NAB Qantas Rewards Premium Review

Maximize your rewards and elevate your lifestyle with premium perks, travel benefits, and more!

The NAB Qantas Rewards Premium card is designed for individuals who want more from their everyday spending. It’s a card that not only provides convenience but also opens up opportunities for those seeking a little extra in life.

With this card, you can enjoy benefits that go beyond the standard offerings. Whether it’s related to travel or rewards, this product is packed with features that are tailored to enhance your overall experience.

A Premium Card, A Premium Lifestyle  

•  Maximized Points: The NAB Qantas Rewards Premium lets you earn more points with every dollar you spend. Unlike many cards, it offers a superior rate of accumulation, giving you more value over time. Whether you’re shopping for groceries, paying bills, or making large purchases, you’ll see your rewards build up quickly.

•  Travel Perks: Cardholders get access to exclusive travel benefits, perfect for frequent flyers or those planning a vacation. You’ll enjoy travel insurance and other protections, ensuring peace of mind during your journeys. These perks are designed to make your trips smoother, safer, and more enjoyable.

•  Flexibility with Rewards: With a variety of ways to redeem points, you’re not locked into one option. Whether you’re looking to book a flight, upgrade your seat, or even cash in your points for merchandise, the NAB Qantas Rewards Premium ensures flexibility in how you enjoy your rewards.

•  Global Acceptance: The NAB Qantas Rewards Premium is accepted worldwide, making it ideal for international travelers. You won’t have to worry about finding places that take your card, providing you with financial security wherever you go.

•  Access to Special Events: As a cardholder, you could be invited to exclusive events, giving you unique experiences others might not have access to. From concerts to special dining opportunities, this card unlocks doors to memorable occasions.

•  Purchase Protection: Shopping is safer with the NAB Qantas Rewards Premium. Purchases made with the card often come with extended warranties or purchase protection, ensuring that your items are covered for longer than usual. This is a huge advantage when buying expensive or high tech items.

•  High Spending Limits: This card offers generous spending limits, providing financial flexibility whether you’re planning a large purchase or simply covering daily expenses. High limits also give you room to manage your credit usage more efficiently, potentially improving your credit score over time.

•  Competitive Interest Rates: Despite the premium features, the card maintains competitive interest rates compared to other high end rewards cards. 

•  Customer Support: NAB is known for its strong customer service, ensuring that if any issues arise, they are addressed promptly and professionally.

Qualification Requirements

•  Australian Residency: Applicants must be Australian residents to qualify for the NAB Qantas Rewards Premium. Proof of residency is required to move forward in the application process, ensuring that the card remains available to locals.

•  Minimum Age: You must be at least 18 years old to apply for this card. This age requirement ensures that applicants are legally eligible to enter into a credit agreement.

•  Good Credit Standing: Applicants should have a solid credit history. A good credit score indicates that you are financially responsible and more likely to meet the repayment terms.

•  Proof of Income:To apply, you need to provide documentation proving that you meet the minimum income requirements. 

•  Employed or SelfEmployed: Being employed or self employed is another prerequisite. Regular income from employment or business ensures that applicants have the financial stability required to manage a premium credit card.

•  No Bankruptcy History: Applicants must not have a history of bankruptcy. This ensures that they have a sound financial background and are not facing ongoing legal or financial complications.

How to Apply for The NAB Qantas Rewards Premium

•  Visit NAB’s Website: Head to the official NAB website to begin the application process. You’ll find the necessary application forms along with helpful resources to guide you through each step.

•  Fill Out the Application Form: Complete the online application form by providing personal details such as your name, address, and contact information. This step is crucial as it allows NAB to process your application efficiently.

•  Submit Proof of Income: As part of the application, you’ll need to upload proof of income. This could include pay stubs, tax returns, or business financials if you’re self employed. Ensure all documents are accurate and uptodate.

•  Credit Check Authorization: During the application process, you’ll need to consent to a credit check. NAB will use this information to evaluate your eligibility based on your financial history.

•  Wait for Approval: Once submitted, NAB will review your application. This process may take a few days, during which your credit history and income will be assessed.

•  Activate Your Card: Upon approval, your NAB Qantas Rewards Premium card will be mailed to you. Activate the card online or by phone, and you’re ready to start earning rewards!

Frequently Asked Questions

What is the annual fee?  

The annual fee for the NAB Qantas Rewards Premium is $295. However, enjoy a $100 reduction in annual card fee during the first year.

Can I earn bonus points?  

Yes, there are often promotional periods where you can earn bonus points for specific purchases.

What is the interest rate?  

The card’s interest rate is competitive and varies based on your credit score and other factors.

How soon will I receive my card?  

Once approved, your card typically arrives within 710 business days.