What is a joint account?

A joint account is a bank account that has more than one owner. By applying online, you agree that all owners can access the money independently, so you can each do online banking or have your own card (if you have a joint transaction account).

Features of a joint bank account

  • Each owner can have their own debit card (when linked to a transaction account).

  • Each owner will have their own NAB ID to set up internet banking so you can manage your accounts easily online and in the NAB app.

  • You can easily manage bills and expenses.

  • You can create joint savings goals and reach them faster together.

  • You’ll have better visibility over joint spending and saving.

Opening a joint bank account

Here are the types of accounts you can open as joint accounts at NAB.

Meet your everyday bank account. Easy access to your money everyday with no monthly account or overdrawn fees.

Monthly account fees

$ 0

Withdrawal fee at ATMs

$ 0

A fixed interest rate, paid at maturity. Interest rates vary based on the term you choose.

Open online in less than five minutes

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

Earn up to

5.00 % p.a.


On a Tiered interest structureNAB Reward Saver has a tiered interest structure, meaning you may receive a different rate for the entire balance depending on the tier your balance falls within. , earn up to 5.00% p.a. (0.35% p.a. variable base rate + 4.65% p.a. variable bonus rate) for each month that you make at least one deposit before the second last banking day and no withdrawals.

Interest rates shown here are for balances up to $49,999. View Indicator Rates - Deposits for full details of tiers and rates.

Open online in less than five minutes

Easily access your money with an online savings account linked to your NAB transaction account.

Introductory interest rate for 4 months

5.00 % p.a.

2.00% p.a. base variable rate + 3.00% p.a. fixed margin for 4 months. After 4 months, the base variable rate of 2.00% p.a. will apply.

Open online in less than five minutes

Other joint accounts to consider

Accessing your joint account

When you apply for a joint account online, each account holder will have direct access to the funds in the account, through digital channels like NAB Internet Banking and the NAB app, with a debit card or in a branch. This means each account holder can access the account individually to withdraw or deposit money separately from the other account holder.

If you want both account holders to jointly operate the account - meaning that both need to give permission for deposits and withdrawals - you'll need to come into a branch to arrange this. Don't apply online.

If your situation changes and you want to change how both people access the money, please visit a branch.

How to apply

You can apply online if both applicants meet these criteria:

  1. You're at least 14 years old (over 18 years old if you want to apply for a NAB Term Deposit).
  2. You’re an Australian resident for tax purposes.

If you don’t meet these criteria, or want to open a NAB Term Deposit or NAB Retirement Account as a joint applicant, visit us at a branch.

All parties will need to go to the branch together to open the account.

Things to consider before you apply

It’s important that you discuss your financial goals and spending habits together before you apply to work out whether a joint account is right for you. You should also consider if you should keep separate bank accounts. Keep in mind, all owners of the account will have access to the money you deposit into the account.

Some things you should discuss and agree on before you apply are:

  • how much is deposited
  • how often each person makes a deposit
  • what expenses get paid out of the joint account
  • what your savings goals are
  • how the account can be used (do both people have to authorise transactions, or just one).

Get in touch

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Visit us in person at your nearest NAB branch or business banking centre.

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