- The $24 monthly fee is waived if you spend more than $5000 in a statement period
- No international transaction fees on overseas purchases
- NAB Rewards points can now be automatically converted to Accor Live Limitless points for travel discounts
- 0% p.a. for 12 months on balance transfers with a one off 3% balance transfer fee. Reverts to variable cash advance rate of 21.74% p.a.
- Earn 1.5 NAB Rewards Points per $1 spent on eligible purchases (up to $15,000 in a statement period, then 0.5 points uncapped)
- Enjoy complimentary international and domestic travel insurances, including rental vehicle excess cover in Australia
- Complimentary Flight Delay Lounge Passes for when your flight is delayed by at least 60 minutes
- Up to 44 interest-free days on purchases
- 24/7 NAB Concierge
- Enabled for Apple Pay, Google Pay, Fitbit Pay, Garmin Pay and Samsung Pay
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NAB Credit Cards
NAB Rewards Signature Credit Card
Updated 20 January 2025
Earn uncapped NAB Rewards Points on your daily purchases. The $24 monthly fee is waived if you spend $5000 each month, and you won't pay foreign transaction fees on overseas purchases.
Enjoy great travel extras, including travel insurance, mobile phone insurance, and a Flight Delay Lounge Pass. Points can be redeemed from the NAB Rewards store or convert to frequent flyer points or Accor Live Limitless points for travel savings, privileges, and experiences.
Terms and conditions apply.
Points Earn Rate (per $1 spent)
1.5 points
NABRewards Program
NAB Rewards
Bonus Points
N/A pts
Pros and cons
- 3% balance transfer fee
- Points are uncapped but you'll earn Earning points are tiered, so you'll earn less after spending $15,000 in a statement period
Creditcard.com.au review
Editor Review
NAB Rewards Signature Credit Card
Pauline Hatch
Pauline is a personal finance expert at CreditCard.com.au, with 9 years in money, budgeting and property reporting under her belt. Ask Pauline a Question about this card.
If you want something more from your credit card, perhaps the NAB Rewards Signature Credit Card is for you. Designed to offer prestige perks, this rewards card lets you earn as you spend on NAB’s own rewards program while enjoying a number of excellent features and benefits.
* Just be aware that to be eligible for the bonus points, you can’t be an existing NAB customer who has already applied for or is currently entitled to NAB Rewards Bonus points for a new home loan or personal credit card within 18 months of applying for the NAB Rewards Platinum credit card.
NAB has also partnered with Accor, giving you the chance to convert your NAB Rewards points into Accor Live Limitless (ALL) points and redeem them for hotel stays. 6 NAB Rewards points equals 1 ALL point, which you can set up as an automatic transfer for convert manually in batches of 3000 NAB Rewards points. You can also transfer points to NAB's partner airline programs like flybuys, Velocity Frequent Flyer, KrisFlyer, Cathay Pacific and Airpoints.
Giving this card even more travel perks, NAB is also waiving foreign transaction fees on overseas purchases and offering a Flight Delay Lounge Pass if your flight is delayed by more than 60 minutes at selected airports.
So, with all those perks in mind, let’s look a little closer at this prestige card to find out if it’s got what it takes to keep you happy as a cardholder.
What we love...
As for your everyday earn rate, this card allows you to earn 1.5 NAB Rewards Points per $1 spent on everyday purchases, but once you've spent $15,000 on the card in a statement period the rate drops to 0.5 points. As a bonus, you'll earn 3 points when you spend with Webjet. You can buy any seat on any airline at any time.
And, while it may not be the big headliner here, there is a balance transfer offer available as well. If you want to pay down existing credit card debt, you could transfer it to the NAB Rewards Signature Credit Card to benefit from 0% p.a. on balance transfers for 12 months with a 3% balance transfer fee.
⚠ NAB allows transfers from most non-NAB cards, but also lists several brands that aren’t compatible with its transfer process. These include Bendigo Bank, ING, Latitude Finance, Great Southern Bank, Heritage Bank, Adelaide Bank, credit unions and Amex.
Adding more to the awesome offers of this card is the potential to waive the monthly fee. If you spend $5000 or more in a statement period, your monthly fee is reversed. That's a great perk if you think you'll spend more than the minimum each month.
