Learn how to apply for the NAB Qantas Rewards Premium Card

I’m interested in the NAB Qantas Rewards Premium Card. What are the next steps?

The NAB Qantas Rewards Premium Card is ideal if you are planning to spend in the short term. That’s because, with the bonus points you will earn by spending  $2,000 on everyday purchases within 60 days of account opening, 70,000 Qantas Points, you will be able to spend in a wide variety of products and stores.

To put it in more exact terms: more than 8,000 products from over 500 leading Australian and international brands.

Also, make sure you enjoy the 1 Qantas Point per $1.50 ratio that is offered for your first $3000 on everyday purchases. After that, the ratio goes to 1 Qantas Point per $3. Although there’s a limit; Qantas Points are capped at $6,000 per statement period.

Enjoy complimentary services, discounts, and other great benefits with the NAB Qantas Rewards Premium Card:

• Complimentary insurances.
• Fraud protection.
• Concierge service.
• Additional cardholder at no extra cost.
• Emergency assistance.
• Visa Premium Access.

A feature that you will enjoy as well, the NAB Qantas Rewards Premium Card has up to 44 days interest-free on purchases. The variable purchase rate is 19.99% p.a., and the annual card fee, $250 p.a. (reduced to $150 for the first year).

Who can apply?

The card is best suited for those who plan to spend, especially in the short term, in order to benefit from the advantages offered by NAB Qantas Rewards Premium Card in the first 60 days.

A significant number of bonus points can also be earned, and both regular travelers and shoppers will benefit from the complimentary insurance policies.

Premium cards like this one are usually granted only to those with a score classified as ‘good’ or better. NAB does not specify a required score for this card.

How to apply?

Applying online

Tap here to begin your process:

If you’re an existing NAB customer, you can:

• save time and use your NAB Internet Banking login to pre-fill your personal and NAB financial details
• and upload recent financial documents (such as payslips and bank statements) in the form. Have these ready to speed up your application.

If you’re a new NAB applicant or don’t have any active NAB accounts, you’ll need to provide at least one of the following forms of ID: an Australian driver’s license, medicare card, Australian passport, or international passport.

The whole process is divided into 3 steps

Step 1. After you have completed the application (~15 minutes), you’ll receive a response in 60 seconds.

Step 2. f you’re conditionally approved, The bank may ask you for additional information or documentation, such as payslips or bank statements.

Step 3. If approved, your physical card will arrive within five working days. Then activate and set up your new card using the NAB app or NAB Internet Banking.

Have these items ready

Be prepared and have the following documents and information ready before you start your application.

•  The maximum credit limit you would like to apply for.
•  Employment details for the past three years.
•  Your financial information – income, assets, debts, and expenses.
•  Your Qantas Frequent Flyer membership number if you’re an existing member (located on a recent statement from Qantas or on your Qantas card).

Is it worth having a NAB Qantas Rewards Premium Card?

.Like any other credit card, and indeed any other product, the answer to this question depends on your goals and needs.

It is definitely a card that will give you a lot of bonuses, so if you are inclined to spend, especially within the 60-day time frame, it will make sense for your financial profile.

You will also enjoy numerous benefits and insurances. Precisely because of this, the card has a $250 p.a. annual fee that has to be factored into your decision.

NAB Qantas Rewards Premium Card vs Capital One Journey Student Rewards

Another card that is designed to reward those who want to spend is the Capital One Journey Student Rewards. With this card, you earn 1% cash back on all spending, plus another 0.25% back for any month when you pay on time. And if in the first 5 months you pay on time, you might get a higher credit line.

That’s it, in only 5 months.

Despite the card’s name, you actually don’t have to be a student to apply. So consider the Capital One Journey Student Rewards Card if you have average credit – 630-689 on average).

Capital One Journey Student Rewards Card has a 0% annual fee and a 28.49% Variable APR.

One nice thing about this card is that it has no foreign transaction fees, so you can save more when traveling than you would with most other credit cards.

NAB Qantas Rewards Premium Card pros:

• Earn 70,000 bonus Qantas Points spending $2,000 on everyday purchases within 60 days of account opening.
• 1 point per $1.50 spent, up to $3,000 spend per month.
• 0% p.a. balance transfer offer for 12 months.
• Enjoy six complimentary insurances.

Capital One Journey Student Rewards Card pros:

• Earns rewards.
• No foreign transaction fees.
• No annual fee.
• Qualify with average credit.

How about getting to know the Capital One Journey Student Rewards Card a little better? Tap on the green button and check it out.

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