Opening a new bank account online has never been easier. Below is an updated, streamlined guide to opening a NAB (National Australia Bank) account from the comfort of your home, based on the latest info directly from NAB.
Existing NAB Customer?
If you already bank with NAB, you can open a new savings or transaction account via the mobile app in just a few clicks:
- Log into the NAB app.
- Switch to Menu (or “More”).
- Select New account or tap Products → choose Transaction or Savings account.
- Pick your desired account (e.g. Classic Banking, Reward Saver, iSaver).
- Follow on‑screen prompts (choose card colour, linked savings options, etc.).
New to NAB? Open Online via Website or App
Non-customers can open an account online within five minutes:
- Go to the NAB website and click Get started next to the account of your choice (Classic Banking, iSaver, Reward Saver).
- Complete the online form: personal details, eligibility check (14+, Australian tax resident), ID verification (passport/driver’s licence/Medicare).
- Verify your identity electronically—have at least two forms of ID ready, especially if under 18.
- Choose account type, card options (e.g. Visa Debit or Platinum), and link savings accounts if desired.
- Submit application and receive confirmation—set up internet banking and await your Visa Debit card.
Opening a Joint Account
You can open a joint account online if:
- Both applicants are new to NAB, or
- Both are existing NAB customers, and you're not applying for a Retirement Account.
If only one party is a customer, you must apply in‑branch.
Eligibility & Account Features
- Must be 14 years or older
- Must be an Australian resident for tax purposes.
- No monthly fees for classic accounts; transaction & ATM access included on 4,000+ ATMs.
- Reward Saver: up to 4.35 % p.a. with monthly deposit/no withdrawals.
- iSaver: 4‑month introductory rate (~4.65 % p.a.) then base 1.50 % p.a.
Post‑Application Steps
- Once your digital application is processed, set up Internet Banking & NAB ID.
- NAB will mail your Visa Debit and PIN—activate it via the app or website.
- You can manage transactions, savings goals, and card settings directly in the app.
🗝 Summary
To open a new NAB account:
- Existing customer? Use the app → Menu → New account.
- New to NAB? Visit nab.com.au → choose account → verify ID → submit form.
- Joint account? Both need to be NAB customers, or apply in‑branch.
All in all, you can open most NAB accounts online in under five minutes—whether you're already with NAB or joining for the first time.
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