NAB savings and bank accounts

NAB offers 2 different bonus savings accounts and several different bank account to suit a range of customers.

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NAB

National Australia Bank (NAB) is one of Australia's Big Four banks. Take a look at the different NAB savings accounts and bank accounts in the table below to find the right one for you.

Did you know?

Citi deposit accounts were closed and moved to similar NAB branded accounts on 24 February 2024.

NAB savings accounts, transaction accounts and term deposits

NAB savings accounts

12 of 12 results
Finder Score Maximum interest rate Base interest rate Max rate type & duration Monthly max rate conditions
NAB logo
Finder score
Finder score
Maximum Variable Rate p.a.
4.15%
Standard Variable Rate p.a.
0.10%
Intro/Ongoing
Ongoing rate
(conditions apply)
Balance $1 to $49,999
1 deposit
No withdrawals
More info
Compare product selection
NAB logo
Finder score
Finder score
Maximum Variable Rate p.a.
4.15%
Standard Variable Rate p.a.
0.10%
Intro/Ongoing
Ongoing rate
(conditions apply)
Balance from $1,000,000
1 deposit
No withdrawals
More info
Compare product selection
NAB logo
Finder score
Finder score
Maximum Variable Rate p.a.
4.15%
Standard Variable Rate p.a.
0.10%
Intro/Ongoing
Ongoing rate
(conditions apply)
Balance $250,000 to $999,999
1 deposit
No withdrawals
More info
Compare product selection
NAB logo
Finder score
Finder score
Maximum Variable Rate p.a.
4.15%
Standard Variable Rate p.a.
0.10%
Intro/Ongoing
Ongoing rate
(conditions apply)
Balance $50,000 to $249,999
1 deposit
No withdrawals
More info
Compare product selection
NAB logo
Finder score
Finder score
Maximum Variable Rate p.a.
4.45%
Standard Variable Rate p.a.
1.25%
Intro/Ongoing
4 month intro rate
Balance up to $20,000,000
More info
Compare product selection
NAB logo
Finder score
Finder score
Maximum Variable Rate p.a.
1.60%
Standard Variable Rate p.a.
1.60%
Intro/Ongoing
Ongoing rate
(conditions apply)
Balance from $250,000
Aged 55+
More info
Compare product selection
NAB logo
Finder score
Finder score
Maximum Variable Rate p.a.
1.45%
Standard Variable Rate p.a.
1.45%
Intro/Ongoing
Ongoing rate
(conditions apply)
Balance $50,000 to $249,999
Aged 55+
More info
Compare product selection
NAB logo
Finder score
Finder score
Maximum Variable Rate p.a.
0.50%
Standard Variable Rate p.a.
0.50%
Intro/Ongoing
Ongoing rate
(conditions apply)
Balance from $10,001
More info
Compare product selection
NAB logo
Finder score
Finder score
Maximum Variable Rate p.a.
0.20%
Standard Variable Rate p.a.
0.20%
Intro/Ongoing
Ongoing rate
(conditions apply)
More info
Compare product selection
NAB logo
Finder score
Finder score
Maximum Variable Rate p.a.
0.15%
Standard Variable Rate p.a.
0.15%
Intro/Ongoing
Ongoing rate
(conditions apply)
Balance $1 to $9,999
Aged 55+
More info
Compare product selection
NAB logo
Finder score
Finder score
Maximum Variable Rate p.a.
0.95%
Standard Variable Rate p.a.
0.95%
Intro/Ongoing
Ongoing rate
(conditions apply)
Balance $10,000 to $49,999
Aged 55+
More info
Compare product selection
NAB logo
Finder score
Finder score
Maximum Variable Rate p.a.
0.00%
Standard Variable Rate p.a.
0.00%
Intro/Ongoing
Ongoing rate
(conditions apply)
Balance $0 to $10,000
More info
Compare product selection
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Showing 12 of 12 results

How the Finder Score helps you find a better savings account

The Finder Score is a simple score out of 10. The higher a savings account's score, the better we think it is for the average customer.

We score each savings account in our database of hundreds based on a data-driven methodology with 2 main criteria: Does the account offer a high interest rate? And is it easy for savers to actually earn that rate?

Read the full breakdown

Want more interest on your savings?

Compare now and find a better rate.

