NAB Rewards Platinum Card
Churn value: $224 in flights.
You pay $195 in first-year fees.Spend $3,000 in 90 days.You get 27,916 Krisflyer points, worth about $419 in flights.
The recorded minimum requirements are that you can take a credit limit of at least $3,000. Meeting them does not guarantee approval.
It is only worth it if you pay in full each month and close the card before the next $195 fee.
Available
This page is my best effort to summarise the card's terms from the information I found. Read the bank's terms for full details, or contact the bank if you have questions.
I'd like to use my bonus for:
Can I get this?
This offer is advertised to the public. Bonus conditions and the bank’s approval requirements still apply.
Can I get this bonus if I have held a card before?
Bonus points are not available to customers who currently hold, or have held, any personal NAB Rewards Credit Card in the last 24 months. The wait is 24 months, from the last date you held one of these cards. If you hold one now, you cannot get this bonus.
See the waiting rules for every Australian bank →What must I spend?
$3,000 within 90 days — about $1,000 per month.
Can I get the card?
The minimum credit limit is $3,000. This is the least the bank may let you borrow.
I do not have a minimum income for this card.
Meeting the bonus rules does not mean the bank will approve your application. The bank must assess and approve the card separately.
How long is this available?
I do not have an end date for this offer.
What do I do, step by step?
- Apply. Check the income and waiting rules in “Can I get this?” first. If you do not pass those, the bonus does not come.
- Spend $3,000 in 90 days on bills and shopping you had to pay anyway. Do not buy extra things just to hit the number.
- Pay in full each month. Interest can eat the whole bonus. The churn value at the top assumes you never pay interest.
- Use the points for flights. Points you never use are worth zero.
- Close the card before the next fee — keeping it costs $195 a year. The next section helps you decide if keeping it is worth it.
When this is not worth it
- You pay interest, or you cannot pay in full each month.
- You buy things you do not need to hit the spend target.
- You have no trip or use in mind for the points.
- You keep the card into year two out of habit and pay the fee again.
Should I keep it after the first year?
Keeping the card costs $195 each year ($195 annual fee) — the first year was $195.
The year-two bonus is 20,000 NAB points.
Ongoing earn: 1.25x NAB points per $1.
Keeping pays off only if you meet the second-year conditions and use the points and benefits enough to cover $195/yr.
What else makes the card useful?
Reward use
Ways to turn points into value.
- Points Transfer Benefits Compare across cards →Transfer NAB Rewards Points to partner programs: Flybuys (3,000=3,000), Velocity Frequent Flyer (3,000=1,500), Accor Live Limitless (3,000=500), Singapore Airlines KrisFlyer (3,000=1,000 miles), Cathay Asia Miles (3,000=1,000, ending 27 April 2026) and Air New Zealand Airpoints…
More detailsLess details
Transfer NAB Rewards Points to partner programs: Flybuys (3,000=3,000), Velocity Frequent Flyer (3,000=1,500), Accor Live Limitless (3,000=500), Singapore Airlines KrisFlyer (3,000=1,000 miles), Cathay Asia Miles (3,000=1,000, ending 27 April 2026) and Air New Zealand Airpoints (3,000=15 Airpoints Dollars); excludes Qantas Frequent Flyer
Purchase protection
Cover on things you buy with the card. Limits, excesses, and activation conditions apply.
- Purchase Protection Insurance Compare across cards →Complimentary purchase protection insurance
More detailsLess details
Complimentary purchase protection insurance
- Extended Warranty Insurance Compare across cards →Complimentary extended warranty insurance
More detailsLess details
Complimentary extended warranty insurance
- Mobile Phone Insurance Compare across cards →Complimentary mobile phone insurance
More detailsLess details
Complimentary mobile phone insurance
Travel
Travel cover and perks. Most need qualifying bookings or payment with the card.
- Travel Insurance Compare across cards →Includes international travel insurance, domestic travel insurance, and rental vehicle excess insurance in Australia as complimentary insurances.
More detailsLess details
Includes international travel insurance, domestic travel insurance, and rental vehicle excess insurance in Australia as complimentary insurances.
