Personal Online Savings Account
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.
Category: Transaction & Savings Accounts Last Updated April 6, 2026 Effective June 3, 2026
General Lending Rates
No product information is currently listed. Please make contact with us for more information.
Product Features
- Other Additional Information: High rate of interest paid on balances as low as $1
- Other Additional Information: No monthly account keeping or online transactional fees
- Digital Banking Additional Information: 24/7 access to your money via our internet banking service abal.online, mobile app abal.mobile, ATMs and EFTPOS across Australia
- Other Additional Information: Interest calculated daily, and paid monthly.
- Other Additional Information: Receive regular statements.
- Card Access Additional Information: Visa Debit payWave Card available with this account.
Product Eligibility
- Other Additional Information: Minimum opening deposit A$1 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.
Bank Fees and Charges
- Over The Counter Fee (Transaction), Amount: 2.50. Additional Information: The first transaction where an Over the Counter Fee is applicable will not incur a fee. Transactions thereafter will be charged at the rate above.
Limitations & Restrictions (Constraints)
- Opening Balance of 1.00
