The Finance Algorithm
Alex Bank

Savings

Alex gets you a fee free, high yield savings account.

Savings & transaction accountsBank updated 13 May 2026
At a glance
Base rate
4.50%
§ 01 — Rates · 1
TypeApplies toTermBandRateComparisonConditions
Variable4.50%paid every 1 mo
§ 02 — Fees · 1
FeeTypeAmountWhenNotes
Account Keeping FeePeriodicNo fee
§ 03 — Features
Digital bankingUnlimited transactions
  • · Pay Anyone (Direct Entry)
§ 04 — Eligibility & limits
  • · Minimum age 18
  • · Residency: Applicants must hold valid Australian Photo ID (Drivers Licence or Passport)
  • · Available to individuals

Published by Alex.Bank under the Consumer Data Right, last changed by them on 13 May 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.