nab term deposits provide you with a secure investment and the comfort of a fixed return. nab term deposits require an opening deposit of $1000. You can choose the frequency of when you would like your interest to be paid: monthly, quarterly, half yearly, or annually. nab has also introduced a “trade up” feature for their term deposits, allowing you to benefit from an interest hike if a rate rise occurs during your savings term.
Compare term deposit products by highest rate.