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NAB Qantas Rewards Premium Card

  • Bonus Points
  • Apple, Google & Samsung Pay
  • Balance transfer
Bonus Points

70,000 Bonus Qantas Points. Offer applies to a new NAB Qantas Rewards Premium Card when you spend $2,000 on everyday purchases within 60 days*. Enjoy a reduced annual card fee (from $250 to $150) for the first year.

*To be eligible for the 70,000 bonus points offer, you must apply for a new NAB Qantas Rewards Premium Card and spend $2,000 on everyday purchases within 60 days and keep your card open for over 12 months. A reduced annual card fee of $150 will be charged when the card is opened and applies for the first 12 months. You will be charged the standard $250 annual card fee in the 13th month of your card account. T&Cs apply.

Purchase rate p.a.

20.99%

Balance transfer rate

0%

Annual fee

$150

for 12 months then $250 thereafter

NAB Qantas Rewards Premium Card

  • Bonus Points
  • Apple, Google & Samsung Pay
  • Balance transfer

Purchase rate p.a.

20.99%

Balance transfer rate

0%

Annual fee

$150

for 12 months then $250 thereafter

Pros and Cons

For NAB Qantas Rewards Premium Card

Benefits

  • Rewards Available through Qantas Frequent Flyer
  • Extra 70,000 points subject to eligibility conditions
  • $150 annual fee in the first 12 months and $250 p.a thereafter.
  • Apple Pay, Google Pay and Samsung Pay available
  • Domestic travel insurance
  • Free supplementary cards
  • Price guarantee
  • Extended warranty
  • Concierge
  • Purchase protection insurance

Drawbacks

  • Higher than average ongoing variable purchase rate
  • Higher than average ongoing annual fee

NAB Rate Credit Card overview

For Qantas Rewards Premium Card

Details

Card level

Premium

Card type

Visa

Interest free days

44

Minimum monthly repayment

2% or $25

Minimum credit limit

$6,000

Maximum credit limit

$0

Free supplementary cards

Instant approval

Target Market Determination

Visit National Australia Bank Limited to view Target Market Determination.

Fees

Annual fee

$150

for 12 months then $250 thereafter

Annual Fee Spend Waiver

Supplementary card annual fee

$0

Late payment fee

$15

Over limit fee

$0

Duplicate statement fee

$7

Electronic Wallet Service

Apple pay available

Google pay available

Samsung pay available

Important Rates

Rates

Purchase rate p.a.

20.99%

Cash advance rate

21.74%

Cash advance fee

3% or $3

Balance Transfer

Balance transfer rate

0%

Transfer limit

90%

of the approved credit limit

Balance transfer fee

3%

Overseas spending

Foreign exchange fee
3% on Visa
Overseas charges

$5

Estimated ATM cost

$14

for AU $300 withdrawal

Rewards

Program name

Qantas Frequent Flyer

Rewards available

Gift Card, Domestic Flights, International Flights, Flight Upgrades, Qantas Shop, Qantas Hotels

Eligibility

Minimum age

18

Minimum income

$65,000

Eligibility conditions

Residency

Perks

DOMESTIC TRAVEL INSURANCE

A qualifying purchase is required.

FREE SUPPLEMENTARY CARDS

Supplementary cardholder must be over 16 years of age

PRICE GUARANTEE

If you purchase personal goods in Australia and then find the same product advertised later in a printed catalogue at a cheaper price within 21 days of purchase, from a store within 25km of the store where the item was purchased, you can claim back the difference if it is more than $75.

EXTENDED WARRANTY

CONCIERGE

PURCHASE PROTECTION INSURANCE