• long running

NAB Qantas Rewards Signature Card: 90,000 Points ($3000 Spend in 60 Days + $320 1st Year Fee), 30,000 Points 2nd Year ($420 Fee)

990
NAB Qantas Rewards Signature Card: 90,000 Points ($3000 Spend in 60 Days + $320 1st Year Fee), 30,000 Points 2nd Year ($420 Fee)
Go to Deal
Lgoodfella on 21/01/2025 - 17:28 nab.com.au (2333 clicks)
Last edited 21/01/2025 - 18:04

The first card for which I was instantly and unconditionally approved since I joined the game of churning.
So I decided to celebrate with the community by posting my first ever deal.
This is another iteration of previous deals from 2023 and 2022.

New customers:

  • 90,000 bonus Qantas points when you spend $3,000 on everyday purchases within the first 60 days of account opening and 30,000 bonus Qantas points when you keep your card for over 12 months.
  • You'll also enjoy a reduced annual card fee (from $420 to $320) for the first year.
  • Bonus Points are not available if you’ve received a NAB Qantas rewards acquisition bonus points offer in the last 18 months.
  • Bonus points are credited to your points balance within three months of meeting the spend criteria.

Existing customers:

  • All of above plus ongoing reduced annual card fee for life ($320).

Additional info:

  • Minimum credit limit: $15,000
  • Earn 1 Qantas Point per $1 up to $5,000 on everyday purchases using your Visa card.
  • Earn 0.5 Qantas Points per $1 from $5,001 to $20,000.
  • Complimentary insurances for domestic, interstate, and international travel (please read T&Cs).
  • Can use card with Google/Apple Pay after approval, but no digital card details until physical card has arrived.
Financial Credit Card Frequent Flyer Qantas Frequent Flyer Reward Points VISA

Related Stores

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

Comments

  • dealhunter52 on 21/01/2025 - 17:35
    +5

    I just churned mine. One of the decent CC deals out there.

    • Doesnotcompute on 21/01/2025 - 17:47

      Especially if you still hold NABs retired choice package which waive the annual fee for this cc. Paitently waiting to rechurn

    • shegeloaf on 21/01/2025 - 18:51
      +2

      Not worth it. $320/yr

      • dealhunter52 on 21/01/2025 - 19:41
        +5

        If there are better CC deals with 90K QFF and less fee, please do let us know. I'm looking for my next card after churning this one and ANZ Black.

        • wisdomtooth on 22/01/2025 - 07:28
          +1

          How about a DC deal? If you spend $40,000/yr on Bankwest Qantas Transaction card, you get the same 120,000 pts, plus 3 pts/$1,0000 balance, and if you deposit +$2000/mo, there's no annual fee. But ofc nothing stops you from having both.

          • dealhunter52 on 22/01/2025 - 09:43
            +1

            @wisdomtooth: Thanks @wisdomtooth but that's a lot of spend. I spend roughly $1500/month on average ($18,000/yr), I would never be able to meet criteria of $40,000/yr. Good deal for high spenders though.

          • unhappywizard on 22/01/2025 - 16:25
            +1

            @wisdomtooth: are you suggesting you would spend 40k in 1 dollar increments?

          • Mijora1 on 31/01/2025 - 10:17

            @wisdomtooth: plus 3 pts/$1,0000 balance?

            is this a typo? what do you mean? maybe you can clarify or PM me bro im interested

            • wisdomtooth on 31/01/2025 - 16:51

              @Mijora1: I'm just relaying what's in the wiki:

              3 Qantas Points per eligible purchase and 0.3 Qantas Points for every $100 in your account each day on balances up to $50,000. Must deposit $2000 per month.

              Should've written 3 pts/$1000/day (up to $50,000).

        • render on 22/01/2025 - 07:43
          +3

          90k QFF with $225 first year fee (open a Westpac Transaction account, dep $2000/m).

          https://www.ozbargain.com.au/node/888307

          • dealhunter52 on 22/01/2025 - 09:51

            @render: This is good one, up there with ANZ Black. However, they make you wait 24 months now and I'm still few months out before I can apply again.

            Not applicable if you have held an Altitude Platinum or Altitude Black card with Altitude Rewards, Qantas or Velocity in the last 24 months.

    • bobotheclowno on 20/02/2025 - 06:53

      just a side question. I need to spend about 20k for a house reno (have the cash) for things like appliances, furniture, misc thing. Am I missing something if I spread this amount across 3-4 credit cards to get the points. I obviously will be paying a few annual fees, but can pay the amount off straight away. Also, apart from the, stay 12 months and get bonus points, how long before you can close down the card and does this impact further deals?

      thanks….

