The NAB Rewards Signature Card is currently offering up to 110,000 bonus NAB Rewards Points (equivalent to 110,000 Flybuys points, 55,000 Velocity Points or 36,000 Asia Miles/KrisFlyer miles) with a minimum spend requirement of $5,000 within 90 days of account opening and when you keep your card for more than 12 months. Plus 0% p.a. for 12 months on Balance Transfer with a 3% BT fee.³
The signup bonus is split into two parts, with the first 80,000 bonus Rewards Points to be received after spending $5,000 or more in the first 90 days from account opening and an additional 30,000 bonus NAB Rewards Points when you keep your card open for over 12 months.¹ ²
The NAB Rewards Signature Card is the top points-earning option in the NAB Rewards lineup, which also includes the NAB Rewards Platinum and NAB Rewards Business cards.
The card offers no international transaction fees on all eligible purchases and uncapped points earn on spend.
NAB Rewards has Velocity Frequent Flyer, KrisFlyer, Asia Miles, Flybuys and Air NZ Airpoints as transfer partners, with these programs being very useful for those collecting and redeeming points.
Digging into the details of the NAB Rewards Signature Card
The NAB Rewards Signature Card is linked to NAB Rewards, which as a flexible points program, that allows you to earn points in NAB’s own rewards points currency which you can then redeem for merchandise or partner program points by transferring them at a later date.²
Card Details
| Card | NAB Rewards Signature Card |
| Loyalty Program | NAB Rewards |
| Points earned from spend | 1.5 Rewards Points per $1 on everyday spend up to $15,000 Rewards Points per statement period, and 0.5 NAB Rewards Points for every $1 spend, uncapped thereafter. 3 Rewards Points per $1 on purchases made online with Webjet. |
| Points cap | uncapped |
| Earns points at ATO | No |
| Overseas transaction fee | 0% |
| Mobile wallet | Apple Pay and Google Pay |
| Annual fee | $35 monthly fee. Monthly fee will be reversed when you spend $5,000 or more in a statement period |
We love flexible points programs because you earn points today and let you decide at a later time on the best partner or redemption option for your needs. This reduces program lock-in and increases the number of ways you can use your points.
There is a risk that programs like NAB Rewards can devalue too – they are able to change their transfer rates to their partners. Generally, across most banks and bank rewards programs, these changes happen infrequently, and with notice to customers.
Earning points with NAB Rewards Signature Card
As of June 2024, the NAB Rewards Signature Card earns 1.5 NAB Rewards Point on all eligible everyday spend up to $15,000 per statement period, and 0.5 NAB Rewards Points per $1 thereafter, uncapped.
Cardholders can also earn 3 NAB Rewards Points per $1 on all eligible purchases made online with Webjet.²
When looking at competing cards at similar fee levels, these earn rates are not compelling. However, if you intend to use the card for purchases overseas, there is no international transaction fees on all eligible purchases which could make the card more appealing.
Effective Frequent Flyer Program Point Earn Rates when converting from NAB Rewards Points
| Frequent Flyer Program | Eligible everyday spend* | Eligible spend at Webjet |
|---|---|---|
| Velocity Points | 0.75 points / $ | 1.5 points / $ |
| Asia Miles | 0.5 miles / $ | 1 mile / $ |
| Krisflyer Miles | 0.5 miles / $ | 1 mile / $ |
| Flybuys points | 1.5 points / $ | 3 points / $ |
| Air NZ Airpoints | 0.0075 points / $ | 0.015 points / $ |
| * Up to $15,000 per statement period, 0.5 per $1 on eligible spend thereafter. | ||
NAB Rewards Points expire
One of the downsides to NAB’s Rewards program is the points expiry policy. This is outlined in the NAB Rewards PDS and states: Points in your points balance must be used to claim a reward within 36 months from the date the transaction which earned those points was processed to your rewards card account. Points that remain unused in your points balance after that period will be forfeited.
The points you earned into your NAB Rewards account first will be used first at the time of redemption, so you have three years from the date of earning the points to use them.
This is a downside to the program for anyone who wants to earn large numbers of points and hold them for an extended period of time.
Visa Signature Benefits
Visa offers a range of benefits for their Platinum, Signature and Prestige branded cards. They change relatively frequently but include some additional hotel amenities or upgrades if you book through Visa concierge services and discounts on other travel booking options.
Offer eligibility for existing cardholders
NAB has confirmed that any existing customers on a NAB direct-earn Qantas card, such as the NAB Qantas Rewards Signature and NAB Qantas Rewards Platinum Cards, are eligible for this offer, subject to meeting the offer requirements.
