NAB flybuys Rewards Card
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For an annual fee of just $65, the NAB flybuys Rewards Card is gives the opportunity to get in the air and be protected once you’re there. Earn points at a rate of 1:1 for all your everyday purchases in addition to an accelerated rate of accrual with flybuys partners and be covered with seven different types of complementary insurance protecting you and your family from journey’s conception to completion. The NAB flybuys Rewards Card is packed with platinum features but comes with a ‘low-rate card’ price tag.
Receive up to 10,000 flybuys bonus points. Plus a low interest rate on balance transfers.
| Product Name | NAB flybuys Rewards Card | |
|---|---|---|
| Balance Transfer Rate | 4.99% p.a. for 6 months | |
| Interest Rate on Purchases | 19.49% p.a. | |
| Annual Fee | $65 p.a. | |
| Interest Free Period | up to 44 days | |
| Interest Rate on Cash Advances | 21.74% p.a. | |
| Minimum Credit Limit
This is the lowest credit card limit that you can request. It is possible to apply for a higher credit card limit but not a lower one than this figure.
|
$6,000 | |
| Minimum Monthly Repayment | 2.5% | |
| Credit Card Type | Visa | |
| Late Payment Fee | $5 | |
| Complimentary Travel Insurance | Yes | |
| Available to Temporary Residents | No | |
| Joint Application | No |
Features of the NAB Flybuys Rewards Card:
- Flybuys rewards:
In order to accrue flybuys points you will need to join the program and link it to your NAB flybuys Rewards Card. The program is free to join and can be done by calling flybuys.
Once you have joined the program you will accrue points at a rate of 1:1 for every dollar spent on your everyday purchases. Every time you use your card to make a purchase you will earn this rate but there are some things that you won’t be able to earn flybuys points for.
- Ineligible purchases include:
- Cash advances;
- Bills paid over the counter at a bank, financial institution or post office;
- Purchases of travellers cheques;
- Gambling transactions;
- When the card is used as a debit card to access linked accounts;
- Business or investment transactions;
- Fees and charges;
- Interest charges;
- Fraudulent or disputed transactions; and
- Payments or purchases which are refunded.
There’s further opportunities to earn extra points when you use your card at participating flybuys retailers, including shops like: Coles, K-Mart, Target, Liquorland and many more. And although it does say bills paid over the counter at a bank, financial institution or post office don’t attract flybuys points, AGL are a participating partner, so you will be able to earn points for paying your household electricity bill if they are your provider. Points are capped at per year.
- 7 types of insurance
How much is peace of mind worth to you when you’re travelling Australia or the world? It’s difficult to assign a dollar value, but with the NAB flybuys Rewards Card, you get it absolutely free as your covered with 7 different types of complementary insurance.
- Overseas Travel Insurance:
- Covers – cancellation, overseas medical expenses, lost luggage or travel documents, rental vehicle excess, accidental death and disability, missed connections, personal liability, collision damage waiver, hijack, detention, kidnap and ransom.
- To be eligible – you must purchase a minimum of $500 or your prepaid travel costs or accommodation costs on your NAB flybuys Rewards Card.
- Cover is provided for up to six months and is automatic when the above conditions are met.
- Other insurance covers include:
- Interstate flight inconvenience insurance:
- Transport accident insurance
- Domestic hotel burglary insurance
- Purchase protection insurance
- Extended warranty insurance
- Price protection insurance
- Platinum Concierge Service:
Have the platinum concierge service on hand 24/7 for access to insider information where ever you are in the world.
- VIP Lost Card Cover:
Receive complimentary lost card cover for the first 12 months you have your card. Supplied by Secure Sentinel, 24/7.
- Paywave:
For purchases under $100, there is no need to sign, simple wave your card close to the receiver terminal and you can be on your way.
Application Requirements
| Minimum Age | 18 years of age | |
|---|---|---|
| Available to Temporary Residents | No | |
| Credit Rating Requirement | Good | |
| Min Credit Limit
This is the lowest credit card limit that you can request. It is possible to apply for a higher credit card limit but not a lower one than this figure.
|
$6,000 |
How to apply for the NAB Flybuys Rewards Card:
The best way to apply for this card is to follow the link to a secure NAB application page. Once you begin the application it should last for 10-20 minutes and you will have a response within minutes of completion. You will need your personal and financial details on hand to be able to make the application run smoothly, this includes your driver’s licence, payslips and information about personal assets and liabilities.
Pros:
For $65, this card offers more than it takes. 7 types of insurance, platinum concierge, good rate of earning, their is a lot to like about this card.
Cons:
This card has a high purchase rate of interest compared to other cards in the market.
