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Rewards Platinum Card



Electronic Wallet Service

Important Rates


Balance Transfer

Overseas spending



Earn Rates

RateCard TypeEarnsCondition
3 points for $1 spentVisauncappedWebjet, overseas purchases
2 points for $1 spentVisauncappedmajor department and hardware stores
1 point for $1 spentVisauncappedeligible everyday purchases
  • Free Domestic Travel Insurance A qualifying purchase is required.
  • Free International Travel Insurance A qualifying purchase is required.
  • Free Supplementary Cards Supplementary cardholder must be over 16 years of age
  • Purchase Protection Cover lasts for 90 days per year
  • 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


The NAB Rewards Platinum Card comes with a moderately high interest rate and annual fee, and a moderately low number of interest-free days. It also has a moderate minimum credit limit.

Cardholders have the ability to earn one NAB Rewards Point per $1 spent on eligible purchases, as well as double and triple points on certain purchases (conditions apply). Points earned can be redeemed for a range of products and experiences at the NAB Rewards Store.

This card comes with a range of complimentary insurances, such as overseas travel insurance and purchase protection insurance, among others. New customers transferring debt from another card can also take advantage of an introductory balance transfer offer.

If you connect to NAB Pay for Android or Apple Pay for iPhone, you can make contactless payments using your smartphone. Security-wise, NAB Defence also monitors transactions to protect against fraudulent activity.

  • Rewards program
  • Complimentary insurance
  • Free additional cardholder
  • Moderately high interest rate
  • Moderately high annual fee
  • International spending fees

Who is it good for?

People looking for a card with a general rewards program may find that this card offers a good variety of rewards-earning potential. Couples or other shared account holders may also benefit from being able to add an additional cardholder with no fee.

Additionally, the NAB Rewards Platinum Card is good for regular travellers and those wanting added protection when making purchases, thanks to its suite of complimentary insurances. However, its high international spending fees mean it’s not particularly suitable for overseas spending.

The introductory balance transfer deal on this card may be an incentive to those wanting to transfer existing debt, though it's important ot keep the balance transfer fee in mind. 

And because this card comes with a moderately high interest rate and annual fee, it isn’t especially good for people wanting to minimise unnecessary debt and expenses.

What RateCity says

The NAB Rewards Platinum Card offers a good amount of flexibility in terms of rewards that can be redeemed for earned points. The potential to earn double or triple points on certain purchases is also an added incentive.

The interest rate and annual fee on this card are both moderately high, and although this is typical for a rewards card, it also means debt can quickly be accrued if you don’t pay off your balance in full each month. With this in mind, it’s worth considering whether the rewards-earning potential of this card outweighs the potential for added debt.

The balance transfer deal and allowance for additional cardholders could be valuable to the right person, though it's important to confirm that the card's other features and benefits will also suit your needs before thinking about applying.  


To be eligible for the NAB Rewards Platinum Card, you need to be at least 18 years old and meet the serviceability criteria set by the bank. To apply, you can fill in a form online at the bank’s website or visit a NAB branch in person if preferred. When applying, you will need to provide proof of identification, personal details and proof of steady income, such as bank statements and payslips.  

About NAB

National Australia Bank (NAB) was founded in 1893, and since then has grown to employ 30,000 staff at more than 900 locations in Australia, New Zealand and around the world. It is one of Australia’s big four banks, providing over 9 million customers personal finance products like credit cards, bank accounts, personal loans and home loans. Customers can manage their banking needs at branches around Australia, via NAB’s online banking portal or through the NAB mobile app.

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