---
title: "Best Buddies Account — Arab Bank Australia Limited"
description: "Transaction & Savings Accounts from Arab Bank Australia Limited. Rates, fees, features and eligibility as published under Australia's Consumer Data Right."
canonical: https://www.cdrcompare.au/brands/arab-bank-australia-limited/products/BBA01
source: "CDR Compare"
language: en-AU
last_updated: 2026-08-19T22:46:29.272106Z
---

# Best Buddies Account — Arab Bank Australia Limited

> Transaction & Savings Accounts from Arab Bank Australia Limited. Rates, fees, features and eligibility as published by the provider under Australia's Consumer Data Right, compared on CDR Compare.

**Transaction & Savings Accounts · Arab Bank Australia Ltd Prod**

Best Buddies Account is a savings account exclusively designed for children under the age of 18.

(Please note this product is no longer for sale.)

## At a glance

- **Base rate:** 0.01%

## Deposit rates

| Type | Rate | Applies to | Interest paid |
| --- | --- | --- | --- |
| Variable | 0.01% | AMOUNT $0–$9,999 | monthly |
| Variable | 0.01% | AMOUNT $100,000+ | monthly |
| Variable | 0.01% | AMOUNT $50,000–$99,999 | monthly |
| Variable | 0.01% | AMOUNT $10,000–$49,999 | monthly |

## Features

- **No account keeping fee or transaction fees on the account.**
- **Attractive rate of interest for balances from $1**
- **Convenient access to your money via any Arab Bank Australia branches.**
- **To complement this account, the Bank has developed the ‘Best Buddies Account’ School Banking Program where the account can be set up with a deposit of $5, a gift from the Bank to help kids get their savings started.**

## Eligibility

- **Available for children under the age of 18 years.**

## Data provenance

- Published by Arab Bank Australia Limited under the Consumer Data Right
- Product ID: `BBA01`
- Last updated by the provider: 19 August 2026
- Source payload (JSON): https://www.cdrcompare.au/api/raw/arab-bank-australia-limited/BBA01
- Provider page: https://www.cdrcompare.au/brands/arab-bank-australia-limited
- CDR register entry: https://www.cdr.gov.au/find-a-provider?provider=000353

---

Source: [CDR Compare](https://www.cdrcompare.au/brands/arab-bank-australia-limited/products/BBA01) — product data published by Australian data holders under the Consumer Data Right. Not financial advice; no rankings, recommendations or affiliate relationships. Always confirm details with the provider.

Site map: [all providers](https://www.cdrcompare.au/) · [how this works](https://www.cdrcompare.au/about) · [agent guide](https://www.cdrcompare.au/agents.md) · [llms.txt](https://www.cdrcompare.au/llms.txt) · [sitemap.xml](https://www.cdrcompare.au/sitemap.xml)