NAB Qantas Rewards Signature Card
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Earn up to 120,000 bonus Qantas Points when you meet the spend requirement and save with a reduced $295 annual fee in the first year.
The NAB Qantas Rewards Signature is a Visa product suited to frequent flyers who want to earn Qantas Points as they spend and will utilise the host of extra card features.
120,000
Bonus points
19.99% p.a.
Purchase rate
1
Reward point
Per $ spent (Visa/Mastercard)
$295 p.a.
Annual fee
for the first year ($395 p.a. thereafter)
Details
| Product Name | NAB Qantas Rewards Signature Card |
|---|---|
| Rewards Program | Qantas Frequent Flyer |
| Balance transfer rate | 0% p.a. for 6 months with 2% balance transfer fee |
| Balance Transfer Revert Rate | Cash Advance Rate (21.74% p.a.) |
| Balance Transfer Limit | 90% of available balance |
| Purchase rate (p.a.) | 19.99% p.a. |
| Annual fee | $295 p.a. annual fee for the first year ($395 p.a. thereafter) |
| Interest Free Period | 44 days |
| Cash advance rate (p.a.) | 21.74% p.a. |
| Min credit limit | $15,000 |
| Card Type | Visa |
| Foreign Currency Conversion Fee (Visa/Mastercard) | 3% of transaction value |
| Complimentary Travel Insurance | Yes |
| Minimum Age | 18 years of age |
|---|---|
| Available to Temporary Residents | Yes - Conditions apply |
| Joint Application | No |
Pros
- Up to 120,000 bonus Qantas points
- Discounted $295 annual fee for the first year
- Complimentary insurance covers on overseas travel and purchases
Cons
- Spend requirement to get bonus points is tricky
- High standard annual fee of $395
- No lounge passes or travel credit
| Rewards Program | Qantas Frequent Flyer |
|---|---|
| Bonus Points | 120,000 bonus points |
| Rewards Points per $ spent (Visa/Mastercard) | 1 |
| Rewards Points per $ Cap (Visa/Mastercard) | 20,000 |
| Annual fee | $295 p.a. annual fee for the first year ($395 p.a. thereafter) |
|---|---|
| Minimum Monthly Repayment | 2% of the closing balance or $25, whichever is greater |
| Late Payment Fee | $15 |
| Foreign Currency Conversion Fee (Visa/Mastercard) | 3% of transaction value |
| 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 |
| Additional Cardholder Fee | $0 |
| Number of Additional Cardholders | 1 |
Expert review
Review by
Sally McMullen
sally.mcmullen@finder.com.auSally McMullen is Finder's credit cards and frequent flyer editor by day and a music maven by night. Her byline can be spotted on Yahoo Finance, Dynamic Business, Financy and Mamamia as well as Music Feeds and Rolling Stone.
