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- Classic Banking
Classic Banking
- 2024 Award Winner
- Special
- App banking
- Online banking
- Overseas ATM facilities
- Visa debit card
Special
No monthly account fees ever. NAB Classic Banking account. T&Cs apply.
Monthly fee
$0
Maximum interest rate
0.01%
Classic Banking
- 2024 Award Winner
- Special
- App banking
- Online banking
- Overseas ATM facilities
- Visa debit card
Monthly fee
$0
Maximum interest rate
0.01%
RateCity says
"A classic bank account from one of Australia's biggest banks. Enjoy extensive ATM access and zero account keeping fees with this bank account."
Pros and Cons
For Classic Banking
Benefits
- $0 account keeping fee
- Linked Visa debit card
- App banking available
- Apple Pay, Google Pay, Samsung Pay, Fitbit Pay, Garmin Pay available
- 0.01% interest applies
- Free transfer to international accounts
- Send money using PayID
- Winner of Best Bank Account, RateCity Gold Awards 2024
Drawbacks
- $5 Overseas ATM Withdrawal Fee
- $3 fees apply for overseas transactions
- 3% fees apply for overseas transactions
NAB Rate Bank Account overview
For Classic Banking
Account details
Minimum opening amount
$0
Min. age restrictions
N/A
Minimum balance
Max. age restrictions
N/A
Interest calculation frequency
Daily
Interest payment frequency
Quarterly
Features
Linked account
Send money using PayID
Joint application available
Free international account transfer
Foreign currency
Target Market Determination
Visit National Australia Bank Limited to view Target Market Determination.
Methods of access
Internet banking
ATM access
Phone banking
EFTPOS facility
Branch access
Cheque services
App
App only
Fee details
Monthly fee
$0
Min. deposit for fee free
N/A
ATM & EFTPOS fees
ATM withdrawal fee
$0
Other bank ATM withdrawal fee
Daily ATM withdrawal limit
$2,000
EFTPOS fee
$0
Overseas fees
Overseas ATM withdrawal fee
$5
Overseas eftpos fee
Foreign transaction fee
$3
Other transaction fees
Phone transaction fee
$0
Internet transaction fee
$0
Counter withdrawal fee
$0
Free counter transactions
Counter deposit fee
$0
Cheque fee
$5
