Everything seems to come with an 'i' these days: iPad, iCloud... now there's the NAB iSaver. As the name suggests the NAB iSaver is made for your personal savings, offering a 1.05% intro rate, clear of bank fees, transaction fees and balance requirements.
The NAB iSaver has a 1.05% intro rate available for the first four months, which smoothly transitions to an ongoing standard variable interest rate of 0.05%. Unlike other bonus interest savings accounts, you can make unlimited deposits or withdrawals on the iSaver and your interest rate won't be affected. There are no minimum or opening balance requirements and all interest is calculated daily and paid monthly on every $1.
iWish! There is a $20 million cap on the bonus rate but you'll still get the 0.05% standard variable interest rate for balances over $20 million.
Savers who want a flexible savings account that has a good interest rate and no fees. You'll need to have an eligible NAB everyday transaction account to open an iSaver.
You can only transfer funds in and out of the savings account through the linked NAB transaction account. And the bonus 1.05% intro rate is only available to a customer's first NAB iSaver account.
Balances from $0: 0.05% p.a.
Balances from $0: 1.05% p.a.
Balances from $20,000,000: 0.05% p.a.
Bonus rate for the first 4 months from account opening. Introductory rate only applied to a customers first NAB iSaver account.
$0.00
n/a
unlimited free transactions from phone and internet
n/a
n/a
n/a
n/a
n/a
n/a
$0.00
$0.00
n/a
$1.00
$0.00
Monthly
no
none
no
no
no
no
no
yes
yes
no
no
Must link to an eligible NAB everyday account.
none
none
No budging on interest rates at all, have to book in to talk to a “specialist” who is looking at your info for the first time. Very unfriendly and zero compassion
Read full reviewNo budging on interest rates at all, have to book in to talk to a “specialist” who is looking at your info for the first time. Very unfriendly and zero compassion
I set it up for PayPal to be linked to it, so a win win situation. Love it as i don't have to worry if am short on cash as i don't have a key card for it.
Read full reviewI set it up for PayPal to be linked to it, so a win win situation. Love it as i don't have to worry if am short on cash as i don't have a key card for it.
It's great that the account has no fees, however the interest provided is exceptionally low compared to other banks!
Read full reviewIt's great that the account has no fees, however the interest provided is exceptionally low compared to other banks!
I have no strong feelings either way.
Read full reviewI have no strong feelings either way.
Good helpful customer service, very competitive fees, overall 5 stars.
Read full reviewGood helpful customer service, very competitive fees, overall 5 stars.
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.
Promoted
HSBC
Serious Saver
2.10% p.a. (for $0 to $1,000,000)
0% p.a.(for $0 and over)
Yesup to $250,000
Promoted
Rabobank
High Interest Savings Account
2.25% p.a. (for $0 to $250,001)
0.80% p.a.(for $0 to $250,001)
Yesup to $250,000
Promoted
Citi
Online Saver
2.05% p.a. (for $0 to $500,000)
0.35% p.a.(for $0 and over)
Yesup to $250,000
Promoted
Bankwest
Hero Saver
1.25% p.a. (for $0 to $250,000)
0.01% p.a.(for $0 to $5,000,000)
Yesup to $250,000
Promoted
Bank of Queensland
Fast Track Saver Account
1.85% p.a. (for $1 to $250,000)
0.20% p.a.(for $1 and over)
Yesup to $250,000
Promoted
HSBC
Flexi Saver
1.25% p.a. (for $0 to $5,000,000)
0.01% p.a.(for $0 to $5,000,000)
Yesup to $250,000
Promoted
Westpac
Life (18-29 years old)
3.00% p.a. (for $0 to $30,000)
0.40% p.a.(for $0 and over)
Yesup to $250,000
Promoted
HSBC
Serious Saver
2.10% p.a. (for $0 to $1,000,000)
0% p.a.(for $0 and over)
Yesup to $250,000
Promoted
Citi
Online Saver
2.05% p.a. (for $0 to $500,000)
0.35% p.a.(for $0 and over)
Yesup to $250,000
Promoted
Bankwest
Hero Saver
1.25% p.a. (for $0 to $250,000)
0.01% p.a.(for $0 to $5,000,000)
Yesup to $250,000
Promoted
Rabobank
High Interest Savings Account
2.25% p.a. (for $0 to $250,001)
0.80% p.a.(for $0 to $250,001)
Yesup to $250,000
Promoted
Heritage Bank
Online Saver
2.20% p.a. (for $1 to $100,000)
0.80% p.a.(for $1 to $250,000)
Yesup to $250,000
Promoted
Bank of Queensland
Fast Track Saver Account
1.85% p.a. (for $1 to $250,000)
0.20% p.a.(for $1 and over)
Yesup to $250,000
Promoted
HSBC
Flexi Saver
1.25% p.a. (for $0 to $5,000,000)
0.01% p.a.(for $0 to $5,000,000)
Yesup to $250,000
Promoted
HSBC
Serious Saver
0% p.a.(for $0 and over)
2.10% p.a. (for $0 to $1,000,000)
Promoted
Bankwest
Hero Saver
0.01% p.a.(for $0 to $5,000,000)
1.25% p.a. (for $0 to $250,000)
Promoted
HSBC
Flexi Saver
0.01% p.a.(for $0 to $5,000,000)
1.25% p.a. (for $0 to $5,000,000)
Promoted
Newcastle Permanent
Smart Saver
0% p.a.(for $0 and over)
2.00% p.a. (for $0 and over)
Promoted
ANZ
Progress Saver
0.01% p.a.(for $0 and over)
0.85% p.a. (for $0 and over)
Promoted
Auswide Bank
Ziggy Kids Saver
0.01% p.a.(for $0 and over)
2.01% p.a. (for $0 and over)