Important disclosure

National Australia Bank Limited

Classic Banking

Real Time Rating™

  • App banking
  • Online banking
  • Overseas ATM facilities
  • Visa debit card

special

No monthly account fees ever. NAB Classic Banking account. T&Cs apply.

2024 Award Winner

Maximum Interest rate

0.01%

RateCity says

“A classic bank account from one of Australia's biggest banks. Enjoy extensive ATM access and zero account keeping fees with this bank account.”

Real Time Rating™
Tags
  • App banking
  • Online banking
  • Overseas ATM facilities
  • Visa debit card
Maximum Interest rate

0.01%

Pros and cons

For Classic Banking

Benefits

  • $0 account keeping fee
  • Linked Visa debit card
  • App banking available
  • Apple Pay, Google Pay, Samsung Pay, Fitbit Pay, Garmin Pay available
  • 0.01% interest applies
  • Free transfer to international accounts
  • Send money using PayID
  • Winner of Best Bank Account, RateCity Gold Awards 2024

Drawbacks

  • $5 Overseas ATM Withdrawal Fee
  • $3 fees apply for overseas transactions
  • 3% fees apply for overseas transactions

NAB Rate Bank account overview

For Classic Banking

Features

Send money using PayID

Joint application available

Foreign Currency

Target Market Determination

Visit National Australia Bank Limited to view Target Market Determination.

Methods of Access

Internet Banking

ATM access

Phone Banking

EFTPOS Facility

Branch Access

Cheque services

App

App only

Fee Details

Min. deposit for fee free

N/A

ATM & EFTPOS Fees

ATM withdrawal fee

$0

Other bank ATM withdrawal fee

Daily ATM withdrawal limit

$2,000

EFTPOS Fee

$0

Overseas fees

Overseas ATM withdrawal fee

$5

Overseas eftpos fee

Foreign transaction fee

$3

Other transaction fees

Phone transaction fee

$0

Internet transaction fee

$0

Counter withdrawal fee

$0

Free counter transactions

Counter deposit fee

$0

Cheque fee

$5

Cheque dishonour fee

Electronic Wallet Service

Specials
  • Other No monthly account fees ever. NAB Classic Banking account. T&Cs apply.

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Everyday Options

Real Time Rating™
  • App banking
  • Online banking
  • Visa debit card

special

An easy, everyday banking account packed with flexible options to help you spend, budget & save better. $0 monthly account keeping fees & option to add up to 9 sub-accounts.
Account Keeping Fees
ATM Fee

$0

Over 3,000 rediATMs

Debit Card Type

Visa

Maximum Interest rate

0.01%

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Everyday Global Account

Real Time Rating™
  • App banking
  • Online banking
  • Visa debit card

2024 Award Winner

*Fees waived when deposit $0 null

Cashback

2% cashback (up to AUD 50/month) on eligible tap and pay. T&Cs apply.
Account Keeping Fees
ATM Fee

$0

Over 13,000 ATMs customers can use in Australia with no ATM fees

Debit Card Type

Visa

Maximum Interest rate

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All Purpose S10

Real Time Rating™
  • App banking
  • Online banking
  • Visa debit card
Account Keeping Fees
ATM Fee

$0

Over 3,000 Westpac Group ATMs

Debit Card Type

Visa

Maximum Interest rate

0.01%

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Carbon Insights Account

Real Time Rating™
  • App banking
  • Online banking
  • Visa debit card

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An online-only transaction account with carbon insights available through the Suncorp App. $0 monthly account keeping fees & option to add up to 9 sub-accounts.
Account Keeping Fees
ATM Fee

$0

Over 3,000 rediATMs

Debit Card Type

Visa

Maximum Interest rate

0.01%

FAQs

How do I transfer money from Paypal to my bank account?

Transferring cash from Paypal into your bank account is simple…if you have a Paypal account that is.

Once you’re logged into your Paypal account, the account balance will appear on your home page. Below your balance are two options:

  • Add money
  • Withdraw money

Choose option two if you want to transfer money from your Paypal account to your personal bank account.

The next screen will prompt you to either enter new bank account details or choose a bank account that’s connected to Paypal. You can always add more bank accounts to your Paypal profile.

Another way to transfer out of Paypal is by jumping to the wallet tab on the top menu, and clicking ‘transfer money’. Both options will give you the same result.