Join Australia's most dynamic and respected property investment community

NAB's 250,000 freq flyer points for new loans

Discussion in 'Property Finance' started by Waterboy, 19th Sep, 2015.

  1. Waterboy

    Waterboy Well-Known Member

    Joined:
    29th Aug, 2015
    Posts:
    326
    Location:
    Sydney
    Anyone heard of this? It's worth more that the cashback offers IMO (assuming interest rates are competitive)

    http://www.smh.com.au/business/bank...o-new-mortgage-borrowers-20150918-gjpnob.html

    "NAB will on Saturday launch a deal offering 250,000 points with Virgin Australia's frequent flyer scheme to people who take out a new owner-occupied home loan. To be eligible, customers will need to borrow at least $250,000 and also have their transaction account and credit card with the bank.

    It is enough points for flights for two people from Sydney or Melbourne to London and back, NAB says, not including taxes and fees of slightly less than $400 per person.
    "
     
  2. euro73

    euro73 Well-Known Member Business Member

    Joined:
    18th Jun, 2015
    Posts:
    1,450
    Location:
    Sydney