The NAB Classic Banking account offers exactly as what its name alludes to: a classic everyday bank account. Not only does it come with no monthly fees, but also comes with a full range of advantages such as a wide network of branches and ATMs to access your money from freely. Plus, it gives you the option to go for a Platinum Visa Debit Card which comes with a whole range of additional perks.
The NAB Classic account has no monthly account fees, no overdrawn fees and no direct ATM fees from any NAB ATM. Access to your account is easy with internet and phone banking, EFTPOS, and of course any NAB branch. Another great point worth noting is that with the NAB classic account you can also do your everyday banking from any Australia Post office.
At no extra cost you can have a VISA debit card with the Classic Banking account so you can shop wherever Visa is accepted (including PayWave). Purchases made with the Visa debit card are covered under Visa's 90 day purchase protection and Verified by VISA protection services should you become the victim of fraud.
The NAB Classic Banking comes with NAB Defence security promise, giving you the satisfaction of knowing your account is protected against fraud.
However, this account does have a foreign exchange commission of 3% and an overseas ATM withdrawal fee of $5, so keep that in mind when travelling.
If you do opt for the Platinum Visa Debit Card, you will have to pay a $10 monthly fee, but you'll be rewarded with a host of neat features like no foreign currency fees on international purchases and a monthly cashback offer on your contactless payments.
The NAB Classic banking account is a good option for anyone looking to open an everyday bank account that has no fees and flexible access options. Or if you want to pay a small monthly fee you can also nab a few more platinum perks to spice up your everyday banking experience.
As with most everyday bank accounts there is minimal interest to earn on your savings, but you could always link to a NAB iSaver and transfer cash over whenever you need it.
Balances from $0: 0.01% p.a.
n/a
n/a
$0.00
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
3.00%
$0.00 monthly
$1.00
$0.00
$2,000.00
yes
no
yes
yes
yes
yes
yes
none
none
$5.00
$0.00
3.00%
$5.00
$0.00
3.00%
Apple Pay, Google Pay, PayID, Samsung Pay
Ever since I switched from other banks to the NAB, I have been extremely satisfied. The reasons why I have a score of “excellent” and why I speak highly of the bank, is due to the following points: • no bank fees • unlimited accounts • easy NAB App - online account use • easy messaging service / call service • always friendly in their branch • dedicated and very knowledgeable to Defence members. If they’ve gained the trust of Defence members then they have to be good. • high knowledge of Defence Home Owners Scheme - DHOAS As I am now a veteran, I have decided to remain with the NAB as my bank. The reason why is that they have been reliable all these years (7), and I have never incurred any fees, nor any problems. I have full trust being with the NAB, having my money saved, my work pay and even the prospect of having a home loan with the NAB.
Read full reviewEver since I switched from other banks to the NAB, I have been extremely satisfied. The reasons why I have a score of “excellent” and why I speak highly of the bank, is due to the following points: • no bank fees • unlimited accounts • easy NAB App - online account use • easy messaging service / call service • always friendly in their branch • dedicated and very knowledgeable to Defence members. If they’ve gained the trust of Defence members then they have to be good. • high knowledge of Defence Home Owners Scheme - DHOAS As I am now a veteran, I have decided to remain with the NAB as my bank. The reason why is that they have been reliable all these years (7), and I have never incurred any fees, nor any problems. I have full trust being with the NAB, having my money saved, my work pay and even the prospect of having a home loan with the NAB.
pros: NAB has a great culture of delivery compared to other organisations I've been exposed to and they are professional, fair and competitive when it comes to delivering products and services with the industry. cons: NAB is one of the worst offenders among the big four banks when it comes to failing to preserve capital for a rainy day and to fund growth.
Read full reviewpros: NAB has a great culture of delivery compared to other organisations I've been exposed to and they are professional, fair and competitive when it comes to delivering products and services with the industry. cons: NAB is one of the worst offenders among the big four banks when it comes to failing to preserve capital for a rainy day and to fund growth.
All my accounts are linked with NAB. I have a everyday account, a savings account, a business account and trading account. I never pay any fees and earn interest on my savings. When my card was stolen and money taken via PayPass the bank happily restored the amount for me with a police report number. When I lost my card, they were quick to forward a new one. When I accidentally sent money to the wrong account, they walked through my statement to retrieve the money. Every time I go into a NAB store, the staff are exceptionally friendly. I can use Osko and pay people on the spot. My Visa card makes making online. transactions easy. They have great incentives for first home buyers and a step up loan for low income earners of 5% interest. In my experience it has always been positive and recommend NAB
Read full reviewAll my accounts are linked with NAB. I have a everyday account, a savings account, a business account and trading account. I never pay any fees and earn interest on my savings. When my card was stolen and money taken via PayPass the bank happily restored the amount for me with a police report number. When I lost my card, they were quick to forward a new one. When I accidentally sent money to the wrong account, they walked through my statement to retrieve the money. Every time I go into a NAB store, the staff are exceptionally friendly. I can use Osko and pay people on the spot. My Visa card makes making online. transactions easy. They have great incentives for first home buyers and a step up loan for low income earners of 5% interest. In my experience it has always been positive and recommend NAB
I like NAB because they have great customer service and great accounts
Read full reviewI like NAB because they have great customer service and great accounts
I’ve been with NAB for a while now and I’ve never had any problems whatsoever, communication customer service and everything else is a big tick in my books. I wouldn’t look back to be honest, they’ve looked after me really well ranging from scams and fraud. 5 stars for me.
Read full reviewI’ve been with NAB for a while now and I’ve never had any problems whatsoever, communication customer service and everything else is a big tick in my books. I wouldn’t look back to be honest, they’ve looked after me really well ranging from scams and fraud. 5 stars for me.
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.
MyState Bank
Glide Account
$0.00
Apple Pay, Google Pay, PayID, Samsung Pay, FitBit Pay, Garmin
0% p.a.
Newcastle Permanent
Everyday Account
$4.00$0 monthly account fee if you deposit min. $1,800 per month or account holder is under 25
PayID
0.01% p.a.
NAB
Classic Banking Account (with Standard Visa Debit Card)
$0.00
Apple Pay, Google Pay, PayID, Samsung Pay
0.01% p.a.
