What is the NAB Wealth Builder?

Please note: This product is no longer for sale.

The NAB Wealth Builder is a savings account that allows you to consolidate deposits into one ‘easy-to-manage’ account and benefit from time saving and efficiency.

With the ability to reinvest income and make additional deposits, you can also benefit from compounding returns.

As the NAB Wealth Builder has no fixed maturity date, your account won’t require ongoing rollover instructions. Balances will remain invested until a Withdrawal Notice is provided by you and your selected Notice Period (31 day or 90 day) is completed.

You can benefit from competitive returns linked to movements in the RBA Cash Rate, plus a variable margin. This variable margin is dependent on the Notice Period you elect for your NAB Wealth Builder.

How does a NAB Wealth Builder work?

how nab wealth builder work

  • Select your Notice Period
  • NAB Wealth Builder is opened
  • Initial deposit of $50,000
  • Make additional deposits over time
  • Submit a Withdrawal Notice to withdraw part of your balance
  • Reinvest monthly interest to access compounding returns or have it paid to your Nominated Account
  • Receive withdrawal amounts in your Nominated Account, at the completion of your selected Notice Period