NAB
Unlock up to 130,000 Qantas Points and receive $250 cashback with competitive earn rates and premium travel benefits. Minimum spend applies, conditions apply.
Introducing the NAB Qantas Rewards Signature Card
The NAB Qantas Rewards Signature Card offers one of the highest signup bonuses on the market. New applicants can score up to 130,000 Qantas Points and a valuable $250 cashback.
The card provides a highly competitive points earn rate: 1 Qantas Point per $1 spent up to $5,000 per statement period, and 0.5 points per $1 spent thereafter, capped at $20,000 per period.
You’ll also earn a generous 2 Qantas Points per $1 spent on selected Qantas purchases. The variable interest rate, credit limit and full eligibility requirements should be confirmed before applying. The annual fee is $420.
As a premium cardholder, you will enjoy international travel insurance, purchase protection and access to a range of Qantas-specific perks. This card is best suited for frequent Qantas travellers and everyday spenders aiming to maximise points.
Remember, the introductory bonus is subject to eligible spend and maintaining your account for at least 12 months to get the full benefit.
How to Apply: Step by Step
Applying for the NAB Qantas Rewards Signature Card is straightforward. Begin by gathering key documents such as proof of income and your ID.
Visit the application portal and fill out personal and employment details. Review the card’s terms, including annual fees and repayment policies.
Submit the application online. After review, you may be asked for extra documentation to verify your information. Approval can be quick if information is supplied correctly.
Upon approval, activate your card and be sure to meet the $5,000 minimum spend in the first 3 months to unlock the majority of the points bonus and cashback rewards.
Keep your card active for 12 months to receive the subsequent points bonus and extract full value from this card’s welcome offer.
Pros of the NAB Qantas Rewards Signature Card
The most obvious advantage is the substantial Qantas Points bonus, ideal for redeeming premium Qantas flights or upgrades.
Cardholders enjoy strong ongoing earn rates and premium insurance benefits, making this card appealing for regular travellers or savvy spenders who want extra peace of mind.
Cons of the NAB Qantas Rewards Signature Card
The annual fee of $420 could be a deterrent for infrequent spenders or those not using the bonus perks.
An active management of spend is necessary, as high points earning is capped, and bonus eligibility is tied to continued card use over 12 months.
Our Verdict: Is It Worth It?
The NAB Qantas Rewards Signature Card is an attractive proposition for points hunters and regular Qantas flyers. The bonus points and cashback represent superb value if you can meet the minimum spend.
The included insurance and perks suit frequent travellers, but anyone not optimising these advantages may want to consider a lower fee option.
Overall, the card’s substantial welcome offer and practical earn rates justify the annual fee for most Australians seeking to get more from their everyday spending.