Arab Bank Online Savings Account
- Maximum variable rate
- 1.30% p.a.
- Base interest rate
- 0.5%p.a.
Summary
This account can be used as a day-to-day transaction account while also offering a small level of interest on your balance.
Without the requirement of a linked account, the Arab Bank Online Savings Account gives you total access to your money while also offering interest. You can make purchases, take out cash from an ATM, or bank online all while earning interest and all from one account.
Pros
-
No minimum balance
-
Access funds 24/7 via Visa debit card, internet banking and ATMs
-
No ongoing fees
-
No conditions to meet for interest
Cons
-
Interest rate is low
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No physical branches
-
Fees for international purchases apply
Details
Key details
| Product Name | Arab Bank Online Savings Account |
| Maximum Variable Rate | 1.30% p.a. |
| Standard Variable Rate | 0.50% p.a. |
| Monthly Account Fee | $0 |
| Minimum Opening Deposit | $1 |
| Minimum Age | 18 |
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