How to Apply for your NAB Rewards Signature Card
The NAB Rewards Signature Card offers up to 180,000 bonus points, uncapped rewards, no international transaction fees, travel insurance, and a $24 fee waiver.
NAB Rewards Signature Card Benefits
The NAB Rewards Card offers a range of benefits designed to enhance both everyday spending and travel experiences:
- Up to 180,000 NAB Rewards Bonus Points: Earn 130,000 bonus points by spending $3,000 on everyday purchases within the first 60 days, plus an extra 50,000 points if you keep the card for over 12 months. That’s enough for $880 in gift cards.
- Fee Waiver on Monthly Fee: The $24 monthly card fee is reversed if you spend $5,000 or more in a statement period, making it an affordable choice for high spenders.
- Uncapped NAB Rewards Points: You can earn points without limits, maximizing your rewards potential.
- Points Structure: 3 points per $1 spent on Webjet purchases, and 1.5 points per $1 spent on eligible purchases up to $15,000 per month, then 0.5 points per $1 after that, with no cap.
- No International Transaction Fees: Enjoy fee-free spending when making purchases overseas.
- Complimentary Mobile Phone Insurance: Coverage for accidental damage and theft of your mobile phone.
- Delayed Flight Lounge Pass: Access to airport lounges when your flight is delayed by 60 minutes or more at selected locations.
- Flexible Point Redemption: redeem points for cashback (12,500 points = $50), shop gift cards from popular brands like Coles and Woolworths, redeem points for travel with Webjet or a range of products from the NAB Rewards Store, auto-redeem points for flybuys, Velocity, or Accor Live Limitless (ALL) programs, and transfer points to various frequent flyer and rewards programs, including Velocity and KrisFlyer.
- Additional Cardholder: Add a supplementary cardholder at no extra cost.
- NAB Concierge Service: Access 24/7 personal assistant services for travel and lifestyle needs.
This card is an excellent option for frequent travelers, high spenders, and those looking to maximize their rewards without the burden of excessive fees.
What You Should Have to Apply
- NAB Account Holder: While not mandatory, having an existing NAB account may streamline the application process.
- Age: Applicants must be at least 18 years old.
- Income: you need to receive a regular income
- Residency: Applicants must be permanent residents of Australia, New Zealand citizens, or non-residents holding an acceptable Temporary Residency Visa
- Credit Rating: A good credit rating can increase your chances of approval
These criteria help ensure that the card is suited for individuals who can fully benefit from its features, offering a balance of rewards and practicality. Also, you may need to provide some documentation like ID or passport, proof of address, proof of income, etc.
Who is This Card For?
The NAB Rewards Signature Card is tailored for individuals who seek a versatile rewards program and want to maximize their spending. It is well-suited for frequent travelers, savvy shoppers, and those who wish to earn points on a wide range of purchases.
The card is also perfect for individuals looking for comprehensive travel insurance and lifestyle benefits, offering a premium experience without the high costs typically associated with rewards cards.
Overall, this card is ideal for those who value a rewarding and flexible credit card experience.
Step-by-Step to Apply for the NAB Rewards Signature Card
- Visit the NAB Website: Navigate to the credit card section to explore the NAB Rewards Signature Card.
- Review Card Details: Understand the card’s features, terms, and benefits to ensure it meets your financial goals.
- Start the Application: Press the “Apply Now” and provide the necessary personal and financial information.
- Submit Required Documents: You may need to provide proof of income, identification, and other necessary documents as part of the application process.
- Wait for Approval: NAB will review your application. Upon approval, the card will be sent to your address.
NAB Rewards Signature Card Pros and Cons
Pros
- Generous Points Earning Rate: Earn 1.5 NAB Rewards Points in every $1 spent on purchases up to $15,000 Rewards Statement period, then 0.5 NAB Rewards Points for every $1 spent.
- Flexible Redemption Options: Redeem points for travel, gift cards, merchandise, and cashback, providing versatility in how you use your rewards.
- Complimentary Travel Insurance: Offers comprehensive coverage for travel emergencies, ensuring peace of mind during your trips.
- Bonus Points Offer: An attractive bonus points offer for new cardholders, providing a head start on rewards accumulation.
- Access to NAB Concierge: 24/7 personal assistance for travel and lifestyle needs, adding convenience to your everyday life.
Cons
- Annual Fee: The card comes with an annual fee, which may not appeal to those who do not fully utilize the rewards program.
- Interest Rate: The standard purchase interest rate can be relatively high, so carrying a balance may incur significant costs.
How to Unlock Your NAB Rewards Signature Card
- Log in to NAB Online Banking: Access the NAB website or mobile app and log in to your account.
- Navigate to Card Services: Select “Activate New Card” from the options.
- Enter Card Details: Provide your card number, expiration date, and other requested information.
- Set Your PIN: Choose a secure PIN for transactions and ATM access.
- Activate the Card: Confirm your details to activate the card for immediate use.
NAB Rewards Signature Card Fees and Tariffs
- Monthly card fee: $24 p.m ($288 p.a.)
- Purchase Interest Rate: 20.99% p.a., applicable to purchases if not paid in full each month.
- Cash Advance Fee: 2% of the transaction amount or a minimum charge, whichever is higher.
- Interest free days on purchases: Up to 44
Understanding these fees helps you manage the card effectively while maximizing its benefits. Responsible use of the card ensures you avoid unnecessary charges and make the most of the rewards program.
Customer Service
- Phone: Call 1300 489 410 from Australia for 24/7 support and +61 3 9322 6624 outside Australia. NAB’s dedicated customer service team is available to assist with inquiries, from account management to rewards redemption, ensuring a smooth banking experience.
- Website: Visit NAB Customer Support for more information, FAQs, and online assistance. The website offers extensive resources to help you understand your card benefits and manage your account efficiently.
- Branches: you can get personal assistance at the nearest branch.
- Mobile App: Use the NAB Mobile Banking App to manage your account, view transactions, and contact customer support directly. The app also provides secure messaging, allowing you to communicate with NAB representatives conveniently.
