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- Arab Bank Australia
- Statement Account
Statement Account
- App banking
- Online banking
- Overseas ATM facilities
- Visa debit card
Monthly fee
$6
Maximum interest rate
0.65%
Statement Account
- App banking
- Online banking
- Overseas ATM facilities
- Visa debit card
Monthly fee
$6
Maximum interest rate
0.65%
Pros and Cons
For Statement Account
Benefits
- 45 free transactions per month - a maximum of 5 Over the Counter transactions and 40 EFTPOS transactions per month
- Account keeping fee waived for those customers in receipt of a Government pension.
- Linked Visa debit card
- App banking available
- 0.4% - 0.65% interest available
Drawbacks
- $5 Overseas ATM Withdrawal Fee
- $5 fees apply for overseas transactions
- 2.5% fees apply for overseas transactions
Arab Bank Australia Rate Bank Account overview
For Statement Account
Account details
Minimum opening amount
$1
Min. age restrictions
18 years old
Minimum balance
Max. age restrictions
N/A
Interest calculation frequency
Daily
Interest payment frequency
Monthly
Features
Linked account
Send money using PayID
Joint application available
Free international account transfer
Foreign currency
Target Market Determination
Visit Arab Bank Australia Ltd to view Target Market Determination.
Methods of access
Internet banking
ATM access
Phone banking
EFTPOS facility
Branch access
Cheque services
App
App only
Fee details
Monthly fee
$6
Min. deposit for fee free
N/A
ATM & EFTPOS fees
ATM withdrawal fee
$0
Other bank ATM withdrawal fee
Daily ATM withdrawal limit
$1,020
EFTPOS fee
$0.6
Overseas fees
Overseas ATM withdrawal fee
$5
Overseas eftpos fee
$5
Foreign transaction fee
$5
Other transaction fees
Phone transaction fee
$0
Internet transaction fee
$0
Counter withdrawal fee
$2
Free counter transactions
Counter deposit fee
$0
Cheque fee
$0