NAB Rewards Platinum Card

Collect 60,000 bonus points and enjoy complimentary insurance covers plus premium perks like a 24/7 concierge service.

The NAB Rewards Platinum earns points that can be redeemed for merchandise, frequent flyer points and more. It also offers six complimentary insurance options, including purchase protection and interstate flight inconvenience covers.

0% p.a.

Balance transfer rate

for 6 months with 2% balance transfer fee


Bonus points

19.99% p.a.

Purchase rate


Reward point

Per $ spent

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Product NameNAB Rewards Platinum Card
Rewards programNAB Rewards
Balance transfer rate0% p.a. for 6 months with 2% balance transfer fee
Balance transfer revert rateCash Advance Rate (21.74% p.a.)
Balance transfer limit90% of available limit
Purchase rate19.99% p.a.
Annual fee$195
Interest-free periodUp to 44 days on purchases
Cash advance rate21.74% p.a.
Min credit limit$6,000
Max credit limit$30,000
Card typeVisa
Foreign currency conversion fee3%
Available to temporary residentsYes - Conditions apply
Joint applicationYes


  • You can receive 60,000 bonus points when you spend $1,000 on everyday purchases within 60 days from account opening.
  • Offers 6 types of complimentary insurance including extended warranty insurance, purchase protection insurance and interstate flight inconvenience insurance
  • Extended Warranty Insurance and Interstate Flight Inconvenience Insurance.
  • Enjoy Visa Premium Access and a 24/7 access to the NAB Platinum Concierge Services.


  • This card comes with only up to 44 days interest-free on purchases, as opposed to most cards that offer up to 55 days.
Rewards programNAB Rewards
Bonus points60,000
Rewards points per $ spent1
Annual fee$195
Minimum monthly repayment2% of the closing balance or $25, whichever is greater
Late payment fee$15
Foreign currency conversion fee3%
Cash advance fee2% or $2.50, whichever is greater
Overseas cash advance fee2% or $2.50, whichever is greater
Overseas ATM withdrawal fee$5
Additional cardholder fee$0
Number of additional cardholders1

Review by

Sally McMullen is a creative content producer at Finder. Sally has written about credit cards for almost 5 years, authoring almost 900 articles on Finder alone. She has also been published in Yahoo Finance, Dynamic Business, Financy and Mamamia, as well as Music Feeds and Rolling Stone. Sally has a Bachelor of Communication and Media Studies majoring in Journalism (Hons) from the University of Wollongong.

Expert review

The NAB Rewards Platinum card is suited to cardholders who want to reward their spending but prefer the flexibility of bank reward points. You can use your points to book travel through Webjet, purchase products from the NAB Rewards store or exchange for partnered frequent flyer points with Virgin Australia’s Velocity, Cathay Pacific’s Asia Miles, Singapore Airlines KrisFlyer or Air New Zealand's Airpoints Dollars.

You can transfer a minimum of 3,000 NAB Rewards Points for 1,500 Velocity Points, 1,000 KrisFlyer Miles, 1,000 Asia Miles or 15 Air New Zealand Airpoints Dollars. As an example, you could exchange 60,000 NAB Rewards Points for 30,000 Velocity Points. As KrisFlyer, Asia Miles and Air New Zealand Airpoints aren’t directly linked with any Australian rewards credit card, this could be a good option if you belong to one of these programs.

How to apply

You can apply for the NAB Rewards Platinum card online in 15 minutes and receive a response within 60 seconds. Before you start, make sure you meet the eligibility requirements and have the necessary documents to complete the application.

Eligibility criteria

  • Residency. You can apply if you're an Australian citizen or permanent resident. If you are not a citizen or permanent resident, you will need to have an acceptable visa. Many visas are acceptable but the following are not: Visitor Visa (exception, a Special Category Visa - NZ Citizen is acceptable), Working Holiday, Student, Exchange/gap year, Transit/short stay/seasonal, and Bridging.
  • Eligible balance transfer debt. You can transfer up to 90% of your approved credit limit from non-NAB accounts.

Card benefits

  • Bonus points offer. Spend $1,000 on eligible purchases within 60 days of card approval and you'll unlock 60,000 bonus NAB Rewards Points.
  • Earn NAB Rewards Points. You'll earn 1 NAB Rewards Point per $1 spent on eligible purchases. You'll also earn 2 additional NAB Rewards Points when you use your card to make international transactions and 1 additional NAB Rewards Point when you shop in-store and online at major stores including Myer, David Jones, Bunnings, Mitre 10 and more.