What’s not so great...
What should you know before you apply for the NAB Rewards Signature Credit Card? Well, as you would expect from a prestige card, there is high minimum credit limit of $15,000 and relatively high interest rate on purchases and cash advances.
You'll get the most value out of this card by paying the off the full balance each month and avoiding interest charges.What’s also also worth bearing in mind is that once the 0% p.a. balance transfer period ends, you'll be charged the variable cash advance rate of 21.74% p.a., so it's best to try to pay off the balance transfer before the 12 months is up.
Why should you choose this card?
If you love the bonus Points on offer and the earn rate available, you may be interested in some of the other features this card could provide. With the NAB Concierge Service, you have your own personal assistant available 24/7 for travel and lifestyle services.
On top of that, you have a raft of complimentary insurances covering you, including domestic and international travel insurances, rental vehicle excess cover in Australia, and mobile phone insurance. You'll also get purchase protection insurance and extended warranty insurance .
Overall Rating
A prestige card that earns points on the NAB Rewards program, offering 0% p.a. for 12 months on balance transfers, and the opportunity to waive the monthly fee and a swag of convenient features and benefits.
User reviews
Rates and fees
Interest rates
Purchase rate 20.99% p.a.
Cash advance rate 21.74% p.a.
Interest free period on purchases up to 44 days
Balance transfer
Balance transfer rate 0% p.a. for 12 months
Balance transfer revert rate 21.74% p.a.
Balance transfer from personal loan No
Balance transfer fee 3% one off
Balance transfer limit 90% of approved credit limit
Brands you can't balance transfer from NAB
Credit limits
Minimum credit limit $15,000
Maximum credit limit $75,000
Fees & repayments
Annual fee $24/Month p.a.
Additional cardholder fee $0 p.a.
Foreign transaction fee 0%
Minimum repayment 2% or $25 whichever is greater
Cash advance fee 3% or $3 whichever is greater
Late payment fee $15
Rewards and points
Rewards program
Rewards Program
NAB Rewards
Bonus points N/A points
Annual points cap uncapped
Bonus points spend criteria
Earning points with this card
NAB Rewards points 1.5 points per $1 spent
Points cap per month N/A
Overseas earn rate same as standard earn rate
Additional features
Complimentary insurance
International Travel Insurance Yes - up to 6 months
Flight Inconvenience Insurance No
Transit Accident Insurance No
Smartphone Screen Insurance No
Purchase Protection Insurance Yes
Extended Warranty Insurance Yes
Rental Vehicle Excess In Australia Insurance Yes
Extras
Travel insurance underwritten by Allianz Australia Insurance Limited
Enabled for Apple Pay, Google Pay, Fitbit Pay, Garmin Pay and Samsung Pay
Overview
NAB Rewards Signature Credit Card
Key features
- Earn rate 1.5 NAB Rewards Points per $1 spent on eligible purchases up to $15,000 per statement period, then 0.5 points
- Points can be automatically converted to Accor Live Limitless points or partnering frequent flyer programs
- 0% p.a. for 12 months on balance transfers with a one off 3% balance transfer fee. Reverts to variable cash advance rate of 21.74% p.a.
- Enjoy complimentary international and domestic travel insurances plus mobile phone insurance
- The complimentary Flight Delay Lounge Pass lets you relax in style if your eligible flight is delayed by more than 60 minutes
- Reduced annual fee of $145 for the first year, currently $295
- Variable Purchase rate: 20.99% p.a.
- Up to 44 interest-free days on purchases
- Your own 24/7 personal assistant for travel and lifestyle services with NAB Concierge
- Tap and pay your way. Enabled for Apple Pay, Google Pay, Fitbit Pay, Garmin Pay and Samsung Pay
Minimum criteria to apply for this card
-
Be over 18 years old
-
Good Credit and have not applied for multiple credit cards recently
-
Australian or New Zealand citizen, Australian Permanent Resident or non-resident holding an acceptable Temporary Residency Visa
You have your personal details ready to complete the online application
Pauline is a personal finance expert at CreditCard.com.au, with 9 years in money, budgeting and property reporting under her belt. Pauline is passionate about seeing Aussies win by making their money – and their credit cards – work smarter, harder and bigger
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