NAB Business Everyday Account ($10 Monthly Fee Option)

Enjoy peace of mind by paying one monthly fee for up to 30 transactions you make during each month.

This account offers unlimited EFTPOS, Internet banking and mobile banking transactions as well as up to 30 staff-assisted transactions in branch which are covered by the $10 monthly account fee. You'll get a linked Visa Debit Card which you can use wherever Visa is accepted worldwide, and you have the option of adding a NAB overdraft to the account if needed (subject to approval).

$10

Account keeping fee

$0

ATM withdrawal fee

$4

Overseas ATM withdrawal fee

3%

Overseas transaction fee

of transaction value

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Details

Product NameNAB Business Everyday Account ($10 Monthly Fee Option)
Monthly account fee$10
Card accessVisa
ATM Withdrawal Fee$0
International ATM Fee$4
International transaction fee3%
Monthly deposit required to waive account feeN/A
Contactless PaymentsGoogle Pay, Apple Pay, Samsung Pay, Fitbit Pay, Garmin Pay

Review by


Alison Banney is the banking and investments editor at Finder. She has written about finance for more than 8 years with her work featured on sites including Yahoo Finance, Money Magazine and Dynamic Business.

Expert review

This account is similar to the NAB Business Everyday $0 monthly fee account, however it charges a $10 monthly account fee in exchange for up to 30 staff-assisted transactions. You might think a $10 monthly account fee is a lot for an everyday account, but the $0 monthly fee account option charges $2.50 per staff-assisted deposit or withdrawal and $0.60 per cheque lodged.

With this account on the other hand, you could make up to 30 staff-assisted transactions which are all covered by the $10 monthly fee. If you make more than 30 transactions during the month, the most expensive 30 transactions will be free then you'll be charged a transaction fee for any additional.

You can also make unlimited free transactions via EFTPOS, Internet and mobile banking and you won’t be charged any fees when using the Visa Debit card to withdraw from NAB, CBA, Westpac or ANZ ATMs. You will pay for withdrawals made from non-NAB ATMs overseas, as well as a foreign transaction fee when using your debit card internationally, so keep this in mind if you do a lot of business travel.

Key features

$10 monthly fee

There is a $10 monthly fee for this account. This fee allows you to make 30 transactions, including in-branch deposits, withdrawals and cheques, per month with no charge. Any additional transactions will incur a fee of up to $2.50 per transaction. If you make more than 30 transactions during the month, the most expensive 30 transactions will be free of charge.

Unlimited ATM transactions

You get unlimited ATM transactions through NAB bank's network of ATMs. This means you won't have to pay any ATM withdrawal fees at NAB ATMs in Australia.


How to apply

It is important to compare the features of this account against other business banking accounts offered in the market. If the NAB Business Everyday Account ($10 Monthly Fee Option) has all the features you need, click on one of the "Apply now" links on this page to be taken to the NAB website. You can apply online in less than 10 minutes. If this account doesn't sound quite right for you, compare the other accounts offered by NAB instead.

Eligibility

  • Minimum age. You must be at least 18 years old to apply for this account.
  • Business requirements. You must be the owner or director of the business, and you will need to provide a valid ABN or ACN number.

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