How does the NAB Private Portfolio Package work?
As a NAB Private Wealth client, you have exclusive access to our NAB Private Portfolio Package. This provides you with the ability to build a portfolio of investment properties from a single line of credit, all managed under one facility – the NAB Private Portfolio facility.
This unique package equips you with the flexibility to manage your property investments your way. It allows you to separate your single line of credit up to 18 times into different sub-accounts and leverage different variable and fixed rate structures from within our suite of eligible home loans.
You can even combine your NAB Private Portfolio Package with other select NAB deposit, lending and insurance products for exclusive discounts and savings.
Benefits
The features of the NAB Private Portfolio Package put you in control of your borrowings with easy and convenient access to your money when you need it.
Convenience and value
Enjoy the simplicity of one facility and limit for an annual package fee of $550. There are no application or monthly service fees.
All your borrowings in one place
A single lending limit for all your home and investment loans and no need to re-apply to access credit (unless you need to increase your credit limit).
Manage your money your way
Organise your borrowings to suit your needs and objectives, with up to 18 home loan sub accounts and a choice of fixed or variable rates.
Unlock your equity
Use the equity in your property to borrow up to 80% of a property’s value so you can start on your next investment sooner. Just remember that Lenders’ Mortgage Insurance applies if you borrow over 80% of the property value.
Access money when you need it
Easily withdraw money up to your approved credit limit (provided the account doesn't have a fixed rate) using ATMs and internet banking.
Control from your pocket
Stay on top of your home loan through the NAB app, where you can track your home loan progress and estimate your property equity.
Get the flexibility you need with our lines of credit
Access credit for specific purposes with one of our flexible lines of credit. The variable rates for our portfolio facility will depend on the loan amount.
For more information on rates, talk to one of our private bankers.
| Loan amount | Interest rate |
|---|---|
| Between $250,000 and $499,999 | 9.28% p.a. |
| Between $500,000 and $999,999 | 9.18% p.a. |
| $1,000,000 and above | 9.08% p.a. |
Annual credit card fee waiver
Enjoy no annual credit card fees on up to two eligible NAB credit card accounts that you include in your package. Eligible cards are any NAB personal credit card (except for the NAB Low-Rate Premium Card and the NAB StraightUp Card). Please note that if you’re a company or the card is a business credit card, this offer is not available to include in your package.
Margin loan rate discount
Include a NAB Margin Loan in your package and you’ll receive a discount of 0.20% off the advertised National Margin Lending indicator rates (variable and fixed). Please note that this benefit is not available with any other margin lending special offer or discount. The discount on a fixed rate margin lending facility is not available for a fixed rate period beginning before the facility is included in the package.
Transaction fees waivers
There are no NAB fees when you access a NAB Portfolio Facility sub account through an ATM in Australia. Other ATM owners within Australia may directly charge at the time of the transaction when you use a non-NAB ATM. In addition, there are no NAB transaction fees if you access your NAB Portfolio Facility sub accounts through overseas ATMs (but overseas operators may charge you to use their ATMs). *
Home insurance
Get up to 10% off the standard premium of eligible policies when you renew an existing policy or apply for a new one. * All you have to do is tell us at the time of applying that you have a NAB Private Portfolio Package. Eligible policies include:
Car Insurance
Get up to 10% off the standard premium when you renew an existing or apply for a new NAB Car Insurance policy. * All you have to do is tell us at the time of applying that you have a NAB Private Portfolio Package.
Am I eligible to apply?
To be eligible, you must be a Private Wealth client and be approved for a NAB Private Portfolio Facility. You can then ask us to include the product or service with the benefit in your package. This can be done at the time of application or afterwards (provided there is no exception set out below to adding an existing product or service to your package).
Please note this offer is not applicable for foreign applicants or applicants living overseas.
To further explore this package, you can contact your private banker or request a call back from us to discuss.
Investment solutions
We’re for investors who want to do it their way. Whether you like to make all your own decisions, need a little more support along the way or have an adviser but still want to do some independent investing as well, we can support your unique needs.
Visit your nearest wealth centre
Find a NAB Private Wealth Management Centre or specialist near you. Please note visits are by appointment only.
Sign up for Private View
Read about the latest wealth trends, stories and insights through our monthly email newsletter – Private View.
