Follow these simple steps
Make sure you’ve downloaded the NAB app, then follow the simple instructions to access your home loan redraw.
iOS
-
1
Step 1
Log into the NAB app.
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2
Step 2
Select your home loan account.
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3
Step 3
Tap Redraw, which is located next to your available redraw amount.
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4
Step 4
Select the account you’d like to transfer the funds into.
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5
Step 5
Enter the redraw amount and reference (optional). Then tap Next.
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6
Step 6
Review your details and tap Pay now.
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7
Step 7
You’ll be asked for approval if the redraw amount impacts your monthly repayments. Review and tap Approve.
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Complete
Your transfer will be confirmed.
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Android
-
1
Step 1
Log into the NAB app.
-
2
Step 2
Select your home loan account.
-
3
Step 3
Tap Redraw, which is located next to your available redraw amount.
-
4
Step 4
Select the account you’d like to transfer the funds into.
-
5
Step 5
Enter the redraw amount and reference (optional). Then tap Next.
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-
6
Step 6
Review your details and tap Pay now.
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-
7
Step 7
The redraw amount may impact your monthly repayments. Review and tap Approve.
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-
Complete
Your transfer will be confirmed.
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Important Information
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Minimum redraw amount of $500 per transaction. To access redraw, you must be at least one full payment ahead of schedule.
This product is issued by National Australia Bank Limited. NAB recommends you consider the internet banking terms and conditions document before making any decisions regarding this product.
The NAB Mobile Banking app is compatible with Android and iOS, minimum platform requirements apply. Android is a trademark of Google LLC. The Google Logo is a registered trademark of Google Inc. iOS is a trademark or registered trademark of Cisco in the U.S. and other countries and is used under license.