NAB Retirement Account
savings accountage limitedlinked accountstaleterms checked
Retirement Account is a savings account from NAB. At $50,000 it pays 1.43% p.a. with no bonus conditions.
Rate tiers
Every balance band in the bank's feed: base is the rate the bank pays.
| Balance | Base |
|---|---|
| $1 – $9,999stepped: paid on the part of the balance in this band | 0.15% |
| $10,000 – $49,999stepped: paid on the part of the balance in this band | 1.75% |
| $50,000 – $249,999stepped: paid on the part of the balance in this band | 2.25% |
| $250,000+stepped: paid on the part of the balance in this band | 2.40% |
The rates are stepped: each band's rate is paid on the part of the balance that falls in it, so a balance across several bands earns a blend of them.
The feed states a minimum balance of $1.
Conditions
- not updated by the bank since 2026-10-09, before the Reserve Bank's cash rate rise of 4 November 2026; check its page, as the rate may have changed
- individuals only, not joint applicants
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)
- minimum balance
- $1
- interest paid
- quarterly
- interest calculated
- daily
- age
- ages 55 and over
- open to
- personal customers
- age limited
- open only to people of certain ages (kids, youth or seniors accounts)
- linked account
- a linked or nominated transaction account is required
Who can open it, in the bank's own words:
- age 55 and over: To be over 55 and retired, or receiving a Government pension or allowance
- To be over 55 and retired, or receiving a Government pension or allowance
About this account
Get more from your money in retirement and enjoy easy access to your money while earning a competitive interest rate.
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.
- We read the bank's own page and terms against this page on 1 November 2026: nab-retirement-account, indicator-rates-deposit-products, nab-personal-transactions-savings-terms-and-conditions.pdf; conditions they state and its feed does not are listed above.
/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 9 October 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
- 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
- Classic Bankingstale transaction account, 0.00% 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.
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