150x150.jpg)
NAB Qantas Rewards Signature Card
Earn 1 Qantas Point per dollar spent on everyday purchases, a great sign-up bonus, and enjoy a reduced annual fee in the first year with the NAB Qantas Rewards Signature credit card.
- Signup bonus
- Up to 120,000 Qantas Points, receive 90,000 Qantas Points when you spend $3,000 within the first 60 days from approval and an additional 30,000 Qantas Points after your second year annual fee is billed
- Points Earned
- 1 Qantas Point earned per $1 spent up to $5,000, then 0.5 points per $1 thereafter, capped at $20,000 per statement period, 2 Qantas Points earned per $1 spent on selected Qantas products and services
- Notable Benefits
- Reduced first year annual card fee of $295 (save $100)
- Annual fee
- $295 p.a. for the first year, $395 p.a. thereafter
Australian Frequent Flyer is currently not accepting applications for this card offer.
Get notified when it’s live.
Why we like the NAB Qantas Rewards Signature Card
The NAB Qantas Rewards Signature credit card is a solid earner for people accumulating points with Qantas Frequent Flyer. You’ll earn 1 Qantas Point per $1 spent on everyday purchases, up to $5,000/month, and a bonus Qantas Point for every dollar spent on eligible Qantas services.
Although this card doesn’t come with extra perks like lounge passes to justify the $395 annual fee, it does have a great sign-up bonus points offer with up to 120,000 bonus Qantas Points available. Plus, the annual fee is reduced in the first year.
As you’d expect from a Visa Signature credit card, cardholders receive complimentary domestic and international travel insurance – as well as various other insurances.
Key Information & How to Apply
Key facts about this card
- Card type
- Visa
- Signup bonus
- Up to 120,000 Qantas Points, receive 90,000 Qantas Points when you spend $3,000 within the first 60 days from approval and an additional 30,000 Qantas Points after your second year annual fee is billed
- Annual fee
- $295 p.a. for the first year, $395 p.a. thereafter
- Interest rate
- 19.99% p.a. (From 13 February 2024 this will change to 20.99% p.a)
- Interest-free days
- Up to 44 days
- Minimum monthly repayment
- 2% of outstanding balance or $25, whichever is higher
- Minimum credit limit
- $15000
- International transaction fee
- 3%
To apply for this card, you will need
- To be an Australian citizen, resident or long-term visa holder aged 18 or over
- No history of bad debt or payment default
- Your Australian driver’s licence number and proof of income
- 10-15 minutes to complete your application
Australian Frequent Flyer is currently not accepting applications for this card offer.
Get notified when it’s live.
Contents
Sign-up bonus
Apply for a NAB Qantas Rewards Signature Visa card to earn up to 120,000 bonus Qantas Points!
This offer is comprised of 90,000 bonus Qantas Points when you spend at least $3,000 on eligible purchases within 60 days of card approval, and a further 30,000 bonus Qantas Points when you renew the card for a second year.
You’ll also receive a reduced annual fee of $295 (a saving of $100) in the first year.
This offer does not have a fixed expiry date but may be changed or withdrawn at any time. The offer is not available to existing NAB customers who have participated in a NAB Qantas Rewards bonus points offer for a new personal NAB Qantas Rewards credit card in the past 18 months.
What you could do with Qantas Points
See our guide to redeeming Qantas Points effectively for more information on how you can use your Qantas Points, including for rewards like flights and upgrades.
As an example, it would cost 114,000 Qantas Points + $352 in taxes & carrier charges for a return Qantas Business Class ticket from Melbourne to Jakarta.
Complimentary travel & other insurances
The NAB Qantas Rewards Signature card comes with complimentary international travel insurance. This insurance is underwritten by Allianz and is available when you charge at least $500 worth of prepaid travel costs to your card. Other eligibility criteria apply, including an age limit of 90, which you can review on the NAB Card Insurance eligibility online portal.
Other types of insurance offered with this card include:
- Interstate flight inconvenience insurance
- Rental vehicle excess insurance (within Australia)
- Transit accident insurance
- Purchase protection insurance
- Extended warranty insurance
Before using this insurance, we’d encourage you to read the PDS here.
Earning points
With the NAB Qantas Rewards Signature credit card, you’ll earn 1 Qantas Point per $1 spent on eligible transactions (excluding government payments), up to the first $5,000 spent per month.
On everyday spend between $5,001-$20,000, you’ll earn 0.5 Qantas Points per $1 spent. However, no Qantas Points are earned on amounts spent over $20,000 during any monthly statement period.
You’ll earn an additional 1 Qantas Point per dollar spent with Qantas, including on flights, Qantas Club membership, Qantas Rewards Store purchases and Qantas Wine purchases.
Points earned from this card will be deposited into your Qantas Frequent Flyer account after the end of each month. Qantas Points expire if there is no activity in your Qantas Frequent Flyer account for 18 months, but if you’re earning points each month this will keep your account active.
Of course, the Qantas Points you earn from this card also count towards Qantas Points Club membership!
