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NAB Rewards Platinum Credit Card: 60,000 Bonus Points with $1,000 Spend in 60 Days, $95 Annual Fee ($100 off)

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Got this via email, and don't think it is targeted. It may require you to be an existing NAB customer, as it said to keep customer ID handy while applying.

Special offer on our NAB Rewards Platinum Card
We've put together an exclusive offer for you on our NAB Rewards Platinum Card.

Earn 60,000 Bonus Points
Apply for a new NAB Rewards Platinum Card, spend $1,000 in the first 60 days, and you’ll receive 60,000 Bonus Points. That’s enough for $300 in gift cards.

Plus get $100 off your annual card fee ongoing
We’re also going to wipe $100 off your annual card fee (usually $195) – not just once, but for the life of the card.

Earn points with your NAB Rewards Platinum Card
With a NAB Rewards Platinum Card, there’s no limit to the number of Points you can earn – and when you’re ready to redeem, the NAB Rewards Store is always full of exciting options.

Earn 1 Point for every dollar you spend on everyday purchases.
Earn double Points when you shop in major department and hardware stores like Myer, David Jones and Bunnings.
Earn triple Points on overseas purchases.

More benefits of the NAB Platinum Rewards Card

Whether you’re at home or abroad, you can access seven complimentary insurances.View Disclaimer
Access to 24 hour, 7 day assistance for travel and lifestyle services with NAB Concierge.View Disclaimer
Discover hundreds of deals, discounts and privileges with Visa Premium Access.

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closed Comments

  • What about t&c, valid if you've had a card open in the past 12 months?

  • +2

    $95 annual fee. Pass.

    • thats actually quite cheap for the amount of bonus points on offer

      • -1
        • for someone churning from ANZ though its a good option?

          • +1

            @RR88: There’s this also. No annual fee and $600 cashback
            https://www.ozbargain.com.au/node/604095

            • @nightelves: anyone who has ever had a card with HSBC wouldnt say that haha

            • -1

              @nightelves: remember, cashback is taxable, so 600 will shrink depending on your tax bracket. Gift cards are not taxed

              • @archkesha: Ok I did not know that. But this is on a credit statement which I didn’t think applies.

                • @nightelves: I have the HSBC card in your link above. HSBC specifically warn you when you are weighing up your options when redeeming points. In my case it's better to take gift cards over cashback

                  • @archkesha: How is that different to cashback from Cashrewards and I don’t hear anyone mentioning you need to pay tax on those. Also Amex has these cashback offers all the time and I don’t hear anyone mentioning it being taxed.

                    • @nightelves: Now that I'm thinking about it I'm not 100% sure on this. Since HSBC is Hong Kong based maybe the warning is for the HK citizens. I've done a Google, here's ATO's take on gift cards https://www.ato.gov.au/law/view/view.htm?docid=EV/1051281557…
                      I wonder if ATO treats gift cards and cashback the same, i.e. as an incentive

                      • +2

                        @archkesha: well I have you ever taken up an Amex cashback offer and had to declare it for tax purposes. It's exactly the same. Tbh you are overthinking it too much. If it was a problem Ozbargain would know about it.

              • @archkesha: How is cashback taxable if it's for personal use? Just curious
                businesses, yes i can see how it would be.

  • anyone have promo codes for existing card holders for BT other than the standard 3% fee?

  • Website says applicable for existing customers only as we need to provide NAB id.

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