Bread Crumb Trail

Banking & Saving NAB Savings Accounts

Compare NAB Savings Accounts

Compare NAB Savings Accounts – read our review and compare the features and benefits available from NAB. Make an informed decision to find a Savings Account that suits you.

NAB Savings Accounts Review

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.

Features

Interest Rate:
6% AER
Minimum Balance:
$1
Monthly Fee:
$0

Account Description

Get instant access to your funds 24/7 without the temptation of ATM access. Instead transfer your funds into an eligible NAB everyday banking account using NAB Internet Banking or NAB Telephone Banking, from which you can transact in all the usual ways.

  • Get 4.25% p.a. (current standard variable interest rate) + 1.75% (4 months fixed bonus interest rate on new accounts) p.a. = 6.0% p.a. (current NAB iSaver rate on new accounts).
  • Interest is calculated daily and paid monthly
  • Open an account with $1
  • Pay no transaction or account keeping fees
  • Make unlimited deposits and withdrawals
  • No Direct ATM withdrawal instead withdraw via transfer to other account or beneficiary.

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. ...
Read More >
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. ...
Read More >
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. ...
Read More >
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. ...
Read More >
Tue 20th Apr, 2010
NAB slashes most personal bank account fees
Personal bank account fees have been reduced by one bank. ...
Read More >
Wed 14th Apr, 2010
NAB standard variable interest rate now effective
An increase of 0.25 per cent on the NAB's standard variable interest rate is now effective. ...
Read More >
Fri 9th Apr, 2010
NAB 'keen to make Australian banking fairer'
Steps are being taken by National Australia Bank to offer a fairer and more effective service to customers. ...
Read More >
Thu 18th Mar, 2010