Are you looking to maximize your Qantas Points earning potential and enjoy a range of premium benefits? The NAB Qantas Rewards Signature Credit Card could be the perfect choice for you. With up to 120,000 bonus Qantas Points on offer and a host of complimentary insurances, this card is designed for frequent flyers and those who want to get more value from their everyday spending. In this article, we’ll explore why the NAB Qantas Rewards Signature Card is worth considering and guide you through the application process.
Why Should I Get a NAB Qantas Rewards Signature Credit Card?
The NAB Qantas Rewards Signature Card offers a range of benefits that can make it easier to earn and redeem Qantas Points. Here are some key reasons to consider this card:
Earn Bonus Qantas Points
New cardholders can earn up to 120,000 bonus Qantas Points when they spend $3,000 on eligible purchases within the first 60 days of account opening and keep the card for over 12 months. This generous offer can help you reach your reward goals faster.
Competitive Earn Rates
The card earns 1 Qantas Point per $1 spent on eligible purchases up to $5,000 per statement period, and 0.5 Qantas Points per $1 from $5,001 to $20,000. You’ll also earn an additional 1 Qantas Point per $1 spent on selected Qantas products and services.
Complimentary Insurances
The NAB Qantas Rewards Signature Card comes with a range of complimentary insurances, including international travel insurance, interstate flight inconvenience insurance, transit accident insurance, rental vehicle excess insurance, purchase protection insurance, and extended warranty insurance. These benefits can provide valuable protection for you and your purchases.
Reduced First Year Annual Fee
New cardholders enjoy a reduced annual fee of $320 for the first year ($420 p.a. ongoing). This can help offset the cost of the card in the first year.
Qantas Frequent Flyer Membership
If you’re not already a Qantas Frequent Flyer member, you’ll receive complimentary membership when you apply for the card, saving you the $99.50 joining fee.
Concierge Service
The NAB Qantas Rewards Signature Card includes access to the NAB Concierge Service, which provides 24/7 assistance with travel planning, event bookings, and more.
Pros and Cons of NAB Qantas Rewards Signature Credit Card
| Pros | Cons |
|---|---|
| Up to 120,000 bonus Qantas Points | $420 annual fee ($320 in the first year) |
| Competitive earn rates | 3% overseas transaction fee |
| Complimentary insurances | No points earned on ATO payments |
| Reduced first year annual fee | Points capped at $20,000 per statement period |
| Qantas Frequent Flyer membership | |
| NAB Concierge Service |
Fees and Interest Associated with NAB Qantas Rewards Signature Credit Card
| Fee | Amount |
|---|---|
| Annual fee | $420 p.a. ($320 in the first year) |
| Balance transfer fee | 3% of the transferred amount |
| Overseas transaction fee | 3% of the converted amount |
| Cash advance fee | 3% of the cash advance amount or $3.75, whichever is greater |
| Late payment fee | $15 |
| Over-limit fee | $15 |
How to Apply for a NAB Qantas Rewards Signature Credit Card?
To apply for the NAB Qantas Rewards Signature Card, follow these steps:
- Visit the NAB website and navigate to the Qantas Rewards Signature Card page.
- Click on the “Apply Now” button.
- Fill out the online application form with your personal and financial information.
- Submit the application and wait for a decision.
Eligibility Criteria
To be eligible for the NAB Qantas Rewards Signature Card, you must:
- Be at least 18 years old
- Have a good credit history
- Meet NAB’s income and credit assessment criteria
- Provide valid proof of identity documents
The Final Words
The NAB Qantas Rewards Signature Card is a premium credit card with great value for frequent flyers. It maximizes your Qantas Points earning potential. The card offers generous bonus points and competitive earn rates. It also includes a range of complimentary benefits. This can help you reach your reward goals faster. If eligible and comfortable with fees, consider applying today. Start enjoying the benefits of this premium card.