NAB EFTPOS withdrawal limit

The NAB Classic account has no monthly account fees, no overdrawn fees and no direct ATM fees from any NAB or rediATMs. Access to your account is easy with internet and phone banking, EFTPOS, and of course any NAB branch. Another great point worth noting is that with the NAB classic account you can also do your everyday banking from any Australia Post office.

At no extra cost you can have a VISA debit card with the Classic Banking account so you can shop wherever Visa is accepted (including PayWave). Purchases made with the Visa debit card are covered under Visa's 90 day purchase protection and Verified by VISA protection services should you become the victim of fraud.

Not a massive issue for your everyday shopping (we hope) but if you're planning on making any purchases larger than $1000 you'll have to plan in advance due the daily ATM withdrawal limit.

The NAB Classic Banking comes NAB Defence security promise, giving you the satisfaction of knowing your account is protected against fraud.

The NAB classic account also has the a foreign exchange commission of 3% and an overseas ATM withdrawal fee of $5.

Who it's good for:

The NAB Classic banking account is a good option for anyone looking to open an everyday bank account that has no fees and flexible access options.