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National Australia Bank

  Financial Services in Australia

National Australia Bank overall Effort Score: 59 National Australia Bank vs 57 National Australia Bank last quarter
Sector Effort Score benchmark: 56 National Australia Bank vs 55 National Australia Bank last quarter

Following score increases in all four pillars, resulting in a +2 point jump in its Overall Effort Score to 59, National Australia Bank has moved from 5th position to 4th in Australian Banking Services.

The bank’s biggest scores came from three pillars: Style of Communication, Speed of Resolving Problems and Valuing the Customer, each increasing by +2 points each.

Style of Communication’s score increase can be attributed to a boost in both sections the pillar is ranked on. For instance, 50% ranked the politeness of the bank’s customer service agents as ‘excellent’, a 1ppt increase. Moreover, 2% more of its customers rated ‘excellent’ for the bank’s ability to communicate with them in their chosen language.

Elsewhere, the +1 point increase in Knowledge & Expertise is because 46% of the bank’s customers rated the expertise of its customer service agent as ‘excellent’ (a 3ppt jump).

In wider news, National Australia Bank built a ‘customer brain’ through the implementation of its Pega’s Customer Decision Hub, which brings together swathes of customer data from multiple sources. The aim of it is to give customers what they need, when it’s needed. This is exactly the kind of the innovation needed to drive CEI scores in future waves. 

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Customer Effort in detail

Style of Communication 65 vs 63 last quarter

50% say the politeness of their customer service agents is 'excellent'

47% rate the ability to communicate with them in their chosen language (other than English) as ‘excellent’

Knowledge and Expertise 61 vs 60 last quarter

46% rate the expertise of the customer service agent as 'excellent'

46% say the way details were clearly explained to them was 'excellent'

48% rate how well the customer service agent understood their particular problem or question as 'excellent'

Understanding & Valuing the Customer 59 vs 57 last quarter

43% rate this brand as 'excellent' for how they made them feel valued/important as a customer

46% say the way they understood their needs was 'excellent'

56% say they were 'very satisfied' with the outcome of their communication or contact

Speed Solving the Problem 55 vs 53 last quarter

41% rate how they were not left ‘on-hold’ or in a call queuing system for a long time as 'excellent'

45% rate how they were able to speak to a customer service agent that can help them with their query as 'excellent'

45% say they made it ‘very easy’ to achieve what they set out to do

ContactEngine sponsors the Customer Effort Index

ContactEngine believes that a great customer experience is an effortless one, where life is made as easy as possible for the customer. ContactEngine commissioned the Customer Effort Index to measure how real people perceive the effort it takes to be a customer of some of the leading brands in the world. By enabling a comparison of effort not only within an industry, but across industries, we can identify and learn from the brands who lead on making it easy for their customers to do business with them.