NAB Rewards (AU) transfers to 3 airlines and 1 hotel program. Airlines: Virgin Australia Velocity Frequent Flyer 3:1, Singapore Airlines KrisFlyer 5:1, Air New Zealand Airpoints 330:1. Checked 2 November 2026.
Airlines
Ratio is NAB Rewards points to partner miles. A point is worth a different amount in each country, so compare within Asia-Pacific.
| Partner | Ratio (NAB Rewards : partner) | 10,000 points become | Transfer time |
|---|---|---|---|
 Virgin Australia Velocity Frequent FlyerOfficial NAB: 6,000 NAB = 2,000 Velocity from 1 Oct 2026 (was 2:1). Auto-redemption available. Transfer time not documented. Business Signature rate not confirmed. | 3:1 | 3,333 | Varies |
 Singapore Airlines KrisFlyerOfficial NAB: 6,000 NAB = 1,200 KrisFlyer miles from 1 Oct 2026 (was 3,000 = 1,000, i.e. 3:1). Most transfers take 2 business days, up to 15 (rewards.nab.com.au). Business Signature cards: 3,000 = 1,000 (3:1). Other cards: business_signature: 3:1 | 5:1 | 2,000 | Varies |
 Air New Zealand AirpointsOfficial NAB: 6,600 NAB = 20 Airpoints Dollars from 1 Oct 2026 (was 3,000 = 15, i.e. 200:1). Airpoints Dollars are a currency unit. NAB says 'Australian Airpoints Dollars', while Air NZ's NAB page says Airpoints are now NZD-equivalent and still shows the old r | 330:1 | 30 | Varies |
Hotels
| Partner | Ratio (NAB Rewards : partner) | 10,000 points become | Transfer time |
|---|---|---|---|
 ALL AccorOfficial NAB: 6,000 NAB = 500 ALL points from 1 Oct 2026 (was 3,000 = 500, i.e. 6:1). Accor's own NAB page still says 6,000 = 1,000 and up to 10 business days (stale). | 12:1 | 833 | Varies |
Other
| Partner | Ratio (NAB Rewards : partner) | 10,000 points become | Transfer time |
|---|---|---|---|
| FlybuysOfficial NAB: 6,800 NAB = 4,000 Flybuys points from 1 Oct 2026 (was 1:1). Auto-redemption available. | 1.7:1 | 5,882 | Varies |
Good to know
Earned on NAB Rewards cards. From 1 Oct 2026, Rewards Platinum became the 'NAB Rewards Card' and Rewards Signature became the 'NAB Rewards Travel Card'. NAB Qantas Rewards cards earn Qantas Points directly; NAB Rewards points cannot go to Qantas. On 1 Oct 2026 NAB re-priced every partner. The official NAB product page shows old (until 30 Sep 2026) and new rates side by side: Velocity 2:1 to 3:1, KrisFlyer 3:1 to 5:1, ALL Accor 6:1 to 12:1, Airpoints 200:1 (3,000 = 15) to 330:1 (6,600 = 20), and Flybuys 1:1 to 1.7:1. Flight Hacks reports NAB will apply a one-off top-up to balances held on 1 Oct 2026 by 30 Nov 2026. NAB's illustrative example: a 20,000 balance gets 13,200, about +66%. That roughly offsets the KrisFlyer, Accor and Airpoints re-pricing. Flight Hacks describes non-Velocity partners as 'unchanged', which is only true in top-up-adjusted terms; the published per-point rates did change. NAB Rewards Business Signature cards keep different (older) rates on rewards.nab.com.au, e.g. KrisFlyer 3,000 = 1,000. Some NAB-side and partner-side pages are stale: the NAB auto-redemption page still says 2 NAB = 1 Velocity and 6 NAB = 1 Accor; Accor's NAB conditions page says 6,000 = 1,000; Air NZ's NAB page says 200 = 1.09 Airpoints. The current NAB product page is treated as authoritative.
Recently removed or suspended
- Cathay (Asia Miles). rewards.nab.com.au: 'From 27th April 2026, NAB Rewards customers will no longer be able to redeem NAB Rewards Points for the Cathay Pacific Program - Asia Miles.' The prior rate was 6,000 = 1,000 (personal). NAB product pages still mention 'Cathay Membership Programme' in their intro text but list no rate.
Questions
What are the NAB Rewards transfer partners?
As of 2 November 2026, NAB Rewards transfers to 3 airlines and 1 hotel program: Virgin Australia Velocity Frequent Flyer 3:1, Singapore Airlines KrisFlyer 5:1, Air New Zealand Airpoints 330:1, ALL Accor 12:1, Flybuys 1.7:1.
What is the NAB Rewards to Virgin Australia Velocity Frequent Flyer transfer ratio?
3:1: 10,000 NAB Rewards points become 3,333 Virgin Australia Velocity Frequent Flyer miles.
Is it worth transferring NAB Rewards points to airlines?
Usually only for a specific award you have already found, often a premium-cabin seat. Compare the miles needed (plus taxes and surcharges) against the cash fare before you move points: transfers can't be undone, and conversion fees can apply.
Sources: nab.com.au, nab.com.au, rewards.nab.com.au, rewards.nab.com.au, rewards.nab.com.au, all.accor.com, airnewzealand.com.au, flighthacks.com.au, pointhacks.com.au, finder.com.au. Ratios change; check your bank's own transfer page before you move points. Every currency side by side: Points Ratio Index.
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