NAB Rewards Signature Card
- Bonus points
- 180,000
- Purchase rate
- 20.99% p.a.
- Reward points per $ spent
- 1.5
- Annual fee
- $288 p.a.
Our verdict
Offers up to 3 NAB Rewards Points per $1 for online purchases made with Webjet and no international transaction fees, with a $24 monthly fee.
The NAB Rewards Signature Credit Card is suited to big spenders and earners, with a high minimum credit limit of $15,000. It earns 1.5 NAB Rewards Points per $1 on eligible purchases up to $15,000 per month, then 0.5 points per $1 thereafter (uncapped). It also has higher rates of up to 3 points per $1 for online purchases made with Webjet. Rewards include gift cards, retail items, cash back and point transfers to Velocity Frequent Flyer, Cathay Membership Programme, Singapore Airlines, Air New Zealand, Flybuys and Accor Live Limitless (ALL). It also offers perks similar to what you can get with other premium credit cards, including a concierge service and Visa Premium offers. Weighing the value of these features against the card's monthly fee can help you decide if it's right for you.
Pros
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Up to 180,000 bonus NAB Rewards Points
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0% international transaction fees
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3 NAB Rewards Points per $1 made online with Webjet
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Complimentary delayed flight lounge pass
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0% p.a. on balance transfers for 12 months
Cons
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Need to keep the card for at least 12 months to get the full amount of bonus points
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Need to spend at least $5,000 in a statement period for the $24 monthly fee to be reversed
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Balance transfer offer has a 3% balance transfer fee
Details
Product details
Product Name | NAB Rewards Signature Card |
Balance transfer rate p.a. | 0% for 12 months with 3% balance transfer fee, then 21.74% |
Balance transfer limit | 90% of available limit |
Purchase rate p.a. | Purchase rate p.a. 20.99% |
Interest-free period | Up to 44 days on purchases |
Cash advance rate p.a. | 21.74% |
Min credit limit | $15,000 |
Max credit limit | $75,000 |
Card type | Visa |
Eligibility
Available to temporary residents | Yes - Conditions apply |
Joint application | No |
Rewards
Rewards program | NAB Rewards |
Bonus points | 180,000 |
Rewards points per $ spent | 1.5 |
Fees
Annual fee | Annual fee $288 |
Minimum monthly repayment | 2% of the closing balance or $25, whichever is greater |
Late payment fee | $15 |
Foreign currency conversion fee | Foreign currency conversion fee 0% |
Cash advance fee | 3% or $3, whichever is greater |
Overseas ATM withdrawal fee | $5 |
Number of additional cardholders | 1 |