NAB Business Fundamentals

Essential banking package for your business

Managing the finances in a small to medium sized business can be a challenge. You’re focused on your core business, and your banking is extra work in an already busy day.

NAB Business Fundamentals is an essential banking package designed for business customers.

NAB Business Fundamentals

  • NAB Business Cheque Account
  • +
  • NAB Connect
    Internet Banking for business

Plus your choice of any of the following additional banking solutions

  • NAB Business Cash Maximiser
  • NAB Business Card or NAB Business Access Card
  • NAB Qantas Business Card
  • Merchant Solutions

The package consists of our two core solutions - A Transaction Account and Online Access.

Simply choose from our four Additional Solutions to add to the package. For a low monthly fee of $121, NAB Business Fundamentals provides access to a transaction account and NAB Connect as well as a range of benefits on your choice of any of the additional banking solutions.

In total you can save up to $490 a year in bank fees2.

For more information:

Core Solutions

These products services are included as a core part of your business package

Transaction account

The NAB Business Cheque Account gives you full access to your money via internet banking, phone, over-the-counter, and self service.

The $10 monthly fee is waived.

Online access

NAB Connect is a full internet banking facility that allows you to view, manage and pay employees and suppliers online, even if they are overseas. You will receive an extra 30 free domestic electronic transactions per month4.

This saves you $9 each month and you can nominate a second authorised user at no cost, saving you an extra $5 each month.

Additional Solutions

Select any of the following to add to your package

Cards for Business3

The NAB Business Card is the ideal solution for small to medium businesses with a number of staff who need to make business transactions. The NAB Business Card is a charge card with up to 35 days interest free (account must be paid in full each month) and offers individual cardholder limits. The $9 monthly fee per card is waived for up to 3 cards.

OR

The NAB Business Access Card is a credit card (revolving line of credit) with a low interest rate to help pay expenses and manage cashflow. The $60 annual fee per card is waived for up to 3 cards.

OR

The NAB Qantas Business Card is ideal if you are a business looking for a credit card (revolving line of credit) offering up to 44 days interest free on business purchases (when you pay off your account in full each month) that also earns Qantas Frequent Flyer points.6 10,000 Qantas Frequent Flyer points are offered upon Facility opening as part of NAB Business Fundamentals. The NAB Qantas Business Card monthly fee of $12 per card continues to apply in addition to the NAB Business Fundamentals $12 monthly fee.

High-interest cash account

The NAB Business Cash Maximiser is an online high-interest account that can be linked to your NAB Business Cheque Account. It gives you complete access to your money and the opportunity to earn competitive interest on the full balance when your balance exceeds $10,000.

Merchant Solutions5

You can choose from a number of NAB EFTPOS options that let you receive payments online, via email, telephone or online. eCommerce facilities are also available for secure and fast internet payments.

The establishment fee ($80 for EFTPOS or $199 for eCommerce) and the $28 annual fee are waived.

More information

  1. The NAB Business Fundamentals monthly fee provides you with access to the package benefits listed on this page. Other standard fees and charges may apply to the package products. These are described in the product terms and conditions.
  2. $490 per year is a savings estimate based on customer holding the core components of NAB Connect and a NAB Business Cheque Account plus an additional Merchant Solution and a NAB Business Card facility. Assumes 50 domestic electronic transactions are performed on NAB Connect each month, 3 Business Cards and wavier of the annual fee for an eligible NAB Merchant Solution.
  3. Eligibility for a NAB Business Card or NAB Business Access Card facility is subject to credit assessment and approval by NAB.
  4. 'Electronic transactions' means domestic payments (overnight), direct credit payments, payroll & executive payments, direct debit payments and BPAY payments.
  5. NAB Merchant Solutions are subject to assessment and approval under NAB’s standard merchant criteria. NAB is under no obligation to supply merchant services until NAB determines in its discretion that you satisfy the criteria. Waiver of the applicable establishment fee only applies to new Merchant Solutions established after you accept the terms and conditions for NAB Business Fundamentals. You will not be entitled to any refund of the establishment fee for an existing NAB Merchant Solution.
  6. To earn points using a NAB Qantas Business Card, you must be a member of the Qantas Frequent Flyer program and a nominated Points Earner. Joining fee may apply. A Points Earner can be a Facility Owner or Cardholder. Membership and points are subject to the Terms and Conditions of the Qantas Frequent Flyer program. For more information, go to qantas.com/frequentflyer.