Features and benefits

Get a wide range of discounts and extra benefits through the NAB Choice Package. Keep in mind the benefits only apply when you ask us to include these products as part of your package.

Keep in mind: discounts only apply when you ask us to include these products as part of your package.
Keep in mind: discounts only apply when you ask us to include these products as part of your package.

Discounted rates

Get up to 0.9% p.a. discount1 off the indicator rate for the life of the loan on a NAB Tailored Variable Rate Home Loan (borrowings over $750k)

You could save on fees

Pay an annual package fee of $395 and enjoy no home loan application fees, no home loan monthly service fees and a credit card of your choice with no annual fee.

Enjoy extra benefits

Get discounted premiums on selected insurance products2, and discounts on margin loan interest rates.

Ready to get started?

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

How it works

Savings example

Choice Package customers who bundle a $300,000 NAB Tailored Variable Rate Home Loan (interest only repayments) with a NAB Qantas Rewards Signature Card could enjoy the following benefits.

Please note, this is an example only and may be different depending on your circumstances4. To enjoy these benefits (and more), you’ll need to ask us to include the products in your Choice Package and pay the annual package fee of $395.

$600 No home loan application fee

Enjoy no home loan application fee with your Choice Package.

$395 No credit card annual fee

No annual credit card fee on NAB Qantas Rewards Credit Card.

$2,550 Potential first year savings

Save thousands in interest with a 0.85% p.a. discount off the indicator rate on the NAB Tailored Variable Rate Home Loan (borrowing $300,000).

Interest rate discounts

Discount off the indicator rate that applies to the NAB Tailored Variable Rate Home Loan1

Discount off the standard variable rate
Amount borrowed Discount
$750,000 and above Discount 0.90% p.a.
from $250,000 - $749,999 Discount 0.85% p.a.
Up to $249,999 Discount 0.60% p.a.

Discount off the standard fixed rate for the NAB Tailored Home Loan1

0.10% p.a.

Discount off the indicator rate that applies to the variable rate FlexiPlus Mortgage1

0.15% p.a.

View interest rates for home lending.

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 nab.com.au/insurance.

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

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.

3 Based on the first year savings on a 0.85% p.a. discount off the indicator rate that applies to the NAB Tailored Variable Rate Home Loan for a loan of $300,000 when taken as part of NAB Choice Package. Calculation assumes interest only payments are made and no change to the lending amount. Your annual savings will be less if your loan amount is less than the example or if you choose principal and interest repayments.

4 The scenario above is an example only and the benefits that can apply will depend on the customer’s circumstances (including the nature of the home loan and the products you acquire). The potential savings in interest will be lower if the loan amount is less than the example above or if you choose principal and interest repayments. The amount of potential savings in interest will decrease over the term of the loan as the principal is repaid.

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).

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.

Information and rates are correct as at 2 July 2019 and are subject to change. Applications for credit are subject to NAB’s credit approval criteria. Terms and Conditions apply to all NAB products and are available on application. Fees and charges are payable. National Australia Bank Limited ABN 12 004 044 937 AFSL and Australian Credit Licence 230686 (NAB).

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