      • dealhunter52 on 20/02/2025 - 09:14

        You can spread your spend across multiple cards but getting multiple CC approved might be an issue. I usually close down my card within a month of getting bonus points.

  • Heybargain on 21/01/2025 - 17:38
    +7

    Bonus Points are not available if you’ve received a NAB Qantas rewards acquisition bonus points offer in the last 18 months.
    This is the stinger.

    • soundboy5010 on 21/01/2025 - 17:47

      18 months is harsh… I miss 0-12 months…

      • illusion99 on 21/01/2025 - 18:15
        +9

        If you think that’s bad, Westpac and their subsidiary banks are now 24 months.

        • Salternative on 21/01/2025 - 19:43

          Got bonus points for st george card 16 months after my last st george card, the rules changed a month or so before i applied ( october or so) . Still got it , dont know how.

    • Frosty17 on 21/01/2025 - 18:05

      Contact NAB and ask if you're eligible - their system is weird and sometimes it doesn't pick it up.

    • akanub on 21/01/2025 - 20:39

      If I cancelled my card last year but it was opened 2 years ago (which is when I received the bonus points last time), I should still be eligible now given that it's been 24 months now?

      • mkowarkski on 21/01/2025 - 21:34

        It should be 18 months after you closed your card.

    • clownyfish on 21/01/2025 - 21:35
      -1

      Do we know exactly what they deem as "receiving [an …] offer"? This makes a difference.

      If I "receive the offer" when I sign up for a new card, then it's not so bad. I can cancel at month 12, and come back 6+ months later.

      If I "receive the offer" when I receive the bonus points, then now it's a bit longer.

      If I "receive the offer" for as long as I have the card, now I have to wait 18 months after I cancel.

    • cykezero on 22/01/2025 - 08:44
      +1

      Does this mean that if I have a NAB Signature (transfer to Velocity), I can close that off and go straight to this one?

  • theoscat on 21/01/2025 - 17:40

    does any fellow Ozbargainer have any idea if Qantas Point can be converted to Asia Miles / get flight ticket in Cathay?

    • tihir on 21/01/2025 - 18:13
      +1

      Converted no. Get reward ticket yes (assuming there is availability… The availability you see on Asia miles won't be the same as what Qantas members can access)

      • theoscat on 22/01/2025 - 11:06

        thanks mate. was trying to look for sections for conversion but there's none.
        Have been sticking with Asia Miles so probably will stick with the ANZ 180k one

  • WwDesi on 21/01/2025 - 17:41

    Will airlines tickets be included in the spend $3000 in the first 60 days ?

    • soundboy5010 on 21/01/2025 - 17:43
      +1

      Yes

      • Indomie5 on 31/01/2025 - 00:03
        +1

        But don't airlines charge an Amex surcharge? is it worth it?

    • THX on 21/01/2025 - 17:43
      -3

      any spend

      • timhn on 21/01/2025 - 18:46
        +1

        Transactions that don’t earn points include: Cash advances, bank charges, balance transfers, buying foreign exchange or travellers cheques, ATO payments, BPAY® payments, transactions where a cardholder uses a card to access linked transaction accounts, and transactions for gambling or gaming purposes.

        • Budeman on 22/01/2025 - 16:06

          Do you know if crypto exchanges are classed as gambling/gaming by them? If not you could just buy stable coins and then sell once the points have arrived.

          • timhn on 22/01/2025 - 20:00

            @Budeman: Buy some during 1st month then check if you get points for that when they issue the statement.

    • Godric on 21/01/2025 - 18:06
      +1

      Why wouldn't they?

  • jabroni on 21/01/2025 - 17:43
    +1

    im starting to think ill have to churn between qantas and velocity in the off months when im waiting for a 18/24 month expiry on a card

    • soundboy5010 on 21/01/2025 - 17:46

      That was me 12 months ago, but Velocity sucks now with Virgin/SQ growing further apart. Best availability with SQ back then, but now we get a pittance of fares. So back to Qantas I go.

      Churning sucks these days, especially with the 'earn X points after 12 months!' that nobody actually claims…

      If you have a small business (I know not everyone does), start churning those Qantas business reward cards along with personal cards. I've found a good balance between both for 24-36 month rotations.

      • Flutterby on 21/01/2025 - 17:49
        -1

        Still got over 1 million points and no idea what to do with them.

        • jabroni on 21/01/2025 - 17:57

          fly first class to disneyland

        • 0FoxGiven on 21/01/2025 - 18:14

          Sell em for cash

        • illusion99 on 21/01/2025 - 18:16
          +9

          Buy a toaster

        • try2bhelpful on 21/01/2025 - 19:02

          Look for Classic points options on Emirates through Qantas points. We did a joint Business/First from Dubai to Sydney. This lets you both use the First Class lounge in Dubai. You need to be flexible on when you travel.

