4.35 % p.a.
Choose your bank accounts
Open a savings account or term deposit to help you reach your savings goals, or open a transaction account for your everyday banking.
Transaction accounts
NAB Classic Banking account
Meet your everyday bank account. Easy access to your money everyday with no monthly account fee.
Features
NAB Retirement Account
Get more from your money in retirement, with easy access to your account and all while earning interest.
Features
Savings and term deposits
NAB Reward Saver
Grow your savings faster with bonus interest for regular deposits and no withdrawals.
Earn up to
Earn up to 4.35% p.a. (0.10% p.a. variable base rate + 4.25% p.a. variable bonus rate) for each month that you make at least one deposit before the second last banking day and no withdrawals.
View our indicator rates for deposit products for full details.
Is this account right for you?
NAB iSaver
Easily access your money with an online savings account linked to your NAB transaction account.
Introductory interest rate for 4 months
4.65 % p.a.
1.50% p.a. base variable rate + 3.15% p.a. fixed margin for 4 months. After 4 months, the base variable rate of 1.50% p.a. will apply.
Is this account right for you?
NAB Term Deposit
Enjoy a competitive interest rate and the ability to choose a term to suit your specific needs.
12 month term
3.90 % p.a.
A fixed interest rate, paid at maturity. Interest rates vary based on the term you choose.
Is this account right for you?
Compare interest rates for savings accounts and term deposits.
Online banking How to open a personal savings or transaction account
Open a savings account, term deposit or everyday bank account today. If you're already a NAB customer, applying in the NAB app is easy.
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Open the NAB app.
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Select Products from the menu.
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Choose a Transaction or Savings account.
Check your eligibility to apply online
To open a personal bank account online you’ll need to meet our eligibility criteria. If you don’t meet this criteria, visit us in branch and we can help.
If you need to open a bank account, check that you’re eligible to apply online:
Learn about different types of bank accounts and why you might need one.
Eligibility to open a joint account
You can open a joint account online at NAB if you meet one of the following requirements:
If you don’t meet these requirements, you can apply at your nearest NAB branch.
Help and support
Here are some useful tips to help you apply, set up and manage your accounts.
Related guides
Haven't found what you're looking for? Here are some guides you might find helpful if you're a student, moving to Australia or want to change your banking to NAB.
Student banking
Helping you balance your finances with your studies.
Banking in Australia
Here’s how to manage your banking if you’re moving to Australia to work, travel or study.
How to switch bank accounts
We show you how to switch your banking to NAB in four easy steps.
How to open multiple accounts
Learn how to open or add extra accounts.
Get in touch
Visit a NAB branch
Visit your nearest NAB branch to speak to us in person.
Important Information
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Any advice has been prepared without considering your objectives, financial situation or needs. Before acting on any advice, you should consider whether it is appropriate for your circumstances and view the Personal Transaction and Savings Accounts Terms and Conditions, opens in new window or NAB Term Deposit Terms and Conditions. Target Market Determinations for these products are available at nab.com.au/TMD. NAB products issued by NAB.
See our personal banking fees and charges and indicator rates for deposit products.
Closing your account
If you’d like to close your account please visit a NAB branch, or call us on 13 22 65 from Monday to Friday, 8:00am to 7:00pm (AEST/AEDT) or Saturday to Sunday, 9:00am to 6:00pm (AEST/AEDT).