Manage your rollover

Update rate and term only

1. Log into the NAB app or NAB Internet Banking.
2. Select the term deposit you want to update. Select Account Details.
3. Select Manage rollover.
4. Select Modify.
5. Select Update term and rate only, select Next.
6. Choose a new Standard Term or select Custom end date, then select Next.
7. If the term you selected is 12 months or greater, you must choose how you would like your interest paid. This can be to a NAB account or another account. Interest earned on Farm Management Deposits must be paid to a NAB account. Ensure these details are correct to avoid any delays and to ensure your interest is paid to the correct account.
8. Review your new rate and select Confirm.
9. Review confirmation screen details, select OK, got it.

Add funds and review rate and term

1. Log into the NAB app or NAB Internet Banking.
2. Select the term deposit you want to update. Select Account Details.
3. Select Manage rollover.
4. Select Modify.
5. Select Add funds to your Term Deposit, select Next.
6. Enter the dollar value of the ‘top up’, select the term, then select Next.
7. Select Transfer now to transfer funds from an eligible NAB account, or
8. Select Transfer later to transfer funds from a non-NAB account. Make a note of your term deposit account details to enable the funds transfer.
9. Review the rate and term as well as “top up” value.  Select Confirm
10. Review confirmation screen details, select OK, got it.
    

View our term deposit rollover help video

• The minimum top up value is over $0.
• The maximum top up value must not take the total of all your term deposit/s over $2 million. For balances and funding over $2 million, please contact us on 13 13 12, visit a NAB branch or speak with your business banker.
• Any term deposit top ups must be completed in a single transaction.
• Only eligible funding accounts with sufficient funds will display in the funding accounts drop-down list.
• Examples of eligible funding accounts include:
  • transaction accounts
  • savings accounts
• Examples of ineligible funding accounts include:
  • home loans
  • credit cards
  • personal loans
  • accounts not in your name
  • accounts that require two people or more to transact and/or authorise payments.
• Processing times may apply
• Additional eligibility criteria may apply
• You’ll receive a re-lodgement confirmation letter via your nominated communication channel once your top up has occurred.

Partially withdraw funds

1. Log into the NAB app or NAB Internet Banking.
2. Select the term deposit you want to update.
3. Select Manage rollover.
4. Select Modify.
5. Select Withdraw funds from your Term Deposit, select Next.
6. Enter the dollar value you want to withdraw, select the term, then select Next.
7. Select an eligible NAB account to disburse funds from the drop-down list, select Next.
8. Review the rate and term, as well as details of the partial withdraw and disbursement account, select confirm
9. Review confirmation screen details, select OK, got it.

Partial withdrawal help video

Fully withdraw and close account

1. Log into the NAB app or NAB Internet Banking.
2. Select the term deposit you want to update.
3. Select Manage rollover.
4. Select Modify.
5. Select Close Term Deposit, select Next.
6. Select an eligible NAB account to disburse funds from the drop-down list, select Next.
7. Review the details of the closure withdraw and disbursement account, select confirm.
8. Review confirmation screen details, select OK, got it.

Full withdrawal help video

• Partial withdrawals from NAB Term Deposits have a minimum withdrawal of $1. The minimum remaining balance must not be lower than $5,000.
• Partial withdrawals from Farm Management Deposits have a minimum withdrawal of $1,000. The minimum remaining balance must not be lower than $1,000.
• To close or partially withdraw funds online, the total balance of all your term deposits must be less than $2 million.
• For aggregate balances of $2 million and over, contact us on 13 13 12 or visit a NAB branch.
• You can only withdraw from your term deposit to an eligible NAB account.
• You’ll receive a re-lodgement confirmation letter via your nominated communication channel once your withdrawal has occurred.
• Processing times may apply.
• Additional eligibility criteria may apply

No maturity instructions provided

If you didn’t provide any maturity instructions when you opened your account, subject to the terms and conditions, we may reinvest the term deposit for a new term of the same length as the term that has ended, and at the interest rate applicable at the start of that new term.

Giving or changing maturity instructions

You can provide instructions on closures and directly crediting funds into your account at maturity when the Manage rollover button is available online or by contacting us. Or make changes to existing instructions at any time before maturity. To give or change instructions, call 13 13 12 or complete our term deposit instructions form (PDF, 226KB), opens in new window and return it to your nearest NAB branch.