Features

Learn about the features and benefits of our online savings account.

Flexibility to make withdrawals and still earn interest

Make withdrawals, confident that your interest rate won’t change.

No monthly account and transaction fees

With $0 monthly account service fee and no minimum balance, all your savings get put to good use.

Earn high interest rate for the first four months

Get your savings off to a good start with our competitive introductory interest rate.

Rates explained

Understand the breakdown of the introductory rate.

Standard variable rate

0.05 % p.a.

At a minimum, you'll get this rate (subject to change).

Fixed bonus margin

0.25 % p.a.

We’ll add this bonus rate for the first four months when you open your first NAB iSaver account (balances up to $20 million).

Total introductory interest rate

0.30 % p.a.

This is the total rate (standard variable rate + fixed bonus margin rate) you could earn on your first NAB iSaver account for the first four months (balances up to $20 million).

Open an account in the NAB app: fast and easy

If you’re an existing customer, applying in the NAB app is easy. Open your account with one click and start saving immediately.

  1. Log into the NAB app.

  2. Tap More.

  3. Select New account.

  4. Select 'Savings accounts'.

What you’ll need to apply

Here's what you need to know about applying and eligibility.

Identify yourself

We’ll need either:

  • your passport

  • your driver's licence

  • your Medicare card

Check your eligibility

You must be both:

  • 16 years of age or older

  • a permanent Australian resident

Not eligible to apply online?

Call us on 13 22 65 or visit a branch.

Ready to apply for a NAB iSaver?

If you've checked you're eligible to apply and have all your documents ready, let's get started.

Apply now

Tools and calculators

Check out our handy tools and calculators to help you become a better saver.

Help me choose a savings account

Not sure which savings account to get? Let us help you choose.

Savings calculator

See how much you could save over time or how long it will take to reach your savings goal.

Calculators and financial tools

Use our personal banking calculators to help you plan, save and manage your loans and accounts.

Help and support

Guides and support services to help you manage your banking.

Other ways we can help

Use our help guides, FAQs and other support services to help you manage your banking more easily.

View our help and support hub

Help to reach your savings goals

Easily set, track and reach your savings goals with the NAB app. Simply enter the date you want to reach your goal by and we’ll let you know how much to set aside and how often. You’ll be able to check your progress in the app and stay on track.

How to set and track savings goals

Other account options to consider

Haven't found what you're looking for? Here are some other accounts to explore.

NAB Reward Saver

Grow your savings faster with a higher interest rate, if you're a motivated saver.

NAB Term Deposit

With a competitive interest rate for a term that suits you, our term deposits can help you reach your savings goals.

NAB Cash Manager Account

The NAB Cash Manager can help you manage your cash flow with no account or transaction fees. Access your money whenever you need it.

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 from 8:00am to 7:00pm (AEST/AEDT), Saturday from 7:00am to 6:00pm (AEST/AEDT) or Sunday from 9:00am to 6:00pm (AEST/AEDT).

Contact us

Visit a NAB branch

Visit your nearest NAB branch to speak to us in person.

Find a branch

Call us

Let us help you with your personal banking needs.

Contact numbers

Terms and Conditions

Personal Transaction and Savings Products Terms and Conditions

Personal Banking Fees and Charges

Indicator rates - deposit products

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Target Market Determinations for these products are available at nab.com.au/TMD.