Interest rate
2.00% p.a.(for $0 and over)
Maximum rate
5.00% p.a. (for $0 to $20,000,000)
Govt deposit guarantee
Yes up to $250,000

Mozo editorial review NAB iSaver - last updated: 17 November 2023

binocular icon
What's hot
  • Joint accounts available
  • No deposit requirements or withdrawal restrictions
  • No account fees
What's not
  • Must have an eligible NAB everyday account
Mozo snapshot

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 5.00% intro rate, no bank fees, transaction fees or balance requirements. 

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Key features

The NAB iSaver has a 5.00% intro rate available for the first four months, which smoothly transitions to a standard variable rate of 2.00%. 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.

There is a $20 million cap on the bonus rate but you'll still get the 2.00% standard variable interest rate for balances over $20 million (lucky you).

snapshot
Who is it good for

Savers who want a flexible savings account that has a solid interest rate (both introductory and ongoing bonus) plus no fees. You'll need to have an eligible NAB everyday transaction account to open an iSaver.

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Any catches

You can only transfer funds in and out of the savings account through the linked NAB transaction account. And the bonus 5.00% intro rate is only available to a customer's first NAB iSaver account.

Details

Rates and fees information correct as at 27 May 2024. Mozo has robust processes to ensure our site is updated to reflect the latest information from providers. There may be the odd occasion where updates are delayed, so please confirm information before purchasing.
Rates

Balances from $0: 2.00% p.a.

Balances from $0: 5.00% p.a.
Balances from $20,000,000: 2.00% p.a.

Bonus rate for the first 4 months from account opening. Introductory rate only applied to a customers first NAB iSaver account.

Fees

$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

Other financial bits

$0.00

$0.00

Monthly

Features

no

n/a

no

no

no

no

no

yes

yes

no

no

Must link to an eligible NAB everyday account.

none

none

Customer Reviews

How are NAB savings accounts rated by the Mozo community?

Overall
7.5/10
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 savings account 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.

Latest reviews of NAB iSaver Savings Account

About NAB

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Rabobank

High Interest Savings Account

5.75% p.a. (for $0 to $250,001)

4.40% p.a.(for $0 to $250,001)

Yes up to $250,000

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Macquarie

Savings Account

5.35% p.a. (for $0 to $250,000)

4.75% p.a.(for $0 to $1,000,000)

Yes up to $250,000

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ubank

Save Account

5.10% p.a. (for $0 to $250,000)

0.10% p.a.(for $0 and over)

Yes up to $250,000

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AMP Bank

AMP Saver Account

5.40% p.a. (for $0 to $250,000)

1.20% p.a.(for $0 to $5,000,000)

Yes up to $250,000

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IMB Bank

Reward Saver Account

5.25% p.a. (for $0 to $1,000,000)

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

Yes up to $250,000

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MyState Bank

Bonus Saver Account

5.00% p.a. (for $0 to $250,000)

0.05% p.a.(for $0 and over)

Yes up to $250,000

Thumbnail icon for First Option Bank
First Option Bank

Savings+Bonus

5.00% p.a. (for $0 to $250,000)

2.00% p.a.(for $0 to $250,000)

Yes up to $250,000

Thumbnail icon for Unity Bank
Unity Bank

MoneyMAX

No Current Offer

4.75% p.a.(for $1 and over)

Yes up to $250,000

Thumbnail icon for Rabobank
Rabobank

High Interest Savings Account

5.75% p.a. (for $0 to $250,001)

Yes up to $250,000

4.40% p.a.(for $0 to $250,001)

Thumbnail icon for Macquarie
Macquarie

Savings Account

5.35% p.a. (for $0 to $250,000)

Yes up to $250,000

4.75% p.a.(for $0 to $1,000,000)

Thumbnail icon for ubank
ubank

Save Account

5.10% p.a. (for $0 to $250,000)

Yes up to $250,000

0.10% p.a.(for $0 and over)

Thumbnail icon for AMP Bank
AMP Bank

AMP Saver Account

5.40% p.a. (for $0 to $250,000)

Yes up to $250,000

1.20% p.a.(for $0 to $5,000,000)

Thumbnail icon for IMB Bank
IMB Bank

Reward Saver Account

5.25% p.a. (for $0 to $1,000,000)

Yes up to $250,000

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

Thumbnail icon for MyState Bank
MyState Bank

Bonus Saver Account

5.00% p.a. (for $0 to $250,000)

Yes up to $250,000

0.05% p.a.(for $0 and over)

Thumbnail icon for First Option Bank
First Option Bank

Savings+Bonus

5.00% p.a. (for $0 to $250,000)

Yes up to $250,000

2.00% p.a.(for $0 to $250,000)

Thumbnail icon for Unity Bank
Unity Bank

MoneyMAX

No Current Offer

Yes up to $250,000

4.75% p.a.(for $1 and over)

Thumbnail icon for ubank
ubank

Save Account

0.10% p.a.(for $0 and over)

5.10% p.a. (for $0 to $250,000)

Yes up to $250,000

Thumbnail icon for AMP Bank
AMP Bank

AMP Saver Account

1.20% p.a.(for $0 to $5,000,000)

5.40% p.a. (for $0 to $250,000)

Yes up to $250,000

Thumbnail icon for IMB Bank
IMB Bank

Reward Saver Account

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

5.25% p.a. (for $0 to $1,000,000)

Yes up to $250,000

Thumbnail icon for MyState Bank
MyState Bank

Bonus Saver Account

0.05% p.a.(for $0 and over)

5.00% p.a. (for $0 to $250,000)

Yes up to $250,000

Thumbnail icon for First Option Bank
First Option Bank

Kids Bonus Saver

0.05% p.a.(for $0 and over)

0.85% p.a. (for $5,556 to $50,001)

Yes up to $250,000

Thumbnail icon for Auswide Bank
Auswide Bank

Ziggy Kids Saver

0.01% p.a.(for $0 and over)

3.01% p.a. (for $0 and over)

Yes up to $250,000

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ANZ

Progress Saver

0.01% p.a.(for $0 and over)

4.25% p.a. (for $0 and over)

Yes up to $250,000

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