The Finance Algorithm
At a glance
Variable
11.74%
Loan size
$1,000 to $20,000
Upfront fee
$149
§ 01 — Rates · 1
TypeApplies toTermBandRateComparisonConditions
VariableEdge OverdraftOwner occupied · P&I11.74%
§ 02 — Fees · 9
FeeTypeAmountWhenNotes
BPAY Error CorrectionTransaction$25BPAY Error Correction
BPAY Payment (Staff assisted)Transaction$7.50BPAY Payment (Staff assisted)
BPAY TraceTransaction$25BPAY Trace
Corporate (Bank) Cheque - Over the counterTransaction$7.50Corporate (Bank) Cheque - Over the counter or mailed
Direct Entry/EFT RecallTransaction$25Direct Entry/EFT Recall
Direct Entry/EFT TraceTransaction$25Direct Entry/EFT Trace
Real Time Gross Settlement (RTGS)Transaction$30Real Time Gross Settlement (RTGS) (same day EFT)
Withdrawl Transaction Fee for staff assistedTransaction$7.50Withdrawl Transaction Fee for staff assisted transactions
Establishment FeeUpfront$149Payable at settlement per loan
§ 03 — Features
Digital bankingUnlimited transactionsOverdraft
§ 04 — Eligibility & limits
  • · Minimum age 18
  • · Amount $1,000 to $20,000

Published by Gateway Bank under the Consumer Data Right, last changed by them on 23 Jan 2026. Figures are shown as the institution publishes them and can change without notice; confirm on their site before applying. The Finance Algorithm earns nothing from any product listed here.