Forget feesNo monthly fees or international card payment charges
Great interest ratesEarn interest up to 5.00% p.a. on up to 10 Save accounts
Government guaranteedDeposits guaranteed up to $250k per customer1
Designed to help them out, not catch them out
And they can pay any way they like
It's their money after all. They can use their Visa Debit card — or leave their wallet at home and pay with their mobile or watch.
How to open Spend and Save accounts
If your clients don’t already have a Spend account, we’ll prompt them to download our app and open one
during the application process.
All home loan customers must have a Spend account with automatic repayments set up from it, and the annual fee will also be debited from this account.
Offset (available on Own Variable rate loans)
Offset accounts must be in the same name, or one of the names, as the loan account.
If your client has a fixed rate loan, they’ll need to contact us when their loan changes to variable rate to set up an offset — it won’t happen automatically.
Everyday banking without the fees
We don't charge you for everyday use of your Spend account.
Our deposits are guaranteed up to $250,000 per customer under the NAB banking licence by the Australian Government’s Financial Claims Scheme>.