This guide has been produced on behalf of both Qantas and NAB, a Points Hacks commercial partner.

Whether you are looking to consolidate your debts, upgrade your set of wheels or complete some well-needed renovations, a personal loan from NAB may just be the way to make it happen.

And for the first time ever, a NAB Personal Loan could boost your Qantas Points balance by up to 110,000 Qantas Points*! That is more than enough points to redeem a number of economy tickets when the time is right. Plus, you could also use the points on hotel stays, shopping, wine and many other products and services through Qantas.

But you have to be quick, as this limited-time offer ends 30 September 2021.

Read on to see the details of the offer along with the features of a NAB Personal Loan.

Disclaimer:  Point Hacks Australia Pty Ltd. provides general information only. You should assess whether the information is appropriate for you having regard to your objectives, financial situation and needs and consider obtaining independent professional advice before making an investment decision. If information relates to a specific financial product you should obtain a copy of the PDS for that product and consider that statement before making a decision on whether to acquire the product.

What is the offer?

Register and apply for a new NAB Personal Loan by 30 September 2021 and if approved, you will earn between 10,000 to 110,000 Qantas Points. Eligible applicants will receive 2 Qantas Points for every $1 drawn down on a new NAB Personal Loan when you borrow between $5,000 and $55,000.

Borrowers can enjoy rates ranging from 6.99% to 18.99% p.a.1 (comparison rates 7.91% to 19.83 % p.a.)2.

To sign up for the offer, follow the 4 easy steps below:

  1. Click on the ‘Find out more’ button below to take you to the Qantas Registration page.
  2. Scroll down to the ‘Register now’ section and log in to your Qantas Frequent Flyer account to register for the promotion.
  3. Apply online for a new NAB Personal Loan during the offer period.
  4. If your NAB Personal Loan is approved, draw down on your loan within 90 days of your letter of offer.
Get into a new set of wheels and take to the road (and the skies) sooner with a NAB Personal Loan.

Features of a NAB Personal Loan

A NAB Personal Loan comes with a number of features, which include:

1-7 year flexible loan term

You can choose the length of your loan term, including your repayment frequency, such as weekly, fortnightly or monthly.

Flexible borrowing limits

Applicants can borrow between $5,000 and $55,000.

No early exit fees

There are no fees if you make extra repayments or pay your loan off early, which will help you save on interest costs.

Ability to redraw

If you make extra repayments on your variable rate loan, you are provided with the option to use a redraw facility to access extra funds.

No late or extra repayment fees

If you miss your repayments or make additional payments, you won’t be charged fees.

Summing up

Should you be in the market for a personal loan, getting one with a serving of Qantas Points is welcome, but make sure that this loan is suitable for your current financial situation. You may need to speak with a finance professional or your accountant to make this assessment.


* NAB Personal Loan Qantas Points Offer Terms and Conditions

You must be a Qantas Frequent Flyer to earn and redeem Qantas Points. A joining fee usually applies, however, new customers who join here will have the joining fee waived by Qantas. Membership and points are subject to the Qantas Frequent Flyer program Terms and Conditions.

As a member of the Qantas Frequent Flyer Program, you could earn between 10,000 and 110,000 Qantas Points following the drawdown of an eligible NAB Personal Loan. Earn 2 Qantas Points for each dollar of your approved NAB Personal Loan amount when you borrow anywhere from $5,000 and up to $55,000.

The offer commences 1 July 2021 12.01am (AEST) and ends 30 September 2021 11.59pm (AEST). Terms, conditions, fees, charges and eligibility & lending criteria apply.

To be eligible for the offer, Qantas Frequent Flyer members must register for the offer by email or via the Qantas registration page, apply online for a new NAB Personal Loan during the offer period through, satisfy NAB’s eligibility and lending criteria, and drawdown on your approved NAB Personal Loan within 90 days of your letter of offer.

By registering, you agree to Qantas providing your full name, date of birth, contact number and email address to NAB for purposes related to this Qantas Points Offer. NAB will use that information to identify eligible NAB Personal Loan applicants and, if the loan proceeds, NAB will notify Qantas of the number of Qantas Points to be allocated to eligible Qantas Frequent Flyer members. In the instance that multiple identifier fields in your Qantas registration do not match the details used in your NAB Personal Loan application, you may not be eligible to receive Qantas Points. For more information on how personal information is handled by Qantas or NAB, visit Qantas’ Privacy Statement or NAB’s Privacy Policy.

Qantas will allocate the applicable Qantas Points to eligible members’ Qantas Frequent Flyer membership account. The Qantas Points credited will correspond to your total approved loan amount at the rate of 2 Qantas Points for every dollar. Qantas will provide members with written confirmation following the allocation of the Qantas Points. Please allow for 6 to 8 weeks from drawdown for the Qantas Points to be credited to your Qantas Frequent Flyer membership account with the description ‘NAB Personal Loan’.

This offer is not available on NAB Personal Loans with more than one borrower. This offer is not applicable or valid in conjunction with any other advertised or promotional offer. This offer applies to one, new NAB Personal Loan obtained online, per individual customer, per 12 month period from application in the offer period. NAB will inform Qantas to credit relevant Qantas Points corresponding to the first eligible NAB Personal Loan obtained during the offer period. If your NAB Personal Loan account is closed (for any reason) before allocation of the Qantas Points, any Qantas Points not yet allocated to your Qantas Frequent Flyer membership account at the time of closure will be forfeited.

 1 Interest rates and information current as at 1 July 2021 and are subject to change. Terms, conditions, fees, charges and lending criteria apply.

2 Comparison rate calculated on unsecured loan amount of $30,000 over a term of 5 years based on monthly repayments.

WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan.

©2021 National Australia Bank Limited ABN 12 004 044 937 AFSL and Australian Credit Licence 230686 (NAB). NAB is the credit provider and credit licensee under National Consumer Credit laws. NAB pays Qantas for Qantas Points issued in relation to these personal loans.

Earn up to 110,000 Qantas Points with a new NAB Personal Loan was last modified: September 10th, 2021 by Daniel Sciberras