NAB
NAB Retirement Account
Get more from your money in retirement and enjoy easy access to your money while earning a competitive interest rate.
Savings & transaction accountsBank updated 15 May 2026
At a glance
- Base rate
- 0.15%
- Monthly fee
- $10
§ 01 — Rates · 5
| Type | Applies to | Term | Band | Rate | Comparison | Conditions |
|---|---|---|---|---|---|---|
| Penalty | — | — | — | 20.00% | — | Not applicable; Penalty interest rate |
| Variable$1 - $9,999 | — | — | $1–$9,999 | 0.15% | — | paid every 3 mo; Not applicable |
| Variable$10,000 - $49,999 | — | — | $10,000–$49,999 | 1.55% | — | paid every 3 mo; Not applicable |
| Variable$250,000 plus | — | — | $250,000+ | 2.20% | — | paid every 3 mo; Not applicable |
| Variable$50,000 - $249,999 | — | — | $50,000–$249,999 | 2.05% | — | paid every 3 mo; Not applicable |
§ 02 — Fees · 7
| Fee | Type | Amount | When | Notes |
|---|---|---|---|---|
| Overdrawn Fee | Event | No fee | — | — |
| Monthly Account Fees | Periodic | No fee | Every 1 mo | — |
| Monthly Card Fee | Periodic | $10 | Every 1 mo | if platinum debit card is linked |
| ATM cash withdrawal fee (Overseas) | Transaction | $5 | — | — |
| Balance enquiry (Overseas ATM) | Transaction | $1 | — | Section 2 - Service Fees Account Related Services Overseas access |
| International transaction multi currency | Transaction | 3.50% of transaction | — | Yes, if a standard visa debit card is linked If a platinum visa debit card is linked - fee is charged for ATM cash withdrawals only |
| International transaction single currency | Transaction | 3.50% of transaction | — | Yes, if a standard visa debit card is linked If a platinum visa debit card is linked - fee is charged for ATM cash withdrawals only |
§ 03 — Features
Instant paymentsPayIDDigital bankingFraud protectionUnlimited transactionsApple PayGoogle PaySamsung PayGarmin PayIf a NAB Visa Debit card is linked, purchase protection insurance is available. If a NAB Platinum Visa Debit card is linked, complimentary insurance is available.
§ 04 — Eligibility & limits
- · Minimum age 55
- · Available to individuals
- · To be over 55 and retired, or receiving a Government pension or allowance
§ 05 — Compare
§ 06 — Run the numbers
Put this product through a calculator
Published by NATIONAL AUSTRALIA BANK under the Consumer Data Right, last changed by them on 15 May 2026. Figures are shown as the institution publishes them and can change without notice; confirm on their site before applying. The Finance Algorithm earns nothing from any product listed here.