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NAB Term Deposit Rates

National Australia Bank, with indicator rates published for its standard term deposit range. Rates last checked 2026-08-21.

Rates shown may include promotional offers and can change without notice — confirm the current rate on the provider's site before acting. How we source rates

Term Interest Rate (p.a.) Min. Deposit
12 months 5.25% — NAB's highest advertised standard term deposit rate $5,000

Source: NAB term deposit indicator rates

Notes on NAB's rates

Minimum opening balance $5,000, deposit range up to $1,999,999. NAB publishes the full 1 month - 5 year ladder on its indicator rates page; only the headline 12-month figure could be confirmed with confidence during our last review.

Interest Payment Options

NAB's interest payment options: Annually, monthly or quarterly (terms 12mo+). Interest paid at maturity typically offers the headline rate; opting for monthly or quarterly payments can reduce the effective rate slightly, since you're accessing your returns sooner.

How NAB Compares

Term deposit rates move independently between banks, so it's worth checking a few options before committing. See how NAB stacks up against other providers:

Or use our full comparison table to see every bank side by side, or the term deposit calculator to estimate your returns.