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70,000 Qantas Points with NAB Qantas Premium Card ($2000 Spend in 60 Days, $150 Annual Fee for First Year, Save $100) @ NAB

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70,000 Qantas Points with NAB Qantas Premium Card ($2000 Spend in 60 Days, $150 Annual Fee for First Year, Save $100) @ NAB
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Koipanda on 10/08/2022 - 14:02 nab.com.au (3868 clicks)
Last edited 25/12/2022 - 10:26 by 2 other users

NAB is offering an increased signup bonus of 70,000 Qantas Points.

Pro-rata refund available

Details include:

  • Receive 70,000 Qantas Points when you spend $2,000 within the first 60 days from approval.
  • Access to 6 complimentary insurances when you make an eligible purchase
  • Earn 1 Qantas Point per $1.50 spent on eligible purchases up to $3,000 per statement period, then 1 Qantas Point per $3 spent on eligible purchases from $3,001 to $6,000.
  • An additional bonus 1 Qantas Point is earned per $1 spent on Qantas products and services, such as flights and Qantas Club membership.

Offer unavailable to existing NAB cardholders, if closing/transferring from another NAB credit card account or to those who have held a NAB-issued credit card within the last 12 months 18 months.

Financial Credit Card Frequent Flyer Qantas Frequent Flyer Reward Points VISA

Related Stores

National Australia Bank Group (NAB)
National Australia Bank Group (NAB)
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closed Comments

          • goodfella on 31/08/2022 - 15:20
            +1

            @Unacceptable: Don't go with GCs, take a credit refund instead, better value ($600 credit vs $500 cards)

          • KB57 on 31/08/2022 - 15:22
            +1

            @Unacceptable: Already applied for ANZ black for 160k QFF points

            • [Deactivated] on 12/09/2022 - 09:50

              @KB57: link for the 160k ANZ black QFF?

              • KB57 on 12/09/2022 - 10:07

                @[Deactivated]: https://www.anz.com.au/personal/credit-cards/frequent-flyer/…

                You need to be a customer; I opened a Progress Saver Account first (no monthly fees).

                • [Deactivated] on 12/09/2022 - 10:10

                  @KB57: Nice thanks, the link on ozb shows only 100k points.

                • [Deactivated] on 12/09/2022 - 10:10

                  @KB57: btw only $225 back, that means the fee is $200 for 160k points right?

                  • KB57 on 12/09/2022 - 12:08

                    @[Deactivated]: Yep, but you get 160k points which is way more than NAB offer after getting back your out of pocket fee as gift cards from Qantas…

          • poormansfriedchicken on 14/09/2022 - 12:05

            @Unacceptable: how to do this trick?

  • majik on 05/09/2022 - 15:49

    Just here to confirm that I received the full annual fee back after being charged it.
    - Approved for card on 17/08
    - Reached minimum spend for QFF points in first week
    - Got QFF points into QFF account today 05/09
    - Cancelled card and got annual fee reversed.

    • prankster on 28/11/2022 - 07:12

      so they charged me the annual fee already but do you pay everything back so then you can cancel the card and then they netbank you the annual fee reversal?

      • mr_asstight on 28/11/2022 - 08:32
        +1

        Yes they pay back but they pro-rata for me

  • me1stt on 09/09/2022 - 21:39
    +1

    I already have two credit cards and got this one approved instantly. And it's the first time that I don't need to provide payslips. Impressive.

  • Supercool on 14/09/2022 - 11:43

    I paid the account before first billing cycle and was awarded points at end of first month. I called and cancelled and got full fees refunded. So, 70k points for $0.

    • poormansfriedchicken on 14/09/2022 - 12:06

      so i need to signup and purchase 2k by the end of the month and then cancel?

      • Supercool on 14/09/2022 - 12:10

        Yep.. Signup, make the spend & pay it off before first invoice. Points are issued with first statement, as are the fees added to account - make sure the points hit your QFF account before calling to cancel card and ask for a refund of the fees at the same time.

  • poormansfriedchicken on 14/09/2022 - 12:06

    have 21k limit and 10k limit credit cards already what are the chances of me getting this one too?

    • DevlicK on 19/09/2022 - 12:43
      +1

      No one (but the bank) can tell you that as it is determined by your individual financial circumstances

  • arete222 on 21/09/2022 - 01:04

    How about existing NAB debit card holders?
    I’m using a business account from NAB but I have no credit card.

    • CodeXD on 21/09/2022 - 08:57

      I’m using a business account from NAB but I have no credit card.

      As long as you haven't had a NAB Qantas credit card in the last 12 months, you're sweet.

  • DevlicK on 23/09/2022 - 08:58

    So I met the spend criteria before the first statement but bonus points doesn't even show up in the statement?

    I've never owned a NAB credit card before, so unsure why

    • Unacceptable on 23/09/2022 - 10:17

      Bonus points are normally on the statement and the points are transferred to Qantas in a week.