A minimum credit limit of $60,000 coupled with a cap on points earning at $100,000 spend is restrictive when compared to some of the other offers in the market.
This would be good for:
This card is ideal for someone who is looking to get the Platinum experience while paying minimum fees and charges. The interest rate on balance transfer is a little high than other cards that are in this price range, but the NAB flybuys Rewards Card is head and shoulders above its contemporaries when it comes to features.
Read the NAB flybuys Rewards Card terms and conditions.
| Minimum Age | 18 years of age | |
|---|---|---|
| Available to Temporary Residents | No | |
| Credit Rating Requirement | Good | |
| Min Credit Limit This is the lowest credit card limit that you can request. It is possible to apply for a higher credit card limit but not a lower one than this figure. | $6,000 |
| Annual Fee | $65 p.a. | |
|---|---|---|
| Minimum Repayment | 2.5% | |
| Late Payment Fee | $5 | |
| Over Limit Fee | $0 | |
| Overseas Emergency Replacement | $100 | |
| Overseas ATM Balance check | $0 | |
| Overseas ATM Withdrawal | $4 | |
| Foreign Currency Conversion Fee | 2.3% | |
| Gambling Transactions Allowed | No | |
| Additional Cardholder Fee | $0 | |
| Number of Additional Cardholders | 1 |
Pros
- You are instantly signed up to the Flybuys Rewards Program and you will thus earn 1.00 Flybuys point for every $1 spent, meaning that you can accrue points to fly with any airline you choose.
- A relatively low annual fee of $65.
- You get your own 24/ hour 7 days a week personal assistant with no extra cost under the NAB Platinum Concierge Service
Cons
- Unless you're a frequent flyer or plan to be, you will be missing out on the opportunity to gain other rewards points for your spending (with the exclusion of the Visa Entertainment Package).
Read the NAB flybuys Rewards Card terms and conditions.
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what’s minimum credit limit? $6000? so I have to spend min $6000 every month? or year??
Hi Tom. Thanks for your question. The minimum credit limit is the minimum amount of credit that is assigned to your account. You’re under no obligation to use the credit that’s assigned to you. Cheers.
Can my flybuys points be transferred to my velocity account?
Hi Roger. Thanks for your question. You can not transfer flybuys points to another airline’s rewards program. Cheers.
Hi, if my husband gets approved, are we able to get my name on a second card?
Hi Lauren. Thanks for your question. If you wish to become a supplementary cardholder, the card will still be in your husbands name; however, you will get your own card to use. All spending and rewards will be credited to your husbands account. If you want a card in your own name, you will have to apply yourself. Cheers.
Have a NAB flybuy rewards card but its a Mastercard. Do the same features apply? I.E. travel insurance ?
Hello Diane,
thanks for your question.
Your MasterCard is an older Flybuys card NAB offered, which has now been replaced by the Visa card, meaning you could receive a letter in the mail talking about the change and offering an upgrade. The features including travel insurances should still apply to your MasterCard, although it’s best to call NAB with your card number to double check.
I hope this helps,
Marc.
I’ve also got a flybuys Rewards MasterCard, not a Visa. It is definitely not an older product of NAB, as I signed up in mid-February. I have noticed it isn’t promoted on the NAB website and now it makes me curious whether it does offer the same benefits as the VISA?
Hi Mike. This is an interesting question. We spoke to a NAB rep last week – they said the features are the same between cards. Can you please speak to NAB and let us know how the matter goes? Jacob.
Does travel insurance cover persons over the age of 75?
Hello Terry,
thanks for the question.
The insurance policies provided by the NAB Flybuys card do provide some cover to those aged over 75 and under 90, although this doesn’t include medical or dental cover or cover of overseas bed care, travel delay, resumption of overseas journeys or return of rental vehicles as a result of medical and dental issues. There are still many things this insurance will cover for over 75s, such as journey cancellation, loss of luggage or personal effects, personal liability, rental vehicle damage, accidental death and missed special event cover. For more information it may be useful to visit the NAB website or call them.
I hope this helps,
Marc.
We are travelling overseas and we are going to use the visa card travel insurance.The card is in my name my wife is the secondary card holder, is she covered by the insurance too.
Hi Greg, your wife is covered if she’s travelling with you for the entire return journey. Consult the T&C’s for more information. I’ve sent them to your email.
Jacob.
my 21 year old daughter is travelling without me to Dubai to do her final practice I am purchasing her return flight approx. $2000 on my platinum master card I assume that she will be covered by your travel insurance policy can you please confirm this as we are to purchase flight tickets
kind regards glen
Hi Glen. You will have to be travelling with her in order for your daughter to be covered by the insurance on your card. I’ve sent the policy to your email. Jacob.