NAB Rewards Signature Review (2026)
NAB Rewards Signature Review (2026)Rates and details verified 14 September 2026
Rates can change without notice. Last verified: 14 September 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. Qantas collectors need a card that earns Qantas Points directly, such as NAB's own Qantas Rewards Signature or the other direct earners in our Qantas cards guide.
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 don't convert to Qantas Points — Qantas earning is offered through a separate variant of this card. Read our review of the Qantas variant →
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.
Perks and Extras
| Lounge access | None |
| Travel insurance | IncludedComplimentary; cover, limits and activation rules are set by the issuer |
| Concierge | Included |
| Foreign transaction fee | None |
- Delayed flight lounge pass (LoungeKey) when your flight is delayed 60 minutes or more
- No international transaction fees
- Purchase protection and extended warranty insurance
- Rental vehicle excess insurance in Australia
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
- ✓ 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 path on this card (NAB's separate Qantas Rewards cards fill that gap)
- ✗ $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 Platinum80,000 pts — all yr1 — direct Qantas earning
- NAB Rewards SignatureReviewed here110,000 pts — no intl FX fee — best for travellers
- CommBank Smart Awards— — $228/year waivable fee — no current bonus
Compare head-to-head
Related guides
Information verified 14 September 2026. Offers subject to change and eligibility criteria apply. Confirm current terms on NAB's website before applying. This is not financial advice.