NAB Classic Banking

transaction accountlinked accountstale

Classic Banking is a transaction account from NAB. It pays 0.00% p.a. with no bonus conditions.

Not ranked: a transaction (everyday) account, not a savings account.

Rate tiers

Every balance band in the bank's feed: base is the rate the bank pays.

One rate on every balance, with no upper limit.

Conditions

• not updated by the bank since 2026-01-06, before the Reserve Bank's cash rate rise of 4 November 2026; check its page, as the rate may have changed

Features

card

NAB Visa Debit Card; NAB Platinum Visa Debit Card

app

yes

Osko

yes

PayID

yes

BPAY

yes

transactions

unlimited

wallets

Apple Pay, Garmin Pay, Google Pay, Samsung Pay

Fees, limits and who can open it

monthly fee

$0

other fees named

International transaction single currency, International transaction multi currency (no amount in the feed)

interest paid

quarterly

open to

personal customers

linked account

a linked or nominated transaction account is required

Who can open it, in the bank's own words:

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

About this account

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

Data

• NAB's own page for this account.
• The bank's documents its product record links to: terms and conditions, fees, eligibility.
• Our verbatim snapshot of the bank's product record (source), as fetched on 22 October 2026.
• /au/finance/savings-accounts/v1/brands/national-australia-bank.json: this bank's accounts and every balance band as JSON; NAB's page lists them.
• The bank last updated this record on 6 January 2026. Rates are per annum as the bank states them; "stale" means the bank has not updated the record for over 60 days or since the latest cash rate change.

Other accounts at NAB

• Business Cash Maximiserstale savings account, 1.50% base at $50,000
• iSaverstale savings account, 1.85% base at $50,000
• Retirement Accountstale savings account, 1.43% base at $50,000
• Reward Saverstale savings account, 5.25% conditional at $50,000
• Cash Managerstale cash management account, 0.50% base at $50,000
• Business Everyday Account ($0 Monthly Fee Option)stale transaction account
• Business Everyday Account ($10 Monthly Fee Option)stale transaction account
• Business Interest Accountstale transaction account, 1.00% base at $50,000
• Community Fee Saverstale transaction account
• Queensland Project Trust Accountsstale transaction account

All of NAB's accounts on its page, with its best rates per segment and rate kind, and every account at every bank.