NAB bank accounts

5 of 5 results
Finder Score Monthly fee Govt. Guarantee Own network ATM fee Card type
Finder score
Monthly fee
$0
Government Guarantee
Own network ATM fee
$0
Card type
Visa
Go to siteMore info
Compare product selection
NAB logo
Finder score
NAB Classic Banking Account
Apple Pay Google Pay Samsung Pay Garmin Pay
Finder score
Monthly fee
$0
Government Guarantee
Own network ATM fee
$0
Card type
Visa
Get personalised cashback offers via the NAB app with NAB Goodies. T&Cs apply.
More info
Compare product selection
NAB logo
Finder score
NAB Business Interest Account ($10 Monthly Fee)
Apple Pay Google Pay Samsung Pay Garmin Pay
Finder score
Monthly fee
$10
Government Guarantee
Own network ATM fee
$0
Card type
Visa
More info
Compare product selection
NAB logo
Finder score
NAB Foreign Currency Account
Apple Pay Google Pay Samsung Pay Garmin Pay16 currencies
Finder score
Monthly fee
$0
Government Guarantee
Own network ATM fee
$0
Card type
Visa
More info
Compare product selection
NAB logo
Finder score
NAB Retirement Account
Apple Pay Google Pay Samsung Pay Garmin Pay
Finder score
Monthly fee
$0
Government Guarantee
Own network ATM fee
$0
Card type
Visa
More info
Compare product selection
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Showing 5 of 5 results

Finder Score for bank accounts

We assess multiple product features for transaction accounts from over 100 providers and assign each product a score out of 10.

Read the full methodology

Looking for a better bank account?

Compare everyday accounts and find one that works harder for you.

NAB term deposits

3 of 3 results
Finder Score 3 Mths p.a. 6 Mths p.a. 10 Mths p.a. 12 Mths p.a. 24 Mths p.a.
NAB logo
Finder Score
NAB Term Deposit
$5,000 min. deposit
Finder Score
3 Mths p.a.
2.75%
6 Mths p.a.
3.00%
10 Mths p.a.
3.25%
12 Mths p.a.
4.00%
24 Mths p.a.
3.40%
More info
Compare product selection
NAB logo
Finder Score
NAB Farm Management Deposits
$1,000 min. deposit
Finder Score
3 Mths p.a.
-
6 Mths p.a.
3.40%
10 Mths p.a.
-
12 Mths p.a.
4.00%
24 Mths p.a.
3.80%
More info
Compare product selection
NAB logo
Finder Score
NAB Business Term Deposit
$5,000 min. deposit
$1,999,999 max. deposit
Finder Score
3 Mths p.a.
2.75%
6 Mths p.a.
3.00%
10 Mths p.a.
3.25%
12 Mths p.a.
4.00%
24 Mths p.a.
3.40%
More info
Compare product selection
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Showing 3 of 3 results

Finder Score for term deposits

Finder Score assigns Term Deposit products a score out of 10, comparing interest rates and features, to make comparison easier. We assess over 150 products from more than 90 providers, assessing products across different terms to determine an average score per product.

Read the full methodology

Lock in a great rate

Compare term deposits to grow your savings with confidence.

Rates accurate as at: December 5th, 2025 Learn about our information service

What do Australians think of National Australia Bank (NAB) bank account?

  • 3.89/5 overall for Customer Satisfaction - lower than the average of 4.11
  • 4.09/5 for Trust - lower than the average of 4.43
  • 3.82/5 for Customer Service - lower than the average of 4.07

Based on National Australia Bank (NAB) bank account scores in Finder's 2024 & 2025 Customer Satisfaction Awards.

Pros and cons of banking with NAB

Pros

  • No monthly fees on NAB’s everyday transaction account
  • Range of transaction and savings account options
  • Option to upgrade to a Platinum Visa Debit Card with perks like no international fees and cashback offers
  • Supports Apple Pay, Google Pay and Samsung Pay
  • Strong network of branches and ATMs across Australia

Cons

  • Savings account interest rates are generally less competitive
  • Mobile app offers fewer budgeting and savings features compared to some other banks

How to apply for a NAB savings account

Applying online for a new bank account is fast and easy. You'll need identity documents such as your driving licence or passport. For more about the process, check out our full guide to opening an account online.

