Statement (Student) Account
A low fee transactional account, with no monthly account keeping fee, for eligible students.
At a glance
- Base rate
- 0.25%
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.
| Rate | This account | Best anywhere | Typical institution | Where it sits |
|---|---|---|---|---|
| No bonus conditionsPaid whatever you deposit or spend | 0.25% | 4.80%MoveBank's Online Saver | 2.25%of 61 institutions | 49th highest of 61 |
Rates
Every rate Arab Bank Australia Ltd Prod publishes for this account, 5 in all.
| 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 |
Fees
2 fees published, grouped by when they're charged.
When you make a transaction2
- Eftpos Fee
Up to 45 free transactions per month (maximum of 5 free Over the Counter transactions and 40 free EFTPOS transactions per month)
$0.60 - Over the Counter Fee
Up to 45 free transactions per month (maximum of 5 free Over the Counter transactions and 40 free EFTPOS transactions per month)
$2
Features
- No monthly account keeping fee
Eligibility and 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…
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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.