lThe NAB Portfolio Facility is a flexible line of credit at competitive home loan rates.
Secured by your property, the facility allows you to organise your personal and investment borrowing, transactions and savings the way you want. As you reduce your existing debt, you'll be able to access available funds from your portfolio limit to invest in income generating assets without needing to reapply. Simple, logical financial control put firmly in your hands.
Product overview
Transaction fees
No transaction fees.
Annual fee
One annual fee to cover all your financial needs.
Establishment or monthly service fees
No establishment or monthly service fees.
Single line of credit
A single lending limit for all your borrowing, including home and investments. You do not have to reapply unless you wish to increase your credit limit.
Flexible sub-accounts
Using linked sub-accounts with 100% balance offset, you can organise your borrowing, transactions and savings to reduce existing debt whilst structuring your finances to meet your personal lifestyle goals or needs. Allows for up to 12 sub-accounts.
Competitive interest rate
Utilise the flexibility of a line of credit to borrow against your equity for investments and other purposes at home loan rates.
24-hour access to funds
24-hour access to your funds via all standard bank channels including ATM, phone banking and Internet banking.
One convenient portfolio
Manage non-trading company or family trust finances together with your personal finances in one portfolio.
Regular portfolio updates
Receive a regular summary of your portfolio position.
Offset
100% balance offset via multiple credit accounts available.
Ease of management and record keeping
Joint borrowers can set up sub-accounts in individual names, making it easy to keep records for taxation purposes. Restrictions apply if the 100% offset feature is used.
Fee exemptions
Non-NAB and overseas ATM fees.
Periodical Payment fees between any personal NAB accounts.
Certain fees and charges on your day-to-day banking transactions.
