NAB Qantas Rewards Credit Card


By David Boyd on 26th April, 2010, last updated on Tuesday 22nd April

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Annual Fee$65 per year
 
 
Promo Interest Rate-
Ongoing Interest Rate19.99% p.a.
Rewards, Points and Perks
  • First Purchase Bonus
  • Frequent Flyer Points (MC/VISA)
  • Rewards Program
  • Sign Up Bonus
  • Spend for SYD/MEL return
  • -
  • $1 = 0.5 QFF Points
  • Qantas Frequent Flyer
  • Free Qantas Membership points
  • -
Other Fees, Rates and Requirements
  • Additional Card Fee
  • Annual Balance Transfer Rate
  • Balance Transfer Fee
  • Cash Advance Rate
  • Duplicate Statement Fee
  • Interest Charged From
  • Interest Free Period
  • Late Payment Fee
  • Maximum Credit Limit
  • Minimum Age
  • Minimum Credit Limit
  • Minimum Income
  • Minimum Repayment
  • Over Limit Fee
  • Overseas ATM Balance Fee
  • Overseas ATM Withdrawl Fee
  • Overseas Emergency Card Replacement Fee
  • Transaction Verification Fee
  • $0 p.a.
  • -
  • -
  • 21.74% p.a.
  • $7
  • Purchase date
  • Up to 44 days on purchases
  • $5
  • -
  • 18 years old
  • -
  • -
  • 2.5%
  • $0
  • -
  • $4
  • $Visit the issuer's website
  • $5
Insurance
  • Extended Warranty Insurance
  • International Travel Insurance
  • Interstate Flight Inconvenience Insurance
  • Personal Item Theft Cover
  • Price Protection Insurance
  • Purchase Protection Insurance
  • Transport Accident Insurance
  • -
  • -
  • -
  • -
  • -
  • Yes
  • -
Bank Contact Details
  • Bank Address: National Australia Bank 500 Bourke Street Melbourne VIC 3000 Australia
  • Domestic Phone: 13 22 65
  • International Phone: +61 3 8641 9083
  • Contact Website: Click here
  • Operating Hours: Mon-Fri 7:00am - 9:00pm Sat-Sun 8:00am - 6:00pm
  • Free membership into the Qantas Frequent Flyer Program saving you $82.50.
  • Qantas points capped at $3,000 per month.

How does the NAB Qantas Rewards Credit Card compare against a credit card of the national average?

 Purchase
Rate
Cash Adv
Rate
Annual
Fee
Bal. Transfer
Rate
Bal. Transfer
Rate Period
NAB Qantas Rewards Credit CardNAB Qantas Rewards Credit Card19.99%21.74%$650%15 months
 The Average Credit Card16.79%21.20%$941.75%9 months

Methodology: The Scorecard is based on the interest rates and fees from 313 credit cards from 49 banks and credit unions to give a national average on an ongoing basis. Introductory promotional rates are not included in the calculation.

Disclaimer: The data presented in the Scorecard is intended to be a guide. Some factors may affect data accuracy. We try to present accurate and fresh data, but it is possible that our database may not include every credit card on the entire market and that products may change without us being notified.

    You can transfer from:


  • ANZ
  • Bank of Melbourne
  • Bank of Queensland
  • Bank SA
  • Citibank
  • Coles
  • Commonwealth Bank
  • HSBC
  • St.George
  • Virgin
  • Westpac

    You cannot transfer from:


  • NAB
 
Write a Review
 
3.2
out of 5.0Based on 1 reviews
  • Rates and fees
  • Rewards
  • Customer service
  • Convenience
  • Trust
  •  
  •  
  •  
  •  
  •  
  1. Overall, a good card

     
    - Okay
    Reviewer: Darross posted this review on 24 Oct 2013
    Recommend this card: yes

    I've had this card for years, just never bothered to change to another. It is convenient to use and I have 100% trust in the bank and their security. Whenever there has been a problem, particularly when travelling overseas, their response is immediate and they are always easy to deal with.

    • Accepted everywhere, great security
    • Yearly fee
Disclaimer: The opinions expressed about credit cards are the reviewer's alone, and do not reflect the views of Credit Card Compare or the credit card issuer. Reviews have not been approved or otherwise endorsed by Credit Card Compare.

If you’re starting out your Qantas frequent flyer points life, don’t plan to spend like crazy and want to get free membership into Qantas Frequent Flyer Program then the NAB Qantas Rewards Credit Card could be for you.

Pros
You can become a member of the Qantas Frequent Flyer Program for free which will save you $82.50. You can earn points at an accelerated pace for a short period of time. You can get an additional cardholder for no extra cost. NAB are trying to be fair and are willing for you to dodge paying fees if you go over your credit limit.

The ‘two cards, one account’ setup is ideal in case you have a sizeable purchase to make when you can whip out the Amex card and get the better points rate. Another positive is that the minimum income requirement is set to any weekly income meaning that this credit card offer is not out of reach for low income earners and self-employed people.

Cons
There’s a trade off in that you get free membership to Qantas but you pay an annual fee. Also, the accelerated points earning ratio is restricted on two fronts: it ends in September after which is reverts to a lower rate and secondly the points earning potential is capped at $3,000 per month.

Conclusion
All in all, the NAB Qantas Rewards Credit Card is a good frequent flyer credit card best suited for first timers to Qantas as opposed to the seasoned frequent flyer points chaser.