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If all Australian banks are covered under the Government Guarantee, why would I choose NAB over a lower tier bank that may provide a higher interest rate?

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If all Australian banks are covered under the Government Guarantee, why would I choose NAB over a lower tier bank that may provide a higher interest rate?

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NAB remains a AA rated Bank, and currently has the highest capital ratio of all the Australian banks. Primarily, NAB’s strength is through its relationship model with customers – we work closely with our customers to understand their full requirements, both personal and business. NAB customers have the advantage of our extensive local banking network across Australia, including local branches and specialist mobile bankers in your home as well as our advanced phone and internet services, making everyday banking smarter and simpler. NAB Private Wealth offers a range of wealth management and transactional services to high and ultrahigh- net-worth individuals. Our capabilities include wealth planning, estate planning, investment advisory, relationship banking, capital markets, risk management, asset servicing, cross-border solutions and trusts & philanthropy. From a business customer perspective, we are Australia’s largest and fastest growing business transactional bank, we offer an extens

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