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About Us > Media Centre > Media Releases/ASX Announcements > Media Releases/ASX Announcements 2007 > NAB increases term deposit rates

NAB increases term deposit rates

12 November 2007

NAB has increased its term deposit interest rates and now offers some of the most competitive returns in the market.

The following are now available.

Term deposit period Interest rate
4 months 6.70%
7 months 6.80%
11 months 7.00%
2 years 7.50%

NAB Regional General Manager Consumer Banking Solutions, Andrew Maitland, said NAB's term deposits were among the most competitive in the market.

"These rates provide great options across a range of terms on investments of between $20,000 and $500,000. 

"Importantly they represent just a few of the competitive choices NAB is offering."

For more information on NAB's term deposit and savings account interest rates visit www.nab.com.au, drop into your local branch or call NAB on 13 22 65.


Media contact: 
Rebekah Miles
National Australia Bank
M: 0400 541 139

Any advice contained in this release has been prepared without taking into account your objectives, financial situation or needs. Before acting on any advice in this release, NAB recommends that you consider whether it is appropriate for your circumstances

* The information contained in this media release is for media advice purposes only. The contents are true and correct at time of publishing/issuing, however may change over time. For further information about NAB products or rates, please go to Interest Rates, Fees & Charges