The NAB Reward Saver is a simple savings account with a competitive 1.00% interest rate that is designed to help customers reach their savings goals, with all the features you'd expect from a major bank.
NAB's Reward Saver incentivises saving by offering customers a competitive 1.00% special interest rate if they make at least one deposit a month and refrain from making any withdrawals. The breaking of these conditions results in the interest rate reverting to a paltry 0.05% - 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.
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.
Balances from $0: 0.05% p.a.
Balances from $0: 1.00% p.a.
To earn the bonus interest, you must make no withdrawals and at least one deposit in the month (NAB need to receive the deposit on or before the second last banking day of the month). If you earn bonus interest, NAB calculate it using your daily closing balance throughout the month.
$0.00
n/a
unlimited free transactions from branch, internet and phone
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$0.00
$0.00
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$0.00
$0.00
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$0.00
$0.00
Monthly
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none
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no
yes
no
yes
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no
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I’ve got nothing but kind words to say about NAB whom I have been a happy customer with for over 10 years now! They have always helped me out in a crisis no matter how big or small the problem was.
Read full reviewI’ve got nothing but kind words to say about NAB whom I have been a happy customer with for over 10 years now! They have always helped me out in a crisis no matter how big or small the problem was.
They're a good bank, but other banks offer more.
Read full reviewThey're a good bank, but other banks offer more.
I have been with NAB for around 10 years, I was a previous Commonwealth Bank customer but I'm glad I changed. NAB have been a bank that I'm very happy to be a part of.
Read full reviewI have been with NAB for around 10 years, I was a previous Commonwealth Bank customer but I'm glad I changed. NAB have been a bank that I'm very happy to be a part of.
Good savings account.
Read full reviewGood savings account.
Everything about the NAB's savings account is spectacular.
Read full reviewEverything about the NAB's savings account is spectacular.
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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