The NAB Reward Saver is a simple savings account with a 5.00% interest rate designed to help customers reach their savings goals if they stay savvy with their saving, along with all the features you'd expect from a major bank.
NAB's Reward Saver incentivises saving by offering customers a 5.00% p.a. total interest rate if they make at least one deposit a month and refrain from making any withdrawals. The breaking of these conditions results in the interest rate reverting to a paltry 0.35% p.a. - something no serious saver wants to see.
Customers have access to a wide variety of free depositing options with unlimited branch, phone and interest transactions coming as part of the package. You are also able to utilise joint accounts.
The Reward Saver also has no limits or restrictions on account balance, allowing customers from all walks of life to get a good savings deal.
The NAB Reward Saver is perfect for anyone looking to start a savings regime and stick to it - especially if you know you can stick to those savings conditions!
Make sure you stick to the strict deposit and withdrawal conditions to keep that 5.00% p.a. total rate, or you'll be hit with the lower 0.35% p.a. standard rate.
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Balances from $1: 0.35% p.a. |
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Balances from $1: 5.00% p.a. |
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To earn the bonus interest, you must make no withdrawals and at least one deposit in the month (NAB need to receive the deposit on or before the second last banking day of the month). If you earn bonus interest, NAB calculates it using your daily closing balance throughout the month. |
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$0.00 |
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n/a |
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unlimited free transactions from branch, internet and phone |
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n/a |
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n/a |
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n/a |
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$0.00 |
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$0.00 |
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n/a |
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$0.00 |
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$0.00 |
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n/a |
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$0.00 |
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$0.00 |
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Monthly |
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no |
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n/a |
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no |
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no |
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no |
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yes |
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no |
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yes |
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yes |
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no |
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no |
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none |
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none |
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none |
I like everything about the nab bank
Read full reviewI like everything about the nab bank
Good bank offering good products and services
Read full reviewGood bank offering good products and services
Never had a problem.
Read full reviewNever had a problem.
Great
Read full reviewI rate as the very best bank I find the staff so helpful and polite and friendly and knowledgeable and just all round warm and caring I have never had any problems with them I think they are great I have been going there nearly all my life
Read full reviewI rate as the very best bank I find the staff so helpful and polite and friendly and knowledgeable and just all round warm and caring I have never had any problems with them I think they are great I have been going there nearly all my life
High Interest Savings Account
5.75% p.a. (for $0 to $250,001)
4.40% p.a.(for $0 to $250,001)
Yes up to $250,000
Savings Account
5.35% p.a. (for $0 to $250,000)
4.75% p.a.(for $0 to $1,000,000)
Yes up to $250,000
Reward Saver Account
5.25% p.a. (for $0 to $1,000,000)
0% p.a.(for $0 and over)
Yes up to $250,000
AMP Saver Account
5.40% p.a. (for $0 to $250,000)
1.20% p.a.(for $0 to $5,000,000)
Yes up to $250,000
Savings+Bonus
5.00% p.a. (for $0 to $250,000)
2.00% p.a.(for $0 to $250,000)
Yes up to $250,000
Save Account
5.10% p.a. (for $0 to $250,000)
0.10% p.a.(for $0 and over)
Yes up to $250,000
Bonus Saver Account
5.00% p.a. (for $0 to $250,000)
0.05% p.a.(for $0 and over)
Yes up to $250,000
High Interest Savings Account
5.75% p.a. (for $0 to $250,001)
Yes up to $250,000
4.40% p.a.(for $0 to $250,001)
Savings Account
5.35% p.a. (for $0 to $250,000)
Yes up to $250,000
4.75% p.a.(for $0 to $1,000,000)
Save Account
5.10% p.a. (for $0 to $250,000)
Yes up to $250,000
0.10% p.a.(for $0 and over)
AMP Saver Account
5.40% p.a. (for $0 to $250,000)
Yes up to $250,000
1.20% p.a.(for $0 to $5,000,000)
Savings+Bonus
5.00% p.a. (for $0 to $250,000)
Yes up to $250,000
2.00% p.a.(for $0 to $250,000)
Reward Saver Account
5.25% p.a. (for $0 to $1,000,000)
Yes up to $250,000
0% p.a.(for $0 and over)
Bonus Saver Account
5.00% p.a. (for $0 to $250,000)
Yes up to $250,000
0.05% p.a.(for $0 and over)
Reward Saver Account
0% p.a.(for $0 and over)
5.25% p.a. (for $0 to $1,000,000)
Yes up to $250,000
Save Account
0.10% p.a.(for $0 and over)
5.10% p.a. (for $0 to $250,000)
Yes up to $250,000
Bonus Saver Account
0.05% p.a.(for $0 and over)
5.00% p.a. (for $0 to $250,000)
Yes up to $250,000
Reward Saver
0.30% p.a.(for $0 and over)
5.25% p.a. (for $0 to $100,000)
Yes up to $250,000
Ziggy Kids Saver
0.01% p.a.(for $0 and over)
3.01% p.a. (for $0 and over)
Yes up to $250,000
Progress Saver
0.01% p.a.(for $0 and over)
4.25% p.a. (for $0 and over)
Yes up to $250,000
