The Finance Algorithm
Arab Bank Australia Ltd Prod

Statement Account

An account with a convenient blend of access and convenience.

Savings & transaction accountsBank updated 20 Aug 2026
At a glance
Base rate
0.25%
§ 01 — Rates · 5
TypeApplies toTermBandRateComparisonConditions
Variable*Rates are subject to change without Notice. All rates available are for Australian Dollar Deposits Only. For a list of fees and Charges visit our website arabbank.com.au.up to $1,9990.25%paid every 1 mo
Variable*Rates are subject to change without Notice. All rates available are for Australian Dollar Deposits Only. For a list of fees and Charges visit our website arabbank.com.au.$10,000–$49,9990.35%paid every 1 mo
Variable*Rates are subject to change without Notice. All rates available are for Australian Dollar Deposits Only. For a list of fees and Charges visit our website arabbank.com.au.$100,000+0.35%paid every 1 mo
Variable*Rates are subject to change without Notice. All rates available are for Australian Dollar Deposits Only. For a list of fees and Charges visit our website arabbank.com.au.$2,000–$9,9990.25%paid every 1 mo
Variable*Rates are subject to change without Notice. All rates available are for Australian Dollar Deposits Only. For a list of fees and Charges visit our website arabbank.com.au.$50,000–$99,9990.35%paid every 1 mo
§ 02 — Fees · 2
FeeTypeAmountWhenNotes
Monthly Account Keeping FeeEvent$6Account keeping fee waived for those customers in receipt of a Government pension, and customers with student ID cards.
Over the Counter FeeTransaction$2It includes a maximum of 5 free Over the Counter transactions and unlimited free EFTPOS transactions per month. Over the Counter fee waived for those customers in receipt of a Government Concession c…
§ 03 — Features
Digital banking
  • · Available in other selected currencies.
  • · Statements are supplied quarterly.
  • · Interest is calculated daily & paid monthly.
  • · Interest paid on balances of $2,000 and over.
  • · Minimum opening deposit $1
§ 04 — Eligibility & limits
  • · Opening balance $1
  • ·  Any individuals, available only for private or domestic use and cannot be used for business purposes.  Minimum opening deposit AUD$1.  Successful completion of applicable Arab Bank Australia Limi…

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.