The Finance Algorithm
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NAB Classic Banking

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

Savings & transaction accountsBank updated 7 Jan 2026
Apply at National Australia Bank ↗Product page ↗Fees and pricing ↗Terms ↗

At a glance

Base rate
0.00%
Monthly fee
$0
NAB Classic Banking card

Rates

Every rate NAB publishes for this account, 2 in all.

TypeApplies toTermBandRateComparisonConditions
PenaltyDefault interest---20.00%-Not applicable; Not applicable of repaymentType and loanPurpose
Variable---0.00%-paid every 3 mo; Not applicable

Fees

8 fees published, grouped by when they're charged.

While you hold it2

  • Monthly Account Fee
    No fee
  • Monthly Card Fee

    if platinum debit card active

    $10 a month

When you make a transaction5

  • ATM cash withdrawal fee (Overseas)

    Section 2 - Service Fees Account Related Services Overseas access

    $5
  • Balance enquiry (Overseas ATM)

    Section 2 - Service Fees Account Related Services Overseas access

    $1
  • International transaction multi currency

    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

    3.50% of transaction
  • International transaction single currency

    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

    3.50% of transaction
  • Transaction fee
    No fee

When particular things happen1

  • Overdrawn Fee
    No fee

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.

Eligibility and limits

  • Residency: A copy of your Visa or VEVO printout evidencing Visa entitlement and status required for all non-resident customers
  • Available to individuals

Published by National Australia Bank under the Consumer Data Right, last changed by them on 7 Jan 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.