The NAB $10 Business Everyday Account offers business owners the freedom and flexibility to use it the way they want to, at a minimal cost. While there is a $0 Business Everyday Account offered by NAB, this account offers 30 transactions per month, whether that’s electronic transactions or banker assisted. Not only that, but it takes less than 10 minutes to sign up for this account.
With the NAB $10 Business account, business owners can make 30 standard NAB transactions monthly, either electronically, in-branch and even through Australia Post.
With this account, there is a small $1 opening balance requirements but no ongoing minimum balance, meaning you could move money around as you please (at no extra cost).
Prefer electronic payments? Well, with Apple Pay, Google Pay, Pay ID and Samsung Pay available with this account, NAB has your bases covered.
The NAB $10 Business Everyday Account comes with a Visa Debit Card, so you can access funds whenever you need to. Just keep in mind that while there aren't any fees on the card here in Australia, if you use it overseas you’ll face a $4 ATM fee and a 3.00% foreign exchange commission. And as the name suggests, the NAB $10 Business Everyday Account comes with a $10 monthly fee, which is a pretty standard cost among many business bank accounts.
The NAB $10 Business Everyday Account may be a good option for business owners who need the certainty of the same month to month fee.
While the Visa debit card has no fees here at home, if you plan to use it while you travel overseas you would face a $4 ATM fee and 3.00% foreign exchange charge.
Balances from $0: 0.00% p.a. |
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n/a |
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n/a |
$10.00 |
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n/a |
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Unlimited free electronic transactions, plus the 30 most expensive eligible transactions free each month. |
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$0.00 |
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NAB |
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$0.00 |
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$2.50 |
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$2.50 |
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$0.00 |
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$0.00 |
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$0.00 |
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$0.60 |
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$4.00 |
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3.00% |
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$0.00 monthly |
$1.00 |
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$0.00 |
$2,000.00 |
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no |
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no |
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yes |
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yes |
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yes |
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yes |
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yes |
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none |
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none |
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none |
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none |
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none |
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$4.00 |
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$0.00 |
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3.00% |
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Spend Account
$0.00
Apple Pay, Google Wallet, PayID, Samsung Pay, Fitbit Pay, Garmin Pay
0% p.a.
Glide Account
$0.00
Apple Pay, Google Wallet, PayID, Samsung Pay, FitBit Pay, Garmin
0% p.a.