Rates & fees

  • Annual fee. This card charges an annual fee of $195 p.a.
  • Purchase rate. A 19.99% p.a. standard variable interest rate applies to purchases made on this card.

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    Default Gravatar
    June 1, 2018


      Default Gravatar
      June 1, 2018

      Hi BK,

      Thanks for getting in touch!

      As per the application requirements of NAB Rewards Platinum Card:

      Employment details. This includes your employer’s name and contact details, your role and the length of time you’ve worked there. You’ll also need to provide details of your salary and may be asked to submit recent payslips or bank statements.

      Regarding the amount of income required, this will be reviewed by the bank. If you wish to apply, you may ask if your income is suffice to apply for this credit card.

      Hope this clarifies!


    Default Gravatar
    October 20, 2017

    I have book a flight through Nab Platinum Card for my Son who is my dependent and he is travelling alone, Is he covered if I paid his ticket through my Card.

      Default Gravatar
      October 20, 2017

      Hi Dinesh,

      Thank you for reaching out to Finder.

      Your son would have to travel with you to be covered under the complimentary travel insurance policy of your NAB Rewards Platinum Card. You may want to check the other eligibility requirements from our complete guide to NAB Complimentary Travel Insurance.


    Default Gravatar
    June 29, 2017

    Hi, I booked a trip overseas for myself and my wife paying with my Platinum NAB card. Are we both covered for travel insurance, and where can I get the documentation to print out?



      Default Gravatar
      June 29, 2017

      Hi Ben!

      Please refer to the Overview of Travel and Medical Insurance Cover by NAB Rewards Card:

      You may access the benefit of this Overseas travel and medical insurance cover:
      1. if you meet the eligibility criteria; and
      2. the loss or damage occurs during the period of cover.

      Eligibility criteria

      1. You were ninety (90) years of age or under before the date of departure for your trip; and
      2. You (or the accompanying NAB Cardholder) had purchased on a NAB card a minimum of $500* (inclusive of taxes and other charges) of pre-booked transport costs (airfares and/or cruise) and/or land content (tours, hire cars or other hired transport and accommodation) prior to the commencement of the trip. The purchase must be debited to a NAB Card prior to your departure from Australia. The purchase must also have been transacted in one of the following ways: – If using your NAB Credit Card – purchases using your credit card facility directly charged by the merchant or using the linked PayPal account; or – If using your NAB Gold Visa Debit Card – purchases using your debit card either by using the physical card or by providing the debit card number when paying for your purchases or using linked PayPal account.

      Usually, QBE will respond to requests from NAB Cardholders seeking a policy number by providing a letter of eligibility which sets out: (a) the NAB Cards Insurances policy number; and (b) the eligibility criteria.

      You can go click “Go to Site” of this page. Once redirected to NAB website, look for “Important Information” and download the Product Disclosure Statement of NAB Insurance Policy to get the full details and QBE Hotline.

      Hope this helps.


    Default Gravatar
    June 25, 2017


    If i made an online purchase from an international seller (eg: amazon) what would the charges be?

    Thank you.

      Avatarfinder Customer Care
      June 25, 2017

      Hi Wei,

      Thanks for your inquiry.

      There are no charges if you will be using your NAB Rewards Platinum Card when purchasing through international sellers/online stores, like Amazon. You will be informed by the seller/store if there are any fees that will include in your purchase. It should show the rundown and total of your purchase on the provided online receipt.


    Default Gravatar
    May 20, 2017

    If I get this NAB Platinum card, can I transfer points to Qantas Frequent Flyer points on a 1 for 1 basis?

      Avatarfinder Customer Care
      May 21, 2017

      Hi Greg,

      Thank you for your inquiry.

      NAB Rewards points are not transferable to Qantas Frequent Flyer program. However, you may redeem them for Air New Zealand’s Airpoints, Asia Miles and Virgin Australia’s Velocity points.

      You can redeem either 0.005 Airpoints Dollars or 0.33 Asia Miles or 0.5 Velocity points for every NAB Rewards point, with a minimum transfer amount of 3,000 NAB Rewards points.

      I hope this helps.

      Kind regards,

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