Point Hacks Credit Card Guide

90,000 Qantas Point bonus now on offer with the NAB Qantas Rewards Signature Visa

NAB Qantas Rewards Signature Visa - 90,000 Qantas Points

NAB are offering 90,000 bonus Qantas Points with the NAB Qantas Rewards Signature Visa, earning 1 Qantas Point per $ spent up to $5,000 per statement period, and 0.5 Qantas Points per $ thereafter, up to $20,000.

  • 90,000 bonus Qantas Points after $4,000 minimum spend within 60 days of account opening
  • 1 Qantas Point earned per $ spent up to $5,000, then 0.5 points per $ thereafter, capped at $20,000 per statement period
  • 2 Qantas Points earned per $ spent on selected Qantas products and services
  • 7 complementary Insurances including overseas travel insurance when you meet eligibility criteria (PDS)
  • $395 p.a. annual fee
  • Offer expires: 12th November 2017
  • $4,000 spend within 60 days of account opening required to trigger bonus points
  • Offer unavailable if closing/transferring from another NAB credit card account

Find out more or apply →

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

NAB has 90,000 Qantas Point bonus running for the NAB Qantas Rewards Signature Visa, amongst its trio of Qantas Frequent Flyer linked credit cards.

The Qantas Rewards Signature Visa is offering 90,000 bonus Qantas Points for new applicants and comes with a $395 annual fee; the NAB Qantas Rewards Premium card has 25,000 bonus Qantas Points. Both offers come with minimum spend requirements to trigger the bonus, with Signature at $4,000 and Premium at $2,500, both within 60 days of opening the account.

NAB launched the Qantas Rewards Signature earlier in 2017 as a Visa-only option (unlike the rest of their Qantas card range which include a companion American Express – due to change to Visa-only by 13 November, read more below). It earns 1 Qantas Point per $ up to $5,000 spent per statement period, and 0.5 Qantas Points per $ from $5,001 to $20,000, positioning it above the existing NAB Qantas Premium card which has a $5,000 per statement period points cap.

The points cap is disappointing given the annual fee, but some people are likely to be able to make the card work for them if they are in the hunt for a high Qantas Point earn rate.

The NAB Qantas Rewards Premium joint American Express and Visa account has a $250 annual fee and offers 1 Qantas Point per $ earn rate on the American Express, and 0.5 Qantas Points per $ on the Visa.

This guide also covers the NAB Qantas account, a sub-$100 annual fee Amex and Visa combo aimed at lighter spenders.


Changes to the NAB Qantas Premium and Classic credit cards from November 13th

NAB announced in October 2017 that they will be removing the American Express companion accounts on all their frequent flyer rewards cards including the Qantas Premium and Classic accounts effective 13th November 2017.

This comes after the changes NAB announced earlier this year that took effect on July 1st, which we outlined in more detail here. This also means that starting mid-November, NAB will be offering Visa only accounts on all their rewards cards, with slightly higher earn rates but reduced points cap on both the Premium and Classic accounts.

In summary, NAB will be:

  1. Removing the companion American Express from all accounts effective 13th November 2017
  2. Increasing earn rates on their Qantas and Velocity Rewards cards range (except NAB Qantas Rewards Signature), up to a points cap ($3,000/month)
  3. Lowering the initial points cap for both Qantas and Velocity Premium cards ($3,000 from $5,000 per statement period), but slightly increased the hard cap to $6,000 per statement period
  4. Existing cardholders will be able to use their American Express accounts until 20th February 2018

We have updated this guide to reflect details of the upcoming changes and will further update this as soon as they come into effect.


Digging into the details of NAB’s Qantas Frequent Flyer Credit Cards

The NAB Qantas card range has the Signature, Premium and a standard Classic account, with the Signature Visa at $395 annual fee, Premium with an annual fee of $250, and Classic at $95.

The key differences between Signature and Premium are fairly straightforward – the Premium card is handy for a decent 1 Qantas Point per dollar earn rate on the American Express with a lower annual fee, but has a points cap of $5,000 per statement period, whereas the Signature Visa offers a 1 Qantas Point per $ earn rate across all spend, reducing to 0.5 Qantas Points per $ over $5,001 per statement period (up to $20,000).

You’ll get access to a range of insurances with both the Signature and Premium cards, which may or may not be of use – one to look into with your own specific circumstances in mind. The insurances included are below, with the full PDS for them here.

  • Overseas Travel Insurance
  • Price Protection Insurance
  • Interstate Flight Insurance
  • Transport Accident Insurance
  • Domestic Hotel Burglary Insurance

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.

NAB Qantas Rewards Signature Visa - 90,000 Qantas Points

NAB are offering 90,000 bonus Qantas Points with the NAB Qantas Rewards Signature Visa, earning 1 Qantas Point per $ spent up to $5,000 per statement period, and 0.5 Qantas Points per $ thereafter, up to $20,000.

