NAB Qantas Business Signature Card – Rates and Fees

Manage your business costs under one account and collect 100,000 bonus Qantas Points when you meet the spend requirement.

The NAB Qantas Business Signature Card is designed to suit businesses that want to earn Qantas Points as they spend. You can boost your points balance from the get go if you apply and get approved for the NAB Qantas Business Signature Card, and spend $4,000 on everyday business purchases within the first 60 days of account opening. As well as the bonus points offer, you and your additional cardholders can also earn Qantas Points on other eligible business expenses.

Product NameNAB Qantas Business Signature Card
Rewards ProgramQantas Frequent Flyer
Purchase rate (p.a.)18.50% p.a.
Annual fee$295 p.a.
Interest Free Period
The interest-free period is the maximum number of days during which interest is not charged on new purchases. This only applies if you pay your closing balance in full by the statement due date.
Up to 44 days on purchases
Cash advance rate (p.a.)21.74% p.a.
Min credit limit
This is the lowest credit card limit that you can request. It is possible to apply for a higher credit card limit but not a lower one than this figure.
$5,000
Card TypeVisa
Foreign Currency Conversion Fee (VISA)
Foreign currency conversion fees are charged when you make a transaction that is converted by a credit card network, such as MasterCard, Visa or American Express, from Australian dollars to a foreign currency. You’ll also incur a currency conversion fee if you make a purchase or obtain a cash advance in Australian dollars while overseas or shopping online with a foreign merchant or financial institution.
3% of transaction value
Complimentary Travel InsuranceNo
Minimum Age18 years of age
Available To Temporary ResidentsYes - Conditions apply
Joint ApplicationNo
Annual fee$295 p.a.
Minimum Monthly Repayment2.5% of the closing balance or $10, whichever is greater
Late Payment Fee$15
Foreign Currency Conversion Fee (VISA)
Foreign currency conversion fees are charged when you make a transaction that is converted by a credit card network, such as MasterCard, Visa or American Express, from Australian dollars to a foreign currency. You’ll also incur a currency conversion fee if you make a purchase or obtain a cash advance in Australian dollars while overseas or shopping online with a foreign merchant or financial institution.
3% of transaction value
Cash Advance Fee$2.50 or 2% of the transaction amount (whichever is greater)
Overseas Cash Advance Fee$2.50 or 2% of the transaction amount (whichever is greater)
Overseas ATM Withdrawal Fee$4
Gambling Transactions AllowedYes
Number of Additional Cardholders1000

Pros

  • Get 100,000 bonus points when you spend $4,000 on everyday business purchases in the first 60 days of account opening.
  • Earn 1 Qantas Point per $1.50 spent on everyday business purchases.
  • This card features a 24/7 concierge service.

Cons

  • This card charges a relatively high annual fee of $295.
  • This card comes with only up to 44 days interest-free on purchases, as opposed to most credit cards that offer up to 55 days.
Rewards ProgramQantas Frequent Flyer
Bonus Points100,000 bonus points
Rewards Points per $ spent (VISA/MC)0.66
Rewards Points per $ (VISA/MC) Cap33,000

Benefits of the NAB Qantas Business Signature Card

  • 100,000 bonus points offer. If apply for a new NAB Qantas Business Signature cardholder and get approved, you could score 100,000 bonus Qantas Points when you spend $4,000 on everyday business purchases within the first 60 days of account opening.
  • Earn Qantas Points as you spend. As well as the bonus points offer, you'll also earn 0.66 Qantas Points per $1 spent, capped at $50,000 per statement period. If you're not already a member of Qantas Frequent Flyer, NAB Qantas Business Signature cardholders can sign up and avoid the $89.50 membership fee.
  • Complimentary insurance. Your purchases will be covered by NAB commercial cards unauthorised transaction insurance. This insurance is issued through QBE Insurance and you can see the NAB insurance policy document for more information regarding the inclusions, exclusions, terms and conditions plus details on how to make a claim.
  • Global concierge services. If you’re travelling and in need of assistance, you can take advantage of global concierge services any time of the day or night. They can help you with anything from restaurant reservations, event bookings, travel information and more.
  • Visa privileges. With your Visa card, you can access exclusive discounts and complimentary gift items at duty-free retailers and shopping centres. You can also take advantage of special offers on VIP airport lounge access and travel assistance programs.
  • Eligible for Samsung Pay. You can link your NAB credit card with Samsung Pay to make contactless payments using your qualifying Samsung device at the checkout.

