---
title: "Statement 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/Stmt01
source: "CDR Compare"
language: en-AU
last_updated: 2026-08-20T02:06:05.284461Z
---

# Statement 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**

An account with a convenient blend of access and convenience.

## 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/statement-account)

## Deposit rates

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

## Fees

| Fee | Type | Amount |
| --- | --- | --- |
| Over the Counter Fee — It 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 cards. | Transaction | $2.00 |
| Monthly Account Keeping Fee — Account keeping fee waived for those customers in receipt of a Government pension, and customers with student ID cards. | Event | $6.00 |

## Features

- **Free transactions** — 5 (A maximum of 5 free Over the Counter transactions and unlimited free EFTPOS transactions per month.)
- **Digital banking** (Access via our internet banking service abal.online)
- **Available in other selected currencies.**
- **Card access** — Access funds available with a Visa Debit payWave Card.
- **Statements are supplied quarterly.**
- **Interest is calculated daily & paid monthly.**
- **Interest paid on balances of $2,000 and over.**
- **Minimum opening deposit $1**

## Eligibility

- ** 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 Limited (ABAL) identification 
check requirements.
 For Visa Debit Cards: Customers must be over the age of 16 and have an Australian 
residential address. Customers under 18 years of age but over 16 years of age must 
have a parent/guardian as a joint account holder to obtain a Visa Debit Card.**

## Constraints

- **Opening balance** — $1.00 ( $0 minimum opening balance for customers in receipt of Government concession cards.)

## More information from Arab Bank Australia Limited

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

## Data provenance

- Published by Arab Bank Australia Limited under the Consumer Data Right
- Product ID: `Stmt01`
- Last updated by the provider: 20 August 2026
- Source payload (JSON): https://www.cdrcompare.au/api/raw/arab-bank-australia-limited/Stmt01
- 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/Stmt01) — 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)