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points over 12 months Calculate your savings icon

Earn rate per $1

0.5 points
16.77% Complete (success)
Qantas Frequent Flyer

Bonus points

N/A
% Complete (success)

Annual fee

$95
p.a.
95% Complete (success)

Pros

Earn 0.5 Qantas frequent flyer points per $1 spent

Complimentary Qantas frequent flyer membership

Free additional card holder

0% p.a. on balance transfers for 6 months

Cons

Points capped at $3,000 spend per statement period

2% balance transfer fee applies

NAB Qantas Rewards Credit Card

Entry-level Qantas rewards card, the NAB Qantas Rewards card, offers 0% p.a. on balance transfers for 6 months on a new NAB Qantas Rewards Card. One off 2% BT fee applies. Balance transfer reverts to cash advance rate. Minimum monthly repayments are required. If you want to earn Qantas Frequent Flyer points you earn 0.5 Qantas points per $1 spent, capped at $3,000 per month. You can also enjoy complimentary Qantas Frequent Flyer membership, saving you $99.50. Further cardholder benefits include a low annual fee, one free additional cardholder, purchase protection insurance, 24/7 emergency assistance, secure online shopping, and online fraud protection.

Key features

  • Earn 0.5 Qantas frequent flyer points per $1 spent
  • Points capped at $3,000 spend per statement period
  • Complimentary Qantas frequent flyer membership
  • Free additional card holder
  • 0% p.a. on balance transfers for 6 months. 2% fee applies. Reverts to cash advance rate.
100% of customers who have rated this card would recommend it
  • Rates
    68%
  • Fees
    80%
  • Rewards
    82%
  • Customer Service
    85%
  • Value
    55%
Overall user rating 79%
4 reviews

70% Kate Parkinson

If you are just getting into rewards on credit cards I found this is a good starting off point. You get free membership to the Qantas rewards program and you get to earn Qantas points. Take care with the interest as it’s kind of high.

Recommends this card

Interest Rates
Purchase rate 19.99% p.a.
Cash advance rate 21.74% p.a.
Interest free on purchases up to 44 days
Balance Transfer
Balance transfer rate 0% p.a. for 6 months
Balance transfer fee 2% one off
Balance transfer revert rate 21.74% p.a.
Balance transfer limit 90% of your approved new credit limit
Balance transfer from personal loan No
Banks you can't balance transfer from NAB
Credit limits
Minimum credit limit $500
Maximum credit limit $55,000
Fees & repayments
Annual fee $95 p.a.
Additional cardholder fee $0 p.a.
Cash advance fee 2%
Foreign transaction fee 3%
Late payment fee $15
Credit card type Visa
Rewards program
Rewards program Qantas Frequent Flyer Qantas Frequent Flyer
Annual points cap 36,000
Bonus points spend criteria N/A
Earning points with this card
Qantas points 0.5 points per $1 spent
Overseas earn rate same as standard earn rate
Points cap per month N/A
Complimentary insurance
Flight inconvenience insurance No
Transport accident cover No
Smartphone screen insurance No
Purchase protection insurance Yes
Extended warranty insurance No
Rental vehicle excess cover No
Extras
Complimentary Qantas Frequent Flyer membership (save $99.50)

The NAB Qantas Rewards Credit Card

A great little everyday earner, the NAB Qantas Rewards Credit Card lets you earn Qantas Points as you shop, with complimentary Qantas Frequent Flyer membership thrown in as well. On top of that, you can enjoy 0% p.a. on balance transfers for six months, complimentary purchase protection insurance, access to Visa Entertainment, and a relatively low annual fee.

What we love...

For the most part, when talking about the bits we love most about a credit card, we look at introductory offers first. With the NAB Qantas Rewards Credit Card, that means its balance transfer offer. As a new cardholder, you can pay down existing credit card debt faster, by making the most of the 0% p.a. on balance transfers for six months.

But of course, the NAB Qantas Rewards Credit Card is much more than a balance transfer offer. It is a rewards card, first and foremost. With this card in your hand, you can earn 0.5 Qantas Points per $1 spent on everyday purchases, which can then be redeemed within the Qantas Frequent Flyer program on flights and travel, or in the Qantas Store.