Earning points for ATO & government payments
This card does not give points for payments made directly to the Australian Tax Office (ATO) or other government bodies.
However, you can use a payment service such as pay.com.au to pay tax and other bills with this card and still earn Qantas Points at the full rate!
If you’d like a credit card that earns points on ATO payments, you could also consider a NAB business credit card.
Using Qantas Points
You can use your Qantas Frequent Flyer Points towards a wide range of rewards including reward flights, upgrades, wine, hotel bookings, car rentals, Qantas Rewards Store purchases and even Classic Rail Rewards.
Classic Flight Rewards
Arguably, the best value ways to spend Qantas Points are on Classic Upgrade Rewards and Classic Flight Rewards. You can request an upgrade with Qantas Points on any Qantas operated and marketed flight, or book a Classic Flight Reward seat with Qantas or any of its many partner airlines.
Qantas Classic Flight Rewards start at 6,400 Qantas Points + taxes & carrier charges for flights in Jetstar Economy Class, or 8,000 Qantas Points + taxes & carrier charges for a Qantas Economy Class flight of up to 600 miles (e.g. on the Melbourne-Hobart route).
It costs 41,500 Qantas Points + $40 for a one-way Qantas Business Class flight from Melbourne to Perth.
Oneworld member airlines
Qantas is part of the Oneworld alliance, meaning you can redeem Qantas Points to fly with any of the other Oneworld member airlines.
In fact, a popular use of Qantas Points is the Oneworld Classic Flight Reward which allows you to travel around the world on Oneworld airlines with up to 5 stopovers. This costs 132,400 Qantas Points in Economy Class or 318,000 Qantas Points for Business Class.
Other partner airlines
Qantas’ other partner airlines include Emirates, Jetstar, Fiji Airways, El Al, Air France, KLM and LATAM Airlines.
Check the number of Qantas Points needed on any route for an upgrade or reward flight on the Qantas website.
Classic Flight Reward bookings can be excellent value – especially if you’re booking a seat in Premium Economy, Business or First Class. However, beware that reward seat availability is limited. It can be difficult to find seats on popular routes and peak travel dates, especially if you’re looking for multiple seats.
When redeeming Qantas Points for a Classic Flight Reward redemption, you’ll need to pay any applicable taxes & carrier charges in addition to the points. On some airlines, such as Emirates, these carrier charges can be quite expensive. However, other Qantas partner airlines have relatively low or no carrier charges including Fiji Airways, American Airlines, Alaska Airlines, LATAM Airlines, China Airlines and Air New Zealand.
For more details on redeeming Qantas Points, see our Overview of Qantas Frequent Flyer Redemptions.
Summary
Pros
- Great sign-up bonus points & balance transfer offers
- Solid Qantas Points earn rate (up to the monthly caps)
- Earn bonus points for eligible spend with Qantas using your card
- Complimentary travel insurance
- Compatible with Apple Pay & Google Pay
Cons
- The full Qantas Points earn rate is capped at $5,000/month and no points are earned on spend over $20,000/month
- Relatively high annual fee
- International transaction fees apply
- No points earned when spending with government bodies
- High interest rate (this could be a problem if you don’t think you’ll be able to repay your balance in full each month)
- Signup bonus
- Up to 120,000 Qantas Points, receive 90,000 Qantas Points when you spend $3,000 within the first 60 days from approval and an additional 30,000 Qantas Points after your second year annual fee is billed
- Points Earned
- 1 Qantas Point earned per $1 spent up to $5,000, then 0.5 points per $1 thereafter, capped at $20,000 per statement period, 2 Qantas Points earned per $1 spent on selected Qantas products and services
- Notable Benefits
- Reduced first year annual card fee of $295 (save $100)
- Annual fee
- $295 p.a. for the first year, $395 p.a. thereafter
Australian Frequent Flyer is currently not accepting applications for this card offer.
Get notified when it’s live.
Frequently Asked Questions (FAQs)
To apply for a NAB Qantas Rewards Signature credit card, you would need to be an Australian or New Zealand citizen, an Australian Permanent Resident or a non-resident holding an acceptable Temporary Residency Visa, aged 18 or over, and receive a regular income. Other criteria may apply.
The minimum credit limit is $15,000.
No.
Yes, receive 24/7 access to the NAB Concierge Service for assistance with travel and lifestyle services.
Qantas Points only expire if you do not earn or redeem any points at all for 18 months. As long as your Qantas account remains active, your points will remain valid and available to use. Regularly using your Qantas Points credit card is one way that you can keep your Qantas Frequent Flyer account active.
This card does not offer Qantas status credits as a standard benefit. However, you can of course use your card to purchase Qantas flights and earn status credits for those flights. You’ll also earn bonus points when buying Qantas tickets with your NAB Qantas Rewards Signature card. Plus, the Qantas Points earned on this card will all count towards Qantas Points Club membership which allows you to earn status credits on Qantas-marketed Classic Flight Rewards.
Yes, this card supports Apple Pay and Google Pay.
Yes, you can add one additional cardholder at no extra cost. The supplementary cardholder must be at least 16 years old.