The NAB Qantas Rewards Signature is suited to travellers who want to earn Qantas Points as they spend and who will use the card's extra features (like the complimentary insurance covers) to justify the annual fee.
NAB Qantas Rewards Signature Card

- Bonus points
- 120,000
- Purchase rate
- 19.99% p.a.
- Reward point per $ spent
- 1
- Annual fee for the first year ($395 p.a. thereafter)
- $295 p.a.
Our verdict
Offers a competitive earn rate and up to 120,000 bonus Qantas Points, but you'll need to wait a year for 30,000 of them.
Pros
-
Up to 120,000 bonus Qantas Points
-
Discounted $295 annual fee for the first year
-
Complimentary insurance covers
Cons
-
Spend requirement to get bonus points is tricky
-
High ongoing annual fee of $395
-
No lounge passes or travel credit
Details
Product details
Product Name | NAB Qantas Rewards Signature Card |
Balance transfer rate p.a. | 0% for 12 months with 3% balance transfer fee, then 21.74% |
Balance transfer limit | 90% of available limit |
Purchase rate p.a. | 19.99% |
Interest-free period | Up to 44 days on purchases |
Cash advance rate p.a. | 21.74% |
Min credit limit | $15,000 |
Max credit limit | $75,000 |
Card type | Visa |
Eligibility
Available to temporary residents | Yes - Conditions apply |
Joint application | No |
Rewards
Rewards program | Qantas Frequent Flyer |
Bonus points | 120,000 |
Rewards points per $ spent | 1 |
Rewards points cap | 20,000 |
Fees
Annual fee | $295 first year ($395 after) |
Minimum monthly repayment | 2% of the closing balance or $25, whichever is greater |
Late payment fee | $15 |
Foreign currency conversion fee | 3% |
Cash advance fee | 3% or $3, whichever is greater |
Overseas ATM withdrawal fee | $5 |
Additional cardholder fee | $0 |
Number of additional cardholders | 1 |
Your reviews
Sally Finder
Producer
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Amy Bradney-George Finder
October 19, 2023
Hi LK,
The points would remain in your Qantas Frequent Flyer account once they have been added there, even if you cancelled the card after that. But keep in mind that if you cancel the card before the points have been added to your frequent flyer membership, you would not get the points. I hope this helps.
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Sathyan
August 22, 2023
Hi, I am looking to apply for NAB signature card. What is the minimum income requirement to apply?

Amy Bradney-George Finder
August 25, 2023
Hi Sathyan,
NAB does not list a specific income amount that’s required for this card. But it does state you need to receive a regular income. It’s also worth considering this card’s minimum credit limit, which is currently $15,000. Your application would need to show that you have enough income to service the minimum limit after you cover all your existing financial commitments. Finder’s guide to minimum income requirements has more details that may be helpful. If you have further questions about this card or the application, you can call NAB on 13 22 65 to discuss your specific situation. I hope this helps.
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Michelle
August 21, 2023
Hi, do you know what the Rewards Points Cap of 20,000 means? Thanks

Amy Bradney-George Finder
August 21, 2023
Hi Michelle,
The rewards points cap means you only earn Qantas Points for $20,000 of eligible spending in each statement period. A statement period is typically 30 days long, so if you spend less than $20k a month the points cap will be less noticeable, based on the card’s earn rates. If you spend more than that in a month, you can compare other Qantas Frequent Flyer credit cards to find one with a higher cap or no cap. I hope this helps.
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lindsay
August 11, 2023
Hi , Do I need to keep my card for over a year to receive my 90000 points after i have spent $3000 in sixty days and forgo the extra 30000 points.

Amy Bradney-George Finder
August 14, 2023
Hi Lindsay,
According to NAB’s terms and conditions for this offer, the 90,000 bonus Qantas Points would be credited to your points balance within 3 months of meeting the spend criteria. So you wouldn’t have to keep it open after the points were credited unless you wanted to. I hope this helps.
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Paul
August 09, 2023
Hi I have a platinum card which I have had for many years I would like to update to the NAB Qantas Rewards signature card and take advantage of the bonus points.

Amy Bradney-George Finder
August 11, 2023
Hi Paul,
To be eligible for the bonus points, you must be a new customer, meaning you cannot hold or have held a NAB Qantas rewards card in the previous 12 months. If you meet this requirement and the other eligibility criteria, you can apply for this card through NAB. If you have further questions about applying, you can contact NAB on 13 22 65. I hope this helps.
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LK
October 19, 2023
Hi If I were to get 90,000 qantas points and then close my Card will I loose my 90K points?or will they still be available on my qantas id