NAB Retirement Account features
Here's what you get with a NAB Retirement Account and what you'll need to apply.
Key features
Eligibility
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You must be over 55 and retired, or receiving a Government pension or allowance.
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Have your passport or driver’s licence and a utility bill with you.
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Visit your nearest branch to apply.
Additional features
Secure and convenient banking
Be digital-ready with NAB Internet Banking, the NAB app and digital wallets.
Easy access to your money
Pay instore or online, make fast payments and transfers and withdraw your money from ATMs.
Earn interest on every dollar
Receive tiered interest to maximise the return on your balance.
Fees and charges
A low fee account to help you save in your retirement.
Monthly account fees
$ 0
Keep extra cash in your account to maximise interest.
Withdrawal fees
$ 0
No fee at over 7,000 ATMs across Australia.
Transaction fees
$ 0
Within Australia.
Overdrawn fees
$ 0
If you happen to overdraw your account.
Debit interest may apply to overdrawn amounts. Learn more about Personal account default rate.
How you'll earn interest
Interest is calculated daily and paid quarterly. You'll receive tiered interest based on the tier your account balance falls into.
The daily interest amount for the last banking day of a quarter will be included in the amount paid to you in the following quarter.
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.
Other bank accounts to consider
Contact us
Visit a NAB branch
Visit your nearest NAB branch to speak to us in person.
Terms and Conditions
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Personal Transactions and Savings Products terms and conditions
Read our terms and conditions before applying. Rates fees and charges information also available.
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.
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)
- Saturday to Sunday, 9:00am to 6:00pm (AEST/AEDT)