---
title: "Statement (Student) 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/STASTUDENT01
source: "CDR Compare"
language: en-AU
last_updated: 2026-08-20T02:06:42.722136Z
---

# Statement (Student) 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**

A low fee transactional account, with no monthly account keeping fee, for eligible students.

## At a glance

- **Base rate:** 0.35%

## Apply

Applications are handled by the provider: [Apply at Arab Bank Australia Limited](https://www.arabbank.com.au/personal/transaction-investment-accounts/student-account)

## Deposit rates

| Type | Rate | Applies to | Interest paid |
| --- | --- | --- | --- |
| Variable | 0.25% | AMOUNT $0–$1,999 | monthly |
| Variable | 0.35% | AMOUNT $10,000–$49,999 | monthly |
| Variable | 0.35% | AMOUNT $50,000–$99,999 | monthly |
| Variable | 0.25% | AMOUNT $2,000–$9,999 | monthly |
| Variable | 0.35% | AMOUNT $100,000+ | monthly |

## Fees

| Fee | Type | Amount |
| --- | --- | --- |
| 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) | Transaction | $2.00 |
| Eftpos Fee — Up to 45 free transactions per month (maximum of 5 free Over the Counter transactions and 40 free EFTPOS transactions per month) | Purchase | $0.60 |

## Features

- **Card access** — Access funds with a Visa Debit payWave Card
- **No monthly account keeping fee**
- **Digital banking** (Fee free Internet Banking transactions are all personal Internet Banking transfers between your linked accounts, Transfer to Anyone and bill payments via BPAY®.)
- **Free transactions** — 5 (A maximum of 5 free Over the Counter transactions and unlimited free EFTPOS transactions per month)

## Eligibility

- ** 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 purposes.
 Successful completion of applicable Arab Bank Australia Limited (ABAL) identification 
check requirements.
**

## Constraints

- **Opening balance** — $1.00

## More information from Arab Bank Australia Limited

- [Overview](https://www.arabbank.com.au/personal/transaction-investment-accounts/student-account)

## Data provenance

- Published by Arab Bank Australia Limited under the Consumer Data Right
- Product ID: `STASTUDENT01`
- Last updated by the provider: 20 August 2026
- Source payload (JSON): https://www.cdrcompare.au/api/raw/arab-bank-australia-limited/STASTUDENT01
- 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/STASTUDENT01) — 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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