Arab Bank Australia Ltd Prod
Business Online Savings Account
An online savings account for businesses that provides a high rate of return and has the convenience of a regular transaction account online at your fingertips at any time.
Savings & transaction accountsBank updated 20 Aug 2026
At a glance
- Base rate
- 0.30%
§ 01 — Rates · 11
| Type | Applies to | Term | Band | Rate | Comparison | Conditions |
|---|---|---|---|---|---|---|
| Variable | — | — | up to $1,999 | 0.30% | — | paid every 1 mo |
| Variable | — | — | $10,000–$19,999 | 0.30% | — | paid every 1 mo |
| Variable | — | — | $100,000–$249,999 | 0.45% | — | paid every 1 mo |
| Variable | — | — | $1,000,000+ | 0.75% | — | paid every 1 mo |
| Variable | — | — | $2,000–$2,999 | 0.30% | — | paid every 1 mo |
| Variable | — | — | $20,000–$49,999 | 0.30% | — | paid every 1 mo |
| Variable | — | — | $250,000–$499,999 | 3.20% | — | paid every 1 mo |
| Variable | — | — | $3,000–$4,999 | 0.30% | — | paid every 1 mo |
| Variable | — | — | $5,000–$9,999 | 0.30% | — | paid every 1 mo |
| Variable | — | — | $50,000–$99,999 | 0.30% | — | paid every 1 mo |
| Variable | — | — | $500,000–$999,999 | 0.75% | — | paid every 1 mo |
§ 02 — Fees · 4
| Fee | Type | Amount | When | Notes |
|---|---|---|---|---|
| BPAY | Transaction | $0.50 | — | — |
| Direct Debit Fee | Transaction | $0.50 | — | — |
| EFTPOS FEE | Transaction | $1 | — | This fee is per transaction and applies to all transactions through terminals, internet and by telephone. |
| Over the Counter Fee | Transaction | $2.50 | — | The first transaction where an Over the Counter Fee is applicable will not incur a fee. Transactions thereafter will be charged at the rate above. |
§ 03 — Features
Digital banking
- · High rate of interest paid on balances as low as $1.
- · For the serious saver an online savings account is ideal for managing your money in one place knowing you have access to your money whenever you need it.
- · Interest calculated daily, and paid monthly.
- · Receive regular statements.
- · No monthly account keeping fees.
§ 04 — Eligibility & limits
- · Opening balance $1
- · For information on the eligibility criteria, please contact our Customer Service. Contact details are found on the following link:
§ 05 — Compare
§ 06 — Run the numbers
Put this product through a calculator
Published by Arab Bank Australia Limited under the Consumer Data Right, last changed by them on 20 Aug 2026. Figures are shown as the institution publishes them and can change without notice; confirm on their site before applying. The Finance Algorithm earns nothing from any product listed here.