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NAB Overview

National Australia Bank (also know as NAB) is one of Australia's biggest financial institutions and banks based on market capitalisation and customers. It is one of the top 30 financial services companies in the world with total assets of A$657 billion (figures from September 2008) operating in 10 countries with 6 million banking customers and over 2.3 million wealth management customers.

NAB offer a range of personal and business financial products which include credit cards, savings accounts and banking, loans, homeloans and insurance.
NAB Credit Cards offer great rates together with a range of benefits such as introductory periods with 0% on balance transfers and very low annual fees, plus low rates after initial bonus periods expire. Customers can also benefit from up to 55 interest free days, providing you with time to pay off balances over a period that suits you.

Customers can access credit card statements online with the NAB online banking service, allowing you to manage your account 24 hours a day, 7 days a week.

NAB credit cards come with up to 55 interest free days on purchases (where applicable), which effectively allows you to delay payment for any purchases you make over the set period. As long as you always ensure your balance is paid off in full within the agreed interest free period, you won't pay any interest. If you require additional time to make the payment, the typical interest rate will be applied to your balance.
NAB offer a range of bank accounts designed to suit all your banking needs. NAB bank accounts provide customers with the convenience of a free NAB Visa Debit card.

Deposit a minimum of $2,500 per month into your ebanking account; $3,500 into your classic account; or $4,000 into your Gold account and NAB will waive your monthly account service fee.

Manage your account at a time that is convenient to you, using NAB's Internet and Telephone Banking services.

All NAB Savings Accounts are protected by the Australian Government Deposit Guarantee, which guarantees individuals protection on deposits of up to $1 million per institution or bank.
Whatever it is you're saving for, NAB provide great savings accounts that give you easy access to your money and help your savings to grow through high interest rates.

NAB savings accounts offer a range of attractive features across its range, which include no transaction or monthly account service fees, no minimum balance, unlimited deposits and withdrawals and online and telephone banking services.

All NAB Savings Accounts are protected by the Australian Government Deposit Guarantee, which has been set up to ensure that all individuals are covered for deposit balances of up to $1 million per institution or bank.
NAB Term Deposits provide savers with a secure investment with a fixed return. Unlike regular savings accounts, these accounts are not affected by rate changes, thus providing a predictable income.

NAB Term Deposits are ideal for those that want to lock their money away to grow, with investments of $1000 and up, and you are in control of the term you wish to choose, with periods ranging between just 30 to 2 years.

NAB Term Deposits offer attractive interest rates that are fixed for the chosen term, with interest paid every month, 3 months, six months, or 12 months (for deposits of $5000 or more over a 12 month+ term), and can be paid directly into your NAB account, into another bank account held with another provider, or you can even have it added into a new NAB Term Deposit account.

There are no opening or monthly fees and getting started is easy!

NAB News

NAB: No immediate plans to change credit card and term deposit rates
One bank has noted it will not be upping its rates on a selection of products for the time being. ...
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Wed 2nd Jun, 2010
NAB increase interest on savings accounts
People with savings accounts at the National Australia Bank could be alerted to news it has upped the interest on some of its savings accounts. ...
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Fri 7th May, 2010
Abolition of over-limit credit card fee 'helped NAB to win awards'
Abolishing the over-limit fee on credit cards has resulted in NAB being rewarded. ...
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Wed 28th Apr, 2010
NAB: Interest rate rise could happen pretty soon
The interest rate may be about to increase again, one organisation has said. ...
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Tue 20th Apr, 2010
NAB slashes most personal bank account fees
Personal bank account fees have been reduced by one bank. ...
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Wed 14th Apr, 2010