Point Hacks Credit Card Guide

100,000 Qantas Points with NAB Qantas Business Signature Visa

NAB Qantas Business Signature Visa - 100,000 Qantas Points

There’s 100,000 bonus Qantas Points on offer with the NAB Qantas Business Signature Visa, and earn 1 Qantas Point per $1.50 spend on everyday business purchases up to $50,000 per card per statement period.

  • 100,000 bonus Qantas Points after $5,000 minimum spend within 60 days of account opening
  • 1 Qantas Point earned per $1.50 spend on everyday business purchases, capped at $50,000 per card per statement period
  • Access to NAB commercial cards unauthorized transaction insurance (PDS) and transport accident insurance (PDS)
  • Annual card fee: $295 p.a.
  • $5,000 spend within 60 days of account opening required to trigger bonus points
  • Offer unavailable to existing NAB cardholders, if closing/transferring from another NAB business credit card account or those who currently hold or have closed a NAB business credit card within the previous twelve months.
  • Offer ends: 7 October 2018

Find out more or apply →

Point Hacks receive a range of commissions for applicants of NAB credit cards. More about this →

NAB is offering 100,000 Qantas Points for new cardholders of the NAB Qantas Business Visa until 7 October.

The NAB Qantas Business Visa is the sister card to the consumer NAB Qantas Signature Visa Card, with a lower annual fee and lower earn rate but higher monthly points cap that’s more suitable for small business.

The bonus points are available to those who spend at least $5,000 within the first two months from approval.

How you could use the bonus points from this card

All redemption figures shown are examples only and exclude accompanying taxes and fees. Points redemption price data is provided by a third-party, so inaccuracies may be present. Please check with the airline directly for a complete and accurate total redemption cost.

Digging into the details of the NAB Qantas Business Signature Visa

The card has many business-friendly features that differentiate it from the personal variant of the card.

It earns directly into Qantas Frequent Flyer at a rate of 1 Qantas Point per $1.50 spend on everyday business expenses, excluding spend with government bodies. The card features the ability for the account holder to determine which cardholder is credited with the points.

While the earn rate is lower than the personal variant of the card, the points cap is significantly higher, with cardholders able to spend up to $50,000 per card per statement period, which will be beneficial to many businesses with high spending potential.

Being designed for small businesses, the card comes with features that allow for the business to have full control of their spending. These features include:

  • Different credit limits being set for multiple cards under a single facility
  • Detailed monthly statements being issued per cardholder in addition to one overall summary

The card also comes with a personalised global concierge service, which aims to provide on-demand personalised assistance for such things as restaurant bookings, accessing hard-to-get tickets, or even hiring a private yacht.

Card Details

CardNAB Qantas Business Signature Visa
Loyalty ProgramQantas Frequent Flyer
Points earned from spend1 Qantas Point per $1.50
Points Cap$50,000 per card per statement period
Earns points at ATONo
Insurance includedAccess to NAB commercial cards unauthorized transaction insurance and transport accident insurance
Overseas transaction fee3% of the converted amount
Minimum Credit Limit$5,000
Annual fee$295

Travel & Purchases Insurance

The NAB Qantas Business Signature Visa also offers the following complimentary insurances:

  • NAB Commercial Cards Unauthorised Transaction Insurance
  • NAB Commercial Cards Transport Accident Insurance

Unauthorised transaction insurance covers transactions that were not authorised by the business and made by cardholders, up to $20,000 per cardholder and up to $150,000 per year. Company Directors and their immediate family members are excluded.

Transport accident insurance covers cardholders for loss of life or injuries incurred while ‘riding as a passenger on a conveyance during an authorised business trip’. The costs of the ‘conveyance’ must have been paid on the business credit card before the commencement of travel. Some examples when this cover is activated include being a fare-paying passenger, boarding or disembarking a licensed plane, tourist bus, train or ferry, or if you are travelling to or from an ‘international or overseas departure port’ or if you are riding in a licensed taxi, bus or hire vehicle.

