Are you looking for a credit card that rewards you with Qantas Points for your everyday spending? Look no further than the NAB Qantas Rewards Premium Card. This premium card offers a generous bonus points offer, competitive earn rates, and a range of complimentary insurances to provide you with peace of mind. In this article, we’ll explore the benefits of the NAB Qantas Rewards Premium Card and help you determine if it’s the right choice for you.
Reasons to Get a NAB Qantas Rewards Premium Credit Card
The NAB Qantas Rewards Premium Card is designed for frequent flyers and those who want to maximize their Qantas Points earning potential. Here are some key reasons to consider this card:
Earn Bonus Qantas Points
New cardholders can earn up to 70,000 bonus Qantas Points when they spend $2,000 on eligible purchases within the first 60 days of account opening. This generous offer can get you closer to your next reward flight or upgrade.
Competitive Earn Rates
The card earns 1 Qantas Point per $1.50 spent on eligible purchases for the first $3,000 per statement period, and 1 Qantas Point per $3 spent from $3,001 to $6,000. You’ll also earn an additional 1 Qantas Point per $1 spent on selected Qantas products and services.
Complimentary Insurances
The NAB Qantas Rewards Premium Card comes with a range of complimentary insurances, including international travel insurance, purchase protection, and extended warranty. These benefits can provide valuable protection for you and your purchases.
Reduced First Year Annual Fee
New cardholders enjoy a reduced annual fee of $150 for the first year ($250 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 Premium 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 Premium Credit Card
| Pros | Cons |
|---|---|
| Up to 70,000 bonus Qantas Points | $250 annual fee ($150 in the first year) |
| Competitive earn rates | 3% overseas transaction fee |
| Complimentary insurances | No points earned on ATO payments |
| Reduced first year annual fee | – |
| Qantas Frequent Flyer membership | – |
| NAB Concierge Service | – |
Fees and Interest Associated with NAB Qantas Rewards Premium Credit Card
| Fee | Amount |
|---|---|
| Annual fee | $250 p.a. ($150 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 Premium Credit Card?
To apply for the NAB Qantas Rewards Premium Card, follow these steps:
- Visit the NAB website and navigate to the Qantas Rewards Premium 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 Premium 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 Premium Card is great 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.