This was posted 6 years 10 months 26 days ago, and might be an out-dated deal.

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100k/60k NAB Rewards Points with Signature Card ($295 pa fee) / Rewards Card ($195 pa fee) @ NAB

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100k/60k NAB Rewards Points with Signature Card ($295 pa fee) / Rewards Card ($195 pa fee) @ NAB
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sween64 on 30/12/2017 - 16:22 nab.com.au (496 clicks)

To be eligible for the 100,000 Bonus Points offer, you must apply for a new NAB Rewards Signature Card, be approved, and spend $3,000 on everyday purchases within 60 days of opening your account on your NAB Rewards Signature Card. To be eligible for the 60,000 Bonus Points offer, you must apply for a new NAB Rewards Platinum Card, be approved, and spend $2,500 on everyday purchases within 60 days of opening your account on your NAB Rewards Platinum Card. Everyday purchases exclude transactions NAB decides are wholly or partly for gambling or gaming purchases. *Points will be credited to your points balance within 3 months of meeting the spend criteria. This bonus points offer is not available to existing customers who have received or are entitled to receive NAB Rewards Bonus Points for a new personal NAB Rewards credit card or NAB Home loan in the twelve months prior to the opening of a NAB Rewards Platinum Card or NAB Rewards Signature Card account. Offer is not available when closing/transferring from another NAB credit card account or in conjunction with any other NAB offer. NAB may vary or end this offer at any time. Webjet Booking Terms and Conditions apply. Flights and accommodation subject to availability and may not be available on all flights. Redemptions must be made online with Webjet via the NAB Rewards Store.

100k NAB Rewards points can be redeemed for a $500 gift card

Financial Credit Card

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National Australia Bank Group (NAB)
National Australia Bank Group (NAB)

closed Comments

  • ntb on 30/12/2017 - 16:27
    +4

    Considering the exchange value is about 200 NAB point/$1, you will need to spend $39,000 to be able to cover the annual fee, it's too much for me :)

    • Slo20 on 30/12/2017 - 16:32
      +1

      Not for the first year when u count the bonus points.

    • elzilcho on 30/12/2017 - 18:14

      Agreed, i got the card and for the first year its been great with the bonus points being awesome (got 3x$100 gift cards).
      But yeah, I use the card and cash out the 20k point for a $100 gift card. I dont think I can spend $39k a year to make it worth it. Does Ozbargain have a best card to get for rewards?

  • Slo20 on 30/12/2017 - 16:28

    Thanks Sween. I’ve run out of decent $0 annual fee ones to use.
    Edit - I mistook this for frequent flyer points.

    • sween64 on 30/12/2017 - 17:36

      NAB does have a Qantas Frequent Flyer offer.

  • Georgeshtc on 30/12/2017 - 17:02
    +1

    The annual fee is too steep imo

  • Willyslicks on 30/12/2017 - 17:18

    What's the best way to cash out?

    • ntb on 30/12/2017 - 21:48

      get a gift card for fuel, supermarket, bunning, TGG whatever you need and keep your money in your pocket :)

  • [Deactivated] on 30/12/2017 - 17:40

    Thanks. Bought 3.

  • [Deactivated] on 30/12/2017 - 17:40
    +1

    No annual fee for Choice package members

  • tunzafun001 on 30/12/2017 - 17:50

    2:1 for velocity off memory. Maybe less. Annual is too high for 50k points. I'd go virgin card with 60k for $64 and includes a $129 virgin flight credit.

  • cornucopia on 31/12/2017 - 02:54
    +2

    Keep in mind that NAB waive credit crad annual fees for shareholdings of >500 shares. Yes, I know, this will cost about $15k on todays market BUT you earn about 9% pa on the investment (including franking credits) and the shares can be resold anytime.

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