Arab Bank Australia Ltd Prod
Statement (Student) Account
A low fee transactional account, with no monthly account keeping fee, for eligible students.
Savings & transaction accountsBank updated 20 Aug 2026
At a glance
- Base rate
- 0.25%
§ 01 — Rates · 5
| Type | Applies to | Term | Band | Rate | Comparison | Conditions |
|---|---|---|---|---|---|---|
| Variable | — | — | up to $1,999 | 0.25% | — | paid every 1 mo |
| Variable | — | — | $10,000–$49,999 | 0.35% | — | paid every 1 mo |
| Variable | — | — | $100,000+ | 0.35% | — | paid every 1 mo |
| Variable | — | — | $2,000–$9,999 | 0.25% | — | paid every 1 mo |
| Variable | — | — | $50,000–$99,999 | 0.35% | — | paid every 1 mo |
§ 02 — Fees · 2
| Fee | Type | Amount | When | Notes |
|---|---|---|---|---|
| Eftpos Fee | Purchase | $0.60 | — | Up to 45 free transactions per month (maximum of 5 free Over the Counter transactions and 40 free EFTPOS transactions per month) |
| Over the Counter Fee | Transaction | $2 | — | Up to 45 free transactions per month (maximum of 5 free Over the Counter transactions and 40 free EFTPOS transactions per month) |
§ 03 — Features
Digital banking
- · No monthly account keeping fee
§ 04 — Eligibility & limits
- · Opening balance $1
- · The Student Account is available to school children 12 and over and tertiary students who are studying full time Only available for private or domestic use and cannot be used for business purpose…
§ 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.