NAB Rewards Signature Review (2026)
NAB Rewards Signature Review (2026)Rates and details verified 16 August 2026
Rates can change without notice. Last verified: 16 August 2026 (AEST). Please confirm details on the bank’s official page.
Bonus points
110,000
NAB Rewards Points
Annual fee
$420
waived months you spend $5k+
Intl FX fee
None
no foreign transaction fee
About the NAB Rewards Signature
The NAB Rewards Signature is a premium NAB credit card with a Visa platform and one notable distinction among rewards cards: no international transaction fee. Most rewards cards charge 2–3% on foreign currency purchases, so this card can save meaningfully for frequent travellers or those who shop overseas.
The bonus point offer comprises 80,000 points upfront (on approval and $5,000 spend within 90 days) plus 30,000 points after 12 months. The $420 annual fee is waived in any month where you spend $5,000 or more — effectively free for high spenders. The minimum credit limit is $15,000.
NAB Rewards Points transfer to Velocity Frequent Flyer, KrisFlyer (Singapore Airlines), Air New Zealand Airpoints, flybuys and Accor. Note they cannot be redeemed for Qantas Points — NAB's own card page is explicit about this — so Qantas collectors should look at a direct-earning Qantas card instead.
Bonus Points Breakdown
| Period | Bonus Points | Condition |
|---|---|---|
| Year 1 (first 90 days) | 80,000 pts | On approval + $5,000 spend within 90 days |
| After 12 months | 30,000 pts | Retain card until month 12 |
Verify eligibility and current terms at NAB's website.
Key Card Features
Earning points
- NAB Rewards Points on everyday purchases
- Transfer to Velocity, KrisFlyer, or Airpoints (not Qantas)
- Minimum credit limit: $15,000
Annual fee
- $420/year standard
- Waived any month spend is $5,000+
- 44 interest-free days on purchases
Ongoing Earn Rates
| Spend | NAB Rewards Points per $1 |
|---|---|
| purchases made online with Webjet | 3 pts |
| everyday purchases | 1.5 pts |
| Beyond $15,000 spend per calendar month | 0.5 pts |
Getting Qantas Points with this card
NAB Rewards Points cannot be converted to Qantas Frequent Flyer points — if Qantas Points are your goal, this card isn't the path to them.
Points transfer partners
- Velocity Frequent Flyer — 2 NAB Rewards Points → 1 point
- Singapore Airlines KrisFlyer
- Air New Zealand Airpoints
- flybuys
- Accor Live Limitless
Transfer partner terms (and any joining fees) are set by each program; conversion rates without a figure aren't published by the provider — check before transferring.
Pros and Cons
Pros
- ✓ No international transaction fee — rare on rewards cards
- ✓ $420 annual fee waived in any $5k+ spend month
- ✓ Transfers to Velocity, KrisFlyer, and Airpoints
- ✓ 80,000 points earned in the first 90 days
- ✓ Major bank backing (NAB)
Cons
- ✗ $420/year if spend stays below $5k/month
- ✗ No Qantas Points path — points can't be redeemed for Qantas
- ✗ $15,000 minimum credit limit
- ✗ 30,000 second-year points require keeping the card 12 months
- ✗ 44 interest-free days (less than the 55 days on Amplify Signature)
How It Compares
- St.George Amplify Rewards Signature200,000 pts — over 2y, $199/$295 fee — more points, lower fee
- Qantas Money Premium Card120,000 pts — all yr1 — direct Qantas earning
- NAB Rewards SignatureReviewed here110,000 pts — no intl FX fee — best for travellers
- CommBank Smart Awards40,000 pts — + $100 travel credit, $228/year — lower spend
Compare head-to-head
Related guides
Information verified 16 August 2026. Offers subject to change and eligibility criteria apply. Confirm current terms on NAB's website before applying. This is not financial advice.