The NAB Classic Banking account is exactly as its name says, a classic everyday banking account. Not only does it come with no monthly fees, but also comes with a full range of advantages that only one of Australia's biggest banks could offer such as a wide network of branches and ATMs to access your money from. 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.
The NAB classic account also has a foreign exchange commission of 3% and an overseas ATM withdrawal fee of $5.
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.
If that isn't enough to sway you, the NAB Platinum Visa Debit Card will also offer you a range of complimentary insurances like overseas travel, price and purchase protection and extended warranty insurance as well as access to NAB's 24/7 Concierge Service to help you organise any hotel or restaurant reservations.
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 just link to a NAB iSaver and transfer cash over whenever you need it.
Balances from $0: 0.01% p.a.
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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
NAB customer service is excellent. Whenever I call for whatever reason, they are always very helpful and friendly! They always make me feel like I matter! This is very important to me because it helps me to establish a positive relationship with my bank. Another positive point I can make is that the account overdrawn fee is very low, and not as crazy as other banks. NAB definitely has a gold star from me. After going from one bank to another in the past, I started banking with NAB in 2018 and as of yet, have not been disappointed!
Read full reviewNAB customer service is excellent. Whenever I call for whatever reason, they are always very helpful and friendly! They always make me feel like I matter! This is very important to me because it helps me to establish a positive relationship with my bank. Another positive point I can make is that the account overdrawn fee is very low, and not as crazy as other banks. NAB definitely has a gold star from me. After going from one bank to another in the past, I started banking with NAB in 2018 and as of yet, have not been disappointed!
If I ever need assistance sorting out something to do with my card they are quick to respond, extremely polite and go the extra mile to make sure all my needs and concerns are met.
Read full reviewIf I ever need assistance sorting out something to do with my card they are quick to respond, extremely polite and go the extra mile to make sure all my needs and concerns are met.
I like the friendly service.
Read full reviewI like the friendly service.
NAB has good service, security and product.
Read full reviewNAB has good service, security and product.
I find the NAB provides everything I need, and 90% of our dealings are conducted online. The staff are always knowledgeable and provide a tremendous service for us when we have queries. I didn't mark them as excellent, because I believe their hierarchy is paid far too much (as is all financial institutions), and their enormous profits are for their shareholders, not their customers. I'm positive that investment interest rates would be better than they are if the hierarchical costs were trimmed.
Read full reviewI find the NAB provides everything I need, and 90% of our dealings are conducted online. The staff are always knowledgeable and provide a tremendous service for us when we have queries. I didn't mark them as excellent, because I believe their hierarchy is paid far too much (as is all financial institutions), and their enormous profits are for their shareholders, not their customers. I'm positive that investment interest rates would be better than they are if the hierarchical costs were trimmed.
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.
Promoted
MyState Bank
Glide Account
$0.00
Apple Pay, Google Pay, PayID, Samsung Pay, FitBit Pay, Garmin
0% p.a.
Promoted
NAB
Classic Banking Account (with Standard Visa Debit Card)
$0.00
Apple Pay, Google Pay, PayID, Samsung Pay
0.01% p.a.
Promoted
P&N Bank
& Transaction Account
$0.00
Apple Pay, Google Pay, PayID, Samsung Pay
0% p.a.
Promoted
MyState Bank
Everyday Account
$6.00$0 monthly account fee if you deposit min. $2,000 per month or are under 23 years.
Apple Pay, Google Pay, PayID, Samsung Pay, FitBit Pay, Garmin
0% p.a.
Promoted
ANZ
Access Advantage
$5.00$0 monthly account fee if you deposit min. $2,000 per month
Apple Pay, Google Pay, PayID, Samsung Pay, Garmin, Fitbit
0% p.a.
