NAB Retirement Account
Get more from your money in retirement and enjoy easy access to your money while earning a competitive interest rate.
- Base rate
- 2.2%
Interest Rates
| Type | Rate | Comparison | Applies To |
|---|---|---|---|
| Penalty Not applicable | 20% | — | — |
Deposit Rates
| Type | Rate | Applies To | Interest Paid |
|---|---|---|---|
| Variable $1 - $9,999 · Not applicable | 0.15% | $1 - $9,999 | every 3 months |
| Variable $10,000 - $49,999 · Not applicable | 1.55% | $10,000 - $49,999 | every 3 months |
| Variable $50,000 - $249,999 · Not applicable | 2.05% | $50,000 - $249,999 | every 3 months |
| Variable $250,000 plus · Not applicable | 2.2% | $250,000 plus | every 3 months |
Fees
| Fee | Type | Amount |
|---|---|---|
| Monthly Account Fees Charged monthly | Ongoing | $0.00 |
| Overdrawn Fee | Event | $0.00 |
| Monthly Card Fee Charged monthly · if platinum debit card is linked | Ongoing | $10.00 |
| International transaction single currency Yes, if a standard visa debit card is linked If a platinum visa debit card is linked - fee is charged for ATM cash withdrawals only | Transaction | 3.5% of transaction |
| International transaction multi currency Yes, if a standard visa debit card is linked If a platinum visa debit card is linked - fee is charged for ATM cash withdrawals only | Transaction | 3.5% of transaction |
| Balance enquiry (Overseas ATM) Section 2 - Service Fees Account Related Services Overseas access | Transaction | $1.00 |
| ATM cash withdrawal fee (Overseas) | Transaction |
Features
- Card access — NAB Visa Debit Card; NAB Platinum Visa Debit Card
- Real-time payments (NPP)
- PayID
- Digital wallet — Apple Pay
- Digital wallet — Google Pay
- Digital wallet — Samsung Pay
- Digital wallet — Garmin Pay
- Unlimited transactions
Eligibility
- Minimum age — 55 yearsTo 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
- Individuals only
More Information
Published by NATIONAL AUSTRALIA BANK under the Consumer Data Right · Last updated 15 May 2026 · Product ID 11662a88-dfad-489a-b1c0-d837ff49ea27 · View on CDR.gov.au