          • Flutterby on 21/01/2025 - 20:10

            @try2bhelpful: "flexible on when you travel" makes it hard. That's why finding the QF points are pretty hopeless. Even domestic tickets are harder to come by these days

            So far being paying for business flights at own expense.

          • bawdygeorge on 22/01/2025 - 07:17

            @try2bhelpful: What are the taxes/fees for that?

        • Craze on 21/01/2025 - 22:08

          Wow, which airline- Qantas?

      • gidxg03 on 21/01/2025 - 17:53
        +6

        Virgin have just dropped a load of flights to Doha in business class with Qatar in Q suites (they are saying triple no of award flights). Ive learnt the best point collecting strategy is diversification so collecting Qantas and velocity is a good strategy imo.

        • soundboy5010 on 21/01/2025 - 17:57
          +3

          Personal preferences I guess, not a fan of Qatar's offering and inconsistency across cabins (yes, I know they have the Q Suites guarantee, but that's not useful for non-Q flights in the first place).

          At least SQ has lay flat seats on near all regional, and all international configurations; and a much better trained crew/operations.

      • digitalane on 21/01/2025 - 19:50

        Do you get sign up points if you take a business card from someone you already hold a personal one for? (I know Amex restrict this)

      • OzFrugie on 21/01/2025 - 20:16

        If you have a small business (I know not everyone does), start churning those Qantas business reward cards along with personal cards

        Dont they assess you on your name, not entity, so regardless your business has the card, your name will still be the one used for eligibility criteria?

        • digitalane on 21/01/2025 - 20:41

          Most do. But nothing seems to specifically exclude you from getting it in the terms and conditions.

        • soundboy5010 on 21/01/2025 - 20:51

          Not from what I've found for a few cards. Amex doesn't allow it, but NAB does for instance.

  • ddhar on 21/01/2025 - 17:48

    Great card. Currently have this for the second time and also keeping it until its anniversary (I have spends and travel insurance requirements that this card covers perfectly).

    • gidxg03 on 21/01/2025 - 17:57

      The insurance is actually quite good on this card. International (only need to spend $500 on flights/accom etc to activate) and domestic. Purchase protection (90 days) and extended warranty (only 1 year max though) as well.

      • ddhar on 21/01/2025 - 19:27

        Worth noting the car hire excess cover is very usable too.

  • Miyagi on 21/01/2025 - 17:48
    -1

    Is annual fee charged at the start or conclusion of the relevant year?

    • ddhar on 21/01/2025 - 17:50

      Charged on first statement.

      • Miyagi on 21/01/2025 - 17:50

        Thank you sir

    • timhn on 21/01/2025 - 18:50
      +1

      Most of them either charge in first statement or as soon as you activated the card.

  • mrshorty on 21/01/2025 - 17:50
    +7

    Premium card with the lower annual fee $195 for 60k points in 1st year
    https://www.nab.com.au/personal/credit-cards/qantas-rewards/…

  • strikerzebra on 21/01/2025 - 17:53

    If you had the nab rewards (non Qantas) within 18 months we are still eligible ?

    • soundboy5010 on 21/01/2025 - 17:58
      +5

      Yes

      Bonus Points are not available if you’ve received a NAB Qantas rewards acquisition bonus points offer in the last 18 months.

  • SnowDragon on 21/01/2025 - 17:58

    Takes forever to get the points with NAB.

    • hmac on 21/01/2025 - 18:04

      Took him nearly a whole additional statement period to credit the points

    • 69dollars on 21/01/2025 - 21:15
      +1

      Reached min spend on my first statement and I just received my second statement and still no bonus points. Going to call up tomorrow again to tell them to credit my points (even though it says it could take up to 90 days…)

      • mkowarkski on 21/01/2025 - 21:36
        +2

        For me it took about 30-40 days to receive points after I got qualified.
        They have changed their system to issue points after about 1 month

      • rvsure on 21/01/2025 - 21:59
        +1

        I received an email confirming I have met the min spend criteria and with an ETA for points to be credited after my second statement.

  • Save Medicare on 21/01/2025 - 18:02

    If instantly approved do you get the digital card immediately? Need to spend $5500 to pay for a quiz tomorrow

    • goodfella on 21/01/2025 - 18:02

      Apple/Google pay only unfortunately, will update the post

    • KH234 on 21/01/2025 - 18:49

      Will get approval instantly ?

      • timhn on 21/01/2025 - 18:54

        May be not instantly but at least few hours after submitted application & relevant docs. Very rare cases may be only to whoever have salary into NAB.

