0.11% p.a.(for $0 and over)
1.61% p.a. (for $0 and over)
NAB Reward Saver
0.11% p.a.(for $0 and over)
1.61% p.a. (for $0 and over)
NAB Reward Saver
0.11% p.a.(for $0 and over)
1.61% p.a. (for $0 and over)
Last updated: 11 October 2019.
Special 1.61% p.a rate
Unlimited branch, phone and internet transactions
0.11% p.a standard rate
The NAB Reward Saver is a simple savings account with a competitive 1.61% 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 1.61% 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 0.11% - 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: 0.11% p.a.
Balances from $0: 1.61% 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
n/a
n/a
n/a
$0.00
$0.00
n/a
$0.00
$0.00
n/a
$0.00
$0.00
Monthly
no
none
no
no
no
yes
no
yes
yes
no
no
none
none
none
I have been with NAB for around 10 years, I was a previous Commonwealth Bank customer but I'm...
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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.
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Joelene | Western Australia
reviewed 30 days ago
Good savings account.
Read full review
Good savings account.
Less
Ejder | New South Wales
reviewed 11 months ago
Everything about the NAB's savings account is spectacular.
Read full review
Everything about the NAB's savings account is spectacular.
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Jason | Western Australia
reviewed about 1 year ago
Never had any quarrels banking with NAB.
Read full review
Never had any quarrels banking with NAB.
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Karen | Victoria
reviewed about 1 year ago
I like NAB but sometimes you have to call the office up if you can't fix the problem your self...
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I like NAB but sometimes you have to call the office up if you can't fix the problem your self and you're on the phone for a while.
Less
Naomi | New South Wales
reviewed about 1 year ago
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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