7.5/10

Based on 21625 NAB product reviews as rated by the Mozo customers. More about the Mozo Customer Ratings.

NAB savings accounts

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.

NAB offers the following savings accounts

Rates and fees verified as correct at 29 May 2024. Other information correct at the time of writing. Advertiser disclosure.
Product Interest rate Maximum rate Govt deposit guarantee
Cash Manager

0.55% p.a.(for $0 and over)

No Current Offer

Yes up to $250,000

iSaver

2.00% p.a.(for $0 and over)

5.00% p.a. (for $0 to $20,000,000)

Yes up to $250,000

Reward Saver

0.35% p.a.(for $1 and over)

5.00% p.a. (for $1 and over)

Yes up to $250,000

How are NAB savings accounts rated?

Mozo users have rated NAB savings accounts on price, features, convenience, trust and customer service so you can see what real Aussies have to say about their experiences.

Icon of savings-accounts
NAB savings accounts customer reviews
Overall
7.9/10
Price
7.4/10
Features
6.8/10
Customer service
7.8/10
Convenience
8.0/10
Trust
7.9/10
Based on 5095 NAB product reviews as rated by the Mozo customers. More about the Mozo Customer Ratings.
Mozo recommends that ratings are only one factor to be taken into account when deciding whether to take up any financial product offer.

Recent NAB savings account reviews

NAB Cash Manager
Overall 9/10
I am happy with my savings account. I wont change.

I am happy about my bank and my savings account,

Read full review

I am happy about my bank and my savings account,

Price
10/10
Features
10/10
Customer service
10/10
Convenience
10/10
Trust
10/10
Less
Heather, South Australia, reviewed 14 days ago
NAB Savings Account
Overall 7/10
Overall I’ve had no issues with NAB so far.

I’ve been with NAB a long time. I’ve never had any issues with them but was disappointed when I applied for a credit card even though my income is low I’ve banked with them for years but they still declined my application. So I would be weary of that if someone with a low income was thinking of switching to NAB but overall experience with them has been fine. The customer service is always good and have never had issues so that’s a pro. My only con would be not being able to have a credit card for people with low income.

Read full review

I’ve been with NAB a long time. I’ve never had any issues with them but was disappointed when I applied for a credit card even though my income is low I’ve banked with them for years but they still declined my application. So I would be weary of that if someone with a low income was thinking of switching to NAB but overall experience with them has been fine. The customer service is always good and have never had issues so that’s a pro. My only con would be not being able to have a credit card for people with low income.

Price
5/10
Features
6/10
Customer service
8/10
Convenience
10/10
Trust
6/10
Less
Rebecca, Victoria, reviewed 14 days ago
NAB Savings Account
Overall 8/10
I am satisfied with my bank

The national Australia bank service etiquette is impeccable with any telephone or teller enquiry thorough security is checked and you feel the employees personally know you local branch staff definitely make a point to know you which is helpful for any banking requirement nab does deposit Saturday morning where other banks Monday the one draw back is no cardlss cash features

Read full review

The national Australia bank service etiquette is impeccable with any telephone or teller enquiry thorough security is checked and you feel the employees personally know you local branch staff definitely make a point to know you which is helpful for any banking requirement nab does deposit Saturday morning where other banks Monday the one draw back is no cardlss cash features

Price
9/10
Features
7/10
Customer service
10/10
Convenience
10/10
Trust
10/10
Less
Alexandra, Victoria, reviewed about 2 months ago
NAB Savings Account
Overall 10/10
Top security detections

I like my bank because its safe smart detections

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I like my bank because its safe smart detections

Less
John, Queensland, reviewed about 2 months ago
See all savings account reviews
Mozo recommends that ratings are only one factor to be taken into account when deciding whether to take up any financial product offer.
Mozo may receive a payment from financial providers listed on the site. Customer reviews are in no way affected by any commercial relationships Mozo has with providers.

Savings account quick links