If you’re not a Qantas Frequent Flyer member already, the NAB Qantas Rewards Credit Card will provide you with membership, free of charge, saving you $99.50. It is worth pointing out though, that when using the card, the points you earn will be capped, so you will only earn points on the first $3,000 you spend on the card each statement period.

With that in mind, let’s talk about the card’s annual fee next. To work out whether an annual fee is reasonable, you need to consider the value it provides. If you spend up to the $3,000 cap each month on your card, you could earn a maximum of 18,000 Qantas Points in a year. To put that into perspective, you could fly from Sydney to Alice Springs, to Nadi, or to Auckland for 18,000 Qantas Points.

Alternatively, you could opt for a little retail therapy. In terms of gift cards, you can expect to redeem 19,650 Qantas Points for a $100 Woolworths gift card, 21,970 Qantas Points for a $100 Westfield gift card, or 16,530 Qantas Points for a $100 David Jones gift card. (Points correct as of 25 June 2018)

What’s not so great...

Now it’s time to look a little closer at that balance transfer offer. To take advantage of the offer, you will pay a 2% balance transfer fee, calculated as a percentage of the total transferred balance. Any transferred balance left unpaid after six months will revert to the card’s cash advance rate, which is certainly not low.

In general, the NAB Qantas Rewards Credit Card has a relatively high rate of interest on both purchases and cash advances. But, you can avoid interest accruing by clearing any transferred balance within six months, by avoiding cash advances, and by clearing the balance month-to-month, each statement period.

It’s also worth pointing out that not all cardholders will be happy with a $3,000 monthly spending cap on points-earning, or the card’s earn rate. Again, you need to weigh up what the card has to offer for the amount you pay out in fees, to work out whether it offers value to you.

Why should you choose this card?

If you’re looking for an everyday rewards card that lets you earn Qantas Points on your purchases, the NAB Qantas Rewards Credit Card could be the perfect choice. You will pay an affordable annual fee, and you could earn points faster by adding an additional cardholder at no extra cost.

You can also benefit from access to special offers on shows, events, experiences and movies with Visa Entertainment, while taking advantage of complimentary purchase protection insurance, offering cover on new personal items bought on your card, if they are lost, stolen or accidentally damaged within 90 days of the date of purchase.

Overall Rating

An everyday earner, the NAB Qantas Rewards Credit Card lets you earn Qantas Points, while benefiting from 0% p.a. on balance transfers for six months, complimentary purchase protection insurance, Qantas Frequent Flyer membership and access to Visa Entertainment.

5 questions (showing the latest 10 Q&As)

Liane Jensen

Liane Jensen

5 November 2016
Can I do a transfer from one Nab card to another
    Roland B Bleyer - CreditCard.com.au Founder

    Roland

    7 November 2016
    Hi Liane, no, a balance transfer needs to be between 2 different banks. Therefore you would need to select a non-NAB balance transfer deal if you were looking to transfer NAB debt.
Remone Giorgi

Remone Giorgi

24 May 2016
Hi Roland I want to transfer some debt onto a 0% transfer rate card and would highly prefer 0% on purchases as well as earning Qantas points but not on Amex as I currently have one and all my big monthly purchases are not accepted with Amex so it has to be Visa/MC. Any recommendations on the best one for me? Cheers Remone
    Roland B Bleyer - CreditCard.com.au Founder

    Roland

    25 May 2016
    Hi Remone, these NAB offers are the only Qantas points deal out there that I know where you have a strong 0% on purchases and balances. What you need to decide is whether you go this offer or the NAB Qantas Premium. Bonus points are 10k v 20k, they both the same great 0% for 15 months and earns 1 points per $2 on the Visa. There are a range of extra features on the Premium that may or may not be useful.On non-0% purchase offers, HSBC Platinum Qantas and Citi Qantas Signature have higher per $1 earn rates both on Visa and some nice bonus points for sign up. Over the longer term these types of cards will earn you more but you would need to pay these off in full each month due to the high interest and no 0% offer.
Megan

Megan

23 May 2016
What's the maximum credit limit for someone who earns $45k p.a. Thank you
    Roland B Bleyer - CreditCard.com.au Founder