It appears that this policy is designed to ensure some travel insurance coverage for employees (as cardholders) requiring light ground or air transport coverage. There is no delay, baggage or other travel insurance coverage though, this is purely for accident or death during transport—hence the name of the policy.

A copy of the PDS for each policy is found below to assist you in determining whether these insurances are suitable for your business needs.

They can be found here:

This guide references some of the benefits of insurance policies provided with this card.

You should read the PDS and obtain independent professional advice before obtaining this product.

Access to Visa Premium

This card has access to Visa Premium benefits, which cover a range of categories including Lifestyle, Entertainment and Travel.

A summary of the benefits include:

  • Save on car rental, including fee waivers
  • Access to accommodation booking services and hand-picked hotels.
  • Special offers on VIP airport lounge access and travel assistance programs.
  • Exclusive discounts and complimentary gift items at duty-free retailers and shopping centres.

The value of these benefits is highly subjective and depends if and where you can use them.

Key eligibility requirements for the NAB Qantas Business Signature

In order to apply for the NAB Qantas Business Signature card, your business must meet the following criteria:

  • Has a turnover of at least $100,000 per year
  • Operate a trading ABN or ACN
  • Have at least 12 months of business financial data

NAB make the process of applying simple by allowing the business to upload their financial data from any accounting package software, including Xero and MYOB.

Summing up

This is one of the more appealing cards for small businesses looking to earn a competitive Qantas earn rate for a relatively low annual fee. It comes with a high earn cap and features that allow the main cardholder to easily control the level of spend within the card facility. Participation in the Visa Premium program is also a nice feature of the card.

A downside of the card is that the complimentary insurances appear to be quite limited in what they cover, and it is likely that many small businesses will need to seek additional insurance to augment the coverage provided by this card.

All in all though, a strong card worthy of consideration for small businesses that can make good use of Qantas Points.

100,000 Qantas Points with NAB Qantas Business Signature Visa was last modified: August 31st, 2018 by Keith

Jump back up to offer ↑

Point Hacks Credit Card Information

Point Hacks is published by Point Hacks Australia Pty Ltd (ACN 622 987 160), a corporate authorised credit representative (Number: 504786) of MSC Advisory Pty Ltd ACN 607 459 441 (Australian Credit License: 480649). In some instances, Point Hacks Australia Pty Ltd receives a commission or benefit for referring you to the services of a credit provider. This commission or benefit is disclosed at the point of referral to the credit provider. This website does not provide credit, assist you in obtaining credit, or advise you to apply for any particular product from a provider.

We have not taken into consideration your personal circumstances or financial situation when providing the information on this website. It is important you read the relevant PDS from the product issuer and seek the independent advice of an appropriately qualified professional before making a decision on a product.

While we invest a great deal of time and energy into ensuring we provide with you with the most up to date and accurate information, we do not warrant the accuracy of statements or information contained on the Website relating to third party goods and services, including credit card information, loyalty schemes and rewards. You acknowledge that such information and materials may contain inaccuracies or errors and we expressly exclude liability arising from any person acting on those statements or information to the fullest extent permitted by law. Where conditions or warranties are implied by law and cannot be excluded, our liability will be limited to the re-supply of information. You should confirm the accuracy of information provided on this Website with the third party product provider before acting on it.

Comments Expand Comments

  1. Laurent

    Does that mean if I have an existing ‘personal’ credit card I am not eligible for the bonus if I apply for the ‘business’ card?

  2. Harry L

    How does this compare to ANZ Black business card on an earnings rate for Qantas? (Leaving aside ANZ Black has other airline schemes as partners).

    • Given that the ANZ Business Black earns 1.5 Rewards Points per $1 spent on eligible purchases up to and including $10,000 per statement period and 1 Rewards Point after that, and that 1 ANZ Rewards Point = 0.5 Qantas Points, you would be earning 0.75/0.5 Qantas Points per $ spent on the ANZ card.

Leave a Reply