NAB Increasing Annual Fees on Qantas CCs

[Highway23]

Just landed in the inbox, annual fees increasing from 13 Sept.

 

[SYD]

Just landed in the inbox, annual fees increasing from 13 Sept.
View attachment 398231

Fortunately my VISA Signature falls under “Note 1” - free with my Private Banking package.

 

[levelnine]

$420 with no real credits/vouchers to offset it!

 

[kamchatsky]

Interesting, if you apply those cards as existing NAB customer, you are supposed to get reduced annual fee for the life of the card. Wonder how that would work for those

 

[Jacques Vert]

Interesting, if you apply those cards as existing NAB customer, you are supposed to get reduced annual fee for the life of the card. Wonder how that would work for those

Is that on the QF version also? I though it was only on the NAB Rewards version.

 

[Dmac59]

Time to seek an alternative before my next anniversary date in April ‘25.

 

[kamchatsky]

Is that on the QF version also? I though it was only on the NAB Rewards version.

Yes

 

[Dmac59]

That's interesting your screenshot states "Enjoy a reduced annual card fee (from $395 to $295) for the life of the card."
The current NAB website states: "You'll also enjoy a reduced annual card fee (from $395 to $295) for the first year."
The latter is what I signed up for 2 years ago, and an email form NAB yesterday confirms the $395 annual fee rises to $420 from 13/9/2024.

 

[Highway23]

Interesting, if you apply those cards as existing NAB customer, you are supposed to get reduced annual fee for the life of the card. Wonder how that would work for those

NAB agent confirmed over chat that this is just a reduction of $100. So where the reduced annual fee was $295 rather than $395, it will now be $320 rather than $420.
And as @levelnine correctly pointed out, no vouchers to offset!