    Roland

    24 May 2016
    Hi Megan, your credit limit would be defined by NAB at the time of application. They take a range of factors when decided a credit limit such as income v expenses and assets v liabilities. The minimum income for this product is 40k a year, so you are close to the minimum. Bottom line is there is no way of knowing how much they will approve. You can apply, then if approved and you are not happy with the limit you can give them a call to ask for an increase or simply cancel the application. When good use, credit limit increases are usually offered over time. Best of luck with your application.
robert

robert

1 November 2014
What does it mean 20,000 Qantas points after you make your first purchase with 4.9% p.a. on transferred balances for the first 6 months? Thanks
    Roland B Bleyer - CreditCard.com.au Founder

    Roland

    17 November 2014
    Sorry for the delay in response as I have been traveling. The bonus points are awarded after your first eligible purchase is made. They can take some time before they are reflected in your Qantas account. On the balance transfer, if you can current debt with another bank you can transfer this and then you will pay 4.9% for the first 6 months. A balance transfer is only relevant if you currently have credit card debt.
Ian Comben

Ian Comben

30 January 2014
Wish to enquire about travel insurance. (cannot locate site)
    Roland B Bleyer - CreditCard.com.au Founder

    Roland

    30 January 2014
    Hi Ian, this card is one of the standard NAB Qantas cards and there is no complimentary insurance on this card. You can find more info on the benefits of complimentary travel insurance on this page: http://www.creditcard.com.au/free-travel-insurance-credit-cards/
  • Be over 18 years old
  • Good credit and not applied for multiple credit cards recently
  • Resident or citizen of Australia. Temporary residents are eligible.
  • Minimum income of $40000 p.a.
  • You have your personal details ready to complete the online application
NAB Qantas Rewards Credit Card
NAB Qantas Rewards Credit Card

NAB Credit Cards

NAB Qantas Rewards Credit Card

Updated 12 April 2019

Points Earn Rate (per $1 spent)

0.5

points

Qantas

Rewards Program

Qantas Frequent Flyer

Bonus Points

N/A

0 points over 12 months spend

My monthly card spend

Pros and cons

  • Earn 0.5 Qantas frequent flyer points per $1 spent
  • Complimentary Qantas frequent flyer membership
  • Free additional card holder
  • 0% p.a. on balance transfers for 6 months

  • Points capped at $3,000 spend per statement period
  • 2% balance transfer fee applies

Creditcard.com.au review

Editor Review

The NAB Qantas Rewards Credit Card

A great little everyday earner, the NAB Qantas Rewards Credit Card lets you earn Qantas Points as you shop, with complimentary Qantas Frequent Flyer membership thrown in as well. On top of that, you can enjoy 0% p.a. on balance transfers for six months, complimentary purchase protection insurance, access to Visa Entertainment, and a relatively low annual fee.

What we love...

For the most part, when talking about the bits we love most about a credit card, we look at introductory offers first. With the NAB Qantas Rewards Credit Card, that means its balance transfer offer. As a new cardholder, you can pay down existing credit card debt faster, by making the most of the 0% p.a. on balance transfers for six months.

But of course, the NAB Qantas Rewards Credit Card is much more than a balance transfer offer. It is a rewards card, first and foremost. With this card in your hand, you can earn 0.5 Qantas Points per $1 spent on everyday purchases, which can then be redeemed within the Qantas Frequent Flyer program on flights and travel, or in the Qantas Store.

If you’re not a Qantas Frequent Flyer member already, the NAB Qantas Rewards Credit Card will provide you with membership, free of charge, saving you $99.50. It is worth pointing out though, that when using the card, the points you earn will be capped, so you will only earn points on the first $3,000 you spend on the card each statement period.

With that in mind, let’s talk about the card’s annual fee next. To work out whether an annual fee is reasonable, you need to consider the value it provides. If you spend up to the $3,000 cap each month on your card, you could earn a maximum of 18,000 Qantas Points in a year. To put that into perspective, you could fly from Sydney to Alice Springs, to Nadi, or to Auckland for 18,000 Qantas Points.

