Earning rates
The NAB Rewards Platinum Credit Card earns NAB Rewards points at the following rates:
- Earn 2 NAB Rewards Points on purchases made online with Webjet via NAB Rewards Store or on Webjet.com.au.
- Earn 1.5 NAB Rewards Points in eligible grocery stores.
- Earn 1 NAB Rewards Point for every $1 you spend on everyday purchases.
Rewards value
Based on our valuations, NAB Rewards Points earned with the NAB Rewards Platinum Credit Card are worth 0.5 cents each on average. That means 100,000 points are worth $500.00 on average.
NAB Rewards Platinum Credit Card Points Value Calculator
Enter your NAB Rewards Points balance to see estimated cash value.
| Redemption Option | Estimated Value |
|---|---|
| Transfers to airline partners | $200.00 – $1,000.00 0.2¢/point – 1¢/point |
| Travel redemptions with Webjet | $500.00 0.5¢/point |
| Transfers to Flybuys | $500.00 0.5¢/point |
| Gift card redemptions | $490.00 0.49¢/point |
| Merchandise | $390.00 – $410.00 0.39¢/point – 0.41¢/point |
| Cash back redemptions | $400.00 0.4¢/point |
Perks and benefits
Here are the key benefits of the NAB Rewards Platinum Credit Card:
- Purchase Insurance: Mobile Phone Insurance, Purchase Protection Insurance, and Extended Warranty Insurance.
** Effective 15 May 2026, International Travel, Domestic Travel and Rental Vehicle Excess Insurances will be removed.
Transfer partners
Points earned with the NAB Rewards Platinum Credit Card can be transferred to 6 partners.
NAB Rewards Platinum Credit Card Points Transfer Calculator
Use our NAB Rewards Platinum Credit Cardconversion calculator to estimate the transfer of NAB Rewards Points into partner rewards.
| Transfer Partner | Ratio | You'll Receive |
|---|---|---|
Accor Hotels Points
Hotel Loyalty Program
|
6:1 | 16,666 Accor Hotels Points |
Air New Zealand Airpoints Dollars
Airline Frequent Flyer Program
|
200:1.09 | 545 Air New Zealand Airpoints Dollars |
Cathay Pacific Asia Miles
Airline Frequent Flyer Program
|
3:1 | 33,333 Cathay Pacific Asia Miles |
Flybuys Points
Retail Rewards Program
|
1:1 | 100,000 Flybuys Points |
Singapore KrisFlyer Miles
Airline Frequent Flyer Program
|
3:1 | 33,333 Singapore KrisFlyer Miles |
Virgin Australia Velocity Points
Airline Frequent Flyer Program
|
2:1 | 50,000 Virgin Australia Velocity Points |
Fees
Annual Fee
The NAB Rewards Platinum Credit Card has an annual fee of $195 per year.
Authorized User Fee
There is no fee to add an additional cardholder to the NAB Rewards Platinum Credit Card.
Foreign Transaction Fee
The NAB Rewards Platinum Credit Card has a 3.5% foreign transaction fee. This means you'll be penalized when making purchases abroad and not spending in Australian Dollars.
