Joint bank accounts

When you apply for a joint account online, each account holder will have direct access to the funds in the account, through digital channels like NAB Internet Banking and the NAB app, with a debit card or in a branch. This means each account holder can access the account individually to withdraw or deposit money separately from the other account holder.

If you want both account holders to jointly operate the account - meaning that both need to give permission for deposits and withdrawals - you'll need to come into a branch to arrange this. Don't apply online.

If your situation changes and you want to change how both people access the money, please visit a branch.

You can apply online if both applicants meet these criteria:

1. You're at least 14 years old (over 18 years old if you want to apply for a NAB Term Deposit).
2. You’re an Australian resident for tax purposes.

If you don’t meet these criteria, or want to open a NAB Term Deposit or NAB Retirement Account as a joint applicant, visit us at a branch.

It’s important that you discuss your financial goals and spending habits together before you apply to work out whether a joint account is right for you. You should also consider if you should keep separate bank accounts. Keep in mind, all owners of the account will have access to the money you deposit into the account.

Some things you should discuss and agree on before you apply are:

• how much is deposited
• how often each person makes a deposit
• what expenses get paid out of the joint account
• what your savings goals are
• how the account can be used (do both people have to authorise transactions, or just one).