---
title: "Essentials Offset 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/ESSOFFSET01
source: "CDR Compare"
language: en-AU
last_updated: 2026-08-20T02:04:23.645274Z
---

# Essentials Offset 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**

Our Essentials Offset Account is available to customers looking to offset their loan with a convenient and accessible transaction account.

## Fees

| Fee | Type | Amount |
| --- | --- | --- |
| Monthly Account Keeping Fee — Charged monthly | Ongoing | $10.00 |

## Features

- **Card access** — Access funds at over 29 million outlets worldwide with a Visa Debit payWave Card.
- **Offset account**
- **Digital banking** (Funds available 24 hours a day, 7 days a week through internet banking, ATM and EFTPOS anywhere in Australia)

## Eligibility

- ** Successful completion of applicable Arab Bank Australia Limited (ABAL) identification 
check requirements.
 Minimum opening balance of $50.
 To be eligible and get the benefits from the offset arrangement:
- The Customer must hold an Essentials Home/Investment Loan in addition to 
the Essentials Offset Account.
- The Customer must request to link their Essentials Home/investment Loan and 
Essentials Offset Account in writing to ABAL.
- The Customer’s Essentials Offset Account must be in the same name as the 
- Customer’s Essentials Home/Investment Loan account.
- The Customer’s Essentials Offset Account must not currently be linked to any 
other loan held by the Customer with ABAL.
- The Customer’s Essential Home/Investment Loan must be regulated by the National Credit Code.**

## Constraints

- **Opening balance** — $50.00

## Data provenance

- Published by Arab Bank Australia Limited under the Consumer Data Right
- Product ID: `ESSOFFSET01`
- Last updated by the provider: 20 August 2026
- Source payload (JSON): https://www.cdrcompare.au/api/raw/arab-bank-australia-limited/ESSOFFSET01
- 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/ESSOFFSET01) — 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.

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