Open an Australian Bank Account

We understand that when you’re moving to a new country you have lots of things to consider. That’s why we have kept the setting up of your banking in Australia simple.

Our standard account is the NAB Classic Banking account. This provides unlimited banking with no monthly account fees ever. You can combine your NAB Classic Banking Account with a NAB iSaver, our online savings account that offers competitive rates of interest. We set-up up these accounts so that you can safely transfer funds as you need, before and after you arrive in Australia, see the 5 easy steps to start banking in Australia.

When you arrive in Australia your dedicated migrant banker will sit down with you to understand all your financial needs and help you with a range of solutions to meet requirements.

NAB Classic Banking

Unlimited banking with no monthly account fees ever

Apply now

Features

  • No monthly account service fees
  • No opening or minimum balance requirements
  • No overdrawn fees
  • ATM access in eight different languages
  • Access to over 3,100 NAB ATMs and rediATMs Australia-wide without paying additional ATM fees.
  • NAB Visa Debit card included at no extra cost, which means you can access your own money online, over the phone and overseas wherever Visa is accepted.
  • Unlimited access via NAB branches, NAB Internet Banking, NAB Telephone, NAB Internet Banking on your mobile, NAB SMS banking and EFTPOS.
  • You are not required to use NAB Foreign Exchange facilities to transfer funds.
  • In addition to making deposits at a NAB branch, customers can also make deposits free of charge at the post office.

Before you apply you should read the appropriate NAB Classic Banking Important Privacy Information, Terms & Conditions, Interest Rates and Fees & Charges. Find out more about NAB Classic Banking.

Combine your NAB Classic Banking with a NAB iSaver

An online savings account offering competitive interest

Apply now

Features

  • No bank fees – no transaction or account keeping fees
  • Interest calculated daily and paid monthly
  • No opening or minimum balance requirements
  • Unlimited deposits and withdrawals with no impact on the rate of interest you can earn
  • Immediate access to your savings through your linked NAB Classic Banking account (once you have verified your identity in Australia)
  • Pay funds directly into your iSaver from overseas

Before you apply you should read the appropriate NAB iSaver Important Privacy Information, Terms & Conditions, Interest Rates and Fee & Charges. Find out more about NAB iSaver