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70,000 Spend $2,000 in first 60 days
NAB Qantas Rewards Premium Credit Card
NAB Qantas Rewards Premium Credit Card

NAB Credit Cards

NAB Qantas Rewards Premium Credit Card

Updated 2 November 2023

Earn 70,000 bonus Qantas Points on a new NAB Qantas Rewards Premium Card when you spend $2,000 on everyday purchases within the first 60 days of opening the account. Save with 0% p.a. for 12 months on balance transfers (3% balance transfer fee applies) and reduced annual fee of $150 for the first year. Plus, get complimentary Qantas frequent flyer membership as well as a range of insurance covers.
T&Cs apply.

Points Earn Rate (per $1 spent)

0.67 points

Capped at $3000, then 1 point per $3 spent capped at $6,000

Rewards Program

Qantas Frequent Flyer

Bonus Points

70,000 pts

Spend $2,000 in first 60 days

Pros and cons

  • Earn 70,000 bonus Qantas Points on a new NAB Qantas Rewards Premium Card when you spend $2,000 on everyday purchases within the first 60 days of opening the account
  • Enjoy a reduced annual fee of $150 for the first year; $250 thereafter.
  • Earn 1 Qantas Point per $1.50 on eligible purchases for the first $3,000 spent
  • Earn 1 Qantas Points per $3 for the next $3,000 spent on everyday purchases
  • 0% p.a. for 12 months on balance transfers. A one off 3% balance transfer fee applies. BT reverts to variable cash advance rate
  • Up to 44 interest-free days on purchases
  • Additional cardholder at no extra cost
  • Complimentary Qantas frequent flyer membership
  • Range of complimentary insurance covers
  • International Travel Insurance for trips of up to 90 days (including COVID-19 coverage effective 30 June 2022, T&Cs apply)
  • Tap and pay your way. Enabled for Apple Pay, Google Pay, Fitbit Pay, Garmin Pay and Samsung Pay

  • Points capped at $6,000 per statement period
  • 3% balance transfer fee applies

Creditcard.com.au review

Editor Review

NAB Qantas Rewards Premium Credit Card

Pauline Hatch
Pauline is a personal finance expert at CreditCard.com.au, with 8 years in money, budgeting and property reporting under her belt. about this card.

The NAB Qantas Rewards Premium Credit Card

Point calculations are accurate as of 27 September 2023 but may be subject to change without notice. All routes may have additional taxes and charges. Check on the official NAB page for the updated calculations.

With 70,000 bonus Qantas Points, reduced annual fee for the first year, plus, 0% p.a. on balance transfers for 12 months there is certainly a lot to love about the NAB Qantas Rewards Premium Credit Card. As a cardholder, you can also enjoy a decent earn rate on everyday spending, a full suite of complimentary insurance covers, Visa Front Line access and the service of a personal Platinum Concierge.

What we love...

One of the most enticing aspects of the NAB Qantas Rewards Premium Credit Card has to be its bonus points offer. With 70,000 bonus Qantas Points available to new cardholders, all you have to do is spend $2,000 on the card within the first 60 days of opening the account to benefit. As long as you do this, your bonus points will be credited to your account within three months.

What will 70,000 Qantas Points actually get you? With 25,200 Qantas Points, you could fly from Sydney to Phuket or, you could head to the Qantas Store to pick up a De'Longhi Dedica Maestro espresso machine, or a Samsonite 73H Spinner carry-on suitcase for less than your 70,000 Qantas Points bonus.

In terms of introductory offers, the NAB Qantas Rewards Premium Credit Card has yet more to offer. New cardholders can enjoy a reduced annual fee for the first year from $250 to $150 - that's $100 in savings.

If you want to pay down existing credit card debt, you could take advantage of 0% p.a. on balance transfers for 12 months. This could help you save on interest, while you work on clearing that debt.

As a rewards card, the NAB Qantas Rewards Premium Credit Card is pretty straightforward. You will earn 1 Qantas Point per $1.50 on the first $3,000 of each statement period, 1 Qantas Point per $3 on the next $3000, to be capped at $6,000. You can also benefit from complimentary Qantas Frequent Flyer membership if you’re not already a member, saving you $99.50.

