Arab Bank Australia Personal Online Savings Account
No conditions on the rate
An online savings account that provides a high rate of return and has the convenience of a regular transaction account online at your fingertips at any time.
- Base rate up to
- 4.95%
- Introductory rate
- None
- Maximum balance
- None published
Rate a year, up to
Rates by balance
| Balance | Base rate |
|---|---|
| $0 to $49,999 | 3.00% |
| $50,000 to $499,999 | 4.85% |
| $500,000 and over | 4.95% |
Who can open it
- Age to open
- Any
- Maximum balance
- None published
Who it's for
- Individuals who are 18 years of age or over.
- Must be Australian residents for tax purposes.
- Successful completion of applicable Arab Bank Australia Limited (ABAL) identification check requirements.
Limits and conditions
- Minimum opening deposit A$1.
How it compares
Against the other savings accounts we compare. Typical means the middle half of them.
Most it pays
4.95%
At its best balance, with any bonus. Typical is 3.65%.
Base rate
4.95%
What it pays without a bonus. Typical is 2.40%.
Pros and cons
Pros
- No conditions. You earn the same rate every month, with no deposits to make or withdrawals to avoid.
Cons
Nothing stands out.
Similar savings accounts
Savings accounts from other banks that pay a similar rate at their best.
- Most it pays
- 4.95%
- Bonus conditions
- None
- Most it pays
- 4.95%
- Bonus conditions
- None
- Most it pays
- 5.00%
- Bonus conditions
- None
