Why use this account

Free, forever.

Pay $0 account fees even when you’re no longer a student 

Visa Debit card

Make everyday purchases easy and secure with Visa payWave

Access to app

Budgeting, spend controls, and more  

Digital Wallet

Tap and pay securely with your mobile device to make contactless purchases

Rates and Fees

$0

Monthly account fees

It’s your money – keep the extra cash up your sleeve for something else.

$0

Overdrawn fees

If you happen to overdraw your NAB transaction account.

$0

Withdrawal fee at over 7,000 ATMs

Access over 7,000 ATMs across Australia, and say goodbye to ATM fees.

  • Transaction fees (within Australia)

    $0

Setting up your account


  • Apply online now for the NAB Classic Banking account
  • You must be at least 16 and a permanent resident to apply online
  • You’ll also need to have a passport, drivers license or Medicare card handy
  • Once you’ve applied, you’ll receive an SMS with your NAB identification (NIN) within 60 seconds
  • Register for Internet Banking (using your NIN), and you’re ready to start moving money around
  • Lastly, you’ll receive another SMS to let you know your NAB Visa Debit card will arrive.

You’ll get a choice between two feature-packed cards.

Linked to the funds available in your Classic Banking account, our Visa Debit cards offer security and convenience. Whether you’re travelling overseas, buying something online or shopping at your local supermarket, pay with Visa Debit and enjoy the benefits.

More about cards

Common questions and answers

Once I apply, do I need to go into a NAB branch at all?

If you’re a new customer, you’ll only need to head into a NAB branch if we can’t match your details through electronic verification or you don’t consent to electronic verification when you apply online. If this is the case, you’ll need to complete a 100-point ID check when you’re at the branch.

If you’re already a NAB customer, you’ll only need to visit a branch to complete a 100-point ID check if you didn’t complete electronic verification or a 100-point ID check when you previously opened a NAB account.

How long will it take for my account to be opened and before I can transfer money into it?

If you successfully complete electronic verification when you apply for your NAB Classic Banking account online, your account will be opened immediately and you can transfer money into it from another bank whenever you’re ready.

If we can’t match your details through electronic verification when you apply online, your account will still be opened immediately and you can transfer money into it whenever you’re ready. However, you won’t be able to withdraw or transfer funds from your account until you visit your nearest NAB branch to complete a 100-point ID check.

How long will it take for my card to arrive?

Once your account’s been opened, you should receive your NAB Visa Debit card or NAB Platinum Visa Debit card in the mail within seven to 10 days. Just so you know, you don’t automatically receive either card when you open your account. When you apply, you’ll be asked whether you’d like a debit card and, if so, which one.

Prior to your card arriving in the mail, you can start using NAB Pay immediately if you have an Android phone.

What’s the maximum amount of money that I can withdraw from an ATM or branch?

For ATMs, the maximum limit you can withdraw is $2,000 per card per business day.

If you’re withdrawing cash from your account in a NAB branch, there is no maximum withdrawal limit. However, if you’re withdrawing a particularly large sum of money, you should visit the NAB branch you intend to withdraw the money from in advance and notify them of them amount you’d like to withdraw – this will ensure the branch has adequate funds available when you want to make the withdrawal.

Other options to consider

NAB iSaver

Access your savings whenever you need them, without affecting your interest rate.

NAB Visa Debit card

Wherever you are, access your money securely and conveniently with our visa debit card.

NAB Reward Saver

Grow your savings faster with bonus interest for regular deposits and no withdrawals.

Closing your account

If you’d like to close your account please visit a NAB branch, or call us on 13 22 65 from 8am - 7pm Mon-Fri, or 9am - 6pm on weekends (AEST/AEDT).

We're ready to help you

Talk to an expert
Call 13 22 65

Mon-Fri 8am - 7pm (AEST/ADST)
Sat-Sun 9am - 6pm (AEST/ADST)