Here are all the fees we’ve removed so far. And, we’re working on removing even more. We want to make our products and services easier to understand, with greater transparency so you know exactly what you’re paying for.

Personal Banking Fees

Transaction and Savings Accounts

NAB Visa Debit Card and NAB Platinum Visa Debit Card - Other Fees

  • NAB Visa Debit Card and NAB Platinum Visa Debit Card - Lost/Stolen card replacement fees for second or subsequent replacement - Issued within Australia
  • NAB Visa Debit Card and NAB Platinum Visa Debit Card - Lost/Stolen card replacement fees for second or subsequent replacement - Issued outside Australia

Back to top

Service Fees

Account Statements

  • Original statement
  • Additional original statement
  • Original statement sent by fax
    • first page
    • each additional page
  • Repeat statement (reprint if lost, etc.)
  • Repeat statement by fax
    • first page, an extra
    • each additional page, an extra
  • Accessing Smart statements online
  • Detail on specific entries
  • List of transactions since last statement/list of last 8 transactions fee
  • Statement cover

Back to top

NAB Alert

  • Account balance alert
  • Credit card payment reminder
  • Funds transfer alert

Back to top

Periodical Payments

  • Charge per establishment and per payment

Back to top

Cheques

  • Stop bank cheque requested on Internet Banking
  • Bank cheque replacement fee reduced from $25 to $20
  • Lodgements for credit of third party cheques received through the mail (or delivery) where no deposit slip is provided fee

Back to top

Credit Card Accounts

Credit cards - other fees

  • Repeat statement fee

Back to top

Loans, Overdrafts and Other Lending Facilities

Personal Loans

  • Fixed and variable rate personal loans Default fee
  • Tertiary Student Package Deferred Repayment Loan (product no longer for sale) Default fee

Back to top

Personal Project Loans (product no longer for sale)

  • Monthly Service fee
  • Repeat Statement fee (Debited on provision of service)
  • Late Payment fee

Back to top

Overdraft Facilities

  • Personal NAB overdraft application fee removal
  • All Consumer and Personal Investment Overdraft Facilities Application fees including:
    • Up to $40,000
    • $40,001 - $60,000
    • $60,001 - $80,000
    • $80,001 - $125,000
    • $125,001 - $150,000
    • $150,001 - $250,000
    • Over $250,000

Back to top

Home Loans & Lines of Credit

The following fees removals apply to:

NAB Home Loans (except Fixed Rate (Interest Only) Mortgage Loans)

  • External Valuation Fee
  • Progressive Drawdown Fee

Back to top

NAB FlexiPlus Mortgage

  • External Valuation Fee
  • Progressive Drawdown Fee

Back to top

NAB Portfolio Package

  • External Valuation Fee
  • Progressive Drawdown Fee

Back to top

NAB Private Portfolio Package

  • External Valuation Fee
  • Progressive Drawdown Fee

Back to top

NAB Fixed Rate (Interest Only) Mortgages (product no longer for sale)

  • Application Fee - Existing customer (new loan)
  • Application Fee - New Customer
  • Economic costs for fixed rate loans
  • External Valuation Fee
  • Loan Service Fee
  • Progressive Drawdown Fee
  • Rate Lock
  • Variation Fee
  • Legal Service Fee

Back to top

Other Service Fees

Bank Certificates

  • Account balances or interest accrued

Garnishee fee

  • Garnishee fee
  • Garnishee fee - Ongoing Garnishee fee

Back to top

Travel Money

  • Foreign currency cash (Issued or cashed)

Back to top

Other Services

  • Coin swap machine exchange fee
  • Direct Debit dispute

Back to top

Business Banking Fees

Business Accounts and Services

NAB Business Interest Account

  • NAB Business Interest Account - Electronic transactions fee
  • NAB Business Interest Account - EFTPOS transactions fee

Back to top

Agribusiness Products and Services

NAB Farm Management Account

  • NAB Farm Management Account - Account service fee
  • NAB Farm Management Account - NAB ATM mini statements fee
  • NAB Farm Management Account - NAB ATM Items lodged on deposit fee
  • NAB Farm Management Account - NAB ATM transfer fee
  • NAB Farm Management Account - Banker assisted transactions - Deposit fee
  • NAB Farm Management Account - Banker assisted transactions - Withdrawal fee
  • NAB Farm Management Account - Banker assisted transactions - Each cheque or item lodged with a deposit fee
  • NAB Farm Management Account - CSP Enquiry fee
  • NAB Farm Management Account - Non-banker assisted transactions - Deposit
  • NAB Farm Management Account - Non-banker assisted transactions - Withdrawal fee
  • NAB Farm Management Account - Non-banker assisted transactions - Each cheque lodged with a deposit fee
  • NAB Farm Management Account - Non-banker assisted transactions - Each item lodged with a deposit fee

Back to top

NAB Cards for Business

Business Card Holder

  • NAB Card for Business - Lost/Stolen card replacement fee for second or subsequent replacement - Issued within Australia
  • NAB Card for Business - Lost/Stolen card replacement fee for second or subsequent replacement - Issued outside Australia
  • NAB Business Visa Debit Card - Lost/Stolen card replacement fee for second or subsequent replacement - Issued within Australia
  • NAB Business Visa Debit Card - Lost/Stolen card replacement fee for second or subsequent replacement - Issued outside Australia

