NAB Business Cash Maximiser

NAB Business Cash Maximiser

Maximum Variable Rate


Standard Variable Rate


The Business Cash Maximiser from NAB provides you with a flexible way to access your money online, while letting it grow with a competitive interest rate.

  • Access funds through internet banking, NAB Connect and telephone banking
  • Link this account to any NAB business transaction account
  • No account keeping fees

Product details

Businesses could benefit from the earned interest on their excess working capital, while having it ready to use when needed. The NAB Business Cash Maximiser is a no-fee savings account that still allows total access to the funds through online banking.

Earn a competitive interest rate when you meet the balance requirements.

Product Name
NAB Business Cash Maximiser
Maximum Variable Rate
0.70% p.a.
Standard Variable Rate
0.70% p.a.
Monthly Fee
Minimum Opening Deposit
Internet Banking
Internet Transaction Fee
Phone Banking
Phone Transaction Fee
Joint application?
Minimum Age Requirement
Maximum Age Requirement
No Maximum Age
Covered by Government Guarantee?
Yes (Up to $250,000 per person, per institution)

What are the features of the NAB Business Cash Maximiser account?

Look at what other Australian banks offer with similar products, and compare their features to what the NAB Business Cash Maximiser is providing:

  • Monthly account keeping fee. NAB charges no monthly fees when you use this account.
  • Interest. Competitive interest is earned on balances that are of $10,000 or higher.
  • Interest payments. Interest is calculated on every dollar daily when the balance is above $10,000 and deposited into your account monthly.
  • Accessibility. This is an online account where you make transfers electronically using NAB Internet Banking, NAB Connect or NAB telephone banking.
  • Linked account. You must have a NAB business transaction account in order to be able to link the savings account and make transfers. Other fees may apply with the use of the linked account.


  • $0 monthly account fee
  • Online savings account with easy access


  • A minimum opening balance of $10,000.

How do I apply for the NAB Business Cash Maximiser?

If you are a sole trader, partnership or have one or two directors, you can apply for the Business Cash Maximiser online by clicking “Go to Site”. Larger businesses should call NAB direct for assistance with filling out the application. You will be asked first to verify that you are eligible for this account:

  • Minimum age. Applicants for this business savings account must be at least 18 years of age.
  • Residency requirements. Australian permanent residents may apply for this account online, so long as the business is also registered in Australia. For individuals who are citizens of the United States, residents for tax purposes or are applying for a business outside of Australia, you will need to speak directly with a NAB representative.
  • Depository requirements. You are required to make an initial deposit of at least $10,000, but once the account has been established, you are not required to maintain that balance. Keep in mind however that if you do fall below that balance, interest will not be calculated.

When filling out the application you will be asked to provide specific information that can be found both on your business and personal documents:

  • Tax file number. As this is an interest earning account, providing NAB with your tax file number (TFN) or TFN exemption code ensures that tax on your interest earnings is being withheld at the correct amount.
  • Identification. All persons named on the account must be able to provide proof of identity using a photo identification document. If NAB is unable to electronically verify your identity you will have to visit a branch to complete this part of the application.
  • Transaction account details. If you do not already have a business transaction account with NAB, you will first be prompted to set one up. You will then need to add the BSB and account number to your savings account application.
  • Business details. You must provide either your Australian Business Number (ABN) or Australian Company Number (ACN) in order to complete the application.

After submission of your application, NAB will contact you with requests for additional information. If they have all that they need, you will be notified of your account details by email so that you can begin to make use of your new business savings account.

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