Statement (Student) Account
A low fee transactional account, with no monthly account keeping fee, for eligible students.
Category: Transaction & Savings Accounts Last Updated June 13, 2025 Effective June 3, 2026
General Lending Rates
No product information is currently listed. Please make contact with us for more information.
Product Features
- Card Access
- Free Txns Additional Information: A maximum of 5 free Over the Counter transactions and unlimited free EFTPOS transactions per month
- Digital Banking Additional Information: Fee free Internet Banking transactions are all personal Internet Banking transfers between your linked accounts, Transfer to Anyone and bill payments via BPAY®.
- Other Additional Information: No monthly account keeping fee
Product Eligibility
- Other Additional Information: 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.
Bank Fees and Charges
- Over The Counter Fee (Transaction), Amount: 2.00. Additional Information: Up to 45 free transactions per month (maximum of 5 free Over the Counter transactions and 40 free EFTPOS transactions per month)
- Eftpos Fee (Purchase), Amount: 0.60. Additional Information: Up to 45 free transactions per month (maximum of 5 free Over the Counter transactions and 40 free EFTPOS transactions per month)
Limitations & Restrictions (Constraints)
- Opening Balance of 1.00
