1 Portfolio Package
The Portfolio Package is provided as part of the NAB Portfolio Facility.
If you have a Portfolio Package, for an annual fee of $550 you will get Portfolio Package benefits relating to certain products and services (including those set out in the remainder of this important information section):
- while you have a NAB Portfolio Facility; and
- if you’ve asked us specifically to include the product or service with the benefit in your package:
- when you applied for it; or
- after you apply for it, provided there is no exception set out below to adding an existing product or service to your package.
2 Eligible credit cards include all NAB personal credit cards except for the NAB Low Rate Premium card. Your packaged card can’t be in the name of a company and can’t be a business card. Read more important information about our credit cards here.
3 Transaction/ATM fee waivers
There are no NAB fees when you access a NAB Portfolio Facility sub account through a NAB ATM or non NAB ATM in Australia. (Other ATM owners within Australia may directly charge you a fee at the time of the transaction when you use a non NAB ATM.)
In addition, there are no NAB transaction fees if you access your NAB Portfolio Facility sub accounts through:
- overseas ATMs (overseas operators may charge you to use their ATMs);
- electronic funds transfer point of sale machines;
- direct debit;
- cheques from a cheque book linked to the sub account.
Read more important information about our transaction accounts here.
4 Insurance benefits
Home insurance benefit
A 10% discount off the standard premium when you renew an existing, or apply for one of the following home insurance policies and include it in your package:
- NAB Home Insurance;
- NAB Home Insurance Essentials; and
- NAB Residential Investor Insurance
These benefits are not available in conjunction with any other special or discount offers applicable to these policies. Read more important information about these insurance products.
Car insurance benefit
A 10% discount off the standard premium when you renew an existing, or apply for a new NAB Car Insurance policy and include it in your package.
These benefits are not available in conjunction with any other special or discount offers applicable to these policies. Read more important information about this insurance product.
5 Margin Lending interest rate discount
If you include a NAB margin loan in your package, there is a 0.20% p.a. discount off the advertised National Margin Lending indicator rates (variable & fixed). This benefit is not available in conjunction with any other margin lending special offer or discount. The discount on a fixed rate margin lending facility is not available for a fixed rate period beginning before the facility is included in the package. Read more important information about our margin lending products.
NAB Portfolio Facility is not 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 28 June 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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