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NAB Business Interest Account

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Earn tiered interest up to 0.05% p.a. on every dollar in this NAB business account.

This is a transaction account suited for businesses that carry a large balance and make minimal transactions. It pays interest, so it offers the best of both worlds: an everyday account and a savings account. Your business can earn a tiered interest rate on every dollar in this account, up to 0.05% p.a., and there is easy access to your balance when needed.

$10

Account keeping fee

$0

ATM withdrawal fee

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Details

Product NameNAB Business Interest Account ($10 Monthly Fee)
Monthly account fee$10
Card accessVisa
ATM Withdrawal Fee$0
Monthly deposit required to waive account feeN/A

Expert review

Alison Banney

Review by


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

Expert review

There is a $10 monthly fee for this account plus additional transaction fees, so it’s best suited for customers who make minimal transactions, but need easy access to their balance.

Key features

Tiered interest rate up to 0.05% p.a.

You will earn a flat interest rate on all tiers which is currently 0.05% p.a..

Monthly fee

There is an ongoing $10 monthly fee.


How to apply

It's important to compare the features of this account against other business banking accounts. If you decide the NAB Business Interest Account has all the features you need, click on one of the "Apply now" links on this page. You can apply online in less than 10 minutes. If you don't believe this account has the features you need, 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 a business, and you'll need to provide a valid Australian Business Number (ABN) or Australian Company Number (ACN).

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