Terms and Conditions
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Fees and charges are payable. Terms and conditions apply and are available on request from NAB. Our credit products are subject to normal lending criteria.
The information on this website is general in nature and based on information available at the time of publishing, information which we believe is correct and any forecasts, conclusions or opinions are reasonably held or made as at the time of publishing. The information does not constitute financial product or investment advice. Past performance is not necessarily indicative of future results. No warranty is made as to its accuracy, reliability or completeness. To the extent permitted by law, neither National Australia Bank Limited ABN 12 004 044 937, Australian Credit Licence and AFSL No. 230686 or any of its related entities accept liability to any person for loss or damage arising from the use of this information.
You should consider the relevant Product Disclosure Statement and Financial Services Guide (available on request) before deciding whether to acquire, or to continue to hold, any of our products. Target Market Determinations for these products are available at nab.com.au/TMD and jbwere.com.au/other/resources, opens in new window. Fees and charges are payable. Terms and conditions apply and are available on request from NAB. Our credit products are subject to eligibility and lending criteria.
NAB Private Portfolio Package will not be available to applicants who reside overseas (regardless of citizenship) and/or for applicants who require Foreign Investment Review Board (FIRB) approval to purchase residential property purchase in Australia.
®BPAY is a registered trademark of BPAY Pty Ltd ABN 69 079 137 518.
Insurance
Allianz Australia Insurance Limited (ABN 15 000 122 850 AFSL 234708) (Allianz) is the insurer and issuer of this insurance. Allianz has entered into a distribution arrangement with National Australia Bank Limited (ABN 12 004 044 937 AFSL 230686) (NAB). Under this arrangement, NAB is authorised to arrange for the issue of this insurance by Allianz as Allianz's agent. All other services provided by NAB in relation to this insurance are not provided on behalf of Allianz.
NAB is paid commission if Allianz issues you with this insurance (including renewals and variations) and may be entitled to a profit share or marketing allowance if certain thresholds are met in agreed periods regarding this and other types of insurance policies entered into under NAB’s arrangement with Allianz. Details are provided in the NAB Financial Services Guide, available in branch, or by calling 13 29 28 or at nab.com.au/fsg.
Neither NAB, nor any of its related bodies corporate, accepts liability or guarantees payment of any claim or benefit in respect of this insurance. A policy does not represent a deposit with, or a liability of, nor is guaranteed by either NAB or any of its related bodies corporate.
Any advice contained is general only and does not take into account your particular objectives, financial situation or needs. You should consider whether the advice is appropriate for your objectives, financial situation or needs and consult the Policy Document and Product Disclosure Statement (PDS) available in branch, by calling 13 29 28 or at nab.com.au/insurance.
For the standard terms, conditions and exclusions about our insurance, please refer to the Product Disclosure Statement (PDS) and any supplementary PDS (if applicable). Target Market Determinations for these products are available at nab.com.au/TMD.
The information on this page about the insurance coverage is a summary only and you should refer to the PDS and the Policy Wording for full terms, conditions, limits and exclusions that apply. Insurance is subject to eligibility criteria.
Target Market Determinations for these products are available at nab.com.au/TMD.
If you apply for a policy with NAB, or by calling 13 29 28, and tell us at the time of applying that you have a NAB Private Portfolio Package, you are eligible for a discount of up to 10% off the standard premium when you renew an existing, or apply for a new, eligible policy for NAB Home and Contents Insurance, NAB Landlord Insurance, or NAB Car Insurance. These discounts are not available in conjunction with any other payment discount offers applicable to these policies.
Minimum premiums may apply. If you are eligible for more than one discount, Allianz applies them in a predetermined order. This means any subsequent discount will be applied to the reduced premium amount after applying any prior discounts and the effect of the subsequent discount will be reduced. For example, the aggregate effect of applying two 10% discounts consecutively means that you will not see the full benefit of both these discounts.
Discounts do not apply to taxes or government charges.
Discounts do not apply to optional covers for Domestic Workers Compensation / Landlord Workers Compensation, and may not apply to other optional covers (if available and selected).
Any discounts/entitlements may be subject to rounding and may only apply to the extent that any minimum premium is not reached.