NAB Classic Banking Account (with Standard Visa Debit Card)

$0.00

Apple Pay, Google Pay, PayID, Samsung Pay

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.

Mozo Review   NAB Classic Banking Account (with Standard Visa Debit Card) Review

Last updated: 21 May 2019.

What's hot:
  • No monthly account fees

  • Unlimited phone and internet transactions

What's not:
  • $5 overseas ATM fees

Mozo snapshot:

The NAB Classic Banking account is exactly as its name says, a classic everyday banking account. It has no monthly fees and 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.

Key features:

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 NAB Defence security promise, giving you the satisfaction of knowing your account is protected against fraud.

The NAB classic account also has the 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. 


Who it's good for:

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.

Any catches?

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.

Details

Rates and fees information correct as at 15 November 2019. 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
  • $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

Other financial bits
  • $1.00

  • $0.00

Features
  • $2,000.00

  • yes

  • no

  • yes

  • yes

  • yes

  • yes

  • yes

  • none

  • none

Atm card
  • $5.00

  • $0.00

  • 3.00%

Debit card
  • $5.00

  • $0.00

  • 3.00%

Payment options

Apple Pay, Google Pay, PayID, Samsung Pay

Customer Reviews

How are NAB bank accounts rated by the Mozo community?

Overall customer rating
7.7/10

Based on 3667 NAB bank account reviews

Price
7.2/10
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 Standard Visa Debit Card)

  • Overall
    7/10
    Decent, could fix a couple flaws.

    I have only ever used NAB and their everyday bank account for my finances. It could be improved...

    I have only ever used NAB and their everyday bank account for my finances. It could be improved but currently gets the job done.

    Price
    9/10
    Features
    7/10
    Customer service
    6/10
    Convenience
    7/10
    Trust
    7/10

    Aaron | Victoria

    reviewed about 19 hours ago

  • Overall
    10/10
    Great Australian bank that will bend over backward

    I love banking with NAB. Their customer service is top notch. I never have to wait and I always...

    I love banking with NAB. Their customer service is top notch. I never have to wait and I always get to talk to an Australian. I don't incur fees at all and when someone stole my money NAB sorted it out in no time for me.

    Price
    9/10
    Features
    9/10
    Customer service
    10/10
    Convenience
    10/10
    Trust
    10/10

    Leah | Queensland

    reviewed about 19 hours ago

  • Overall
    5/10
    Unsure if they're working for consumers or profits

    After they removed the rediatms from their network I was quite disappointed.

    After they removed the rediatms from their network I was quite disappointed.

    Price
    5/10
    Features
    4/10
    Customer service
    -1/10
    Convenience
    5/10
    Trust
    3/10

    Trent | South Australia

    reviewed about 19 hours ago

  • Overall
    8/10
    Very trustworthy.

    NAB is a very good bank I have found them to stick to what they say they do. I've had no issues...

    NAB is a very good bank I have found them to stick to what they say they do. I've had no issues ever.

    Price
    9/10
    Features
    10/10
    Customer service
    9/10
    Convenience
    8/10
    Trust
    8/10

    Toni | Queensland

    reviewed about 19 hours ago

  • Overall
    10/10
    Great.

    Have been with NAB bank forever and will not change.

    Have been with NAB bank forever and will not change.

    Price
    10/10
    Features
    10/10
    Customer service
    10/10
    Convenience
    10/10
    Trust
    10/10

    Angela | Queensland

    reviewed about 19 hours 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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