Best NAB Savings Accounts

Based on 18 reviews
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Standard Variable Rate
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NAB iSaver

NAB iSaver

1.6 
Summary
  • Bonus Interest Period4 months
  • Standard Variable Rate 0.05% p.a.
  • Total Interest Rate 0.3% p.a.
NickVIC26 posts
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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

NAB Reward Saver

NAB Reward Saver

1.3 
Summary
  • Standard Variable Rate 0.01% p.a.
  • Total Interest Rate 0.25% p.a.
MI2003VIC5 posts
 

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.