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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:
5.4% 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 3.75% p.a. (current standard variable interest rate) + 1.65% (4 months fixed bonus interest rate on new accounts) p.a. = 5.40% p.a. (current NAB iSaver rate on new accounts).
  • This rate is effective until 13 April 2010.
  • 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

ANZ, NAB and Westpac rates under review
Westpac Banking Corp. - the second largest home loan lender in Australia, Australian New Zealand (ANZ) and National Australia Banking Group (NAB) have all said their interest rates are ...
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Fri 12th Jun, 2009
NAB introduces free text banking
BRANCH-free banking is a step closer thanks to the National Australia Bank's introduction of banking by text. NAB customers can text instructions to their bank via its new SMS banking ...
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Tue 20th May, 2008