NAB Qantas Rewards Premium Credit Card

On website

NAB Qantas Rewards Premium Credit Card

Balance transfer

12 months at 0% p.a.

Purchase rate

20.99% p.a. ongoing

Annual fee

$150.00 for 1st year


  • 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


  • The 70,000 bonus Qantas Points.
  • The discounted annual fee for the first year.
  • Free Qantas Frequent Flyer membership (a saving of $99.50).
  • Comes with a host of complimentary insurances when you make an eligible purchase.
  • Visa Premium Access and NAB Concierge Services 24/7.


  • Points earning capped at $6,000 spent per statement period.
  • Higher annual fee compared to other Qantas cards.
  • Interest rates are high, which is typical for most rewards-earning cards.

About this credit card


Card usage

Apple Pay Enabled
Card Type
Gambling Transactions Allowed
Samsung Pay Enabled


Joint Application Accepted
Minimum Age
18 years
Minimum Credit Rating
Below Average, Fair, Good, Very Good, Excellent
Minimum Income
Temporary Residents Accepted

Additional cardholders

Additional Cardholders
Additional Card Fee Ongoing

Credit limits

Minimum Credit Limit
Maximum Credit Limit


Interest Charged From
Purchase date
Interest Free Period
Up to 44 days on purchases
Minimum Repayment Percentage

Balance transfers

Balance transfer offer

Balance Transfer Rate
Balance Transfer Period
12 months
Balance Transfer Fee Percentage

Balance transfer conditions

Balance Transfer From Personal Loan
Balance Transfer Limit Percentage
Balance Transfer Revert Rate

Rates, fees, charges

Cash advances

Cash Advance Rate
21.74% p.a.
Cash Advance Fee
Cash Advance Fee Percentage
Cash Advance Fee Threshold


Purchase Rate Introductory Offer
Purchase Rate Introductory Period
Purchase Rate Ongoing
20.99% p.a.

Account fees

Annual Fee Initial Year
Annual Fee Ongoing
Dishonour Fee
Duplicate Statement Fee
Foreign Exchange Fee Percentage
Late Payment Fee


Rewards program basics

Rewards Program
Qantas Frequent Flyer
Rewards Program Annual Fee Initial Year
Rewards Points Expiry
36 months

Rewards points per $1 spent

Domestic Rewards Points Earn Rate
Government Rewards Points Earn Rate
Overseas Rewards Points Earn Rate

Additional perks


Cardholder's Domestic Hotel Burglary Insurance
Cardholder's Extended Warranty Insurance
Cardholder's International Travel Insurance
Cardholder's Interstate Flight Inconvenience
Cardholder's Personal Item Theft Cover
Cardholder's Price Protection Insurance
Cardholder's Purchase Protection Insurance
Cardholder's Refund Protection
Cardholder's Transport Accident Insurance

Travel and lifestyle

Airport Lounge Access Included
Concierge Service Included
Complimentary Flight Voucher Included
Complimentary QFF Membership Included

Our review


Customer service

Rates and fees



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

User reviews


Customer service

Rates and fees



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

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