Statement Account
A convenient blend of access and convenience.
- Minimum opening deposit A$1
- Interest paid on balances of A$2,000 and over
- Interest is calculated daily
- Interest is paid monthly
- Statements are supplied quarterly
- Convenient access via ATM and EFTPOS, Internet Banking and over the counter service
- Access funds at over 29 million outlets worldwide with a Visa Debit payWave Card
- A maximum of 5 free Over the Counter transactions and unlimited free EFTPOS transactions per month
- Available in other selected currencies
- Access via our internet banking service aba.online
- Fee free Internet Banking transactions*
- Australian Government Guaranteed
Information on the Target Market Determination for this product can be found here.
* Fee free Internet Banking transactions are all personal Internet Banking transfers between your linked accounts, Transfer to Anyone and bill payments via BPAY®.
® Registered to BPAY Pty Ltd ABN 69 079 137 518
| Tier | Interest Rate |
|---|---|
| $0 - $1,999 | 0.00 |
| $2,000 - $9,999 | 0.40 |
| $10,000 - $49,999 | 0.65 |
| $50,000 - $99,999 | 0.65 |
| $100,000 + | 0.65 |
Rates current as of:
Note
- Interest paid monthly
- All rates are available on Australian Dollar deposits
- Rates subject to change without notice
- The issuer of this product is Arab Bank Australia Limited