NAB
130,000 bonus Qantas Points, $250 cashback, and a minimum $15,000 credit limit. Great for frequent flyers looking to maximise rewards.
The NAB Qantas Rewards Signature Card currently stands out for its exceptionally generous offer: earn up to 130,000 bonus Qantas Points and receive $250 cashback when you meet the conditions. With a minimum credit limit of $15,000 and required minimum monthly repayments, this card offers strong value, particularly for those who travel frequently or spend regularly on everyday purchases. New applicants must spend $5,000 within the first 90 days and maintain the card for at least 12 months to access full benefits.
How to Apply: Step by Step
- Ensure you meet eligibility criteria including income and credit requirements.
- Prepare necessary documentation such as ID and proof of income.
- Submit your application for a new NAB Qantas Rewards Signature Card online.
- Once approved, complete your first $5,000 spend within 90 days.
- Keep your account open for at least 12 months to access all bonuses.
Main Advantages
The NAB Qantas Rewards Signature Card stands out for its substantial Qantas Points offer, making it ideal for those set on booking travel or enjoying premium rewards. The $250 cashback is another attractive incentive that can effectively reduce your annual spend.
Additionally, cardholders are offered a straightforward spending target and a rewards system geared toward maximising loyalty benefits over the first year and beyond. The generous credit limit helps users manage large purchases or payments.
Potential Drawbacks
This card requires a high minimum credit limit of $15,000. For some users, particularly those new to credit or with lower income, this could be restrictive.
To unlock the full benefit, you must consistently meet spending thresholds and keep your account active for over a year, which might not suit those seeking quick rewards access or who plan to churn cards.
Our Verdict
The NAB Qantas Rewards Signature Card’s current offer is compelling for frequent travellers and points chasers, combining strong Qantas Points with significant cashback. If you meet the eligibility and can achieve the spend, the value is fantastic for maximising travel benefits and rewards. However, consider the minimum limit and time commitment before applying.