    • Kmartsecurityguard on 22/01/2025 - 07:40

      Need to send payslips for verification or proof of income you state. Takes a day at least for the turn around to Apple wallet activation. I just did this Monday night before seeing this post and full approval came through yesterday and was able to activate on apple wallet last night around 7pm.

      You won’t get “instant approval” the way you think, instant essentially means at least a day for Nab from application to approval and then card activation on Apple wallet.

  • paultiffen on 21/01/2025 - 18:10
    +1

    I just closed a citi prestige card. Does that have any impact with NAB seeing as they took over the citi business?

    • Phesto on 21/01/2025 - 18:14
      +3

      no

  • adrianhughes1998 on 21/01/2025 - 18:23

    Damn hopefully this is the start of points offers getting better again. With Qantas decreasing classic rewards seats then maybe that will happen ..

    • ayaka on 22/01/2025 - 00:06

      hey, what do you mean Qantas decreasing classic rewards seats?

      • vetopower on 22/01/2025 - 07:48
        +1

        Classic Plus replacing Classic awards on in-demand routes in premium cabins — 2x to 4x more expensive.

  • Drakesy on 21/01/2025 - 18:26
    +1

    Sorry but this is a pretty poor AF/bonus point ratio.

    ANZ would pip this.

  • Ozfanmel on 21/01/2025 - 18:27

    HI, will get approval instantly or need to submit support documents?

    • timhn on 21/01/2025 - 18:57

      Do you bank with NAB? Never heard an unsecured loan can get approved instantly without any verification by a human.

      You may get ”conditional approval" first.

      • Ozfanmel on 21/01/2025 - 20:17

        i mean conditional approval only.

    • clownyfish on 21/01/2025 - 21:40

      I was approved with no documents within 5 hours of submission. I use NAB for my everyday banking, but not for assets.

  • mahdoo on 21/01/2025 - 18:41
    +13

    $320 for 90k points? How far have we fallen to think this is a good deal?

    Are the QFF cards really just this bad right now?

    Not only is it extremely hard to get classic rewards flights right now, but accruing the points is getting really expensive.. Feels like the end of QFF point churn.

    • theredrabitt on 21/01/2025 - 19:06
      +1

      I tend to agree. ANZ Visa card is 90k points for $220 (once $200 refunded) IIRC.

      Agree classic flights rewards are harder than ever to find - but still possible. Recently booked Europe around school holidays - but it took 3 seperate bookings (Finnair excellent availability) and going via HKG rather than SIN and then 2 seperate one-way Qantas flights. And didn't get the exact return dates needed. So yeah, sux

      • localhost on 21/01/2025 - 19:10
        +2

        I am not that old, but still remember deals 2-3y back when 90k points card was with 0 fee for first year…

      • mahdoo on 21/01/2025 - 19:31
        +5

        This card used to be 100k points for $195

        • Craze on 21/01/2025 - 22:09

          Covid times were good for CC deals- that ship has sailed now!

          • mahdoo on 21/01/2025 - 22:29
            +2

            @Craze: That wasn't even a good deal during Covid times. Anz did 160k points for $170 during covid.

      • mahdoo on 21/01/2025 - 19:48

        Yeah I managed to get Europe, after days of searching.. But zero flights to London, and very few flights on Qantas. Going frankfurt & Amsterdam with partner airlines.

        Cleared out my points now, so honestly if this is what we're getting right now I think I'll change what I churn for. I'll take a look at velocity..

        • adrianhughes1998 on 21/01/2025 - 20:27
          +1

          I've booked flights from Singapore to Frankfurt using velocity. That's my approach, having feet in both camps. Use Qantas for South Africa and Pacific islands, velocity for Europe

    • Nebargains on 21/01/2025 - 21:04

      Yep, wasn't that long ago that there were regular deals where the first year fee was waived.

    • vetopower on 22/01/2025 - 07:49
      +1

      The golden days of churning are well behind us.

  • welcomeUniverseWorld on 21/01/2025 - 18:54

    Doesn't your credit report get hit when you churn credit cards?

    • sh4hp on 21/01/2025 - 19:05

      Yup. I think it's 6 months churn cycles to avoid a large hit?

      • Phesto on 21/01/2025 - 19:45
        +2

        I did 8 last year, doesn't matter.

    • mahdoo on 21/01/2025 - 19:34
      +3

      Yeah but why does that matter?

      Credit score itself doesn't really matter in AU. Credit history does. The impact credit card churning does to your credit file is negligible

      • sh4hp on 21/01/2025 - 19:59

        Right. My mortgage broker told me otherwise though.

        Like the current bank I am with wanted a really good score or something?

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