Savings account
NAB Reward Saver
5.25%p.a. total
0.01% base + 5.24% bonus when the conditions are met
49th of 151 savings accounts · market average 4.37%
The RBA raised the cash rate to 4.60% on 30 September. NAB Reward Saver moved on 9 October, 9 days later.
What the bonus asks
2 things each month- Each month
- A deposit
- No withdrawals
- A month without them
Pays the 0.01% base rate on the whole balance.
- Who can open it
Anyone
- Balance
No balance cap.
Rate history
Last change 9 Oct- NAB Reward Saver
- RBA cash rate
- Market average
October 20261 change
- 9Fri
- 5.00 → 5.25Bonus rate 4.99% → 5.24% · 9 days after the RBA rise to 4.60%+0.25
May 20261 change
- 16Sat
- 4.65 → 5.00Bonus rate 4.64% → 4.99% · 10 days after the RBA rise to 4.35%+0.35
March 20261 change
- 28Sat
- 4.40 → 4.65Bonus rate 4.39% → 4.64% · 10 days after the RBA rise to 4.10%+0.25
- #27FebFeb 2026: ranked 27 of 42
- #35MarMar 2026: ranked 35 of 64
- #46AprApr 2026: ranked 46 of 76
- #33MayMay 2026: ranked 33 of 79
- #40JunJune 2026: ranked 40 of 79
- #41JulJuly 2026: ranked 41 of 80
- #41AugAug 2026: ranked 41 of 80
- #52SepSep 2026: ranked 52 of 120
- #48OctOct 2026: ranked 48 of 150
- #49NowNov 2026: ranked 49 of 151
- Top 5%
- Top 10%
- Top 25%
- Top half
- Lower half
Mostly outside the top half of accounts over the last 10 months: from #48 of 150 in Oct 2026 to #27 of 42 in Feb 2026.
- A year meeting the conditions
- $2,625
- A year without meeting the conditions
- $5
- Against the average (4.37%)
- +$441
On a $50,000 balance. Type yours above; it's kept with your savings preferences.
Notes from savers
to leave a note.
Often compared with: NAB iSaver
Other NAB accounts: NAB iSaver 1.85%
Pays 5.25% p.a. total (0.01% base plus 5.24% bonus) as of 1 November 2026. Ranks 49th of 151 savings accounts tracked by BankMate, 0.88 points above the average of 4.37%. The rate last rose on 9 October 2026, 9 days after the RBA raised the cash rate to 4.60%. From NAB's Consumer Data Right feed, refreshed nightly. Compare savings accounts ·