Sources

Alison Banney's headshot
Written by

Editorial Manager, Money

Alison is an editor at Finder and a personal finance journalist with over 10 years of experience, having contributed to major financial institutions and publications such as Westpac, Money Magazine, and Yahoo Finance. She is frequently quoted in media outlets like SmartCompany and SBS, offering expert insights on superannuation and money management. Alison holds a Bachelor of Communications in Public Relations and Journalism from the University of Newcastle, and has earned three ASIC RG146 certifications in superannuation, securities and managed investments and general financial advice, ensuring her expertise is fully aligned with ASIC standards. See full bio

Alison's expertise
Alison has written 660 Finder guides across topics including:
  • Superannuation
  • Savings accounts, bank accounts and term deposits
  • Budgeting and money-saving hacks
  • Managing the cost of living

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22 Responses

    Default Gravatar
    TrudiApril 29, 2017

    I have two investments coming due. $20,000 and $200,000 what is the best interest rate you can offer.

      Default GravatarFinder
      DeeApril 30, 2017Finder

      Hi Trudi,

      Thanks for reaching out.

      The interest rate that you can get depends on the type of account you want to get.

      If you are looking for a high-interest savings account, you can compare high-interest savings accounts on our website.

      You can earn up to 3.05% p.a. subject to certain conditions and eligibility criteria. You can take advantage of the savings calculator on top of the page to see which account can give you the highest earned interest for a particular time period.

      Alternatively, you may also consider getting a term deposit account. You may also use the term deposit calculator on the page to see which account can give you the highest earned interest for a specific time period.

      Cheers,
      Anndy

    Default Gravatar
    SenolApril 28, 2017

    Why can’t I transfer money between my classic account and my personal accounts through my internet banking which I just set up. Also why can’t I pay a bill with my classic account online

      Default Gravatar
      LiezlApril 29, 2017

      Hi Senol,

      Thank you for your question.

      If you have recently set up your NAB internet banking, please make sure that you have linked your classic, personal, and credit card accounts to your internet banking profile.

      Kindly note that in order to pay NAB Credit cards not linked to your internet banking profile, or credit cards at other financial institutions, you must use BPAY (accessed via the BILL payment function). You may also refer to our guide on paying your NAB credit card. Please ensure to read through the relevant product disclosure statement and terms and conditions to ensure that you got everything covered on your transactions.

      I hope this helps.

      Best regards,
      Liezl

    Default Gravatar
    GuenMarch 29, 2017

    Hi NAB/finder.com team,

    I need help please.
    1. How to close/delete some of my NAB bank accounts that already created?
    2. About NAB Reward Saver, is there any minimum amount has to be deposited each month after the first month deposit?
    3. How do you count the bonus interest?

    Thank you

      Default GravatarFinder
      DeeMarch 29, 2017Finder

      Hi Guen,

      Thanks for your question.

      You need to visit a NAB branch to close an account.

      For NAB Reward Saver, you’ll receive up to 2.55% p.a. (standard rate plus bonus rate) when you make at least one deposit of any amount and no withdrawals for the month.

      Cheers,
      Anndy

    Default Gravatar
    EdauFebruary 18, 2017

    Deposits more than 5 times to my rewards savers but never withdraw will I’ll be able to earn interests?

      Default GravatarFinder
      DeeFebruary 22, 2017Finder

      Hi Edau,

      Thanks for your question.

      For NAB Reward Saver, you’ll get the bonus interest rate when you make at least one deposit and no withdrawals in the month.

      Since you deposited into your account and did not make any withdrawals, you’ll be eligible to receive the 2.70% p.a. interest rate.

      Cheers,
      Anndy

    Default Gravatar
    RomeiJanuary 29, 2017

    I need to find an account that does not charge international withdrawal fees. Any suggestions, please.

      Default GravatarFinder
      JasonJanuary 29, 2017Finder

      Hi Romei,

      Thank you for your enquiry.

      Please check out linked debit cards that offer no overseas ATM withdrawal fees.

      I hope this helps.

      Kind regards,
      Jason

Read more on NAB Accounts

  • NAB Now Pay Later

    With no interest and no late fees, NAB Now Pay Later allows customers to spread the cost of purchases over 4 fortnightly payments.

  • NAB Retirement Account

    Make the most your fixed retirement funds by using them through an account that won't charge you any fees.

  • NAB Cash Manager

    The Cash Manager is a no fee interest bearing investment account for SMSFs, trusts and personal applicants.

  • NAB term deposit

    With NAB, you are given an opportunity to actively grow your savings using terms that meet your needs.

  • NAB iSaver Account Review

    The NAB iSaver is a simple way to manage your savings without worry. Sign on now and get the added benefit of an introductory bonus rate.

  • NAB Reward Saver account

    You'll get an incentive to save with bonus interest from the NAB Reward Saver account.

  • NAB Classic Banking transaction account

    With simplicity and no account fees, you can manage your purchases and cash withdrawals.

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