Alternatively, you could opt for a little retail therapy. In terms of gift cards, you can expect to redeem 19,650 Qantas Points for a $100 Woolworths gift card, 21,970 Qantas Points for a $100 Westfield gift card, or 16,530 Qantas Points for a $100 David Jones gift card. (Points correct as of 25 June 2018)

What’s not so great...

Now it’s time to look a little closer at that balance transfer offer. To take advantage of the offer, you will pay a 2% balance transfer fee, calculated as a percentage of the total transferred balance. Any transferred balance left unpaid after six months will revert to the card’s cash advance rate, which is certainly not low.

In general, the NAB Qantas Rewards Credit Card has a relatively high rate of interest on both purchases and cash advances. But, you can avoid interest accruing by clearing any transferred balance within six months, by avoiding cash advances, and by clearing the balance month-to-month, each statement period.

It’s also worth pointing out that not all cardholders will be happy with a $3,000 monthly spending cap on points-earning, or the card’s earn rate. Again, you need to weigh up what the card has to offer for the amount you pay out in fees, to work out whether it offers value to you.

Why should you choose this card?

If you’re looking for an everyday rewards card that lets you earn Qantas Points on your purchases, the NAB Qantas Rewards Credit Card could be the perfect choice. You will pay an affordable annual fee, and you could earn points faster by adding an additional cardholder at no extra cost.

You can also benefit from access to special offers on shows, events, experiences and movies with Visa Entertainment, while taking advantage of complimentary purchase protection insurance, offering cover on new personal items bought on your card, if they are lost, stolen or accidentally damaged within 90 days of the date of purchase.

Overall Rating

An everyday earner, the NAB Qantas Rewards Credit Card lets you earn Qantas Points, while benefiting from 0% p.a. on balance transfers for six months, complimentary purchase protection insurance, Qantas Frequent Flyer membership and access to Visa Entertainment.

User reviews

NAB Qantas Rewards Credit Card ( based on 4 Creditcard.com.au user reviews )

79% rating based on 4 reviews

Rates
Fees
Rewards
Customer Service
Value
70%

Kate Parkinson

28 January 2013

If you are just getting into rewards on credit cards I found this is a good starting off point. You get free membership to the Qantas rewards program and you get to earn Qantas points. Take care with the interest as it’s kind of high.

Recommends this card

Rates and fees

Interest rates

Purchase rate 19.99% p.a.

Cash advance rate 21.74% p.a.

Interest free on purchases up to 44 days

Balance transfer

Balance transfer rate 0% p.a. for 6 months

Balance transfer revert rate 21.74% p.a.

Balance transfer from personal loan No

Balance transfer fee 2% one off

Balance transfer limit 90% of approved credit limit

Banks you can't balance transfer from NAB

Credit limits

Minimum credit limt $500

Maximum credit limit $55,000

Fees & repayments

Annual fee $95 p.a.

Additional card holder fee $0 p.a.

Foreign transaction fee 3%

Minimum repayment

Cash advance fee 2%

Late payment fee $15

Rewards and points

Rewards program

Rewards Program Qantas Frequent Flyer Qantas Frequent Flyer

Bonus points N/A

Annual points cap 36,000

Bonus points spend criteria N/A

Earning points with this card

Qantas pointsQantas points 0.5 points per $1 spent

Points cap per month N/A

Overseas earn rateOverseas earn rate same as standard earn rate

Additional features

Complimentary insurance

Overseas travel insurance No

Flight inconvenience insurance No

Transport accident cover No

Smartphone screen insurance No

Purchase protection insurance Yes

Extended warranty insurance No

Rental vehicle excess cover No

Extras

Complimentary Qantas Frequent Flyer membership (save $99.50)

Overview

NAB Qantas Rewards Credit Card

Entry-level Qantas rewards card, the NAB Qantas Rewards card, offers 0% p.a. on balance transfers for 6 months on a new NAB Qantas Rewards Card. One off 2% BT fee applies. Balance transfer reverts to cash advance rate. Minimum monthly repayments are required. If you want to earn Qantas Frequent Flyer points you earn 0.5 Qantas points per $1 spent, capped at $3,000 per month. You can also enjoy complimentary Qantas Frequent Flyer membership, saving you $99.50. Further cardholder benefits include a low annual fee, one free additional cardholder, purchase protection insurance, 24/7 emergency assistance, secure online shopping, and online fraud protection.