Account management
Tools for running the account — repayment helpers, not reward value.
- Rewards Program Elite Status Compare across cards →Earn NAB Rewards Points with tiered bonus points offers for new and existing customers, including up to 100,000 bonus points for spending $3,000 in 90 days and keeping the card for over 12 months.
More detailsLess details
Earn NAB Rewards Points with tiered bonus points offers for new and existing customers, including up to 100,000 bonus points for spending $3,000 in 90 days and keeping the card for over 12 months.
- Concierge Service Compare across cards →NAB Concierge Service: personal assistant for travel and lifestyle services, available 24 hours a day, 7 days a week
More detailsLess details
NAB Concierge Service: personal assistant for travel and lifestyle services, available 24 hours a day, 7 days a week
- No Additional Cardholder Fee Compare across cards →Add an additional cardholder at no extra cost
More detailsLess details
Add an additional cardholder at no extra cost
- Digital Card Issuance Compare across cards →Digital card available for use immediately after approval, before the physical card arrives within five working days
More detailsLess details
Digital card available for use immediately after approval, before the physical card arrives within five working days
- Balance Transfer Offers Compare across cards →0% p.a. on balance transfers for 12 months with a 3% balance transfer fee; unpaid BT reverts to the variable cash advance rate
More detailsLess details
0% p.a. on balance transfers for 12 months with a 3% balance transfer fee; unpaid BT reverts to the variable cash advance rate
- Interest Free Periods Compare across cards →Up to 44 interest-free days on purchases
More detailsLess details
Up to 44 interest-free days on purchases
27,916 Krisflyer points at 1.5¢ a point − $195 in first-year fees. This is flight value, not cash. It assumes you earn the bonus and pay in full.
This offer is open now (terms from 11 Oct 2026).
What this calculation assumes
- You make the required purchases and the bonus is paid.
- You pay the balance in full — any interest changes the outcome.
- The required spend is ordinary planned spending, not extra cost.
- You close the card before the next annual fee, or you decide keeping it is worth that fee.
Did this help you make a decision?
Terms and evidence
Full current terms
Offer terms
First Year Points
80,000 points
NAB
Second Year Points
20,000 points
With $195 annual fee
Minimum Spend
$3,000
within 90 days (about 3 months)
Ongoing Earn Rate
1.25x points per $1 spent
Fees
First Year Annual Fee
$195
Ongoing Annual Fee
$195
From year 2 onwards
Purchase Interest Rate
22.49% p.a.
The value above assumes you pay in full and never pay this. Any interest changes the outcome.
Benefit history (7 changes)
- Points Transfer BenefitsUpdated May 2026
- Interest Free PeriodsUpdated May 2026
- Balance Transfer OffersUpdated May 2026
- Concierge ServiceUpdated May 2026
- No Additional Cardholder FeeUpdated May 2026
- Extended Warranty InsuranceUpdated May 2026
- Purchase Protection InsuranceUpdated May 2026
Offer terms history (7 versions — old terms, for checking)
These are published versions of this offer's terms. Each version preserves the conditions available at that time.
Published 11 Oct 2026
Availability changed from ended to available; conditions unchanged.
Changes from terms version 5
Changes from terms version 4
Changes from terms version 3
Changes from terms version 2
Changes from terms version 1
First recorded terms
Captures behind the selected terms record — evidence for these terms, not a complete history of the named offer.
Archived notes
Earlier notes about this offer, kept as an archive — not current terms. Note dates are separate from terms publication dates.
- Coles/Woolworths gift cards changed from 9620 for $50, 19230 for $100, 48080 for $250, to 10210 for $50, 20410 for $100, 51020 for $250. $20 Coles gift card removed.3 years ago
- Expiration removed, Annual Fee from $95 to $453 years ago
- Expiration changed from undefined to "", Bonus from 60000 to 800003 years ago
- Annual fee reduced from $195 to 95, added second year bonus 20k points5 years ago
Discussion
About the current terms (published 11 Oct 2026).
Community and personal tools
Track this card, or suggest a correction. Sign-in required.