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NAB Classic Banking Account (with Platinum Visa Debit Card)

Advertiser disclosure
Account fee
$10.00
Payment options
Apple Pay, Google Pay, PayID, Samsung Pay
Interest rate
0.01% p.a.

Mozo editorial review NAB Classic Banking Account (with Platinum Visa Debit Card)

Last updated: 13 January 2020.

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What's hot
  • Customer perks, including extended warranty and travel insurance
  • NAB concierge services
  • No overseas purchases fees
What's not
  • $10 monthly account fee
Mozo snapshot

The NAB Classic Banking Account has an option for a Platinum Visa Debit Card, which has a bunch of fairly unique features for a debit card, including travel insurance, purchase protection and 1% cashback on cashless purchases (up to $10 a month). This is on top of the usual benefits of unlimited free transactions over the phone, online and in branch. However, there is a $10 monthly account fee.

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Key features

The Platinum Visa Debit Card is a different sort of debit card, in that is has some of the features you might expect to see on a credit card.

For starters, it comes with 7 complimentary insurances, including overseas travel insurance, domestic hotel burglary insurance, extended warranty insurance and purchase protection insurance.

You’ll also have access to the NAB Concierge Service, which can be used to help book hotels, tickets to events and make restaurants reservations.

Another one of the more distinctive features of the Platinum Visa Debit Card is its contactless purchases cashback offer. For purchases you make using Visa payWave, NAB Pay or Fitbit Pay you’ll get 1% back, up to $10 a month.

If you are travelling or ordering overseas products online, you won’t be charged any overseas fees, or foreign exchange commission, making traveling and online shopping all that much better.

And while very small, the account will also earn 0.01% interest.

But all this value does come with a price tag - there’s a $10 monthly fee to take into account.

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Who is it good for

The NAB Classic Banking Account with Platinum Visa Debit Card is great for a spender who’s in the market for a debit card, but still keen to cash in on some premium perks usually reserved for credit cards.

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Any catches

The NAB Classic Banking Account with Platinum Visa Debit Card has a $10 monthly account fee. This can add up if you aren’t using any of the services and not getting any money back through its cashback program.

Details

Rates and fees information correct as at 5 December 2020. Mozo has robust processes to ensure our site is updated to reflect the latest information from providers. There may be the odd occasion where updates are delayed, so please confirm information before purchasing.
Rates
  • Balances from $0: 0.01% p.a.

  • n/a

  • n/a

Fees
  • $10.00

  • n/a

  • Unlimited free transactions from own-bank ATM, EFTPOS, counter withdrawals, counter deposits, phone, internet and Visa debit purchases

  • $0.00

  • NAB

  • $0.00

  • $0.00

  • $0.00

  • $0.00

  • $0.00

  • $0.00

  • $0.00

  • $5.00

  • 0%

  • $10.00 monthly

Other financial bits
  • $1.00

  • $0.00

Features
  • $2,000.00

  • yes

  • no

  • yes

  • yes

  • yes

  • yes

  • yes

  • none

  • 1% cashback on contactless payments up to $10/month. Range of complimentary insurances including travel, 90 day purchase protection, extended warranty and price protection

Atm card
  • $5.00

  • $0.00

  • 0%

Debit card
  • $5.00

  • $0.00

  • 0%

Payment options

Apple Pay, Google Pay, PayID, Samsung Pay

Customer Reviews

How are NAB bank accounts rated by the Mozo community?

Overall
7.7/10

Based on 3935 NAB bank account reviews

Price
7.3/10
Features
6.7/10
Customer service
7.7/10
Convenience
7.9/10
Trust
7.7/10

Latest reviews of NAB Classic Banking Account (with Platinum Visa Debit Card)

  • Overall 8/10
    Very happy with the service from NAB.

    I am very happy with the service my local NAB branch gives me. They are helpful and the customer service is excellent.

    Read full review

    I am very happy with the service my local NAB branch gives me. They are helpful and the customer service is excellent.

    Price
    10/10
    Features
    7/10
    Customer service
    9/10
    Convenience
    10/10
    Trust
    10/10
    Less
    Carol, Queensland reviewed 21 days ago
  • Overall 8/10
    Great service, not the best interest rates

    Customer service is brilliant, they are always willing to listen and kept me updated as they worked though stuff for me. Interest rates weren’t the best as a student but now they have improved.

    Read full review

    Customer service is brilliant, they are always willing to listen and kept me updated as they worked though stuff for me. Interest rates weren’t the best as a student but now they have improved.

    Price
    8/10
    Features
    7/10
    Customer service
    9/10
    Convenience
    9/10
    Trust
    9/10
    Less
    Annabelle, New South Wales reviewed 24 days ago
  • Overall 5/10
    Treatment is unfair.

    This bank does not help people who are on a CentreLink payment. I applied for their lowest card and I was knocked back. They don't care to help people like myself.

    Read full review

    This bank does not help people who are on a CentreLink payment. I applied for their lowest card and I was knocked back. They don't care to help people like myself.

    Price
    1/10
    Features
    1/10
    Customer service
    1/10
    Convenience
    5/10
    Trust
    1/10
    Less
    Loretta, Queensland reviewed 25 days ago
  • Overall 6/10
    Plain simple banking.

    Friendly service, good account without all the bells and whistles. Plain simple banking.

    Read full review

    Friendly service, good account without all the bells and whistles. Plain simple banking.

    Price
    6/10
    Features
    4/10
    Customer service
    6/10
    Convenience
    5/10
    Trust
    7/10
    Less
    Suzanne, Queensland reviewed 28 days ago
  • Overall 8/10
    NAB rocks harder than Keith Richards

    I’ve been with NAB since 1992. I’ve applied and paid off a heap of loans with them. They have always given me a good interest rate. The telephone banking staff most of the time go along with my funny/sarcastic sense of humour. I get off the phone to Nab smiling, not like Telstra.

    Read full review

    I’ve been with NAB since 1992. I’ve applied and paid off a heap of loans with them. They have always given me a good interest rate. The telephone banking staff most of the time go along with my funny/sarcastic sense of humour. I get off the phone to Nab smiling, not like Telstra.

    Price
    9/10
    Features
    6/10
    Customer service
    8/10
    Convenience
    9/10
    Trust
    8/10
    Less
    Adam, Queensland reviewed about 2 months ago
NAB

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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