In this guide

  • Our verdict
  • Details
    • Key details
    • Eligibility
  • Key features
  • How to apply
  • Compare other transaction accounts
  • Your reviews
  • Ask a question
Finder makes money from featured partners, but editorial opinions are our own.

NAB Classic Banking transaction account

  • Avatar
NAB Classic Banking

This product is not currently available via Finder. Visit the provider's website directly, or compare other options.

Compare other options
Account keeping fee
$0
ATM withdrawal fee
$0
Overseas ATM withdrawal fee
$5
Overseas transaction fee of transaction value
3%

Our verdict

Pay $0 monthly fees and enjoy convenient access to your money with Apple Pay, Google Pay and Samsung Pay available.

This account allows you to deposit money such as your salary and use it for day-to-day spending and transactions. NAB is the only Big Four bank that doesn’t charge any monthly account keeping fees on its personal transaction account. You don’t need to meet a monthly deposit requirement either. There’s just no account keeping fee to pay.

While this account has no fees for everyday transactions in Australia, there are some fees to watch out for if you’re planning to use the card overseas. You’ll pay a $5 ATM withdrawal fee at non-NAB ATMs overseas and an international transaction fee of 3% p.a. on transactions where a currency conversion is required. If your main priority is a card that you can take when travelling, you can avoid these fees with a few other bank accounts in the market.

If you're looking for an account with flexible payment options, this account offers Apple Pay, Google Pay and Samsung Pay so you can make contactless payments with your phone, watch or wearable device. Although it’s been around for a few years now, there are still several major banks that don’t yet offer Apple Pay. It’s also worth noting that NAB has a lot of bank branches in many locations across the country, which is helpful if you do a lot of your everyday banking in-branch.

Pros

  • $0 overdrawn fees
  • Apple Pay, Samsung Pay, Google Pay and NAB Pay available
  • $0 account keeping fees
  • Protected by NAB Defence with Visa Zero Liability

Cons

  • International transaction fees apply
  • $5 overseas ATM withdrawal fee

In this guide

  • Our verdict
  • Details
    • Key details
    • Eligibility
  • Key features
  • How to apply
  • Compare other transaction accounts
  • Your reviews
  • Ask a question

Details

Key details

Product Name NAB Classic Banking
Monthly account fee $0
Card access Visa
Own network ATM fee $0
International ATM Fee $5
International transaction fee 3%
Monthly deposit required to waive account fee N/A
Contactless Payments Apple Pay, Google Pay, Samsung Pay, Fitbit Pay, Garmin Pay

Eligibility

Minimum Age 14
Joint account availability Yes
Minimum opening deposit N/A
Residency status Have an Australian Residential Address

Key features

Picture not described

$0 monthly account keeping fees

NAB will never charge your transaction account a monthly service fee. It is the only Big Four bank that won't charge you monthly fees regardless of how much you deposit.

$0 minimum deposit requirement

There are no minimum monthly deposit requirements with the Classic Banking account.


How to apply

Eligibility

There are some eligibility requirements that you should meet before continuing to the secure application page:

  • Your age. You must be at least 14 years old if you want to apply for the NAB Classic Banking account online.
  • Your residency. You must be currently living in Australia with a verifiable physical address to be considered for a NAB Classic Banking transaction account.

Compare other transaction accounts

Name Monthly fee Govt. Guarantee Own network ATM fee Card type
St.George Complete Freedom Account
Apple Pay Google Pay Samsung Pay
Monthly fee
$0
Government Guarantee
Own network ATM fee
$0
Card type
Visa
Go to siteMore Info
Get up to 4 $10 cashbacks when you spend $40 at Woolworths on your Visa Debit Card.
ING Orange Everyday Account
Apple Pay Google Pay
Monthly fee
$0
Government Guarantee
Own network ATM fee
$0
Card type
Visa
Go to siteMore Info
1% cashback on utility bills (T&Cs apply)
Westpac Choice
Apple Pay Google Pay Samsung Pay Fitbit Pay Garmin Pay Digital Card
Monthly fee
$5
Government Guarantee
Own network ATM fee
$0
Card type
Mastercard
Go to siteMore Info
Eligible cardholders can get discounts when shopping at partner brands.

Suncorp Everyday Options Account
Apple Pay Google Pay
Monthly fee
$0
Government Guarantee
Own network ATM fee
$0
Card type
Visa
Go to siteMore Info
MyState Bank Glide Account
Apple Pay Google Pay Samsung Pay Fitbit Pay Garmin Pay
Monthly fee
$0
Government Guarantee
Own network ATM fee
$0
Card type
Visa
Go to siteMore Info
HSBC Everyday Global Account
Finder AwardApple Pay Google Pay10 Currencies
Monthly fee
$0
Government Guarantee
Own network ATM fee
$0
Card type
Visa
Go to siteMore Info
Earn 2% cashback on tap and pay purchases.


Revolut Account
Apple Pay Google Pay
Monthly fee
$0
Government Guarantee
Own network ATM fee
$0
Card type
Visa and Mastercard
Go to siteMore Info
Up Everyday Account
Apple Pay Google Pay Samsung Pay Fitbit Pay Garmin Pay
Monthly fee
$0
Government Guarantee
Own network ATM fee
$0
Card type
Mastercard
Go to siteMore Info
loading
Showing 8 of 8 results

Your reviews

No reviews yet. Write a review

Ask a question

Ask a question
Avatar

Alison Finder

Editor

Hi there, looking for more information? Ask us a question.

Error label

You are about to post a question on finder.com.au:

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • finder.com.au is a financial comparison and information service, not a bank or product provider
  • We cannot provide you with personal advice or recommendations
  • Your answer might already be waiting – check previous questions below to see if yours has already been asked
Accept and continue

Finder only provides general advice and factual information, so consider your own circumstances, or seek advice before you decide to act on our content. By submitting a question, you're accepting our 1. Terms Of Service and 6. Finder Group Privacy & Cookies Policy.

This site is protected by reCAPTCHA and the Privacy Policy and Terms of Service apply.

Avatar

Howard

January 22, 2024

Would this account be suitable to open in order to pay Direct Debit bills?


Avatar

Richard Whitten Finder

January 22, 2024

Hi Howard,


You can use a transaction account like this to pay bills via direct debit.


Avatar

ron

September 13, 2023

If I lodge my late brother’s money (bank accounts, superannuation etc) with a bank to be held in trust until his probate has been completed, is the bank obligated or liable to offer me the highest savings % on my late brother’s money?


Avatar

Alison Banney Finder

September 14, 2023

Hi Ron, you will need to speak to the bank directly about this.


Avatar

Julie

July 01, 2023

I have been in Australia 2 months on visitors visa and have a Aged Parent visa application lodged with bridging visa granted. Can I apply for bank account


Avatar

Alison Banney Finder

July 06, 2023

Hi Julie, please get in touch with the bank directly to discuss your application and what their requirements are.

Thanks,

Alison


Avatar

Remon

February 12, 2023

I need new card


Avatar

Sarah Megginson Finder

February 20, 2023

Hi Remon, you will need to contact NAB directly for this. You can reach them on 13 22 65.


Avatar

MARTINE

June 13, 2022

Hi,

can i open a personal bank account if i live overseas ?


Avatar

Alison Banney Finder

June 20, 2022

Hi Martine,


You can open a NAB Classic Account from overseas if you’re over 18 and moving to Australia to migrate, study or work. You cannot open this account if you’re coming to Australia on a tourist visa.


Thanks,

Alison


Go to site