NAB acquires Citibank Australia

[bernardblack]

I haven't received an email. I talked to NAB yesterday about another matter, and asked about this at the end and the agent knew nothing about it but said she was sure I would receive notice if it were to actually happen.

(Of course I have less faith in bank employees than to treat that as authoritative.)

Yeah, I got the email yesterday.

 

[serfty]

You can do it via messaging in the app/internet banking - How to close a personal bank account online

Yep, that's how I shut mine.

 

[anat0l]

Was just reading some of the changes

From 5 November 2025, the debit interest rate (which is charged if your account becomes overdrawn*) will change from 0.00% to 20.00% p.a
From 5 November 2025, overseas access fees (as outlined below) will no longer be waived for NAB Classic Banking accounts opened as part of the migration from Citi to NAB

• ATM cash withdrawal – $5 per withdrawal
• Balance enquiry – $1 per enquiry
• International transaction fee – 3.5% of the Australian dollar amount charged when an international transaction is posted (completed) to your account

Welp, party is over. Time to consider the next card.

I know people keep talking about them (e.g. Wise, etc.); just need to find all those names again.

 

[Skyhawk]

They caught up with me finally. NAB is disappointing.

 

[LondonAussie]

Welp, party is over. Time to consider the next card.

I know people keep talking about them (e.g. Wise, etc.); just need to find all those names again.

The alternatives used to be Bankwest and Macquarie, but there should be other options too.

I use Wise for bank transfers or converting currency in advance, but their on the spot conversions for smaller amounts (ie for everyday purchases and withdrawals) don't seem to be as good as the Mastercard/Visa rates (assuming you have another fee-free card that uses these rates).

 

[oz_mark]

Welp, party is over. Time to consider the next card.

I know people keep talking about them (e.g. Wise, etc.); just need to find all those names again.

ING are also unwinding the requirements and hoops soon.

From 15 October 2025, ING will no longer charge an international ATM withdrawal fee on the Orange Everyday.
The existing International ATM Withdrawal Fee Rebate offer will continue to apply up until 14 October 2025 for customers that met the eligibility criteria in the previous month.


From 15 October 2025, ING will no longer charge international transaction fees on the Orange Everyday.
The existing International Transaction Fee Rebate offer will continue to apply up until 14 October 2025 for customers that met the eligibility criteria in the previous month.

 

[Be.au]

ING are also unwinding the requirements and hoops soon.

From 15 October 2025, ING will no longer charge an international ATM withdrawal fee on the Orange Everyday.
The existing International ATM Withdrawal Fee Rebate offer will continue to apply up until 14 October 2025 for customers that met the eligibility criteria in the previous month.


From 15 October 2025, ING will no longer charge international transaction fees on the Orange Everyday.
The existing International Transaction Fee Rebate offer will continue to apply up until 14 October 2025 for customers that met the eligibility criteria in the previous month.

However ING is also removing the domestic ATM rebate - so I think that leaves Macquarie as the only card issuer who will cover you withdrawing cash at any ATM in Australia.

 

[Chicken]

I know people keep talking about them (e.g. Wise, etc.); just need to find all those names again.

See AFF article: Best Australian debit cards for overseas cash withdrawals