Business Online Savings Account
An online savings account for businesses 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 September 10, 2025 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 fees.
- Digital Banking Additional Information: Funds available 24 hours a day, 7 days a week through internet banking, abal online.
- Card Access
- Other Additional Information: Interest calculated daily, and paid monthly.
- Other Additional Information: Receive regular statements.
- Digital Banking Additional Information: Check your balance at any time via our mobile app, abal.mobile
- Other Additional Information: For the serious saver an online savings account is ideal for managing your money in one place knowing you have access to your money whenever you need it.
Product Eligibility
- Other Additional Information: For information on the eligibility criteria, please contact our Customer Service. Contact details are found on the following link:
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.
- Eftpos Fee (Transaction), Amount: 1.00. Additional Information: This fee is per transaction and applies to all transactions through terminals, internet and by telephone.
- Direct Debit Fee (Transaction), Amount: 0.50.
- Bpay (Transaction), Amount: 0.50.
Limitations & Restrictions (Constraints)
- Opening Balance of 1.00
