New data reveals Australians are changing their holiday plans during the cost-of-living crisis, saving them at least $300 per month. NAB’s consumer sentiment survey of more than 2000 Australians found one in three people were reporting high stress as a result of the cost of living during the first quarter of 2024. As a result, … Read more
Diners club cards will soon cease to exist as NAB announces the death of the card that was once the world’s first multipurpose charge card. NAB will be closing Diners Club cards in Australia, less than two years after it bought the brand from US owned Citigroup. “As of 15 April 2024, Diners Club will … Read more
A NSW man’s insistence that he verify a caller’s claims led the would-be scammer to drop their act in frustration. Ray received a call from a man claiming to be from NAB Bank, telling him there had been an attempted transaction on his account in New Zealand. WATCH THE VIDEO ABOVE: Would-be bank scammer swears … Read more
The regional banking crisis is having unexpected consequences, with a Coles in Western Australia now having to pause cash-out in its store due to excessive demand. The Coles in Kununurra has experienced an increase in demand for in-store cash-out services following the closure of some bank branches in town. Coles says this is a temporary … Read more
NAB is set to continue closing down its branches across the country, with 13 on the chopping block this year. The branch said the decision was “difficult” but that it was made due to changing customer banking habits. “With more customers choosing to bank online, over the phone, or by video, and because fewer customers … Read more
A Tasmanian couple has been saved from an online investment scam by their bank teller, who refused to allow the couple to transfer $40,000 from their account. The request immediately set off alarm bells for Erin Bugg, a customer adviser at NAB Bank. The couple told her they had tried to transfer $40,000 — the … Read more
National Australia Bank says it will be blocking transactions to some cryptocurrency exchanges as part of its strategy to reduce financial crime. A NAB spokesperson said it would not comment on how it deemed what exchanges were “high-risk”. But they said the blocks were introduced “where we identify a high proportion of payments going towards … Read more
