On NAB's website
NAB Qantas Rewards Premium Credit Card
Balance transfer
12 months at 0% p.a.
Purchase rate
20.99% p.a. ongoing
Interest-free days
44 days
Annual fee
$150.00 for 1st year
Highlights
- Receive 70,000 bonus Qantas Points upon spending $2,000 within the initial 60 days.
- First-year annual fee reduced to $150 p.a. from $250 p.a. (saving $100).
- Earn 1 Qantas Point per $1.5 spent on everyday purchases up to $3,000 per statement period, and 1 Qantas Point per $3 spent thereafter (capped at $6,000).
- Enjoy complimentary Qantas Frequent Flyer membership, saving $99.50.
Pros and cons
Pros
Cons
About this credit card
Basics
Card usage
Eligibility
Additional cardholders
Credit limits
Repayments
Balance transfers
Balance transfer offer
Balance transfer conditions
Rates, fees, charges
Cash advances
Purchases
Account fees
Rewards
Rewards program basics
Rewards points per $1 spent
Additional perks
Insurance
Travel and lifestyle
Our review
Convenience
Customer service
Rates and fees
Rewards
Trust
The basics
- Additional cardholders. This card allows you to add one additional cardholder for free. This means you can share your account with another family member, and both of you can contribute towards earning rewards. Please note that the main cardholder manages the account and keeps up with repayments.
- Digital wallets. Compatible with Apple Pay, Google Pay, Samsung Pay, Garmin Pay, and Fitbit Pay.
- Gambling transactions. Gambling transactions are not permitted on this card.
Rewards and benefits
- Complimentary travel insurance. Comes with complimentary international travel insurance for eligible cardholders. Eligibility criteria apply. The cover is activated when the card is used to pay for travel expenses related to your trip before you leave.
- Concierge services. Cardholders can access a 24 / 7 concierge service that can help arrange bookings for hotels and restaurants, shop, compare prices, get travel recommendations, and more.
- Insurances. This card comes with extended warranty protection, fraud protection, and purchase protection insurance.
- Rewards points. NAB Qantas Rewards Premium Credit Card cardholders can earn 1 Qantas Point per $1.50 spent on eligible purchases up to the first $3,000 on everyday purchases. For the next $3,000 of spending, you earn 1 Qantas Point per every $3 spent. Qantas Points are capped at 6,000 points per month and 72,000 points per year. Points are earned into the Qantas Frequent Flyer program.
- Sign up bonus. Get 70,000 bonus Qantas Points when you spend $2,000 on eligible purchases in the first 60 days.
Rates and fees
- Annual fee. This card has an annual fee of $250 p.a., with a reduced annual fee of $150 p.a. for the first year.
- Balance transfers. Transfer debt from other credit and store cards with an introductory balance transfer at 0% p.a. for the first 12 months. There is a 3% fee. After this introductory period, any remaining balance will revert to the standard interest rate of 21.74%.
- Cash advances. Transactions classed as a cash advance — ATM withdrawals, funding a money transfer, etc. — will be charged interest at 21.74% p.a. Interest on cash advances accrues from the transaction date. In addition to the interest rate, NAB will charge a one-off cash advance fee. Credit cards with cheaper cash advances are available.
- Foreign exchange fee. There is a 3% fee for transactions made in a foreign currency, whether overseas or online.
- Interest-free period. Enjoy up to 44 days interest-free on purchases when you pay the account balance in full by the due date or have made the required minimum repayments.
- Purchases. There is no introductory offer on the purchase interest rate. Purchases will incur a 20.99% p.a. interest rate ongoing. This rate is about average for a rewards card.
Reviewed by Credit Card Compare Staff
History
User reviews
Convenience
Customer service
Rates and fees
Rewards
Trust
Great way to get rewards
Reviewed by Bobetty
Fantastic card
Reviewed by N/A
i am happy with this card
Reviewed by Ann
I got flights with this card
Reviewed by Helen Blackwood
The only reason we stay is the Qantas points
Reviewed by Sarah
We flew to Sydney with rewards
Reviewed by Nikki
Decent mainstream option
Reviewed by Guy
All my purchases go on it
Reviewed by Brooke
Expensive annual fee
Reviewed by Sue
Standard credit card
Reviewed by Yi
Good credit card if you spend enough
Reviewed by Hannah
Good rewards and travel insurance
Reviewed by Jay
Great for Qantas points
Reviewed by Nadine
Just OK if you spend a lot
Reviewed by Alexandra
Good Qantas earning rates
Reviewed by Ashley
QFF points, insurance, and temporary block option
Reviewed by Jasmine
Would you like to review this product? Click here to write your review and help others make a better decision.