Key features

  • Earn 0.5 Qantas frequent flyer points per $1 spent
  • Points capped at $3,000 spend per statement period
  • Complimentary Qantas frequent flyer membership
  • Free additional card holder
  • 0% p.a. on balance transfers for 6 months. 2% fee applies. Reverts to cash advance rate.

Minimum criteria to apply for this card

  • Be over 18 years old

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

  • Resident or citizen of Australia. Temporary residents are eligible.

  • Minimum income of $40000 p.a.

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

Roland B Bleyer

Roland B Bleyer founded creditcard.com.au in 2005 and has extensive knowledge about credit cards. He personally answers all questions and write the editor reviews for each card here. Always keen to share his passion to educate consumers and help you select better suited credit cards.

Recently Asked Questions

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

5 questions (showing the latest 10 Q&As)

Liane Jensen

Liane Jensen

5 November 2016
Can I do a transfer from one Nab card to another
    Roland B Bleyer - CreditCard.com.au Founder

    Roland

    7 November 2016
    Hi Liane, no, a balance transfer needs to be between 2 different banks. Therefore you would need to select a non-NAB balance transfer deal if you were looking to transfer NAB debt.
Remone Giorgi

Remone Giorgi

24 May 2016
Hi Roland I want to transfer some debt onto a 0% transfer rate card and would highly prefer 0% on purchases as well as earning Qantas points but not on Amex as I currently have one and all my big monthly purchases are not accepted with Amex so it has to be Visa/MC. Any recommendations on the best one for me? Cheers Remone
    Roland B Bleyer - CreditCard.com.au Founder

    Roland

    25 May 2016
    Hi Remone, these NAB offers are the only Qantas points deal out there that I know where you have a strong 0% on purchases and balances. What you need to decide is whether you go this offer or the NAB Qantas Premium. Bonus points are 10k v 20k, they both the same great 0% for 15 months and earns 1 points per $2 on the Visa. There are a range of extra features on the Premium that may or may not be useful.On non-0% purchase offers, HSBC Platinum Qantas and Citi Qantas Signature have higher per $1 earn rates both on Visa and some nice bonus points for sign up. Over the longer term these types of cards will earn you more but you would need to pay these off in full each month due to the high interest and no 0% offer.
Megan

Megan

23 May 2016
What's the maximum credit limit for someone who earns $45k p.a. Thank you
    Roland B Bleyer - CreditCard.com.au Founder

    Roland

    24 May 2016
    Hi Megan, your credit limit would be defined by NAB at the time of application. They take a range of factors when decided a credit limit such as income v expenses and assets v liabilities. The minimum income for this product is 40k a year, so you are close to the minimum. Bottom line is there is no way of knowing how much they will approve. You can apply, then if approved and you are not happy with the limit you can give them a call to ask for an increase or simply cancel the application. When good use, credit limit increases are usually offered over time. Best of luck with your application.
robert

robert

1 November 2014
What does it mean 20,000 Qantas points after you make your first purchase with 4.9% p.a. on transferred balances for the first 6 months? Thanks
    Roland B Bleyer - CreditCard.com.au Founder

    Roland

    17 November 2014
    Sorry for the delay in response as I have been traveling. The bonus points are awarded after your first eligible purchase is made. They can take some time before they are reflected in your Qantas account. On the balance transfer, if you can current debt with another bank you can transfer this and then you will pay 4.9% for the first 6 months. A balance transfer is only relevant if you currently have credit card debt.
Ian Comben

Ian Comben

30 January 2014
Wish to enquire about travel insurance. (cannot locate site)
    Roland B Bleyer - CreditCard.com.au Founder

    Roland

    30 January 2014
    Hi Ian, this card is one of the standard NAB Qantas cards and there is no complimentary insurance on this card. You can find more info on the benefits of complimentary travel insurance on this page: http://www.creditcard.com.au/free-travel-insurance-credit-cards/

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