NAB launches new flybuys rewards credit card

19 April 2012

NAB today announced the launch of a new NAB flybuys Rewards Card, as the only major bank helping customers make the most of the newly reinvigorated flybuys rewards program – which enables customers to earn more points and more rewards in more places.

NAB flybuys Rewards Card customers will have the ability to earn one point for every dollar they spend on their card on everyday purchases, in addition to points earned through their flybuys membership at participating partners.

Michael Shurlin, NAB’s General Manager of Credit Cards and Personal Loans: “We’re proud to give our customers the opportunity to earn more flybuys points and get the most out of their credit card.”

NAB is giving eligible new customers 10,000 flybuys bonus points towards their flybuys membership, with a NAB flybuys Rewards Card.

Coles Finance Director Tony Buffin said: I am delighted to welcome NAB to flybuys alongside our other new flybuys partners Webjet, AGL and Telstra as well as existing partners Target, Kmart, Kmart Tyre & Auto Service, Coles Express, Liquorland, 1st Choice Liquor and Coles Insurance. With so many leading Australian companies on board flybuys can reward customers on most of their everyday household spend.”

The Card also offers a range of complementary insurances, including Overseas Travel Insurance, great for customers taking advantage of flybuys new travel offers from Webjet. Michael says NAB is committed to giving honest advice about how credit cards work and encouraging customers to choose the product best suited to their needs.

“Rewards cards are best suited to credit card customers who value rewards, regularly spend at least $1000 monthly and pay their statement balance at the end of each month.

“NAB also offers a low rate credit card, best suited to customers working to reduce their credit card balance and a low fee credit card for those who use their card infrequently,” he said.

NAB has led the industry in making credit cards fairer and more transparent, which Michael says gives customers even more reason to switch their banking to NAB.

“We’ve abolished credit card overlimit fees, dropped late payment fees to $5 and reinvented the way we allocate customer payments, so that higher rate transactions like cash advances are paid before purchases.

“These changes that are saving our customers a collective $60 million per year,” said Michael.

Further information and advice on credit cards is available at nab.com.au/moneybasics, via NAB’s Australian-based call centre on 13 22 65 or at one of its 750 branches nationally.

The NAB flybuys Rewards Card is available from Monday 23 April 2012.

For further information:

Media contacts

Jessica Forrest
M: +61 (0) 457 536 958

Dianne Sarantakos
M: +61 (0) 416 577 937