Summary of benefits

Enjoy convenience and cost-effectiveness

  • Our one facility and one limit annual package has a fee of $550.
  • No application or monthly service fees.

All your borrowings in one place

  • A single lending limit for home and investment loans.
  • You don’t have to reapply unless you increase your credit limit.

Organise your money your way

  • Have up to 18 sub accounts with a choice of fixed or variable rates.
  • Organise your borrowings, transactions and savings how it suits your goals and needs.

Unlock your equity

  • Borrow up to 90% of the property value. Lenders’ Mortgage Insurance applies if you borrow over 80% of the property value.

Access to money when you need it

  • Withdraw money as you need it up to your approved credit limit (provided the account doesn’t have a fixed rate).
  • Access your accounts using ATMs, Internet and Telephone Banking.
  • Foreign applicants/ applicants living overseas please refer to important information section below.

Package benefits

The Private Portfolio Package is provided as part of a NAB Private Portfolio facility.

If you have a Private Portfolio Package for an annual package fee of $550, you will get Private Portfolio Package benefits relating to certain products and services outlined below:

  • while you have a Private Portfolio Facility; and
  • if you’ve asked us specifically to include the product or service with the benefit in your package:
    • when you apply 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.

Annual credit card fee waiver

No annual credit card fees on up to 2 eligible NAB credit card accounts that you include in your package. The eligible cards are any NAB personal credit card except for the NAB Low Rate Premium Card and the NAB StraightUp Card. (You can’t include a card in the package if you are a company or the card is a business credit card).

Margin Lending interest rate discount

If you include a NAB margin loan in your package, there is a 0.20% 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.

Transaction/ATM Fees 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 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
  • BPAY®
  • cheques from a cheque book linked to the sub account.

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 other special or discount offers applicable to these policies. Read more Important information about the insurance.

NAB 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 other special or discount offers applicable to these policies. Read more Important information about the insurance.

Important information

Fees and charges are payable. Terms and conditions apply and are available on request from NAB. Our credit products are subject to normal lending criteria.

NAB Private Portfolio 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 purchase in Australia.

® Registered to BPAY Pty Ltd. ABN 69 079 137 518

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.

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