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Gift card value

The Champagne Mile Exclusive Offer NAB Rewards Signature Card

Ended — kept for reference

$750 in Woolworths gift cards · 150,000 NAB points · spend $3,000 in 60 days

I'd like to use my bonus for:

$250
x 3
in Woolworths gift cards, $750 total, with 690 points remaining.
$250
x 3
in Coles gift cards, $750 total, with 690 points remaining.
How the value is calculated

$750 in Woolworths gift cards (153,060 of 153,750 NAB points; 690 left over) − $195 card fee. Assumes you earn the bonus and pay in full; extra spend or interest changes the outcome.

These terms ended and are kept for reference.

+150,000sign-up bonus
+3,750from $3,000 spend
=153,750NAB points
→$750in Woolworths or Coles gift cards
=690points left over
−$195first-year fees
=$555first-year value
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.
  • Gift-card rates are the recorded redemption catalogue, rechecked at renewal.

Did this help you make a decision?

Can I get this?

This is a public offer.

Can I get this bonus if I have held a card before?

The bonus holding rule for this offer is unverified. Check the offer terms before applying.

See exclusion periods for every Australian issuer →

What must I spend?

$3,000 within 60 days — about $1,500 per month. The terms on this page don't record when the clock starts or how long the bonus takes to arrive after you qualify — check the issuer terms for both.

Can I get the card?

$15,000 minimum credit limit — a lending commitment, not a reward fact.

No minimum income recorded — this does not mean there is none.

Lending approval is separate from bonus eligibility: approval gets you the card, the conditions above get you the bonus.

How long is this available?

Recorded end date: December 13, 2023.

Should I keep it after the first year?

Renewal costs $295 each year ($295 annual fee) — first year was $195.

Second year pays 50,000 NAB points if you still hold the card into year two. The recorded terms don't detail the exact second spend hurdle — check the issuer terms before counting on it.

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 $295/yr.

Year-two points aren't dollar-valued here: the redemption catalogue may change before renewal, so recheck the rate then.

View Exclusive Offer Details
OzBargain discussion for this card

Terms and evidence

Full current terms

Offer terms

Mid-TierOffer Ended

First Year Points

150,000 points

NAB

Second Year Points

50,000 points

With $295 annual fee

Minimum Spend

$3,000

within 60 days (about 2 months)

Offer Expires

December 13, 2023

3 years ago

Ongoing Earn Rate

1.25x points per $1 spent

Fees

First Year Annual Fee

$195

Ongoing Annual Fee

$295

From year 2 onwards

Purchase Interest Rate

20.00% p.a.

The value above assumes you pay in full and never pay this. Any interest changes the outcome.

Note: Additional fees may apply for cash advances, foreign transactions, overlimits, and late payments. Check the issuer's terms and conditions for complete fee details.

Offer terms history

These are published versions of this offer's terms. Each version preserves the conditions available at that time.

Unknown publication date

First recorded terms

Bonus NAB:
150,000
Annual Fee:
$195
Minimum Spend:
$3,000 in 60 days
Source wording history

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.


Discussion

About these ended terms — not the current offer.


Community and personal tools

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