NAB Classic Banking nominated for CHOICE Award for Best Low-Fee Bank Account

Wednesday, 24 February 2010

NAB is pleased to have been nominated for the CHOICE Award - Best Low-Fee Bank Account for NAB Classic Banking.

This nomination highlights NAB’s long term focus on providing a fairer banking experience to its customers. Being acknowledged as one of only two nominated for the sole Banking category award by this consumer advocate group held in such high integrity by customers is recognition of this commitment.

NAB is looking to change the way Australians view banks and has recently led the industry in abolishing a range of fees and being more transparent about its pricing decisions.

For NAB Classic Banking and other popular everyday personal transaction accounts we have made the following improvements:

  • Abolished $4 and $5 monthly account service fees on NAB’s most popular everyday personal transaction accounts: Classic and e-Banking
  • Abolished $30 overdrawn account fees on all personal transaction and savings accounts
  • Abolished SMS Banking fees, including SMS Alerts
  • Joined forces with rediATM to create one of Australia’s largest ATM networks so customers can avoid paying ATM Direct Charge fees charged by other Banks in over 3,100 locations.

Around 97% of all NAB personal transaction account customers have now had their monthly account service fees abolished or waived.

Media contact:
Gillian Griffiths
NAB Corporate Affairs
Mob: 0419 667 783