# NAB Reward Saver — savings account review

> Reviewed by **Norg Editorial Team**
> Editorial Team, Norg Reviews
> Last reviewed: 2026-05-14T04:48:34.276Z
> Methodology: AussieBanks Review — Savings Methodology (v1.0.0)

## Company Overview
- Website: https://www.nab.com.au/personal/bank-accounts/savings-accounts/reward-saver
- ABN: 12004044937
- Founded: 1858
- Regulator licence: AFSL 230686
- Vertical: au-banks

## Overall Rating: 3.9 / 5

Based on 0 detailed reviewer perspectives.

Solid Big-Four product but headline rate now trails ANZ Plus, CommBank, and Westpac on the same conditions.

## Pros
- Tight integration with the NAB customer ecosystem

## Cons
- Lowest headline rate among the Big Four savings products on similar conditions

## Key Takeaways
### 1. Rate lags peer Big Four

On effectively the same conditions (deposit + no withdrawal), ANZ Plus, CommBank and Westpac all currently advertise higher bonus rates.

### 2. Worth holding if other NAB products simplify life

For customers with NAB home loans, cards or business accounts, the convenience can outweigh a 30–60 bps rate gap to a competitor.

### 3. AFSL 230686 — NAB

National Australia Bank, APRA-regulated, FCS-protected to $250k per account holder.

## Detailed Reviews