      • DevlicK on 23/09/2022 - 10:26

        Yeah, it hasn't shown up on my statement despite meeting the spend criteria earlier last week. I received the statement on 21st. It showed all the other points I earned from expenditure 1 point per $1.5 spend but not the 70,000 bonus points

        • Brick50 on 23/09/2022 - 10:43

          Does anyone know if all spending is eligible? Can I pay rego/buy gift cards to make the minimum spend?

          • DevlicK on 23/09/2022 - 10:47
            +1

            @Brick50: Generally, gift cards are fine.

            Usually it's bills that won't be eligible but there are ways around it (i.e. using PayPal or Beemit)

    • me1stt on 24/09/2022 - 13:50

      I didn’t get the bonus points either. I will call them on Monday. Need the points for points club 😫

      • Wuffybrother on 28/09/2022 - 19:18

        Did you have any luck? I’m in the same boat

        • me1stt on 29/09/2022 - 10:14
          +1

          Have to wait till the second statement. They can't manually credit the points.

          • WhatWhoWhyUsername on 10/01/2023 - 13:45

            @me1stt: did you end up getting it in the second statement and was able to get the full annual fee refund?

      • mr_asstight on 05/10/2022 - 03:46

        Same thing here

  • Brick50 on 28/09/2022 - 17:36

    What is the cancellation process? Pay balance in full, call up to cancel and then where do they refund the annual fee?

    • Fancydancer on 28/09/2022 - 19:43

      They refunded mine to the card they closed even though they took my account details for the refund. Then a couple of weeks later I contacted them again to request the transfer and still nothing a couple of weeks after that. Have now lodged a complaint and yet to have an outcome. Good luck!

      • Heybargain on 29/09/2022 - 09:23

        mine took quite a couple of weeks for this to happen. best way would be to keep badgering them about them on chat, get them to escalate it.

      • CodeXD on 29/09/2022 - 10:16

        I contacted NAB live chat this morning and they said the annual fee refund has to go back onto the same card, since it is a refund. They take down the bank details so someone can manually transfer it over afterwards. This can take up to 4 weeks.

        • mr_asstight on 29/09/2022 - 11:49

          Noted. I will leave $150 owing so when they repay the card cost it'll net to zero

          • CodeXD on 29/09/2022 - 11:50
            +2

            @mr_asstight: I would suggest you leave the balance as 0 when you close it off and let NAB do their process for you to get your refund back in nominated account.

            Not sure if NAB will actually let you close off credit card with amount owing lol

            • mr_asstight on 19/10/2022 - 09:53

              @CodeXD: @CodeXD how you go with getting your fee refund?

              • CodeXD on 19/10/2022 - 09:59
                +1

                @mr_asstight: $195 still in nab account :(

                • mmd on 22/12/2022 - 13:42

                  @CodeXD: did u get your refund?

                  • CodeXD on 22/12/2022 - 13:56

                    @mmd: Yes I did. Eventually came through to my nominated account

  • Pandamony on 16/12/2022 - 11:21

    I'm not sure when this changed but it now says that the bonus points will only be given when you haven't held a similar card in the past 18 months, it used to be 12 months. I wish that I had read this before I opened the account 😕.

    "This bonus points offer is not available to existing customers who have received or are entitled to receive NAB Qantas Rewards Bonus Points for a new personal NAB Qantas Rewards credit card in the 18 months prior to the opening of a NAB Qantas Rewards Signature Card or a NAB Qantas Rewards Premium Card"

    • CodeXD on 16/12/2022 - 11:26

      Call them and ask if you are eligible for this offer. Don't mention the 18 months and just say you haven't been a member for 12 months. They might be able to apply manually to your account.

      • Pandamony on 16/12/2022 - 12:33

        I called them and they said that as long as I spend the required amount then I will get the bonus points. I did say that I hadn't had a card with them for 12 months but the guy on the phone didn't seem to know anything about that rule. He said that the system will automatically apply the points at the end of the cycle when I have spent the minimum amount.

        • li1123k on 11/04/2023 - 20:20

          DAMN! I also thought it was still 12 months churn rule. I applied the qantas card and got approved today (last one was closed around 14 months ago). Did you get your bonus points automatically? or you have to call to let them manually adjust for you?

          • Pandamony on 12/04/2023 - 09:14
            +1

            @li1123k: The call centre staff seemed clueless, and I didn't get any bonus points. You haven't been charged a fee yet, so you can still call them and cancel the card. You will need to wait 18 months before you apply again though I guess.

            • li1123k on 13/04/2023 - 00:29

              @Pandamony: Thanks mate, I should’ve read t&c before applying, a credit check wasted…
              Will cancel the card asap before the annual fee charged.

  • PMK on 24/12/2022 - 10:48

    So I'm in the process of cancelling this card at the moment. They arent offering any refund for my annual fee ive paid.

