Important disclosure
NAB Qantas Rewards Premium Card
Bonus Points
70,000 Bonus Qantas Points. Offer applies to a new NAB Qantas Rewards Premium Card when you spend $2,000 on everyday purchases within 60 days*. Enjoy a reduced annual card fee (from $250 to $150) for the first year.*To be eligible for the 70,000 bonus points offer, you must apply for a new NAB Qantas Rewards Premium Card and spend $2,000 on everyday purchases within 60 days and keep your card open for over 12 months. A reduced annual card fee of $150 will be charged when the card is opened and applies for the first 12 months. You will be charged the standard $250 annual card fee in the 13th month of your card account. T&Cs apply.
Purchase Rate
Purchase Rate
19.99%
p.a
Balance Transfer Rate
Balance Transfer Rate
0%
p.a
for up to 12 months, then 21.74%
Purchase Rate
19.99%
p.a
Balance Transfer Rate
0%
p.a
for up to 12 months, then 21.74%
Annual Fee
$150
for 12 months then $250 thereafter
Promoted credit cards
Promoted
Rewards Black
Bonus Points
180,000 extra ANZ Reward Points and $150 back to your new ANZ Rewards Black credit card when you spend $3,000 on eligible purchases in the first 3 months from approval.*Purchase Rate
20.49%
p.a
Annual Fee
$375
Promoted
Frequent Flyer Black
Bonus Points
Earn 110,000 bonus Qantas Points and $100 back to your card when you spend $5,000 on eligible purchases in the first 3 months from approval.*Purchase Rate
20.49%
p.a
Annual Fee
$425
Pros and cons
For Qantas Rewards Premium Card
Benefits
- Rewards Available through Qantas Frequent Flyer
- Extra 70,000 points subject to eligibility conditions
- $150 annual fee in the first 12 months and $250 p.a thereafter.
- Apple Pay, Google Pay and Samsung Pay available
- Domestic travel insurance
- Free supplementary cards
- Price guarantee
- Extended warranty
- Concierge
- Purchase protection insurance
Drawbacks
- Higher than average ongoing variable purchase rate
- Higher than average ongoing annual fee
NAB Rate Credit card overview
For Qantas Rewards Premium Card
Details
Card Level Premium | Card Type Visa |
Interest Free Days Interest Free Days 44 | Minimum monthly repayment 2% or $25 |
Minimum credit limit $6k | Maximum credit limit No set max |
Free supplementary cards | Instant Approval |
Target Market Determination Visit National Australia Bank Limited to view Target Market Determination. |
Fees
Annual Fee Annual Fee $150 for 12 months then $250 thereafter | Annual Fee Spend Waiver |
Supplementary card annual fee $0 | Late Payment Fee $15 |
Over limit fee $0 | Duplicate statement fee $7 |
Electronic Wallet Service
Important Rates
Rates
Purchase Rate Purchase Rate 19.99% p.a |
Cash advance rate 21.74% p.a |
Cash advance fee 3% or $3 |
Balance Transfer
Balance Transfer Rate Balance Transfer Rate 0% p.a for up to 12 months, then 21.74% |
Transfer Limit 90% of the approved credit limit |
Balance Transfer Fee 3% |
Overseas spending
Foreign Exchange Fee 3% on Visa |
Overseas charges Overseas charges $5 |
Estimated ATM Cost $14 for AU $300 withdrawal |
Rewards
Program name Qantas Frequent Flyer |
Rewards Available Gift Card, Domestic Flights, International Flights, Flight Upgrades, Qantas Shop, Qantas Hotels |
Eligibility
Minimum age 18 |
Minimum income $65k |
Eligibility conditions |
Residency |
Earn Rates
| Rate | Card Type | Earns | Condition |
|---|---|---|---|
| 1 point for $1 spent | Visa | Up to $6k monthly | $3 on eligible everyday purchases |
| 1 point for $1 spent | Visa | Up to $3k monthly | $1.5 on eligible everyday purchases |
Perks
- DOMESTIC TRAVEL INSURANCE A qualifying purchase is required.
- FREE SUPPLEMENTARY CARDS Supplementary cardholder must be over 16 years of age
- PRICE GUARANTEE If you purchase personal goods in Australia and then find the same product advertised later in a printed catalogue at a cheaper price within 21 days of purchase, from a store within 25km of the store where the item was purchased, you can claim back the difference if it is more than $75.
- EXTENDED WARRANTY
- CONCIERGE
- PURCHASE PROTECTION INSURANCE Cover lasts for 62 days per year
- Bonus PointsBalance Transfer 70,000 Bonus Qantas Points. Offer applies to a new NAB Qantas Rewards Premium Card when you spend $2,000 on everyday purchases within 60 days*. Enjoy a reduced annual card fee (from $250 to $150) for the first year.*To be eligible for the 70,000 bonus points offer, you must apply for a new NAB Qantas Rewards Premium Card and spend $2,000 on everyday purchases within 60 days and keep your card open for over 12 months. A reduced annual card fee of $150 will be charged when the card is opened and applies for the first 12 months. You will be charged the standard $250 annual card fee in the 13th month of your card account. T&Cs apply.