Bonus points are not available to customers who currently hold, or have held, any personal NAB Rewards Credit Card in the last 24 months. Offer is not available when closing or transferring from another NAB credit card account or in conjunction with any other NAB credit card offer.
If you have questions or concerns about your specific circumstances as an existing NAB cardholder, you should contact NAB directly to discuss and check your eligibility.
Apple Pay + Google Pay support with NAB
NAB cards support Apple Pay, Google Pay & Samsung 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.
Summing up – NAB Rewards Signature Card
The key appeal of the NAB Rewards Signature Card is the decent earn rate plus the no international transaction fees on all eligible purchases.
It is worth noting that the card also includes the ability to add additional cardholders at no extra cost.
Terms & Conditions
¹ NAB Rewards Signature 110K Bonus Points Offer
Offer commenced 29 July 2025. To be eligible for the 110,000 bonus points offer, you must apply for a new personal NAB Rewards Signature Card before the offer is withdrawn, be approved, and spend $5,000 on everyday purchases within 90 days of opening your account on your NAB Rewards Signature Card. Points will be awarded on a tiered basis – 80,000 bonus points when you spend $5,000 on everyday purchases in the first 90 days (credited to your points balance within three months of meeting the spend criteria) and 30,000 bonus points after 12 months (credited to your points balance within the 13th month). NAB may vary or end this offer at any time.
Everyday purchases are eligible transactions under the NAB Rewards Terms and Conditions and exclude transactions including those that NAB decides are wholly or partly for gambling or gaming purposes. Please refer to the NAB Rewards Terms and Conditions, opens in new window for more information. Bonus points are not available to customers who currently hold, or have held, any personal NAB Rewards Credit Card in the last 24 months. Offers are not available when closing or transferring from another NAB credit card account or in conjunction with any other NAB credit card offer.
² Earning NAB Reward Points
Points are earned and redeemed in accordance with the NAB Rewards Terms and Conditions (PDF, 199KB), opens in new window available at rewards.nab.com.au, opens in new window. These terms describe the purchases not eligible to earn points. You must have an open and active NAB Rewards credit card account to earn points. Everyday purchases exclude transactions NAB decides are wholly or partly for gambling or gaming purposes.
³ Balance transfer 12 month offer rate
After 12 months, any unpaid balance transfers will attract the variable cash advance rate (currently 21.74% p.a. as at today). The one-off balance transfer fee of 3% is calculated on the amount transferred and is charged to your NAB credit card account when your balance transfer is processed. Interest rates are subject to change. While you have an outstanding balance transfer, interest free days on purchases only applies if you pay the interest free days payment in full by the due date each month. Minimum monthly repayments must be made by the due date each month. Standard balance transfer rate and term may be varied or withdrawn at any time. In addition to this acquisition rate, which is available only at card application, other balance transfer offers may be available on your card from time to time. You can find out more information about the ongoing balance transfer rates of your card.
⁴ Delayed flight lounge pass
Complimentary Delayed Flight Lounge Passes are provided by Collinson Insurance Services Limited (which operates the LoungeKey™ Pass program), and are available to all NAB Rewards Signature Credit cardholders (Eligible Persons). The Delayed Flight Lounge Pass gives an Eligible Person plus up to 4 travel companions complimentary access to select airport lounges at select airport locations. Alternatively, if a lounge is unavailable, Eligible Persons can use their Delayed Flight Lounge Pass to offset a dollar amount off the total bill at select dining options. Availability of airport lounges and dining options vary based on location and affiliated LoungeKey™ Partners at the time. Not all airports offer Delayed Flight Lounge Pass and use of Delayed Flight Lounge Pass may be restricted to certain terminals. Access to and use of the Delayed Flight Lounge Pass is subject to the Terms of Use (PDF, 83KB), opens in new window which are subject to change. You can search for locations and the conditions of use, opens in new window applicable to each airport lounge/dining venue.
Delayed Flight Lounge Passes are not available where flights are cancelled or rescheduled to 24 hours after the flight’s scheduled departure time (which will be handled by the airline directly via their own compensation process). Delayed Flight Lounge Passes are provided on a non-transferable, non-refundable and non-changeable basis. NAB is not responsible for the issue of Delayed Flight Lounge Passes, and excludes all liability for any loss or damage in connection with the issue, non-issue or use of a Delayed Flight Lounge Pass to the extent permitted by law.
⁵ Disclaimer
Consider the NAB Internet Banking terms and conditions which apply when using NAB Internet Banking and the NAB app, before making any decisions regarding these services. The NAB app is compatible with Android™ and iOS, minimum platform requirements apply. Android is a trademark of Google LLC. iOS is a trademark or registered trademark of Cisco in the U.S. and other countries and is used under license. Services issued by NAB.
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