5.25 % p.a.
Savings accounts | Compare accounts and interest rates - NAB
I want to...
Save and spend
Access your savings without missing out
Regularly save
Save for big purchases
Lock money away
Pick your term and leave it be
Explore savings accounts
Best for
First 4 months at
How it works
- Earn an introductory rate of 5.25% p.a for the first 4 months, then a standard variable rate of 1.65% p.a, even if you withdraw.
- Introductory rate is only available if you (and any other account holders) haven’t held a NAB iSaver in the last 12 months on balances up to $20 million.
- Your NAB iSaver works with a linked transaction account, giving you easy access to your savings when you need it.
Best for
Earn up to
5.00 % p.a.
How it works
- You'll earn the 4.99% p.a. variable bonus rate for the month if you deposit money by the second last Banking dayA banking day is any day that isn't a weekend or an Australia-wide public holiday. All deposit and withdrawal transactions made on a non-banking day or after payment cut off times may be counted on the next banking day. If the account qualifies for bonus interest, we’ll calculate it using the daily closing balance throughout the month. of each month and don't make any withdrawals.
- Earn an ongoing 0.01% p.a. variable base rate.
- When you qualify for the bonus rate, you'll earn a total of 5.00% p.a.
Best for
9 month term
5.10 % p.a.
How it works
- For a 9 month fixed term, interest is paid at the end of your term. For terms longer than 12 months, you can choose to receive interest monthly, quarterly, every six months, or annually.
- Choose a fixed rate term that suits you. Interest rates vary based on the term you choose.
- 31 days notice is required if you want to access your funds prior to the end date of your selected fixed term and will result in a reduction of interest.
Not sure which account?
Access to free online saving tools
Frequently asked questions
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A savings account is an account that you can store money in securely and earn interest on over time. It usually offers a higher interest rate than a transaction account, which makes it better for saving, not everyday spending.
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There’s no monthly account fee for either a NAB Reward Saver or NAB iSaver.
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Yes, both the NAB Reward Saver and iSaver accounts can be opened for children. If they’re aged 14 or over they can apply online. Children under 14 will need to go into branch with a parent or guardian.
Looking for something else?
NAB Classic Banking account
However you bank, you’ll pay no monthly account fee. Spend more on what’s important to you.
NAB Retirement Account
An everyday account for retirees. Earn interest and access your money with no monthly account fee.
Joint accounts
Learn more about joint accounts and how to open one today.
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 your objectives, financial situation or needs. Before acting on any advice, you should consider whether it is appropriate for your circumstances and view our Personal Transaction and Savings Accounts Terms and Conditions and our Term Deposit Terms and Conditions. Target Market Determinations for NAB products are available at nab.com.au/TMD. NAB products issued by NAB. See our indicator rates for deposit products and term deposit indicator rates.