    Apparently because i havent had the card for 12 months active they wont refund which doesnt make sense if its annual fee..

    Pro rata its make sense but has anyone got around this?

    If not i may just have to cop losing it to cancel the card.

    Besides this online chat will cancel it and its periodic even if you chat to them tommorrow becuase the chat stays.

    • Koipanda on 24/12/2022 - 10:50

      Call again. Probably bad rep.

      • PMK on 24/12/2022 - 14:05

        Yeah its been a few multiple online chats. Might have to call them. Too bad itll have to be after xmas period with the skeleton staff working if any

  • prankster on 24/12/2022 - 12:17
    +1

    ok so i applied early Nov and then they gave me an early statement in late nov and because i didn't spend 2k i didn't qualify for the points so i had to wait until the next statement today. I got the points confirmed in qantas account but when i called, they said there was a change of refund policy from 1st december so they dont pro-rata/waive the annual fee anymore.

    so just wanted people to be made aware of this if they apply for this card so its essentially like the OP said, its $150 fee regardless how long you have had the card for so $150 for 70k qantas points for this deal moving forward now..

    • CodeXD on 24/12/2022 - 12:23

      they said there was a change of refund policy from 1st december so they dont pro-rata/waive the annual fee anymore.

      If you signed up to it in Nov, you're under the previous policy?

      • Pandamony on 24/12/2022 - 12:59

        The description for this deal still says "Pro-rata refund available". I'm unable to report the deal again, can someone else report this and get the text removed please?

        I wonder if they changed the refund policy at the same time that they changed the wait time for those who have held a NAB-issued credit card from 12 months to 18 months.

        • CodeXD on 24/12/2022 - 12:59

          you can report your previous comment about it for mods to look at

        • prankster on 24/12/2022 - 17:17

          yeah 18 months between NAB issued cards is crappy compared to usual 12 months

      • prankster on 24/12/2022 - 17:17

        i dont know, the guy said he checked with his "manager" and the new rules apply.

        not sure, maybe someone else has better luck or should i call and pursue this with another rep/manager?

  • AussieDeals on 24/12/2022 - 21:31
    +1

    NAB have definitely changed their policy and are no longer offering pro-rata refunds as reported by AFF and members' experiences in this forum thread

    You might be lucky if you had the card before the policy change and get a lenient chat representative but no one should be expecting any refunds going forward on new cards that were applied for in early Dec 2020 onwards

    Same also seems to be applying to Citibank branded credit cards (owned by NAB). The original post needs to be amended to remove this mention of pro-rata refunds available

    • prankster on 25/12/2022 - 07:43

      Good article and yeah exactly what happened to me. I opened in early Nov and then got my statement in end of Nov which is weird as I thought it was 4 weeks from application.

      Anyhow if I knew they would end the pro rata refund then I should have spent the 2k required before the first statement because it’s during the statement issue when they determine to give you the 70k points after 2k

      Since I didn’t spend 2k before the first statement, I had to wait till the 2nd statement (couple of days ago) and confirmed Qantas 70k points but as policy changed when I tried to get the pro rata refund then I got denied due to the new change :(

      Shucks anyhow I hope people now are aware when applying for this card, $150 for 70 Qantas points moving forward

    • offthetap on 10/01/2023 - 14:16
      +1

      i got my card november , points allocated in december and closed card early jan. at first she pushed back when i asked about pro rata the annual fee but eventually gave in and refunded $139 of the $150. got lucky i guess

  • WhatWhoWhyUsername on 10/01/2023 - 13:51

    can anyone recommend a better qantas rewards card deal or is this one still decent regardless if NAB stopped pro-rata refunds?
    thanks

    • claudefrog12345 on 14/01/2023 - 12:39
      +1

      Westpac platinum is 70k for $49 for existing customers or st george is 60k for $49 existing customers.

      Westpac is 4k spend in 3 months, St George is 3k spend in 3 months.

      • WhatWhoWhyUsername on 17/01/2023 - 14:41

        Thanks, I am not existing customers with either of those. I guess NAB is the best one at the moment for me.

        • claudefrog12345 on 18/01/2023 - 16:32

          Up to you. The st george account is free with no monthly criteria to meet. They use to have a sign up bonus too but not sure if that expired.

  • Xizor on 04/04/2023 - 18:00

    Waiting almost 3 weeks now for NAB to turn around this credit card application. 2 times i've followed up they say yes we have what we need just waiting final processing blah blah… They must be grossly under staffed.

  • kriscs1 on 05/04/2023 - 12:00

    Last time I applied for a NAB card, they wanted a letter from every bank who I have previously had a credit card with before stating that the card was no longer open. I just cancelled the application. Has anyone else had this issue? Never had it before with any other credit card (and I've had about 20). Did I just get a dud application rep? I also bank with NAB.

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