Note: This card is no longer available to new customers. We have kept this guide up as a reference for existing cardholders.
The card earns 0.5 Qantas Point per $1 spent up to $3,000 per statement period, comes with complimentary purchase protection insurance and also offers 0% p.a. interest on balance transfers for six months for a $95 p.a. annual fee.
There aren’t any other benefits, but for a sub $100 annual fee combined account, that’s to be expected.
Digging into the details of the NAB Qantas Rewards Card
The NAB Qantas Rewards Card is the entry-level in the lineup and as with most cards in this category, offers limited features.
|Card||NAB Qantas Rewards Card|
|Loyalty program||Qantas Frequent Flyer|
|Points earned from spend||0.5 point per $1|
|Points earned with Qantas||Additional 1 Qantas Point earned per $ spent on selected eligible Qantas products and services|
|Points cap||$3,000 per statement period|
|Earns points at ATO||No|
|Insurance included||Purchase protection|
|Overseas transaction fee||3% of the converted amount|
This card earns 0.5 Qantas Point per $1 on spend up to a hard cap of $3,000 per statement period.
This points cap is very limiting but just like the higher-tier Qantas Rewards cards, it also earns an additional 1 Qantas Point per $ spent on Qantas products and services, such as flights and Qantas Club membership.
This card does come with a complimentary purchase protection insurance, which is a decent feature given this is an entry-level card. You can read more about the coverage in the full 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.
NAB Apple Pay & Google Pay support
NAB cards support Apple Pay & Google Pay, meaning you can use their cards on your smartphone for easier payments. Find out more in our guides for each of the compatible services.
The NAB Qantas Rewards Card has no signup bonus, and if your focus is on maximising points earn from spend then there are other cards in the lineup or on the market with more lucrative earn rates.
The bonus Qantas Points for eligible spend on Qantas products and services makes the card a decent option for those who transact a lot with Qantas but are seeking only a budget card.
However, if you are looking for more features in a Qantas Points-earning card, it can be worth the effort to analyse and consider the alternatives out there to ensure you’re getting the features and benefits that work for your circumstances.