Plus, you can earn additional points when using your card to make purchases directly with Qantas. You will earn 1 additional Bonus Point for every $1 spent in Australia on Qantas flights booked directly through qantas.com, Qantas Contact Centres and selected travel agents.

What’s not so great...

While there is a lot to love about the NAB Qantas Rewards Premium Credit Card, there's plenty you need to be aware of. If you sign up for the balance transfer offer, you will pay a 3% balance transfer fee and if you don’t pay off your transferred balance, it will revert to the card’s variable cash advance rate at the end of the 12-month intro period.

In terms of interest, this card has a relatively high variable purchase rate and cash advance rate so it’s best not to carry a balance month to month. There is also a substantial annual fee to cover each year but this should only become an issue if you’re not able to afford it or you’re not getting your money’s worth.

One way to find out if a card offers value is to think about what it offers. For some cardholders, this card’s tiered points system and points capping will simply not offer the value they need. For others, the card’s rewards system and additional features will more than make up for the higher annual fee.

Why should you choose this card?

If you want a rewards card that earns Qantas Points on everyday spending, the NAB Qantas Rewards Premium Credit Card could be ideal. Although the annual fee is large, you can choose to add one additional cardholder at no extra charge to help you earn points faster.

As for additional features, you will have access to a personal concierge service and advance ticket reservations with Visa Front Line access. Plus, you can benefit from some extra peace of mind with the following complimentary insurance covers:

  • International travel insurance for trips up to 90 days (including COVID-19 coverage effective 30 June 2022, T&Cs apply)
  • Purchase protection insurance
  • Extended warranty insurance

Overall Rating

An excellent rewards card, the NAB Qantas Rewards Premium Credit Card allows you to earn Qantas Points on everyday spending while benefiting from extras such as 70,000 bonus Qantas Points, reduced annual fee for the first year, and 0% p.a. on balance transfers for 12 months. Plus, complimentary insurances, a Platinum Concierge and Visa Front Line access.

User reviews

NAB Qantas Rewards Premium Credit Card ( based on 7 Creditcard.com.au user reviews )

52% rating based on 7 reviews

Rates
Fees
Rewards
Customer Service
Value
76%

Creditcard.com.au Visitor

18 April 2013

Depending on what you're looking for and when you take up this offer (I got 38,000 bonus points just for joining) this is one of the best cards on the market. 38,000!! Sure, high annual fee but this is offset by many benefits. Save your money, use your card, no fees incurred and point accrued. Win for you, lose for them =)

Recommends this card

Rates and fees

Interest rates



Purchase rate 19.99% p.a.

Cash advance rate 21.74% p.a.

Interest free period on purchases up to 44 days

Balance transfer

Balance transfer rate 0% p.a. for 12 months

Balance transfer revert rate 21.74% p.a.

Balance transfer from personal loan N/A

Balance transfer fee 3% one off

Balance transfer limit 90% of approved credit limit

Brands you can't balance transfer from NAB

Credit limits

Minimum credit limit $6,000

Maximum credit limit $30,000

Fees & repayments

Annual fee $250 p.a.

Additional cardholder fee $0 p.a.

Foreign transaction fee 3%

Minimum repayment 2% or $25 whichever is greater

Annual fee the first year $150

Cash advance fee 3% or $3.00 whichever is greater

Late payment fee $15

Rewards and points

Rewards program

Rewards Program Qantas Frequent Flyer Qantas Frequent Flyer

Bonus points 70,000 points

Annual points cap 72,000

Bonus points spend criteria Spend $2,000 in first 60 days

Earning points with this card

Qantas Rewards points 0.67 points per $1 spent

Points cap per month Capped at $3000, then 1 point per $3 spent capped at $6,000

Overseas earn rate same as standard earn rate

Additional features

Complimentary insurance

International Travel Insurance Yes - up to 3 months

Flight Inconvenience Insurance Yes

Transit Accident Insurance No

Smartphone Screen Insurance No

Purchase Protection Insurance Yes

Extended Warranty Insurance Yes

Rental Vehicle Excess In Australia Insurance Yes

Extras

Free Qantas Frequent Flyer membership (save $99.50)

Enabled for Apple Pay, Google Pay, Fitbit Pay, Garmin Pay and Samsung Pay

Overview

NAB Qantas Rewards Premium Credit Card

Using the card to purchase selected Qantas products and services will earn additional bonus points. Points can be redeemed for a range of flights, accommodation and entertainment, and as a cardholder, you will even get free membership to the Qantas Frequent Flyer program with a saving of $99.50. Cardholders also benefit from a wide range of complimentary insurances, including international travel insurance, purchase protection insurance and extended warranty insurance.

