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  • NAB Gold Banking

    • Gold Banking card from NAB
    • nab, rediATM

    • Visa Debit or
      EFTPOS

    NAB Gold Banking Review

    Review published: 31 October 2011

    What's hot:

    • No overseas ATM fees
    • Zero foreign currency transaction fees
    • Complimentary travel insurance and purchase protection

    What's not:

    • Monthly deposit of $5000 needed to avoid the $10 monthly fee

    Mozo snapshot:

    The NAB Gold Visa Debit card is the gold standard of travel debit cards. It has zero overseas ATM fees and no overseas transaction fees from NAB plus if you book your return airfare or pay for accommodation with your Gold Visa Debit Card you'll also get complimentary overseas travel insurance.

    Key features: The NAB Gold Visa Debit Card has all the features of a standard debit card such as free NAB ATM access, EFTPOS, internet and telephone banking. Plus you can shop wherever Visa is accepted including using Visa payWave (for purchases under $100) at no extra cost.

    For the international holiday maker, as long as you make withdrawals at ATMs with the PLUS sign, NAB does not charge you an ATM fee nor will they charge you a transaction fee for purchases made in foreign currency using your NAB Gold Visa debit Card. The card also comes with purchase protection insurance which covers goods that are lost, stolen or damaged within 90 days of purchase.

    The Complimentary overseas travel insurance only kicks in if you have paid a minimum of $500 in pre-paid overseas transport cost such as airfares, rail, car and or accommodation costs on your NAB Gold debit card. So before you take off, be sure to read the full policy document to make sure you're aware of any limitations.

    Who it's good for: This is a great travel debit card for the frequent international traveller or online bargain hunter who wants to avoid foreign currency transaction charges and high ATM charges.

    Any catches? Like most transaction bank accounts this debit card does not pay any interest so unless you are using it regularly for international travel or online shopping you need to weigh up the benefit of paying the $10 account fee or depositing at least $5,000 per month into the banking account.

    How are NAB bank accounts rated by the Mozo community?

    Product Type Overall Price Features Service Convenience Trust
    NAB bank accounts 7.4 Based on 273
    NAB bank account reviews
    7.3 6.4 7.2 7.8 7.3

    Read NAB bank account reviews by the Mozo community

    Latest reviews of NAB Gold Banking

      • NAB Gold Banking

        NAB Gold Banking

        • $10.00

          account fee

        • Visa Debit or
          EFTPOS

          type of card

        Show Fees

        frustrating processes

          1. Overall customer rating
          2. (Reviewed 9 days ago)

        I recently went with my son to organise a debit card for him as he had a part time job and wanted to access his money. After a lengthy process in the actual bank which required me to take my son out of school because of the hours the bank was open...       Full review 

        I recently went with my son to organise a debit card for him as he had a part time job and wanted to access his money. After a lengthy process in the actual bank which required me to take my son out of school because of the hours the bank was open - (and multiple id requirements) we finally left with promises that it would be sent out in the mail. When we received the card it wouldn't allow him to withdraw funds and we discovered it was a 'deposit only' card! I contacted them to let them know of their mistake only to be told I would have to repeat the whole process again - including bringing my son on a school day. After a few weeks we finally got what we originally wanted.


          1. Price
          1. Features
          1. Service
          1. Convenience
          1. Trust
        Less
        NAB debit card review by Elly from New South Wales

        Was this review helpful?

        Yes
      • NAB Gold Banking

        NAB Classic Banking

        Show Fees

        Easy access and responsive

          1. Overall customer rating
          2. (Reviewed 9 days ago)

        They make banking easy by doing what I need when I need it. I can access the account online via my mobile or enter a branch which is handy.       Full review 

        They make banking easy by doing what I need when I need it. I can access the account online via my mobile or enter a branch which is handy.


          1. Price
          1. Features
          1. Service
          1. Convenience
          1. Trust
        Less
        NAB bank account review by Guy from Victoria

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        Yes
      • NAB Gold Banking

        NAB Gold Banking

        • $10.00

          account fee

        • Visa Debit or
          EFTPOS

          type of card

        Show Fees

        EXCELLENT CUSTOMER SERVICE AND INTERNET BANKING

          1. Overall customer rating
          2. (Reviewed 10 days ago)

        I LIKE NAB BECAUSE THEY ARE EFFICIENT AND FRIENDLY. THEY HAVE APPROACHABLE AND FANTASTIC CUSTOMER SERVICE AND EXCELLENT INTERNET BANKING. THEY ARE ALSO VERY SECURE REGARDING YOUR SECURITY.       Full review 

        I LIKE NAB BECAUSE THEY ARE EFFICIENT AND FRIENDLY. THEY HAVE APPROACHABLE AND FANTASTIC CUSTOMER SERVICE AND EXCELLENT INTERNET BANKING. THEY ARE ALSO VERY SECURE REGARDING YOUR SECURITY.


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          1. Features
          1. Service
          1. Convenience
          1. Trust
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        NAB debit card review by David from Western Australia

        Was this review helpful?

        Yes
      • NAB Gold Banking

        NAB Gold Banking

        • $10.00

          account fee

        • Visa Debit or
          EFTPOS

          type of card

        Show Fees

          1. Overall customer rating
          2. (Reviewed 10 days ago)

        I have been with NAB for around 7 years now and they have no charges on my account and reasonable interest rates and they are very easy to deal with and always helpful. I have no problems with them and would tell anybody about how good I think the...       Full review 

        I have been with NAB for around 7 years now and they have no charges on my account and reasonable interest rates and they are very easy to deal with and always helpful. I have no problems with them and would tell anybody about how good I think they are to deal with.


          1. Price
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          1. Convenience
          1. Trust
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        NAB debit card review by Darren from Queensland

        Was this review helpful?

        Yes

    Fees

    Account fee
    $10.00
    Account fee waiver
    If monthly deposit of at least $5000
    Free transactions per month
    unlimited free transactions from own-bank ATM, Visa Debit, OTC deposit/withdrawal, eftpos, phone, internet, cheque. Most overseas ATMs at no extra cost.
    Network ATM fee
    $0.00
    ATM networks
    nab, rediATM
    Other bank ATM fee
    $0.00
    Over the counter deposit fee
    $0.00
    Over the counter withdrawal fee
    $0.00
    Eftpos fee
    $0.00
    Phone fee
    $0.00
    Internet fee
    $0.00
    Cheque fee
    $0.00
    Overseas ATM fees
    $0.00
    Foreign exchange commission
    0.00%

    Rates

    Rates
    Balances from $0: 0.01%pa
    Special Rates
    none
    Special rate conditions
    none

    Features

    Daily atm withdrawal limit
    $2,000.00
    Eftpos card
    yes
    Mastercard debit card
    no
    Visa debit card
    yes
    Branch access
    yes
    Cheque book
    yes
    BPAY
    yes
    Australia post banking
    yes
    Other restrictions
    none
    Other benefits
    Overseas Travel Insurance; 90 day Purchase Protection Insurance

    Other financial bits

    Minimum opening deposit
    $1.00
    Minimum balance
    $0.00

    About NAB

    National Australia Bank is one of the big four banks who provide a large variety of financial products to the Australian Community. In recent times NAB has set itself apart from the other big four banks; by expanding their ATM network, removing many fees and maintaining low standard variable home loan rates. NAB’s changes to its financial products have made their home loan, credit card, loans, savings accounts and personal loans more competitive within the banking industry.

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