Earn Qantas Points on everyday purchases and enjoy 4.99% p.a. balance transfer rate for 6 months with the NAB Qantas Rewards Card.
The NAB Qantas Rewards Card allows you to earn Qantas Points that are redeemable through the Qantas Frequent Flyer program. With this card, you can earn 0.5 Qantas points for every dollar you spend on everyday purchases up to $3,000 per statement period.
When you sign up for this credit card, you’ll receive a complimentary Qantas Frequent Flyer membership and a low balance transfer rate of 4.99% p.a. for the first 6 months (reverts to cash advance rate).
|Product Name||NAB Qantas Rewards Card|
|Rewards Program||Qantas Frequent Flyer|
|Balance transfer rate (p.a.)||4.99% p.a. for 6 months|
|Balance Transfer Revert Rate|
The interest rate after the balance transfer ends.
|Cash Advance Rate (21.74% p.a.)|
|Balance Transfer Limit||90% of available credit limit|
|Purchase rate (p.a.)||19.99% p.a.|
|Annual fee||$95 p.a.|
|Interest Free Period|
The interest-free period on purchases is the period or number of days you do not have to pay interest on your card purchases. You will be charged interest either from the day you make a purchase or from the statement date, unless you pay the closing balance in full by the due date (or within the interest-free period) on your statement.
|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.
|Foreign Currency Conversion Fee (MC)|
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 Insurance||No|
|Minimum Age||18 years of age|
|Available To Temporary Residents||Yes - Conditions apply|
|Credit Rating Requirement||Good|
|Annual fee||$95 p.a.|
|Late Payment Fee||$15|
|Cash Advance Fee||2% or $2.50, whichever is greater|
|Overseas Cash Advance Fee||2% or $2.50, whichever is greater|
|Overseas ATM Withdrawal Fee||$5|
|Foreign Currency Conversion Fee|
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.
|Gambling Transactions Allowed||Yes|
|Additional Cardholder Fee||$0|
|Number of Additional Cardholders||1|
- Enjoy a balance transfer rate of 4.99% p.a. for the first 6 months.
- The NAB Qantas Rewards Card offers complimentary purchase protection insurance and complimentary Qantas Frequent Flyer membership.
- An additional cardholder can be added for $0 p.a.
- There are only up to 44 interest-free days on purchases with this card, as opposed to other credit cards that offer up to 55 interest-free days.
|Rewards Program||Qantas Frequent Flyer|
|Rewards Points per $ spent (VISA/MC)||0.5|
|Rewards Points per $ (VISA/MC) Cap||1,500|
NAB Qantas Rewards Card review
This card allows you to earn Qantas Points on everyday purchases, and you’ll be able to earn points anywhere Visa is accepted. You can also benefit from the NAB Qantas Rewards Card’s competitive rates and fees.
If you aren’t a frequent traveller who will benefit from frequent flyer rewards through Qantas, you can read up on other NAB credit offers including their flybuys rewards card which also offers you rewards for accumulating points on everyday spend.
Benefits of using a NAB Qantas Rewards Card
- Complimentary insurances. Along with your line of credit and the other benefits you’ll receive, you also get purchase protection insurance. This is coverage that protects personal items you buy through your credit card from theft, damage, or loss that occurs 90 days after the initial purchase.
- Rewards program. You can earn Qantas Points with each dollar you spend on everyday purchases through your rewards credit card. You can earn 0.5 points for every dollar you spend on eligible purchases on your Visa. Keep in mind that your points are capped at $3,000 spend per statement period.
- Complimentary Frequent Flyer membership. In order to redeem your Qantas Points, you need to have a Qantas Frequent Flyer membership. When you apply for the NAB Qantas Rewards card, you will receive a free membership to this program. NAB will waive the $89.50 joining fee for the membership as long as you are a Qantas Rewards cardholder.
Features of the NAB Qantas Rewards Card
- Competitive fees. For a card with so many benefits the fees are also competitive, as the annual fee on this credit card is only $95. Other fees and charges may apply and should be taken into consideration when applying.
- Balance transfer rate. You can take advantage of this card's 4.99% p.a. standard balance transfer rate for 6 months. Any unpaid balances will attract the standard cash advance rate. Note that minimum monthly repayments are required.
- Interest-free period. To help you manage your credit easily, NAB also offers interest-free days. You will receive up to 44 days interest-free on purchases if you pay your balance in full each statement period, including any debt from balance transfers.
How to apply for the NAB Qantas Rewards Card
If you’ve decided that the NAB Qantas Rewards Card is right for you and your financial circumstances and want to apply for the card, simply complete the online application form. Before you do this, make sure you meet NAB’s eligibility requirements.
- In order to be eligible for this NAB credit card, you need to be 18 years of age or older.
- If you are not an Australian citizen or permanent resident, you’ll need to provide the last overseas address you resided at.
- You must also meet the income requirements so NAB can determine whether you can meet your repayment commitments to the bank. These requirements may vary and should be verified with NAB prior to your application.
- You’ll need your driver’s license and driver’s license number as well as your full address. If you don’t have a license, you will need a valid passport or another form of approved government identification.
- In order to verify your income and credit history, you’ll have to provide NAB with payslips or other income documentation like tax forms in order to prove you meet the income requirements. You may also need additional information regarding assets and liabilities as well as your employer’s or accountant’s information.
Whenever you decide to apply for a credit card or other line of credit, it’s important to compare the available offers so you are sure you’re getting everything you need and that the deal is right for your financial situation.Back to top