This was posted 16 years 8 days ago, and might be an out-dated deal.

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National Bank isaver account Intro rate 6.25% for 4 Months

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National Bank isaver account Intro rate 6.25% for 4 Months
Go to Deal
[Deactivated] on 14/11/2008 - 06:18 nab.com.au (102 clicks)

Open a NAB iSaver before 20 November 2008 and for 4 months you'll receive the special introductory variable rate of 6.25%p.a. After this introductory period, you'll receive the standard NAB iSaver variable interest rate, currently 5.00%p.a.(Interest rate current as of 6 November 2008. Subject to change.)

ONLY catch is that you must link this to a regular NAB account - with fees that start from $4 per month

What you'll get
NAB iSaver is a high interest online savings account with:

High interest - no matter what your balance is
No bank fees - no transaction or account keeping fees
Interest calculated daily and paid monthly
No minimum or opening balance requirements - open your account with just $1
Unlimited deposits and withdrawals with no impact on the rate of interest you earn
Immediate access to your savings through a linked NAB everyday account
Once your savings are in your linked everyday account, you can transact in all the usual ways. .

Additional benefits include regular statements and optional online security with NAB Internet Banking SMS Authentication.

Financial Interest

Related Stores

National Australia Bank Group (NAB)
National Australia Bank Group (NAB)

closed Comments

  • dansor on 14/11/2008 - 09:26

    sorry, ozpete, but there are better options out there: http://infochoice.com.au/banking/savings-account/online-savi…. Also http://www.ozbargain.com.au/node/7559

  • [Deactivated] on 14/11/2008 - 09:55

    Dansor - you are right, BUT many of these are intro offers and if you have already an account with bankwest, ING AMP etc then the offers don't apply. So another alternative is offered for those interested - thats all. Agree for first timers to online banking its not as good as others

    • dansor on 14/11/2008 - 10:25

      the offer from OneDirect (owned by ANZ) is 7% p.a. and is not only for new customers. Also, Arab Bank, Railways Credit Union, Queensland Professional Credit Union and Elders Rural Bank have all standard interest rates which are higher atm than 6.25%.

  • jashjash on 14/11/2008 - 10:05

    Also I think nab has an account where if you transfer a certain amount a month (e.g. your salary) you don't pay account fees, so it's essentially free.

    So if you hook up an isaver to that, then that too is free.

    And with the interest rates going down and down, a guaranteed 6.25% for 4 months is not bad.

  • dansor on 14/11/2008 - 10:17

    "Interest rate current as of 6 November 2008. Subject to change."

    The NAB iSaver Introductory Rate is 1.25% p.a. above the NAB iSaver interest rate, so if they change their standard rate, you will get that +1.25% for those 4 months.

    For Bank of Queensland, for new customers, WebSavings Account (Intro Rate until 31/03/09) has an introductory rate of 1.65% p.a interest above the standard variable rate of 5.55% p.a. applicable until 31 March 2009 after which time the interest rate will revert back to the standard variable rate. but of course, this won't apply for old customers of Bank of Queensland.

    • [Deactivated] on 14/11/2008 - 13:43

      and those should be published here so others can take advantage of them rather than just here - so over to you to do that. Now we all gain.

  • Stuzi on 14/11/2008 - 13:11

    my comment had allready been stated previously

  • POWERevolution on 09/12/2008 - 17:39

    NAB iSaver is now 5.25% p.a
    Wondering who have the high interest savings atm coz I'm with RaboPlus & their rate drop to 5.75%.

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