Package benefits

  • 0.85

    discount for variable rate home loans from $250k

  • 395

    annual package fee

  • 0

    application and monthly service fees2

  • 0

    annual credit card fees

More rates and fees information

Interest rates discounts

Discount amount Amount borrowed
0.90% p.a. $750,000 and above
0.85% p.a.
from $250,000 - $749,999
0.60% p.a.
Up to $249,999
Discount off the standard fixed rate1  
0.10% p.a.
Discount off the standard Flexiplus Mortgage rate1  
0.15% p.a.
View Interest rates for home lending  

Features and benefits

Pay one annual fee and benefit

Here are some of the benefits you get to enjoy from your NAB Choice Package for an annual package fee of $395:

  • Potential saving benefits of up to $2778 in your first year4.
  • Get preferential interest rate discounts on home lending products.
  • No application, annual card or monthly service fees.
  • Ability to be offered a NAB credit card of your choice.
  • Obtain insurance benefits to protect your assets. Enjoy interest rate discounts on fixed and variable margin lending products.

Keep in mind: discounts only apply when your products are part of your package.

Save time and make life easier with your banking in one place

Different home loans to suit you

Foreign applicants / applicants living overseas please refer to Important Information

Savings example

Here are the savings4 for a typical set up which includes:

This scenario is for discussion purposes only and does not relate to any specific NAB customer or their circumstances. Your annual savings will be less if your loan amount is less than the example below or if you choose principal and interest repayments.

Item First year annual benefits Ongoing Annual Benefits (subsequent years)
No home loan application fees2 $600 -
No monthly service fees on variable rate loans3 $96 $96
Ongoing 0.85% discount on our standard variable rate4 for a $250,000 home loan – (see rates sheet for details) $2,125 $2,125
Ongoing 10% discount on NAB Home Insurance/NAB Home Insurance Essentials (assuming an annual premium of $450)5, 6 $45 $45
Ongoing 10% discount on NAB Car Insurance (assuming an annual premium of $570)5, 6 $57 $57
No annual credit card fee on NAB Rewards Signature Credit Card (1 per package customer) $295 $295
Potential savings $3,173 $2,573
Less Annual Package Fee ($395) ($395)
Net Annual Benefits $2,778 $2,178

How it works

Conditional home loan approval

  • Step 1

    Find out how much you can potentially borrow with our Borrowing calculator.

  • Step 2

    Apply online for conditional approval. It takes only 15-20 minutes.


  • Step 3

    Once you have conditional approval, you can make offers with confidence.

  • Step 4

    Tailor your home loan with a banker and finalise the application towards unconditional approval.

Other options to consider

NAB Base Variable Rate Home Loan

Get into your home sooner with our simple, low-cost home loan.

NAB FlexiPlus Mortgage Facility

Unlock equity you’ve built in your home and access money whenever you need it with a flexible line of credit.

Home and contents insurance

Protect your house and the things inside that make it a home.

Important information about the insurance

Allianz Australia Insurance Limited (ABN 15 000 122 850 AFSL 234708) (Allianz) is the insurer and issuer of this insurance. Allianz has entered into a distribution arrangement with National Australia Bank Limited (ABN 12 004 044 937) (NAB). Under this arrangement, NAB is authorised to arrange for the issue of this insurance by Allianz as its agent, not yours. All other services provided by NAB in relation to this insurance are not provided on behalf of Allianz. Neither NAB, nor any of its related bodies corporate, accept liability or guarantee payment of any claim or benefit in respect of this insurance. A policy does not represent a deposit with, or a liability of, nor is guaranteed by either NAB or any of its related bodies corporate.

NAB is paid commission if Allianz issue you with this insurance (including renewals and variations) and may be entitled to a profit share or marketing allowance if certain thresholds are met in agreed periods regarding this and other types of insurance policies entered into under NAB’s arrangement with Allianz. Details are provided in the NAB (AFSL 230686) Financial Services Guide, available in branch, by calling 13 29 28 or at

Any advice contained is general only and does not take into account your particular objectives, financial situation or needs (personal circumstances). You may wish to make this assessment yourself or seek the help of an adviser.

As a result, you should consider whether any such advice and the insurance product are suitable for your personal circumstances. Please consult the Policy Document and Product Disclosure Statement (PDS) relating to the product available in branch, by calling 13 29 28 or at before making any decision about whether to acquire or continue to hold the product. Information about insurance coverage is a summary only and you should read the PDS for full terms, conditions, limits and exclusions that apply. Insurance is subject to eligibility.

Other important information

View our NAB Choice Package Terms and Conditions (PDF, 268KB)

1 Discounts apply to new home loan contracts issued from 31 August 2015 onwards.

2 $0 Application fee applies to all new Choice Package applications.

3 $8 monthly service fees applies to the Tailored Home Loan not on the Choice Package.

4 Based on the first year savings on a 0.85% p.a. discount on the standard variable rate for a $250,000 NAB Tailored Home Loan when taken as part of NAB Choice Package. Calculation assumes interest only payments are made and no change to the lending value. Your annual savings will be less if your loan amount is less than the example or if you choose principal and interest repayments.

5 NAB receives commission for arranging these insurances. Please refer to the 'Important information about the insurance' section on this page for further information.

6 These benefits are not available in conjunction with other special or discount offers applicable to these policies and these benefits are only available when you renew an existing, or apply for a new, eligible policy and tell NAB at the time of applying that you have a Choice Package.

When you apply for the NAB Choice Package, you must include in the package a minimum of $150,000 in eligible lending products (which are existing or approved lending). Fees and charges are payable. Terms and conditions apply and are available on request from NAB. This is subject to normal lending criteria.

NAB Choice Package will not be available to applicants who reside overseas (regardless of citizenship) and/or for applicants who require Foreign Investment Review Board (FIRB) approval to purchase residential property in Australia.

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