Arab Bank Australia Ltd ProdBusiness 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.
At a glance
- Base rate
- 0.30%
How it compares
This account in ink, against the best that every other institution publishes for anyone to apply for. Each figure is counted the same way for all of them.
Each institution's best interest-paying business account, base plus any bonus. One dot per institution, at its highest business savings rate anyone can apply for; hover or tap a dot for its name.
| Rate | This account | Best anywhere | Typical institution | Where it sits |
|---|---|---|---|---|
| Business savings accountEach institution's best interest-paying business account, base plus any bonus | 0.30% | 5.40%Great Southern Bank Business+'s Business+ Saver | 0.55%of 34 institutions | 20th highest of 34 |
Rates
Every rate Arab Bank Australia Ltd Prod publishes for this account, 11 in all.
| 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 |
Fees
4 fees published, grouped by when they're charged.
When you make a transaction4
- BPAY$0.50
- Direct Debit Fee$0.50
- EFTPOS FEE
This fee is per transaction and applies to all transactions through terminals, internet and by telephone.
$1 - Over the Counter Fee
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.
$2.50
Features
- 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.
Eligibility and limits
- Opening balance $1
- For information on the eligibility criteria, please contact our Customer Service. Contact details are found on the following link:
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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.