Compare NAB Credit Cards
Compare the latest NAB Credit Card offers. 0% for 28 months on Balance Transfers. 120,000 bonus Qantas Points. 80,000 bonus Velocity Points. Review your existing NAB Credit Card. Get a better deal today.
Updated 10 December 2024
Offers 1 - 10 of 23
Are NAB Rewards or Qantas Frequent Flyer rewards better?
If you take out a NAB loyalty points Credit Card you’ll generally have the option to link it to Qantas Frequent Flyer or NAB Rewards. We look at the pros and cons of each rewards program to help you choose which is right for you.
How do NAB Rewards credit cards work?
The NAB Rewards program is designed to give you flexibility in the way you choose to redeem rewards points. It allows you to accumulate rewards on your everyday purchases and doesn’t cap the number of points you can earn.
You can then spend these points across a range of categories, including Gift cards and Cashback. You can also convert your NAB Rewards points to frequent flyer points with 5 different partners, including Velocity Frequent Flyer, Singapore Airlines Krisflyer, Cathay Pacific Asia Miles, Air New Zealand Airpoints, andFlybuys.
The following provides more information about these redemption options:
- Gift cards. You can convert your NAB Rewards points for gift cards through a number of retail partners. These include Amazon, Big W, David Jones, eBay, Woolworths, Ikea, Myer and more.
- Cashback.NAB Rewards has a cashback scheme that offers you $5 in return for every 1,250 points you redeem.
- Airline partners. 5 different frequent flyer programs partner with NAB Rewards offering the following rates of exchange:
- Velocity Frequent Flyer.2 NAB Rewards Points = 1 Velocity Point
- Singapore Airlines Krisflyer.3 NAB Rewards Points = 1 Krisflyer Mile
- Cathay Pacific Asia Miles.3 NAB Rewards Points = 1 Asia Mile
- Air New Zealand Airpoints.200 NAB Rewards Points = 1 Airpoint
- Flybuys.1 NAB Rewards Point = 1 Flybuys Point
Which cards come with NAB Rewards?
NAB offers 2 different cards that come with NAB Rewards. These include the entry-level NAB Rewards Platinum card, as well as the NAB Rewards Signature. For a higher fee, these offer the opportunity to earn more rewards points, and feature other travel-related benefits.
Summary of the benefits of NAB Rewards cards
| NAB Rewards Platinum | Fee$195 | International transaction fee3.5% | Purchase rate21.74% p.a. | Interest free daysup to 44 | Rewards points earned Earn NAB Rewards Points 1point per $1 spent | Other benefits Complimentary travel insurance | Minimum credit limit$6,000 | |
|---|---|---|---|---|---|---|---|---|
| NAB Rewards Signature | Fee$288 | International transaction fee0% | Purchase rate21.74% p.a. | Interest free daysup to 44 | Rewards points earned Earn NAB Rewards Points 1.5points per $1 spent up to $15,000, then 0.5 per statement | Other benefits No international transaction fees Complimentary travel insurance | Minimum credit limit$15,000 |
Current offers on NAB Rewards cards
NAB has the following offers for people taking out a new NAB Rewards card.
NAB Rewards Platinum
up to 100,000bonus points
0% for 12 monthson balance transfers (3.00% BT fee applies), reverts to 21.74% p.a.
$45annual fee in first year
NAB Rewards Signature
up to 160,000bonus points
0% for 12 monthson balance transfers (3.00% BT fee applies), reverts to 21.74% p.a.
$145annual fee in first year
How do the NAB Qantas Frequent Flyer credit cards work?
As the name suggests when you spend money on your NAB Qantas Frequent Flyer card, you earn Qantas Frequent Flyer Points directly.
Qantas Frequent Flyer program is extensive, giving you the opportunity to use points for domestic and international flights and upgrades. You can also redeem points for:
- hotels
- shopping, including gift cards and direct purchases from the Qantas Store
- purchases through Qantas Wine
- Qantas Travel Insurance, and
- hire cars and fuel through BP
Which cards come with Qantas Frequent Flyer?
NAB offers 2 different cards that link to Qantas Frequent Flyer. These include the entry-level NAB Qantas Rewards Premium card, as well as the NAB Qantas Rewards Signature. For a higher fee, these offer the opportunity to earn more rewards points, and feature other travel-related benefits.
Summary of NAB Qantas Frequent Flyer Cards
| NAB Qantas Rewards Premium | Fee$295 | International transaction fee3.5% | Purchase rate21.74% p.a. | Interest free daysup to 44 | Rewards points earned Earn Qantas Points 0.67points per $1 spent up to $3,000, then 0.33 up to $6,000 per statement | Other benefits Complimentary travel insurance | Minimum credit limit$6,000 | |
|---|---|---|---|---|---|---|---|---|
| NAB Qantas Rewards Signature | Fee$420 | International transaction fee3.5% | Purchase rate21.74% p.a. | Interest free daysup to 44 | Rewards points earned Earn Qantas Points 1point per $1 spent up to $5,000, then 0.5 up to $20,000 per statement | Other benefits Complimentary travel insurance | Minimum credit limit$15,000 |
Current offers on NAB Qantas Frequent Flyer cards
NAB has the following offers for people taking out a new NAB Qantas Frequent Flyer card.
NAB Qantas Rewards Premium
70,000bonus points
0% for 12 monthson balance transfers (3.00% BT fee applies), reverts to 21.74% p.a.
$150annual fee in first year
NAB Qantas Rewards Signature
up to 120,000bonus points
0% for 12 monthson balance transfers (3.00% BT fee applies), reverts to 21.74% p.a.
$295annual fee in first year
Which should you get: NAB Rewards or Qantas Frequent Flyer?
Ultimately, whether you should choose a NAB Rewards or a NAB Qantas Frequent Flyer credit card depends largely on how you intend to redeem the points.
If you’re happy flying Qantas and shopping through its partners, then earning Qantas Frequent Flyer points directly can be a great option.Alternatively, if you’d prefer to fly another airline, then the NAB Rewards card gives you the opportunity to redeem through 5 different frequent flyer loyalty programs schemes (Qantas isn’t one of them).
If cost is a consideration, it’s also worth noting that the NAB Rewards cards tends to be slightly cheaper than the NAB Qantas Frequent Flyer cards. But if you’re earning more points on an airline you’d choose to fly, this probably won’t matter.
Alternatively, if you don’t feel like you’ll get value out of rewards points, a low-cost no-frills card could save you money.
In short…
Both cards offer great rewards programs and the choice ultimately comes down to personal preference.