Points Per Dollar
B.T Per 6 Months
Earning and Redeeming
|travel||Earn 2.25 Points Per Dollar.|
|shopping||Earn 1.5 Points Per Dollar.|
|shopping, grocery, petrol, utility, telecommunication, insurance, foreign_transaction, other||Earn 0.75 Points Per Dollar.|
|government, business||Earn 0 Points Per Dollar.|
|Reward Program||Maximum Earn Rate|
|Air New Zealand - Air New Zealand Airpoints|| $1 earns 0.01125 Airpoints. |
|Cathay Pacific Airways - Asia Miles|| $1 earns 0.7499 Asia Miles. |
|Singapore Airlines - KrisFlyer|| $1 earns 0.7499 KrisFlyer Miles. |
|Virgin Australia - Velocity Frequent Flyer|| $1 earns 1.125 Velocity Points. |
|Reward Program via Singapore Airlines - KrisFlyer||Maximum Earn Rate|
|Virgin Australia - Velocity Frequent Flyer|| $1 earns 0.7258 Velocity Points. |
KrisFlyer 1: 0.5 ().
Velocity Points 1: 0.64516129 ().
|Reward Program via Virgin Australia - Velocity Frequent Flyer||Maximum Earn Rate|
|Singapore Airlines - KrisFlyer|| $1 earns 0.7258 KrisFlyer Miles. |
Velocity Frequent Flyer 1: 0.5 ().
KrisFlyer Miles 1: 0.64516129 ().
Pros & Cons
0% Balance Transfer for 6 months (2% Fee).
Earn up to 2.25 Reward Points per dollar.
Complimentary Shopping insurances.
$95 Annual Fee is low, but with no real benefits that recoup the cost.
High Purchase Interest Rate, if the balance is overdue.
NAB Rewards Classic is an Entry VISA Credit Card.
It earns 2.25 Reward Points per dollar spent.
Currently NAB is offering 30,000 Bonus Points for new card holders.
While NAB does not mention eligibility on their site. The income requirement for this card is estimated to be around $7,500 p.a.
It’s a Burner Card.
|Product Name||NAB Rewards Classic Card|
|Annual fee||$95 p.a.|
|Purchase Interest Rate||19.99% p.a|
|Cash Advance Interest||21.74% p.a.|
|Interest Free Period||Up to 44 days on purchases|
|Foreign Transaction Fee||3%, using American Express Exchange Rate.|
|Minimum Income||$7500 p.a.|
|Minimum Credit Limit||$500|
|Age Requirement||18 to years old.|
Business Long Stay Visa
|Additional Cardholder||Up to 1 additional cardholder, for $0 each.|
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* While official indicates $40,000, multiple applicants indicate that a stable $30,000 p.a. income is enough.
** While official indicates $3,000, customer support had confirmed that credit limit could be lowered to $2,000
*** While official indicates Citizen, PR, and Business Long Term VISA, multiple applicants indicate that, as long as you have a stable high income, VISA policy is not strictly enforced.