NAB's Reward Saver incentivises saving by offering customers a great 2.40% special interest rate if they deposit at least once a month and make no withdrawals. The breaking of these conditions results in the interest rate reverting to a paltry 0.50% - something no serious saver wants to see.
Customers have access to a wide variety of free depositing options with unlimited branch, phone and interest transactions coming as part of the package.
The Reward Saver also has no limits or restrictions on account balance, allowing customers from all walks of life to get a good savings deal.
Who it's good for:
The NAB Reward Saver is perfect for anyone looking to start a savings regime and stick to it.
Make sure you stick to the strict deposit and withdrawal conditions to keep that special rate.