Open an account online

4.65 % p.a.

Opening a bank account online | Compare accounts and apply - NAB

Choose your bank accounts

Open a transaction account for your everyday banking, or go with a savings account or term deposit to help you reach your savings goals.

Transaction accounts

NAB Classic Banking account

Meet your everyday bank account. Easy access to your money everyday with no monthly account fee.

Features

NAB Retirement Account

Get more from your money in retirement, with easy access to your account and all while earning interest.

Features Savings and term deposits

NAB Reward Saver

Grow your savings faster with bonus interest for regular deposits and no withdrawals.View Disclaimer 4

Earn up to

Earn up to 4.65% p.a. (0.01% p.a. variable base rate + 4.64% p.a. variable bonus rate) for each month that you make at least one deposit before the second last banking day and no withdrawals.

View our indicator rates for deposit products for full details.

Is this account right for you?

NAB iSaver

Easily access your money with an online savings account linked to your NAB transaction account.View Disclaimer 5

Introductory interest rate for 4 months

5.00 % p.a.

1.55% p.a. base variable rate + 3.45% p.a. fixed margin for 4 months. After 4 months, the base variable rate of 1.55% p.a. will apply.

Is this account right for you?

NAB Term Deposit

Enjoy a competitive interest rate and the ability to choose a term to suit your specific needs.View Disclaimer 7

12 month termView Disclaimer 8

5.20 % p.a.

A fixed interest rate, paid at maturity. Interest rates vary based on the term you choose.

Is this account right for you?

Compare interest rates for savings accounts and term deposits.

Check your eligibility to apply online

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:

Learn about different types of bank accounts and why you might need one.

Opening a joint account

You can open a joint account online at NAB if you meet one of the following requirements:

If you don’t meet these requirements, you can apply at your nearest NAB branch. When visiting a branch you’ll need to provide at least one physical form of ID so we can verify your identity. However, if possible, please try and provide two forms of physical ID. This can include:

• an Australian or foreign passport
• an Australian driver’s licence
• a Medicare card (when used in conjunction with another form of ID)
• a birth certificate if you’re aged 18 or under.

Related guides

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.

Student banking

Helping you balance your finances with your studies.

Banking in Australia

Here’s how to manage your banking if you’re moving to Australia to work, travel or study.

How to switch bank accounts

We show you how to switch your banking to NAB in four easy steps.

How to open multiple accounts

Learn how to open or add extra accounts.

Help and support

Here are some useful tips to help you apply, set up and manage your accounts.

Get in touch

Visit a NAB branch

Visit your nearest NAB branch to speak to us in person.

Important Information

• Disclaimer 1

  ATM fees may apply when using your card at ATMs operated by other ATM networks. When using your card for overseas ATM withdrawals, an International Transaction Fee and an ATM cash withdrawal fee applies on both NAB Visa Debit and NAB Platinum Visa Debit cards. Overseas ATM operators may charge you a separate fee to use their ATMs. The International Transaction Fee doesn’t apply to purchases made using a NAB Platinum Visa Debit card.

• Disclaimer 2

  Visa Debit Cards

  Select your choice between a NAB Visa Debit card (no monthly fee) or NAB Platinum Visa Debit card ($10 fee per month).

• Disclaimer 4

  Bonus Interest - Reward Saver

  This rate includes a variable base rate and a variable bonus rate.

  To earn the bonus interest, make no withdrawals and make at least one deposit in the month (we need to receive the deposit on or before the second-last banking day of the month). A banking day is any day that isn't a weekend or an Australia-wide public holiday. All deposit and withdrawal transactions made on a non-banking day or after payment cut off times may be counted on the next banking day. If the account qualifies for bonus interest, we’ll calculate it using the daily closing balance throughout the month.

• Disclaimer 5

  Accessing your new iSaver account using a NAB Classic Banking account

  If you’re new to NAB or don't have an existing transaction account, we’ll automatically open a NAB Classic Banking account and NAB Visa Debit Card for you when you open your NAB iSaver.

• Disclaimer 6

  Introductory Interest Rate - iSaver

  Fixed bonus margin is only available to customers who have not held a NAB iSaver in the last 12 months (on balances up to $20 million). In the case of multiple account holders, the bonus margin will only be received if all customers are eligible.

• Disclaimer 7

  Early withdrawal notice

  This product has a fixed term. You’ll need to provide 31 days’ notice to make an early withdrawal and a reduction in interest will apply.

• Disclaimer 8

  New term rate change

  When your deposit matures, a higher or lower interest rate may apply to any subsequent term.

• Disclaimer 9

  If you’re a resident of any other country for tax purposes, you’ll need to provide the relevant taxpayer identification number (TIN). For more information read our helpful taxpayer identification number guide (PDF, 194KB), opens in new window.

  If you don’t have a TIN due to exceptional circumstances, you’ll need to open your account by visiting us in a branch or by calling us on 13 22 65.

Apologies but the Important Information section you are trying to view is not displaying properly at the moment. Please refresh the page or try again later.

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 Accounts Terms and Conditions 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.

See our personal banking fees and charges and indicator rates for deposit products.

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).