Best NAB Bank Accounts

MyCARD is terrible, shocking service, on hold for over 40minutes to just speak to someone.

NAB = Scam scam scam, signed up for 4.45%. RBA raised rates by .25%… NAB only passed on .15 then the RBA put the rate rates up another .25% and NAB… Read more

only increased again at .15% scamming me out of .2% approximately $4000 per year.

Their rate is now lower than most saving rates with other banks so don’t waste your time moving over to these guys once you’re there they won’t look after you… Just rip you off considering they are offering 4.95% for new customers. they don’t give a cr#p about their existing customers only giving them 4.75 once you’ve already signed up and transferred your funds. 0/10

I’m out

My Dad is 99, frail and blind. He needed his term deposit redeemed to pay for entry to an aged care facility, and he signed a redemption request… Read more

which I attempted to lodge at the Hastings branch for him. The form is quite clear in that it says it needs to be lodged only. However, after a 20 minute wait in a queue I was told no way. We need to see your Dad with his ID. I explained he had been hospitalized and sick and was not fit to travel nor stand in a queue and I was advised that the branch does have chairs. How kind. Perhaps they have ambulances too. I was told that there is no other solution and to be on my way and that they would not process the redemption. They then locked that account and sent letters to it that cannot be accessed. I assume they are thinking I am stealing his money. However, if they would bother to look, they can see the redemption request dictates that the money goes to an account in his name. I have proceeded with complaints to NAB that have all been ignored, and am now with AFCA and no response there yet either. They have a month to respond before AFCA will do anything. Perhaps we need to engage a solicitor. So my message is this, if you can afford to wait more than a month for your money, and want to be treated like a criminal for helping your parent, then NAB is the bank for you.

NAB Fails Small Businesses—Promises Broken – Switching to NAB was a mistake. I trusted their CEO’s ‘support small business’ promise, but they can’t handle basics—three identity checks per call,… Read more

dropped transfers, and zero internal coordination. High international fees and card payment blocks (unlike Westpac’s reliability) crippled my Meta ads. NAB’s a disaster for small businesses.

More like gambling than saving – A flexible account that pays you almost no interest if you make any kind of withdrawal within a month. This is more like placing a bet on whether you… Read more

need to withdraw money each month than it is a regular savings account.

Be aware you will get almost no interest in the month you close it, and god forbid you make a small transaction in error while you hold the account. This is not a term deposit, but it has all the worst features of a term deposit plus an element of gambling with only downsides.