NAB Qantas Credit Card

• Complimentary Qantas Frequent Flyer membership when you join at qantas.com.au/joinffnab. Saving you $82.50.
• Two cards, one account, one annual card fee of $65
• Additional cardholder at no extra cost
• No overlimit fee
• Qantas points capped at $3,000 per month makes it ideal for small spenders.
• The balance transfer rate will revert to the purchase rate at the end of the balance transfer period.
• Read the terms and conditions

• Free membership into the Qantas Frequent Flyer Program saving you $82.50.
• No fee if you go over your credit limit.
• Qantas points capped at $3,000 per month.

How does the NAB Qantas Credit Card compare for rates and fees against an average credit card? Based on the data from our website this credit card comparison scorecard shows:

		Purchase Rate	Cash Adv Rate	Annual Fee	Bal. Transfer Rate	Bal. Transfer Rate Period
	NAB Qantas Credit Card	19.99%	21.74%	$65	4.99%	6 months
	The Average Credit Card	17.17%	21.04%	$95	3.04%	7 months

You can transfer from:



• ANZ
• Aussie
• Bank of Melbourne
• Bank of Queensland
• Bank SA
• Bankwest
• Citibank
• Coles
• Commonwealth Bank
• HSBC
• St.George
• Suncorp
• Virgin
• Westpac
• Woolworths

You cannot transfer from:



• NAB

If you’re starting out your Qantas frequent flyer points life, don’t plan to spend like crazy and want to get free membership into Qantas Frequent Flyer Program then the NAB Qantas Credit Card could be for you.

Pros
You can become a member of the Qantas Frequent Flyer Program for free which will save you $82.50. You can earn points at an accelerated pace for a short period of time. You can get an additional cardholder for no extra cost. NAB are trying to be fair and are willing for you to dodge paying fees if you go over your credit limit.

The ‘two cards, one account’ setup is ideal in case you have a sizeable purchase to make when you can whip out the Amex card and get the better points rate. Another positive is that the minimum income requirement is set to any weekly income meaning that this credit card offer is not out of reach for low income earners and self-employed people.

Cons
There’s a trade off in that you get free membership to Qantas but you pay an annual fee. Also, the accelerated points earning ratio is restricted on two fronts: it ends in September after which is reverts to a lower rate and secondly the points earning potential is capped at $3,000 per month.

Conclusion
All in all, the NAB Qantas Credit Card is a good frequent flyer credit card best suited for first timers to Qantas as opposed to the seasoned frequent flyer points chaser.