Key features

  • Earn 70,000 bonus Qantas Points on a new NAB Qantas Rewards Premium Card when you spend $2,000 on everyday purchases within the first 60 days of opening the account
  • Enjoy a reduced annual fee of $150 for the first year; $250 thereafter.
  • Earn 1 Qantas Points per $1.50 spent up to $3,000. Then earn 1 Qantas Point per $3 from $3,001 - $6,000
  • Points earning capped at $6,000 per statement period.
  • 0% p.a. on balance transfers for 12 months. One off 3% balance transfer fee. BT reverts to variable cash advance rate
  • Up to 44 interest-free days on purchases
  • Additional cardholder at no extra cost
  • 24/7 Concierge service
  • 5 types of complimentary insurances including International Travel insurance (COVID-19 coverage included effective 30 June 2022, T&Cs apply)
  • Complimentary Qantas Flyer program membership
  • Tap and pay your way. Enabled for Apple Pay, Google Pay, Fitbit Pay, Garmin Pay and Samsung Pay

Minimum criteria to apply for this card

  • Be over 18 years old

  • Good Credit and have not applied for multiple credit cards recently

  • Australian or New Zealand citizen; Australian Permanent Resident or non-resident holding an acceptable Temporary Residency Visa

  • You have your personal details ready to complete the online application

Pauline

Pauline is a personal finance expert at CreditCard.com.au, with 8 years in money, budgeting and property reporting under her belt. Pauline is passionate about seeing Aussies win by making their money – and their credit cards – work smarter, harder and bigger

Recently Asked Questions

Something you need to know about this card? Ask our credit card expert a question.

20 questions (showing the latest 10 Q&As)

bryceey@bigpond.com

[email protected]

4 March 2023
Hi we have a QANTAS PREMIER PLATINUM MASTERCARD( Qantas Money) (issued by NAB). Does this qualify for free travel insurance?
James Flynn

James Flynn

16 February 2023
What do I need to accomplish to win this approval?
    Pauline - CreditCard.com.au

    Pauline

    17 February 2023
    Hi James, credit card applications can be unpredictable however, it helps to plan before applying to increase your chances of getting approved. Credit card issuers will consider your credit score as an indicator of your creditworthiness so it's important that you know your credit standing. Also, make sure that you meet all the eligibility requirements and have the necessary documents and information ready such as your employment history, proof of income, and financial details (assets, debts, expenses, etc.) before you start your application. You can contact NAB directly at 13 22 65 for further assistance with your application. All the best with your application!
Kacey Noy

Kacey Noy

6 January 2023
Are there any complimentary Qantas Lounge passes included with this card?
    Pauline - CreditCard.com.au

    Pauline

    10 January 2023
    Hi Kacey, it does not indicate anywhere in the NAB Qantas Rewards Platinum card’s terms that a complimentary Qantas Lounge access is included. You can check out some of the LoungeKey credit cards or Priority Pass access for your options.
Alan

Alan

16 August 2022
Hi, I have a NAB Qantas Platinum visa card. Does this cover me for travel insurance when visiting the USA and cruising?
    Pauline - CreditCard.com.au

    Pauline

    18 August 2022
    Hi Alan, I see that international travel insurance is included in the NAB Qantas Premium card. For specifics relating to your trip, you can check the official NAB complimentary credit card insurance page for more information. Have a great trip!
janita

janita

23 April 2022
with NAB Qantas platinum card i cant find updated covid travel information for this card
    Pauline - CreditCard.com.au

    Pauline

    2 May 2022
    Hi Janita, the response for every insurance underwriter varies when it comes to Covid-19 situation.There are some exclusions on the official NAB Travel Insurance FAQs but you should directly check with NAB or Allianz on your specific requirements.
Bill

