Open a savings account or term deposit to help you reach your savings goals, or open a transaction account for your everyday banking.
Transaction accounts Savings and term depositsMeet your everyday bank account. Easy access to your money everyday with no monthly account or overdrawn fees.
Get more from your money in retirement, with easy access to your account and all while earning interest.
When you apply for a NAB Classic Banking account you’ll get a choice between two feature-packed Visa Debit cards.
Grow your savings faster with bonus interest for regular deposits and no withdrawals.
Earn up to 5.00% p.a. (0.35% p.a. variable base rate + 4.65% p.a. variable bonus rate) for each month that you make at least one deposit before the second last banking day and no withdrawals.
Easily access your money with an online savings account linked to your NAB transaction account.
Introductory interest rate for 4 months
2.00% p.a. base variable rate + 3.00% p.a. fixed margin for 4 months. After 4 months, the base variable rate of 2.00% p.a. will apply.
Enjoy a competitive interest rate and the ability to choose a term to suit your specific needs.
A fixed interest rate, paid at maturity. Interest rates vary based on the term you choose.
Compare interest rates for savings accounts and term deposits.
Open a savings account, term deposit or everyday bank account today. If you're already a NAB customer, applying in the NAB app is easy.
Open the NAB app. Tap Login on the home screen. Select New account from the menu. Choose a Transaction or Savings account.To open a personal bank account online you’ll need to meet our eligibility criteria. If you don’t meet this criteria, visit us in branch and we can help.
If you need to open a bank account, check that you’re eligible to apply online:
You're 14 years or older You're an Australian resident for tax purposes. If you’re applying for a NAB Retirement Account, you're over 55 years old and retired.Learn about different types of bank accounts and why you might need one.
You can open a joint account online at NAB if you meet one of the following requirements:
Both applicants are new customers to NAB Both applicants are existing NAB customers. You’re not applying for a NAB Retirement Account.If you don’t meet these requirements, you can apply at your nearest NAB branch.
Here are some useful tips to help you apply, set up and manage your accounts.
Haven't found what you're looking for? Here are some guides you might find helpful if you're a student, moving to Australia or want to change your banking to NAB.
Helping you balance your finances with your studies.
Here’s how to manage your banking if you’re moving to Australia to work, travel or study.
We show you how to switch your banking to NAB in four easy steps.
Learn how to open or add extra accounts.
Visit your nearest NAB branch to speak to us in person.
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Any advice has been prepared without considering your objectives, financial situation or needs. Before acting on any advice, you should consider whether it is appropriate for your circumstances and view the Personal Transaction and Savings Products Terms and Conditions (PDF, 627KB) , opens in new window or NAB Term Deposit Terms and Conditions. Target Market Determinations for these products are available at nab.com.au/TMD. NAB products issued by NAB.
Closing your account
If you’d like to close your account please visit a NAB branch, or call us on 13 22 65 from Monday to Friday, 8:00am to 7:00pm (AEST/AEDT) or Saturday to Sunday, 9:00am to 6:00pm (AEST/AEDT) .
NAB acknowledges the Traditional Owners of the land as Australia’s First Peoples and recognises their continuing connection to lands, water and country. We pay our respects to Elders past and present.
Any advice on our website has been prepared without considering your objectives, financial situation or needs. Before acting on any advice, consider whether it is appropriate for your circumstances and view the Product Disclosure Statement or Terms and Conditions available online or by contacting us. Credit applications are subject to credit assessment criteria. Interest rates, fees and charges are subject to change. Target Market Determinations for our products are available at nab.com.au/TMD. Products issued by NAB unless stated otherwise.
© National Australia Bank Limited ABN 12 004 044 937 AFSL and Australian Credit Licence 230686