The NAB Rewards Signature has one of the biggest bonus points offers on the market and earns 1.25 NAB Rewards Points per $1 on most everyday spending. It also has higher rates of up to 2.5 points per $1 at major department and hardware stores (including Kmart, Target and Bunnings) and 3.75 points per $1 for overseas spending or travel bookings with Webjet. Rewards include gift cards, retail items and point transfers to Velocity, Asia Miles, Singapore Airlines KrisFlyer, Air New Zealand Airpoints, Flybuys and Accor Live Limitless (ALL). It also offers perks similar to what you can get with other premium credit cards, including a concierge service and Visa Premium offers. Weighing the value of these features against the card's annual fee can help you decide if it's right for you.
NAB Rewards Signature

- Bonus points
- 160,000
- Purchase rate
- 19.99% p.a.
- Reward points per $ spent
- 1.25
- Annual fee for the first year ($295 p.a. thereafter)
- $145 p.a.
Our verdict
Offers up to 160,000 bonus NAB Rewards Points and a discounted $145 annual fee in the first year, which goes to $295 after that.
Pros
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Up to 160,000 bonus NAB Rewards Points
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Discounted $145 first-year annual fee
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Offers between 1.25 and 3.75 NAB Rewards Points per $1 spent
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0% p.a. on balance transfers for 12 months (with a 3% balance transfer fee)
Cons
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Need to keep the card for at least 12 months to get the full amount of bonus points
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$295 annual fee after the first year, which is higher than some other cards
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3% international transaction fee
Details
Product details
Product Name | NAB 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 | NAB Rewards |
Bonus points | 160,000 |
Rewards points per $ spent | 1.25 |
Fees
Annual fee | $145 first year ($295 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 |