The Finance Algorithm
At a glance
Base rate
2.00%
§ 01 — Rates · 1
TypeApplies toTermBandRateComparisonConditions
Variable———2.00%—paid every 1 mo
§ 02 — Fees · 2
FeeTypeAmountWhenNotes
DISHONOUR_FEE_-_DIRECT_DEBIT_AND_EXTERNAL_PAYMENTEvent$15—Charged per rejection. Payable when you've arranged a direct debit payment or external payment to an account at another financial institution but there are insufficient clear funds in your account
TELEGPRAPHIC_TRANSFER_FEEPayment$50—$AU cuurency $50 per transfer OR foreign currency $30 per transfer. Payable each time you request an electronic transmission of funds to an account at an overseas bank.
§ 03 — Features
Instant paymentsPayIDDigital banking
  • · Up to 9 Sub Accounts
§ 04 — Eligibility & limits
  • · Available to individuals
§ 05 — Compare
All savings & transaction accounts →Other Auswide Bank Ltd savings & transaction accountsEverything Auswide Bank Ltd publishes
§ 06 — Run the numbers

Put this product through a calculator

Savings goal

How long a target takes at a given rate and deposit.

Compound interest

What a balance grows to with monthly interest.

Published by Auswide Bank Ltd under the Consumer Data Right, last changed by them on 14 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.