NAB Smart Reward Saver

NAB
Headline interest rate p.a.
-
Monthly fee
-
Account type
Savings

Moneybuddy says

Savings account that rewards no withdrawals with a fairly low rate. Interest is calculated daily and paid monthly and access is convenient via electronic banking (in addition to branch access). If you'd prefer a savings account that lets you make as many transactions as you like check out the NAB iSaver.

The Basics

Interest paid Monthly

Interest calculated Daily

Headline interest rate p.a. -

Monthly fee -

Account type Savings

The cool stuff: features

ATM access -

EFTPOS access -

Branch access Yes

Internet Banking Yes

Age restrictions -

Cheque book facility -

Debit card -

BPAY -

GiroPost -

Phone access Yes

The Facts & Figures

Balance less than $1k (p.a.) -

Balance less than $5k (p.a.) -

Balance less than $25k (p.a.) -

Balance greater than $100k (p.a.) -

Min. balance -

Min. opening deposit -

Number of free elect transactions per month -

The ugly stuff: fees

Other bank ATM fee -

EFTPOS transaction fee -

Branch assistance fee -

* Important note: All product information comes from the product provider or an affiliate and to the best of our knowledge is correct at time of publishing.

NAB says

It's easy to reach your savings goals with bonus interest that rewards you for making one or more deposits and no withdrawals a month.

Keep your savings on track with:Unlimited monthly deposits, Easy access via NAB branches and NAB electronic banking, Competitive interest calculated daily and paid monthly, Bonus interest paid when you make one or more deposits and no withdrawals each monthYou can start saving with as little as $1

Key features

  • Unlimited monthly deposits
  • Easy access
  • Interest calculated daily and paid monthly

Pros

  • Unlimited monthly deposits
  • Easy access
  • Interest calculated daily

Cons

  • Not a very high interest rate
 

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