How to avoid paying bank fees

There's two easy ways to avoid paying a monthly account service fee.

1. Arrange to have your salary, or any regular deposit, paid into your NAB smart everyday bank account.  Simply deposit:
   • At least $2,500 a month and you'll avoid the fee on NAB eBanking
   • At least $3,500 a month and you'll avoid the fee on NAB Classic Banking
   • At least $5,000 a month and you'll avoid the fee on NAB Gold Banking
   • At least $3,500 a month and you'll avoid the fee on NAB Clear Banking
     
     OR
2. Check if you are eligible for a fee waiver on NAB smart everyday accounts such as:
   • If you are a full-time tertiary student you'll get all the benefits of NAB Classic Banking, without a monthly account service fee
   • If you are under 18, you will also be eligible for NAB Classic Banking, without a monthly account service fee
   • Concession card holders are eligible for the NAB Concession Card account
   • People aged over 55 and retired, or receiving a Department of Social Security pension or allowance which is subject to deeming, are eligible for the NAB Retirement Account
     

Each regular deposit made into your account counts. So long as the overall total of incoming deposits is equal to or greater than the set monthly amount, we’ll waive the account service fee for that month.  

And, this amount can be reached by one deposit or many, as long as it adds up to the minimum per month shown above. It could be reached by having your salary plus any share dividends, investment or interest income credited to your account.

When you open your new NAB smart everyday account you’ll receive a Welcome Pack containing a Salary Transfer Request form to complete and pass to your employer.

Alternatively, at any time you can request that your employer change your banking details to pay your salary into your NAB account. Simply provide your employer with your BSB and Account Number.

Download Salary request transfer form - PDF to print out and complete before giving to your employer

For more information, read our FAQs or call us on  13 22 65, 8am to 8pm EST, Monday to Friday