Bill

22 May 2020
What is the cash withdraw limit on this card
    Roland B Bleyer - CreditCard.com.au Founder

    Roland

    25 May 2020
    Hi Bill, you can withdraw up to your credit limit. You can go into a branch and withdraw over the counter with proper ID.
Min

Min

26 June 2019
What do my earnings have to be to get the NAB Qantas Rewards Premium Credit Card
    Roland B Bleyer - CreditCard.com.au Founder

    Roland

    27 June 2019
    Hi Min, NAB do not provide any minimum income guidance. I would say for this card, you should earn at least 35k to apply.
Kristina Sekine

Kristina Sekine

26 October 2018
I need a Membership number Award Card . how can I get that red colour AWARD card. Qantas Visa card. Thank you for your help. kristina
    Roland B Bleyer - CreditCard.com.au Founder

    Roland

    29 October 2018
    Hi Kristina, are you looking for your standard Qantas Frequent Flyer Red Card that comes with your Qantas membership? If yes then call Qantas Frequent Flyer Support on 1800 227 4220. If you are looking for a new Qantas credit card let me know and I can provide some suggestions.
Estelle

Estelle

1 May 2018
I currently hold a NAB Qantas Platinum One card .....but I cannot find that type of card on the list.....is my card outdated?
    Roland B Bleyer - CreditCard.com.au Founder

    Roland

    2 May 2018
    Hi Estelle, they must have replaced your card at some time with another. NAB have rebranded their reward cards a number of times of over the past few years. To compare, you will need to review the rates and fees for your current card. They may be different but generally should fit in with one of the current NAB Qantas credit cards. Let me know if you require any further assistance. Bottom line I think its a good time to review your credit card and see if you are getting the best deal.
Sonia hill

Sonia hill

16 April 2018
Do you loose qantas points when I transfer my credit card cash spent to qantas points?
    Roland B Bleyer - CreditCard.com.au Founder

    Roland

    18 April 2018
    Hi Sonia, if you are talking about cash advance. If you pull cash out of your card then you do not earn Qantas points. Once Qantas points are placed in your Qantas frequent flyer account. You cannot lose them as long as the account is active over an 18 month period.
Joy McCurrach

Joy McCurrach

10 November 2017
I have lost my frequent flyer card (as has my husband, Kenneth McCurrach) How do I obtain a replacement?
    Roland B Bleyer - CreditCard.com.au Founder

    Roland

    13 November 2017
    Hi Joy, To request a replacement Frequent Flyer Card, call the Frequent Flyer Service Centre and speak to a Qantas consultants. Please ensure you have your membership number available when calling. Before calling, ensure your address details are correct by visiting Your Profile. 1300 305 747
Ash

Ash

13 November 2016
Does it allow for an additional card holder so another set of cards? If so, at what cost?
    Roland B Bleyer - CreditCard.com.au Founder

    Roland

    14 November 2016
    Hi Ash, you can have an another card holder with $0 annual fee on this product. Though I believe you are limited to just 1 additional card.
alan higgins

alan higgins

13 June 2016
complementary travel insurance . what is the minimum amount required to be paid for by the card for any one trip
    Roland B Bleyer - CreditCard.com.au Founder

    Roland

    14 June 2016
    Hi Alan, you need to make a minimum of $500 in purchases. You (or the accompanying NAB Cardholder) had purchased on a NAB card a minimum of $500* (inclusive of taxes and other charges) of pre-booked transport costs (airfares and/or cruise) and/or land content (tours, hire cars or other hired transport and accommodation) prior to the commencement of the trip. The purchase must be debited to a NAB Card prior to your departure from Australia.
Janis

Janis

30 November 2015
I currently have an ANZ Visa Qantas Frequent Flyer card, however, the FF points are now capped at 1,000 every monthly statement period. As I use this card for all sorts of purchases and pay it off every month in full, I wan a better return on FF points. Average monthly spend would be approx. $7K. Would this card be a good replacement?
    Roland B Bleyer - CreditCard.com.au Founder

    Roland

    1 December 2015
    Hi Janis - with the bonus points, 1.5 Qantas points on the AMEX version and high points cap per statement period, this is a good offer. 1.5 Qantas points is the highest earn rate possible on standard purchases. Therefore if you can use the AMEX in most cases, this is a real winner. The insurance offering is also comprehensive. Best of luck with your application.
Jan Segal

