NAB Cash Manager

The NAB Cash Manager is ideal for managing your personal savings, your investment cash (including self-managed super funds), or holding your funds while you wait for the next opportunity.

You'll have instant access to your money while it earns a competitive interest rate on every dollar, regardless of your balance. And we won't charge you any monthly account fees or transaction fees.

Opening balance

You need an opening balance of at least $5,000 to open a NAB Cash Manager. Once your account is open there's no minimum balance.

NAB Cash Manager Terms and Conditions (PDF, 619KB)

Current interest rates

Interest is variable rate, and not tiered. The same rate applies to every dollar, no matter what your balance is. We calculate interest daily and pay it monthly.

Fees

We're committed to making banking fairer, so we promise you:

• no monthly account fees, regardless of your deposits or your balance
• no transaction fees
• no ATM direct charge at NAB ATMs or rediATMs.

Non-NAB ATMs

To avoid ATM fees it's best to use our NAB ATM network, including rediATMs.

We don't charge you for using other ATMs, but the owners of other ATMs might directly charge you. If they do, you'll see a message and you'll have the option to quit before you're charged.

Overseas ATMs

There are fees for using ATMs overseas - $4 per withdrawal and $1 per balance enquiry.

For cash withdrawals in foreign currencies there's also a 2% fee which we charge in Australian dollars (AUD), using Visa's exchange rate at the time. This is included in the AUD amount shown on your statement.

If you want to avoid these fees, consider NAB Gold Banking.

Personal banking guide to fees and charges

Manage your money how you want, with unlimited access through:

• NAB Internet Banking
• NAB Telephone Banking (13 22 65, 24 hours a day, 7 days a week)
• EFTPOS
• the NAB ATM network, including rediATMs
• any NAB branch
• an optional chequebook.