Back to top

Other Service Fees

Garnishee Fee

  • Garnishee fee
  • Garnishee fee - ongoing

Back to top

HICAPS

  • HICAPS Voice authorisation fee
  • HICAPS Imprinter fee
  • HICAPS Closure fee

Back to top

Merchant Services

  • Merchant services standard fees – Imprinter fee - Electronic
  • Merchant services standard fees – Imprinter fee - Manual (paper based)
  • Merchant services standard fees – Closure fee
  • Merchant services standard fees - Print repeat statement fee
  • Merchant services standard fees - Transaction listing

Back to top

BPAY®

  • BPAY® establishment fee for multiple Biller/Master and Sub Biller (Standard Establishment fees will still apply)
  • BPAY View® establishment fee for multiple Biller/Master and Sub Biller (Standard Establishment fees still apply)
  • BPAY® Batch establishment fee for each batch user ID for 2-10 user IDs (Standard Establishment fees still apply)
  • BPAY® Batch establishment fee for each batch user ID for each batch user ID for 11+ batch user IDs (Standard Establishment fees still apply)

Back to top

Payment Services

  • Periodical Payments - Charge per payment at same branch or another branch
  • Periodical Payments - to another financial institution
  • Periodical Payments - by bank cheque, international cheque, etc
  • Periodical debit system – vouchers fee
  • Teletransfers and Real Time Gross Settlement - cash handling fee to other banks for non-customer
  • Reference fee - Overdrawn account

Back to top

Cheques

  • Stop bank cheque requested on Internet
  • Bank cheque replacement fee reduced from $25 to $20
  • Electronic data processing services - Listing fee
  • Electronic data processing services - Cheque sorting fee
  • Lodgements for credit of third party cheques received through the mail (or delivery) where no deposit slip is provided fee

Back to top

Account Statements

  • Account statements - Additional original statement
  • Account statements - Duplicate statement printed and issued with original statement
  • Additional fax charge - $4 for first page
  • Additional fax charge - $2 for each additional page

Back to top

Specialised Services

  • Credit Transfer - Cash handling fee - Drawing on account of favoured for credit transfer fees
  • Reimbursement drawings under authority fee
  • Coin swap machine exchange fee

Back to top

Travel Money

  • Foreign currency cash (Issued or cashed)

Back to top

NAB Connect Fees

NAB Connect User

  • NAB Connect Authorising User fee
  • NAB Connect Security Token fee
  • NAB Connect Payments Service fee
  • NAB Connect Stop Cheque fee
  • NAB Connect Customer Voucher Online fee
  • NAB Connect SMS Alerts - Individual fee
  • NAB Connect SMS Alerts - Batch fee
  • NAB Connect Extended cut-off time service fee
  • NAB Connect Financial File Transfer Service fee
  • NAB Connect SWIFT MT940 Account Information fee

Back to top

NAB Foreign Currency Accounts

  • NAB Foreign Currency Accounts - Intra account transfer fee - for payments without currency conversion
  • NAB Foreign Currency Accounts - Intra account transfer fee - for payments with currency conversion

Back to top

Transaction Legal fees

  • Transaction (tier 1) Legal fees for review, amend, prepare or consent to any of the following documents:
    • Guarantees: Bank Guarantee - lost, Bank Guarantee - non-standard, Guarantee -interlocking, Guarantee - limited, Guarantor release;
    • Securities: Business Security Agreement, Caveat, Discharge / Release of security, General Security Agreement, hotel / liquor license security, lease/license/agreement to lease (with or without variation), loan/security documentation - non-standard, negative pledge, specific security agreement, subordination deed, trust (with or without variation), right of entry, serviced apartment,
    • Titles - Community Title, Company Title, Constitution, Plan of subdivision/consolidation/easement/other property dealings
    • Mortgages - mortgage of fishing licence, mortgage of ship, mortgage of stock (livestock), water mortgage/charge
    • Agreements: partnership/joint venture agreement, power of attorney, priority/postponement
    • set-off agreement,
  • Transaction (tier 2) Legal fees for review, amend, prepare or consent to any of the following documents:
    • Securities: Contract / Agreement, Hamilton island security,
    • Lending: deceased estate lending, financial planner lending, franchise lending, mortgage of lease (including lease review), overseas currency loan
    • Superannuation: superannuation acquisition financing deed, (includes initial property purchase), self-managed superannuation fund lending (refinance)
  • Work description –
    • Notice of Demand or Default,
    • Notice of Cancellation or Termination,
    • Notice of exercise of power of sale or intention to sell,
    • Notice to vacate
    • Deeds of settlement – preparing,
    • Deeds of settlement – reviewing,
    • Deeds of variation/extension – preparing,
    • Deeds or letters or forbearance – preparing,
    • Deeds or letters or forbearance - reviewing,
    • Receiverships Appointments,
    • Voluntary Administration Appointments
  • Where we take additional enforcement or recovery action before or following the issue of any of the above documents, including the sale of property as mortgagees.

Back to top

Legal Costs Incurred on Enforcement

Removing the legal administration fees associated with searches:

  • Real property search,
  • Personal property search,
  • Australian business number search,
  • Business name,
  • Company searches,
  • Other searches not specified,
  • Multiple searches (each subsequent search)

Back to top

Personal banking fees and charges

NAB's guide will help you answer all your questions about fees that may apply to our range of personal accounts and services.

Business banking fees and charges

This page covers the fees and charges that may apply to your Business products and services.

NAB Connect

Our internet banking solution for business, flexible to use at the office, from home or on the go.