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NABNAB is the new name for National Australia Bank, one of Australia’s Big Four banks. These days, NAB is focusing on providing smarter banking services and making local banking easier. Recent NAB initiatives include a range of low-fee and fee-free everyday banking accounts and faster turnaround on personal loan, home loan and credit card approvals. If that’s not enough, NAB also plans to be carbon neutral by 2010! |
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|---|---|---|
| NAB Long Term Deposit ($5000 to $19999) | ||
| Overall Customer Rating | 7.1#7 BASED ON 76 REVIEWS |
|
| Price Rating | 6.3 | |
| Features Rating | 5.8 | |
| Service Rating | 7.1 | |
| Convenience Rating | 7.5 | |
| Trust Rating | 7.2 | |
| What next? |
| NAB Long Term Deposit ($5000 to $19999) | ||
| Interest Payment Options (different interest rates apply to different amounts or different interest payment frequencies) |
monthly, quarterly, half-yearly | |
| 30 Day Rate | ||
| 60 Day Rate | ||
| 90 Day Rate | ||
| 120 Day Rate | ||
| 150 Day Rate | ||
| 180 Day Rate | ||
| 270 Day Rate | ||
| 1 year (annual interest) | 6.00% | |
| 2 year (annual interest) | 6.00% | |
| 3 year (annual interest) | 7.00% | |
| 4 year (annual interest) | 5.00% | |
| 5 year (annual interest) | 6.75% | |
| What next? |
| NAB Long Term Deposit ($5000 to $19999) | ||
| Partial Early Withdrawal Penalty | reduced interest | |
| What next? |
| NAB Long Term Deposit ($5000 to $19999) | ||
| Minimum Deposit | $5,000.00 | |
| Maximum Deposit | $19,999.00 | |
| What next? |
| NAB Long Term Deposit ($5000 to $19999) | ||
| Interest Payment Options | direct credit, cheque, cash | |
| Interest Paid To Another Financial Institution | no | |
| Automatic Rollover | yes | |
| Other Restrictions | ||
| Other Benefits | Can elect to trade up - allows you to take advantage of an interest rate rise if there is one during your investment term. | |
| What next? |
Overall Rating
2Pricing
3Product Features
3Customer Service
2Convenience
3Trust
2Local branch moved, no longer convenient; business banking center not interested in you as a customer unless you have a loan with them, a normally operated account is not enough to attract their interest or even to get them to return phone calls; – Kerry from New South Wales, a NAB term deposit customer. Reviewed 12 days ago
Overall Rating
8Pricing
6Product Features
7Customer Service
9Convenience
8Trust
9Very quick and easy, the staff were very knowledgeable. – karen from Australian Capital Territory, a NAB term deposit customer. Reviewed 2 months ago
Overall Rating
10Pricing
9Product Features
5Customer Service
10Convenience
10Trust
10Good interest rate from a reliable bank who were super helpful. – Lorrie from Queensland, a NAB term deposit customer. Reviewed 2 months ago
Overall Rating
6Pricing
5Product Features
5Customer Service
5Convenience
9Trust
5I have had no major issues with this product at all. – Rose from Victoria, a NAB term deposit customer. Reviewed 2 months ago
Overall Rating
8Pricing
8Product Features
7Customer Service
8Convenience
7Trust
7I like the fact that the NAB bank will be the first to abolish fees. It should be setting the bar for other banks to follow suit. – Kate from South Australia, a NAB term deposit customer. Reviewed 2 months ago
See all NAB term deposit reviews
Find more term deposits by visiting our compare term deposits page.
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