NAB iSaver Savings Account

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Open a NAB iSaver on or before 13 April 2010 and you’ll receive a fixed bonus interest rate of 1.65% p.a. for 4 months, on top of the standard variable interest rate, currently 3.75% p.a

NAB iSaver Savings Account – Key Features

• High 5.40% intro rate for 4 months, then 3.75%p.a.variable ongoing
• No matter what the balance is you earn this high rate, and there’s no “limited time only” conditions. Interest is calculated daily and paid monthly.
• Open an account with as little as $1
• Pay no transaction or account keeping fees
• Grow your savings with every dollar – with no account or transaction fees. Fees may apply on your linked transaction account
• Make unlimited deposits and withdrawals
• Get instant access to your funds 24/7 without the temptation of ATM access
• By transferring your funds into an eligible NAB everyday banking account using NAB Internet Banking or NAB Telephone Banking you can transact in all the usual ways
• Apply for the NAB iSaver account now

Savings Tips from High-Interest-Saving-Account.com.au

Saving Accounts offer a effective low risk investment - Learn to get the most from them

Savings Targets – Make short and long term savings targets. Think about what you want to save for such as a holiday or a car and then set a monthly goal of how much you need to save each month.

Regular Payments - Making regular payments means your money is earning interest faster. Don’t wait to put money into savings, try to avoid any large sums of money sitting around in non-interest earning accounts for long. Most high interest savings accounts calculate interest daily so each day counts.

Reduce Fees – Look for savings accounts with low or no fees. Lets say you had $5,000 in your savings account earning 7.0% interest. That works out at just over $29 earned in interest per month. If you were charged $10 for the account your real interest rate would be around 5%.