  • 90,000 bonus Qantas Points after $4,000 minimum spend within 60 days of account opening
  • 1 Qantas Point earned per $ spent up to $5,000, then 0.5 points per $ thereafter, capped at $20,000 per statement period
  • 2 Qantas Points earned per $ spent on selected Qantas products and services
  • 7 complementary Insurances including overseas travel insurance when you meet eligibility criteria (PDS)
  • $395 p.a. annual fee
  • Offer expires: 12th November 2017
  • $4,000 spend within 60 days of account opening required to trigger bonus points
  • Offer unavailable if closing/transferring from another NAB credit card account

Find out more or apply →

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

Card Details

CardNAB Qantas Signature Visa
Loyalty ProgramQantas Frequent Flyer
Points earned from spend1 Qantas Point per $ up to $5,000 then 0.5 Qantas Point per $ thereafter
Points earned with Qantas2 Qantas point per $ spent
Points Cap$20,000 per statement period
Earns points at ATONo
Insurance includedSeven complimentary insurances including overseas travel insurance and purchase protection (PDS)
Overseas transaction fee3% of the converted amount
Minimum Credit Limit$15,000
Annual fee$395

The NAB Qantas Signature Visa card is focused on maximising your points earn from Visa spend – up to $5,000 per statement period, at least. There’s also an additional bonus Qantas Point per $ spent on Qantas products and services, such as flights and Qantas Club membership.

NAB Qantas Rewards Premium American Express & Visa - 25,000 Qantas Points

NAB are offering 25,000 bonus Qantas Points with the NAB Qantas Premium American Express and Visa account, with a 1 Qantas point per $ earn rate on the Amex.

  • 25,000 bonus Qantas Points after $2,500 minimum spend within 60 days of account opening
  • 0% p.a. on balance transfers for 6 months with no BT fee
  • 1 Qantas Points earned per $ spent on the Amex, 0.5 points per $ on the Visa, capped at $5,000 per statement period
  • 7 complementary Insurances including overseas travel (PDS), concierge and other platinum card benefits
  • $250 p.a. annual fee
  • Offer expires: 25 February 2018
  • $2,500 spend within 60 days of account opening required to trigger bonus points
  • Balance Transfer must be applied for during card application
  • Offer unavailable if closing/transferring from another NAB credit card account

Find out more or apply →

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

Card Details

CardNAB Qantas Premium American Express & Visa
Loyalty programQantas Frequent Flyer
Points earned from spend1 Qantas Points per $ on the Amex (until 20th February 2018 for existing cardholders)

0.5 Qantas Points per $ on the Visa (until 12th November for existing cardholders)
Points cap until 12th November$5,000 per statement period
Visa Points earn and cap from spend (From 13th November 2017 onwards)0.66 points per $ up to $3,000 per statement period
0.33 points per $ from $3,000 to $6,000 statement period
Earns points at ATONo
Insurance includedSeven complimentary insurances including overseas travel insurance and purchase protection
Overseas transaction fee3% of the converted amount
Annual fee$250

The NAB Qantas Premium account offers 1 Qantas points per $ on spend on the Amex, and 0.5 points per $ on spend on the Visa until the mentioned changes above kicks in. It maybe worth considering if you plan to put significant spend on the Amex, just keep in mind that the points-earning cap is $5,000 per statement period on this account and will no longer be available past 20th February 2018.

NAB Qantas American Express & Visa

NAB are 0% p.a. on balance transfers for 6 months with the $95 per year NAB Qantas Frequent Flyer American Express and Visa account, which offers 0.75 Qantas Point per $ spent on the American Express.

  • 0% p.a. on balance transfers for 6 months
  • 0.75 Qantas Point earned per $ spent on the Amex, 0.5 points per $ on the Visa
  • Complementary Purchase Protection Insurance
  • $95 p.a. annual fee
  • Balance Transfer must be applied for during card application, a 2% balance transfer BT fee applies
  • Offer unavailable if closing/transferring from another NAB credit card account

Find out more or apply →

Point Hacks earn a maximum of $90 per applicant for this card. More about this →

Card Details

CardNAB Qantas American Express & Visa
Loyalty programQantas Frequent Flyer
Points earned from spend0.75 Qantas point per $ on the Amex (until 20th February 2018 for existing cardholders)

0.5 points per $ on the Visa (until 12th November for existing cardholders)
Points cap$3,000 per statement period (until 12th November for existing cardholders)
Visa Points earn and cap from spend (From 13th November 2017 onwards)0.66 points per $ up to $3,000 per statement period
0.33 points per $ from $3,000 to $6,000 statement period
Earns points at ATONo
Insurance includedPurchase protection
Overseas transaction fee3% of the converted amount
Annual fee$95

The NAB Qantas Classic account annual fee is $95. You’ll also get some purchase protection insurance with this card, a 0.75 point per $ earn rate on spend on the American Express, and 0.5 points per $ on the Visa until the mentioned changes above kicks in. Read the Purchase Protection PDS 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.

There aren’t any other benefits, but for a sub $100 annual fee combined account, that’s to be expected.

Summing up – NAB Qantas Rewards Signature Visa, and NAB Qantas Rewards Premium and Classic American Express & Visa / Mastercard accounts

NAB’s Qantas card range now offers a number of options which are useful to those collecting Qantas Points, however with so much competition in the market for Qantas credit cards, it is well worth comparing and considering with the alternatives out there to ensure you’re getting a bundle of bonuys points, earn rates, card features/benefits and annual fees that work for your circumstances.

Looking within the NAB Qantas card range alone, the key consideration is how much spend you are likely to be putting on an American Express versus a Visa specially now that NAB have decided to axe the American Express companion accounts.

90,000 Qantas Point bonus now on offer with the NAB Qantas Rewards Signature Visa was last modified: October 19th, 2017 by Keith

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Point Hacks Credit Card Information

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Comments Expand Comments

  1. Matt

    I closed my NAB a month ago, right after I got bonus points.

    Doesn’t seem like terms say there’s a waiting period, just can’t be closing or transferring?

  2. Dean

    As an existing NAB premium Qantas card holder, would I be eligible for the signup bonus? I previously received bonus points when I signed up close to 3 years ago.

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