Your selected bank accounts
NAB is one of Australia’s ‘big four banks’, offering a variety of financial products that cater to different needs. Whether you’re looking to manage everyday expenses, pay your bills, or make a purchase online, NAB may be able to provide the solutions you need.
With useful features, a user-friendly app, and a wide range of banking services, NAB can help to simplify your banking experience and assist you in achieving your financial goals.
Apply online in less than five minutes
No monthly account, ATM or overdrawn fees
Eligible for NAB Goodies rewards and cashback program
International transaction and ATM withdrawal fees
The NAB Classic Banking Account offers a simple solution for those seeking easy access to their funds while managing everyday transactions. With no monthly account fees, it provides a cost-effective way to handle your banking needs.
You can make unlimited transactions, including withdrawals and transfers, which makes it ideal for daily expenses. The account also allows you to access your funds through various channels, including online banking, the NAB app and fee-free ATM withdrawals.
You’ll also be enrolled in the NAB Goodies rewards program , giving you the opportunity to receive personalised cashback offers on a range of goods and services.
While there are no interest earnings to be had, you won’t be charged fees if your account becomes overdrawn. However, you may be charged interest if your account is in the negative.
It’s worth considering how this account compares to other banking options, particularly if you're looking for features like higher interest rates or more comprehensive savings solutions. Always review your options to find the best fit for your financial situation.
Your selected bank accounts
NAB Classic Banking Account: This review reflects my personal experience and is intended to provide an honest, balanced perspective for potential account holders. After using the NAB Classic Banking Account for several years, I've found it to be a mixed experience with both standout features and some drawbacks. Pros: • The account offers straightforward, no-frills banking with minimal monthly fees • Easy online and mobile banking platform with intuitive navigation • Free transactions for everyday banking needs • Convenient access to NAB's extensive ATM network Cons: • Relatively low interest rates on the standard account • Limited additional perks compared to some competitor accounts • No complimentary travel insurance or cashback features • Minimum monthly deposit requirements to avoid fees Personal Experience Tip: To maximize the account's value, I recommend setting up direct deposits and using the online banking app to track expenses and avoid unnecessary fees. The digital tools are particularly user-friendly and help with basic financial management. Key Takeaway: The NAB Classic Banking Account serves its purpose for straightforward, everyday banking. It's reliable but doesn't offer extraordinary bells and whistles. It might suit customers seeking a simple, no-fuss transaction account without complex requirements.
NAB have always had excellent customer service. Over the 20 years I have banked with them if I ever experience financial difficulties making payments they have always offered many options of support to minimum financial stress.
I like National Australia Bank (NAB) for its reliable online banking, user-friendly app, and wide branch network, making it easy to access services. Their customer support is generally helpful, and they offer competitive savings and loan products.
I live in a small town and find my bank manager very helpful every time i need any assistance. Would be terribly disappointed if it closed as a lot of others have. When the interest changes, they always let me know. And they review my account every year and inform me of anything i may do better.
I have been with NAB for ages and they are always knowledgeable, friendly and prepared to go the extra way to find the answer. I would recommend them gladly.
I’m looking to change banks. I’ve had fraud and no follow up. The beaches don’t even handle cash it’s a joke. Not a fan of NAB. However my fees & charges are ok and overall I’ve used their online banking with ease.
I've always been with this bank & I'm seriously considering changing lately. NAB was great when I was first with them in about 2016. Over the years it has gradually got worse, the customer service is probably the worst factor, they are 9/10 times so rude & its obvious they don't care & just want you to be done & gone ..
We have the whole family connected to NAB. It was an easy set up and the customer service has been excellent.
Awesome bank no fees
Long waits in branches for customer service along with long waits on the phone
NAB is an Authorised Deposit-taking Institution (ADI) regulated by the Australian Prudential Regulation Authority (APRA). This means your deposits are protected under the Australian Government's Financial Claims Scheme, ensuring that up to $250,000 is safeguarded.
Apply online through the bank’s website or over the phone.
You can open multiple NAB bank accounts.
To set up online banking, visit the NAB website and register for online banking. Provide your personal details. Once registered, manage your account via your digital profile on the bank’s website or app.
There are no monthly account-keeping fees, domestic ATM withdrawal fees or overdrawn account fees. However, you may be charged interest if your account is in the negative. Additionally, international transaction and ATM withdrawal fees apply.
The fastest and simplest way to close your account is through NAB Messaging in the NAB app or via NAB Internet Banking. You can also call the bank’s customer service number. Before you close your account, remember to:
^See information about the Mozo Experts Choice Bank Account Awards
Mozo provides general product information. We don't consider your personal objectives, financial situation or needs and we aren't recommending any specific product to you. You should make your own decision after reading the PDS or offer documentation, or seeking independent advice.
While we pride ourselves on covering a wide range of products, we don't cover every product in the market. If you decide to apply for a product through our website, you will be dealing directly with the provider of that product and not with Mozo.