90,000 BONUS QANTAS POINTS on a new NAB Qantas Rewards Signature Card when you spend $3,000 in the first 60 days. You can get additional 30,000 bonus Qantas Points when you keep your card open for over 12 months.
A reduced annual card fee of $295 for the first year so additional 30k points will cost you another annual fee of $395.
Interest Free days are 44.
Would they offer pro-rata refund on annual fee?
If you're a shareholder maybe. If not, I'm guessing it's unlikely.
How many shares would you need to buy?
@nightelves: https://www.nab.com.au/about-us/shareholder-centre/sharehold…
Looks like maybe not now anyway.
People had been selling these points here for 1.2 cents each, so this (1.33 c/point) is not good value but I wouldn't call it bad.
I know people list for 1.2c but has anyone actually sold for 1.2c?
How do you sell points
Unless you're on package home loan then you may want to keep it for free, and you just pay $395 for the home loan annual fee.
Title is misleading. Should read 90,000 Points for $295 Annual Fee.
Fixed it
Hate when titles get you excited! 90k points for $295 or 120k for $690.
Seems more are getting wise to the churners unfortunately.
Seems more are getting wise to the churners unfortunately.
I just got approved for ANZ 120k QFF :D:D:D:D
Heres my list of bonus points earned from cards since 2016:
80000
80000
90000
110000
60000
100000
100000
80000
90000
120000
Total 910,000
Wow that's lot of points
Did you end of using them or sell?
Sold most. Bought some Bose Q35's for about 60,000 when they were on sale ages ago at QFF store, but rest sold for cash.
FYI my credit rating is "very good" 800+ and seems to go up every time i get approved for a new card.
Unfortunately Qantas points are not what they used to be after the devaluation.
Yeah but still selling for 1c/point though.
Not saying there aren't deals (have a similar scorecard), just trending the wrong way with multi month/year bonuses becoming more common lately.
Also each to their own, but missing out on some cracker flights! $8-9k via selling is impressive, but would near have that covered with just a 120k Emirates First Class redemption ($80 taxes) HK to Moscow last year.
Getting value for points (10c vs 1c) and travelling like a boss is the fun part!
Agreed but I have little kids and flight redemption like first class is a long way away for me personally so I decided to sell for cash.
Better value deals have come up before: ANZ Black $250 for 120k points, Citibank $0 for 100k, Westpac Black $0 120k, St George Signature $0 90k
There's always atleast one promotion running on the above list, unless you've already burned through them like me then NAB is the last resort
NB Some/all will still charge a $49 qantas points fee each year, even in yr1
Wait, Westpac and St George are not $0? they all have annual fees which are no longer waived.
Applied for a Westpac last year that had $0 annual fees and 80k velocity points. Got great value out of it.
Agree. Great value and don’t need to use flights etc. Cost zero as didn’t get charged $50 velocity fee.
The promotions come and go so if it's not $0 right now, it will be in a month or so.
Hence why we rotate through the above cards
Unlikely for NAB.
where do you mostly check where each of these vendors have a deal going on?
Come on NAB, you can do better than a $295 annual (still requiring a 3k spend!)
Not sure if Nab still does it but if you cancel within 60 days you end up getting your annual fee back. That’s what they told me when I cancelled. But then again this was when their system wasn’t crediting people with Qantas points and people ended up getting compo and annual fees waived.
If anyone wants to know roughly how many points required to travel to destinations:
what is the minimum income required for qualify for this card?
does the travel insurance cover for spouse too? or only the cardholder?
Looks like they increased this to 100k first year + 30k 2nd year?
https://www.nab.com.au/personal/credit-cards/qantas-rewards/…
received my bonus points pretty quickly.
they don't wait the full 60 days to make sure no reversals.
Make sure you cancel before the 12 months is up. 30,000 points ($300) for an additional $395 is bad value.