In this guide

  • Our verdict
  • Details
    • Key details
  • Key features
  • How to apply
  • Your reviews
  • Ask an expert
Finder makes money from featured partners, but editorial opinions are our own.

NAB iSaver Account Review

NAB iSaver

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

Compare other options
Maximum variable rate
5.00% p.a.
Base interest rate

Our verdict

Earn 5% p.a. for 4 months with this flexible savings account from NAB.

This account offers a variable rate of 5% p.a. for the first 4 months for balances up to $20,000,000. The good thing about this account is that there are no deposit conditions to meet to earn interest, and you can make withdrawals at any time while still earning interest.

However, after the introductory period ends your interest rate will revert to the standard variable rate of 2% p.a.. This rate is a lot lower than other bonus savings accounts in the market right now, however there are no conditions to meet which might suit you well if you don't want to commit to a monthly deposit.


  • 5.00% p.a. for 4 months
  • No deposit conditions or withdrawal restrictions
  • $0 account keeping fees
  • Earn bonus interest on large balances up to $20,000,000


  • Interest rate drops to 2% after the intro period
  • Must link to an NAB everyday account
  • Interest rate is lower than other savings accounts in the market

In this guide

  • Our verdict
  • Details
    • Key details
  • Key features
  • How to apply
  • Your reviews
  • Ask an expert

This account offers a variable bonus interest rate of 5% p.a. for the first 4 months after opening the account, with no deposit conditions to meet. You can also make as many withdrawals from the account as needed while still earning interest.

After the introductory period you’ll earn an ongoing variable rate of 2% p.a. with no conditions to meet.


Key details

Product Name NAB iSaver
Maximum Variable Rate 5.00% p.a.
Standard Variable Rate 2.00% p.a.
Monthly Account Fee $0
Minimum Opening Deposit $0
Minimum Age 14

Key features

Earn up to 5% p.a. for 4 months

This account offers an introductory variable bonus rate of up to 5% p.a. for the first 4 months after opening the account. After this period you'll earn the standard variable interest rate of 2% p.a. on your account balance. There are no deposit conditions to meet, and you can make withdrawals while still being eligible for interest.

The interest rate is variable, meaning it can change at any time.

No monthly fees

With NAB's iSaver you pay no monthly account keeping or maintenance fees.

Unlimited free transactions

Move funds in and out of the account as needed, without incurring fees, and keep earning interest on your balance.

How to apply

You can apply online or in the NAB app in less than 10 minutes. You also don't need to be a current NAB customer to apply online.

Eligibility to apply online

Before you start, check if you're eligible to apply online.

  • At least 14 years old
  • You're an Australian resident for tax purposes
  • You can apply for either an individual or joint account

Your reviews

No reviews yet. Write a review

Ask an expert

Ask a question

Staff Finder


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

Error label

You are about to post a question on

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • 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 Terms of Use, Disclaimer & Privacy Policy and 6. Finder Group Privacy & Cookies Policy.

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



March 18, 2023

I took up NAB 4% introductory offer and expected no fees on withdrawals as advertised. This is not true. If I want to move money, I have to move it into the current account and then if the transfer is more than $30,000 I have to pay a $35 fee. How is this free? Was I misinformed by NAB staff?

Show more Show less

Alison Banney Finder

March 20, 2023

Hi Gus,

According to NAB’s site and the PSD document there shouldn’t be a fee for making an internal transfer. However, if it’s an international transfer a fee may be charged.

We suggest you get in touch with NAB directly to clarify why this fee would be charged.



Show more Show less


November 22, 2022

We have just less than $1m from the recent sale of our house but expect to use a large proportion of that witching six months on the purchase of a new house. If we deposit this in a NAB iSaved account, will be receive 3.5% or thereabouts regardless of when we complete a major redraw?


Alison Banney Finder

December 02, 2022

Hi David,

This account currently offers 3.5% p.a. for the first 4 months after opening the account. There are no conditions to meet to earn this (except you need to be a new customer). You can make withdrawals at any time and still earn this rate for the first 4 months.



Show more Show less


April 04, 2019

Can you advise the cost of transfer of transferring say $50,000.00 to a Singapore bank account with another bank from a NAB savings account.

Can you advise how much for an internet transfer and an over the counter transfer of $50,000.00?


Jeni Finder

April 05, 2019

Hi John,

Thank you for getting in touch with Finder.

For this large sum money transfer, it is best that you contact NAB directly for a more accurate info on this matter.

I hope this helps.

Thank you and have a wonderful day!





November 17, 2018

After 4 months of iSaver introduction rate, are you able to renew for a further 4 months 2.55% rate?


Jhezelyn Finder

November 30, 2018

Hello Ray,

Thank you for your comment.

Please note that the 4-month 2.55% p.a. interest rate is an introductory offer. The interest rate is the total of 0.50% p.a.Standard Variable Rate and 2.05% p.a. Bonus Variable Rate. Unfortunately, the introductory offer of 4 months is not renewable.

Should you wish to have real-time answers to your questions, try our chat box on the lower right corner of our page.



Show more Show less


October 16, 2017

I have funds on I-saver account. What is the maximum interest % I am earning on this account at the moment? Can you do better?



October 16, 2017

Hello Susan,

Thank you for your inquiry.

The current standard variable rate of this product is 1.05% per annum with a bonus of 0.85% for the first 4 months, making it 1.90% per annum as an introductory rate.

You can see other high-interest savings account that you may qualify for. We have a calculator at the top of our comparison table for ease of reference. Once you have chosen a particular account, you may then click on the “Go to site” button to be redirected to the bank’s website where you can proceed with your application or get in touch with their representatives for further assistance.

It is worth reminding to review their account opening requirements and Product Disclosure Statement, prior to application.

Hope this helps.



Show more Show less
Go to site