Features of the NAB Qantas Business Signature Card

  • Purchase interest rate. This card comes with a purchase rate of 18.5% p.a.
  • Annual fee. This card charges an annual fee of $295.
  • Additional cardholders. For each additional cardholder you add to your account, you can set individual credit limits and cash advance access for them. You will also receive monthly statements for each cardholder to assist you with business expenditure and reporting.
  • Interest-free days. When you pay your balance in full, you will receive up to 44 days interest-free on purchases, which excludes cash advances.
  • Secure shopping. When shopping online with your Visa, you have access to Verified by Visa for no extra cost to add an extra layer of security to your purchase.
  • Account management. You’ll be able to access your account online through NAB Internet Banking or NAB Connect, as well as access your money through ATMs, EFTPOS and NAB phone banking.

How to apply for the NAB Qantas Business Signature Card

If you’ve compared your options and decided that the NAB Qantas Business Signature Card is right for you, you can apply for the card online. To ensure a smooth application process, make sure you meet the eligibility requirements and have the following information prepared:

Eligibility requirements

  • Eligible business. You can apply if you're a sole trader, in a partnership with up to two partners, a company with up to five directors or a trustee of an eligible trust.
  • Registered ABN. You must have a registered ABN/ACN and must be registered for GST. You also must have a turnover of at least $100,000 per year.
  • Age. You must be at least 18 years old.
  • Residential status. You must be an Australian citizen or permanent resident.

Necessary information and documents

  • Financial information. You must provide at least 12 months of your business financial statements and data from your accounting software. You should also include copies of any interim financial figures and copies of personal tax returns for all business partners or directors.
  • Liabilities. Include information regarding outstanding balances of any existing business loans or lines of credit.
  • Proof of identification. You'll need to provide proof of identity, so make sure to have your ID on hand.

Once your application is received NAB will notify you within 48 hours to advise you on your application’s process. You’ll be required to sign any necessary consents required by NAB and also complete a Cardholder Establishment Details form, as well as a Director’s Guarantee of your business is a company.

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10 Responses

  1. Default Gravatar
    davidJune 9, 2015

    With a NAB Qantas business card do you get points for BPAY and ATO payments? Thanks

    • finder Customer Care
      sally.mcmullen@hiveempire.comJune 10, 2015Staff

      Hi David,

      Thank you for your question.

      According to the HSBC Qantas Rewards terms and conditions, BPAY is considered an ineligible transaction and, therefore, cannot be claimed for Qantas Frequent Flyer points. The terms and conditions do not explain whether you can earn Frequent Flyer points on ATO payments, so we would suggest contacting the customer service team directly to confirm this.

      You may also wish to visit the How to Pay Your Tax Bill by Credit Card Payment page to compare some of the cards that do allow cardholders to earn points on ATO payments.

      I hope this has helped answer your question.

      Thanks,

      Sally

    • Default Gravatar
      OLDKNEESJune 29, 2015

      I’ve got a NAB business card and getting QF points for ATO payments

    • finder Customer Care
      SallyJuly 7, 2015Staff

      Hi Oldknees,

      Thanks for your comment.

      As noted in the NAB Qantas Business Card terms and conditions documents, cardholders can not earn points on government charges. You would need to contact NAB directly to confirm whether this included ATO payments. I hope this has helped.

      Thanks,

      Sally

  2. Default Gravatar
    BarnyJanuary 5, 2015

    We are a medium size business, our staff have credit cards for fuel and accommodation. We currently do not have the option to put limit cap on individual cards, we need 12 cards also can the points be directed to an individual card only. Thanks

    • finder Customer Care
      ElizabethJanuary 5, 2015Staff

      Hi Barny,

      Thanks for your question.

      You’re able to decide which Frequent Flyer account the points are credit to, so it will be possible for the points to be credited to a single account.

      I hope this has helped.

      Thanks,

      Elizabeth

  3. Default Gravatar
    JudithApril 30, 2013

    Does this card have uncapped limit on points?

    Does this card give you points if you load money onto the card to purchase goods?

    • finder Customer Care
      JacobMay 1, 2013Staff

      Hi Judith. Thanks for your question. Yes, you can earn points if you’re making an eligible purchase and your card has a positive balance. This card does not have a cap on points. Jacob.

  4. Default Gravatar
    RachaelMarch 18, 2013

    Hi id like to get a phone call to apply for this card

    • finder Customer Care
      JacobMarch 19, 2013Staff

      Hi Rachael. We’re a comparison service, if you would like to speak to a lender about a specific product, please contact them directly. We can help you with any questions you have about general product information and comparing credit cards. Thanks.

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