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.
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| Unlimited free transactions from own-bank ATM, EFTPOS, counter withdrawals, counter deposits, phone, internet and Visa debit purchases | |
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| NAB | |
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| 3.00% | |
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| $1.00 | |
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| $2,000.00 | |
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| 3.00% |
Apple Pay, Google Pay, PayID, Samsung Pay
Their customer service in branch is terrible as they are always trying to push customers to atm or try and sell insurance products.
Read full reviewTheir customer service in branch is terrible as they are always trying to push customers to atm or try and sell insurance products.
I have banked with nab over twenty years, i got scammed, nab was no help, there fraud assist team wiped me with no answer why, there security is pathetic and anyone that banks with nab will be scammed sooner rather than later, get your money out and go to a bank that cares about you.
Read full reviewI have banked with nab over twenty years, i got scammed, nab was no help, there fraud assist team wiped me with no answer why, there security is pathetic and anyone that banks with nab will be scammed sooner rather than later, get your money out and go to a bank that cares about you.
Overall good experience; unless it comes to a joint account. I had our family joint account blocked because my other half didn't provide some "very important" information. It was blocked without any notification been actually sent to myself. So I couldn't receive/pay/direct debited and the account was our main where all money were coming in and out. I ended up with no wages received and all my normal direct debit transactions were blocked which resulted in penalties. I submitted complaint and the only outcome what I got was their "sorry" which didn't help much at that time. So had to wait my husband to come home from late shift and give them a call and only next day account was activated again. Was very frustrated.
Read full reviewOverall good experience; unless it comes to a joint account. I had our family joint account blocked because my other half didn't provide some "very important" information. It was blocked without any notification been actually sent to myself. So I couldn't receive/pay/direct debited and the account was our main where all money were coming in and out. I ended up with no wages received and all my normal direct debit transactions were blocked which resulted in penalties. I submitted complaint and the only outcome what I got was their "sorry" which didn't help much at that time. So had to wait my husband to come home from late shift and give them a call and only next day account was activated again. Was very frustrated.
Always found the staff to be friendly and knowledgeable. Nothing ever appears to be too much trouble and I am kept informed of any new products that may be of interest.
Read full reviewAlways found the staff to be friendly and knowledgeable. Nothing ever appears to be too much trouble and I am kept informed of any new products that may be of interest.
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.
MyState Bank
Glide Account
$0.00
Apple Pay, Google Pay, PayID, Samsung Pay, FitBit Pay, Garmin
0% p.a.
NAB
Classic Banking Account (with Standard Visa Debit Card)
$0.00
Apple Pay, Google Pay, PayID, Samsung Pay
0.01% p.a.
