NAB are offering up to 120,000 Qantas Points and a reduced first-year annual card fee of $295 for new applicants of the NAB Qantas Rewards Signature Card.

The card also offers 0% p.a. interest on balance transfers for six months, and the highest earn rate amongst the trio of NAB Qantas Frequent Flyer-linked credit cards.

The signup bonus is split into two parts, with the first 90,000 Qantas Points to be received after spending $3,000 or more in the first 60 days from approval and an additional 30,000 Qantas Points after the annual fee for the second year is billed on your account.

Other cards in NAB’s Qantas Rewards card range are the Qantas Rewards Premium and Qantas Rewards Classic.

Emirates A380 First Class
Use the bonus Qantas Points to fly Trans-Tasman on Emirates A380 First Class

How you could use the bonus points from this card

All redemption figures above exclude any accompanying taxes, fees and charges. Points redemption price data is provided by a third-party. For an exact total redemption cost, please consult with the airline directly.

Digging into the details of the NAB Qantas Rewards Signature Card

The NAB Qantas card range is split into Signature, Premium and a standard Classic, with annual fees of $395, $250 and $95 respectively.

The NAB Qantas Signature Card is focused on maximising your points earn from Visa spend. An additional bonus Qantas Point is earned per dollar spent on Qantas products and services, such as flights and Qantas Club membership.

Card NAB Qantas Rewards Signature Card
Loyalty Program Qantas Frequent Flyer
Points earned from spend 1 Qantas Point per $ up to $5,000 then 0.5 Qantas Point per $ thereafter
Points earned with Qantas 2 Qantas point per $ spent
Points Cap $20,000 per statement period
Earns points at ATO No
Insurance included Seven complimentary insurances including overseas travel insurance and purchase protection (PDS)
Overseas transaction fee 3% of the converted amount
Minimum Credit Limit $15,000
Annual fee $395

This card earns 1 Qantas Point per $ up to $5,000 spent per statement period, and 0.5 Qantas Point per $ from $5,001 to $20,000.

The points cap is quite low given the annual fee but may work for those in the hunt for a high Qantas Points earn rate.


You will get access to a range of insurances with the Signature Card, which are included below.

  • Overseas Travel Insurance
  • Transport Accident Insurance
  • Interstate Flight Insurance
  • Domestic Hotel Burglary Insurance
  • Purchase Protection Insurance
  • Extended Warranty Insurance
  • Price Protection Insurance

Full PDS for the above insurance can be found 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.

Summing up

The NAB Qantas Rewards Signature Card is the highest Qantas Point-earning card in NAB’s lineup and will be attractive to those looking to earn Qantas points, especially with the current bonus offer.

Note that this is one of many Qantas earning cards in the market, and it always pays to shop around to make sure that you are getting a bundle of bonus points, earn rates, card features/benefits and annual fees that work for your circumstances.