Jan Segal

27 August 2015
I have a Westpac Black earth card now but they are stopping this card. We are retired but have money in UBank. We hav had this card now for 20 years and have paid back in time every month. We have a limit of $34500 on the card. Is it possible to get the platinum qantas card the same as what we have already. We travel overseas for 6 months every year and we put all the travel costs on that card. We return to Australia on 1 November 2015 and would like to organise to close the Westpac and open the Nab Qantas Platimun card. Thanks Jan Also looking for six months free travel insurance.
    Roland B Bleyer - CreditCard.com.au Founder

    Roland

    28 August 2015
    Hi Jan - Not sure if you want to give Westpac the flick but the replacement card is the Black Altitude. With all your history with the bank, I am sure you could talk to them about moving over. It's still a great card and you can opt-in to the Qantas points earn @ 1.5 if you use the AMEX version. It comes with 2 cards and other good features. Even if you are not generating the min income required customer service should be able to move you over. If you go down that path let me know the outcome. I have a few contacts their that could assist if required. It doesnt include the 6 months travel insurance as well. On the NAB Qantas, its a lower earn rate on the Visa at .5 per dollar but that might not be a worry. It lacks some of the bonus features of the black but has the reduced $250 annual fee for the troubles. Best luck with your application whichever way you go. ANZ have a great deal on at the moment with 75,000 bonus points on their Black Frequent Flyer card which has some great features as well and may also be of interest.
Russell

Russell

3 July 2015
I am self employed. How does the bank calculate annual income?
    Roland B Bleyer - CreditCard.com.au Founder

    Roland

    5 July 2015
    Hi Russell - typically based on your tax returns that you file and state you income to the ATO. There may be additional income to this such as directors fees and other payments, though these should really be disclosed in your tax return also.
Denis

Denis

29 April 2015
Hi Roland, My current card is attached to mortgage deal with my bank. Will I be able to transfer its balance to a transfer deal card from it? If so then will my orginal cc have to be closed? Thanks, Denis
    Roland B Bleyer - CreditCard.com.au Founder

    Roland

    29 April 2015
    Hi Denis - My wife received a card with her mortgage basically that had no annual fee for life as part of the mortgage. They just want to get you to use more of their products ;) Yes you are able to balance transfer the debt as long as its from a different bank aka Commbank to NAB (subject to credit approval). No you will not have to close the original card, this is a manual process. Even if the balance transfer pays off the card in full its just like the other bank makes a payment on your behalf just as you could to pay the card down. Best of luck with your application.
Barry

Barry

24 March 2015
Where do I register my new qantas points card
    Roland B Bleyer - CreditCard.com.au Founder

    Roland

    24 March 2015
    To earn Qantas Points using your NAB Qantas Rewards Premium Card, you must be a member of the Qantas Frequent Flyer program and have provided your valid membership number to NAB in the online application form. Give NAB customer a call to register your QFF membership number if you have the card and have not provided it. If you are not already a Qantas Frequent Flyer member, NAB has arranged for the joining fee to be waived if you apply and receive a NAB Qantas Rewards Premium Card and join through qantas.com.au/joinffnab. As for the bonus points, NAB is not clear on when they will be credited to your QFF account. The conditions are to make your first eligible purchase within 90 days - e.g. any shopping. I assume that the 20,000 bonus points would be then credited between 90-180 days. If you are calling NAB to provide your QFF number then I would confirm with them an approximate time of when the bonus points will hit your account also.
Jim W

Jim W

10 November 2013
Will I earn at least one FF point with each dollar spent, including govt utilities and payments to the ATO?
    Roland B Bleyer - CreditCard.com.au Founder

    Roland

    11 November 2013
    Unfortunately ATO and government payments do not earn FF points in Australia, though some AMEX cards may allow this.
Kristie

Kristie

19 March 2013
will i earn frequent flyer points with a balance transfer/
    Roland B Bleyer - CreditCard.com.au Founder

    Roland

    19 March 2013
    Hi Kristie, balance transfers do not earn points with this card. In general they are excluded because they are usually considered a cash advance, so for any credit card it is likely to be the same. You should always check terms and conditions of the card and rewards program you are interested in though, in case there is an exception.

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