NAB Qantas Rewards Signature Review (2026)
NAB Qantas Rewards Signature Review (2026)Rates and details verified 1 October 2026
Rates can change without notice. Last verified: 1 October 2026 (AEST). Please confirm details on the bank’s official page.
Bonus points
60,000
Qantas Points (up to)
Cashback
$200
with the first spend target
Annual fee
$449
charged every year, including the first
Changed on 1 October 2026
NAB lowered the everyday earn rate, raised the annual fee and lifted the purchase rate on 1 October 2026. It also added bonus points on international spend. Everything on this page reflects the card as it is now.
About the NAB Qantas Rewards Signature
This is NAB's dedicated Qantas card, separate from the NAB Rewards range. Points land directly in your Qantas Frequent Flyer account each month, free Qantas Frequent Flyer membership is included, and the welcome offer pairs a large points bonus with a straight cashback.
For new customers the bonus arrives in two parts: 40,000 points plus $200 cashback after the initial spend target, then 20,000 points for keeping the card for 12 months. Existing NAB customers get a larger bonus. You are not eligible if you have held a personal NAB Qantas card in the last 36 months.
Do not confuse this card with the NAB Rewards Signature, which earns NAB Rewards points that cannot be converted to Qantas Points. If Qantas is the goal, this is the NAB card that gets there.
Bonus Breakdown
| Part | Reward | Condition |
|---|---|---|
| First 90 days | 40,000 pts + $200 | Spend $5,000 on everyday purchases |
| After 12 months | 20,000 pts | Keep the card for 12 months |
Ongoing Earn Rates
| Spend | Qantas Points per $1 |
|---|---|
| everyday purchases, first $3,000 per statement period | 0.75 pts |
| additional on international spend (uncapped) | 0.5 pts |
| Beyond $3,000 spend per statement period (no points above $15,000) | 0.25 pts |
Perks and Extras
| Lounge access | None |
| Travel insurance | IncludedComplimentary; cover, limits and activation rules are set by the issuer |
| Concierge | Included |
| Foreign transaction fee | 3.5% |
- Free Qantas Frequent Flyer membership
- Complimentary domestic, interstate and international travel insurance
- 3.5% international transaction fee (the NAB Rewards Signature charges none)
Perks as listed on NAB's card page on 10 September 2026. Eligibility, registration steps and cover limits are set by the issuer and can change.
Pros and Cons
Pros
- ✓ 60,000 Qantas Points plus $200 cashback on one card
- ✓ Direct Qantas earning from a big four bank
- ✓ Free Qantas Frequent Flyer membership
- ✓ Achievable initial spend target
- ✓ Up to 44 interest free days on purchases
Cons
- ✗ Everyday earn rate is low and drops sharply past a modest monthly cap
- ✗ No points at all above the higher spend threshold
- ✗ Bonus excluded if you have held a personal NAB Qantas card in the last 36 months
- ✗ $449 annual fee from the first year
How It Compares
- ANZ Frequent Flyer Black100,000 pts — points + cashback, premium perks
- NAB Qantas Rewards SignatureReviewed here60,000 pts — points + cashback, free QFF membership
- Qantas Money Platinum80,000 pts — whole bonus in year one
- Westpac Altitude Qantas Black150,000 pts — bigger bonus over two years
Compare head-to-head
Related guides
FAQs
How do I earn the 60,000 bonus Qantas Points with the NAB Qantas Rewards Signature?
New customers earn 40,000 bonus Qantas Points plus $200 cashback after spending $5,000 on everyday purchases within 90 days of opening the account, then a further 20,000 points after keeping the card for 12 months. Existing NAB customers get a larger bonus. The offer is not available if you have held a personal NAB Qantas card in the last 36 months.
Does the NAB Qantas Rewards Signature earn Qantas Points directly?
Yes. Points go straight into your Qantas Frequent Flyer account. You earn 0.75 Qantas Points per $1 on everyday purchases up to a monthly statement cap, then 0.25 per $1 up to a higher threshold, and nothing beyond that. International spend earns an extra 0.5 points per $1 with no cap. Free Qantas Frequent Flyer membership is included.
What changed on this card on 1 October 2026?
NAB cut the everyday earn rate, raised the annual fee to $449, lifted the purchase rate and changed the welcome offer on 1 October 2026. It also added a bonus earn rate on international spend. The figures on this page reflect the card as it is now.
Details verified 1 October 2026. Confirm current offers, rates, fees and eligibility with NAB before applying. This is not financial advice.