Maximise 120,000 Qantas Points on the NAB Qantas Rewards Signature Card with a Competitive Earn Rate
Turn everyday Aussie spend into 120,000 Qantas Points with the NAB Qantas Rewards Signature, using its competitive earn rate, $295 first-year fee and comprehensive travel and purchase cover
If you’re after a way to turn everyday Aussie spending into serious travel, the NAB Qantas Rewards Signature is worth a hard look. With a headline offer of 120,000 Qantas Points and a competitive earn rate, this card is designed for people who want real value from their card spend while enjoying travel and purchase protections.
Strong welcome bonus and practical earn rate
The standout is the 120,000 Qantas Points welcome bonus — enough for major international flights or useful gift card redemptions via the Qantas Marketplace. Meeting the spend thresholds within the promotional window and keeping the account active past the first year unlocks the full bonus.
Beyond the bonus, the NAB Qantas Rewards Signature offers a competitive earn rate on eligible purchases, making it easy to keep accruing Qantas Points on day-to-day spend. Use it for groceries, petrol and bills to stack points quickly while you keep rewards within reach.
Fees, insurance covers and cardholder value
The first-year annual fee is reduced to $295, reverting to $395 thereafter, so weigh the ongoing cost against the point value you expect to redeem. For many frequent travellers or heavy spenders, the points and benefits offset the second-year fee, but it pays to do the maths.
This card also bundles multiple complimentary insurance covers — domestic and international travel, purchase protection, extended warranty and more — which add tangible value and protection for trips and high-value purchases bought on the card.
Smart redemption options and everyday versatility
Qantas Points are flexible, and with 120,000 Qantas Points you can choose flights, upgrades or convert points to Woolworths WISH gift cards via the Qantas Marketplace for everyday savings. That versatility makes the NAB Qantas Rewards Signature appealing for different lifestyles.
Frequent domestic flyers will find the domestic travel cover and point-redemption options particularly handy, while those who prefer everyday value can convert points to retail gift cards. Either way, the card’s rewards program supports varied redemption strategies.
How to maximise your returns with this card
To get the most from the NAB Qantas Rewards Signature, concentrate spend in the qualifying categories during the bonus period, pay the balance in full each month to avoid interest, and monitor targeted NAB or Qantas offers that boost point earnings. Timing larger purchases around the welcome offer can accelerate hitting the threshold for 120,000 Qantas Points.
Regularly check the Qantas Marketplace and promotions for high-value redemptions and use the complimentary insurances to protect purchases and trips. If you travel or spend often, this card can deliver a strong return on the annual fee when used strategically.
Ready to turn everyday spend into travel? Compare your planned annual spend to the earn rate and fees, and if the numbers stack up, applying for the NAB Qantas Rewards Signature could be your fastest route to 120,000 Qantas Points and extra travel peace of mind.