NAB Rewards Signature Review (2026)
Rates and details verified 18 May 2026
Rates can change without notice. Last verified: 18 May 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 Qantas Frequent Flyer, Velocity Frequent Flyer, and KrisFlyer (Singapore Airlines), offering solid flexibility for frequent flyer redemptions.
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 Qantas, Velocity, or KrisFlyer
- Minimum credit limit: $15,000
Annual fee
- $420/year standard
- Waived any month spend is $5,000+
- 44 interest-free days on purchases
Pros and Cons
Pros
- ✓ No international transaction fee — rare on rewards cards
- ✓ $420 annual fee waived in any $5k+ spend month
- ✓ Transfers to Qantas, Velocity, and KrisFlyer
- ✓ 80,000 points earned in the first 90 days
- ✓ Major bank backing (NAB)
Cons
- ✗ $420/year if spend stays below $5k/month
- ✗ $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 Signature: 200k pts over 2y, $199/$295 fee — more points, lower fee
- Qantas Money Premium: 120k pts all yr1 — direct Qantas earning
- NAB Rewards Signature: 110k pts, no intl FX fee — best for travellers
- CommBank Smart Awards: 40k pts + $100 travel credit, $228/year — lower spend
Information verified 18 May 2026. Offers subject to change and eligibility criteria apply. Confirm current terms on NAB's website before applying. This is not financial advice.