The Finance Algorithm

At a glance

Base rate
1.55%

How it compares

This account in ink, against the best that every other institution publishes for anyone to apply for. Each figure is counted the same way for all of them.

This account: 1.55%Every other institution's highest, 60 in all

Paid whatever you deposit or spend. One dot per institution, at its highest savings rate with no bonus conditions anyone can apply for; hover or tap a dot for its name.

RateThis accountBest anywhereTypical institutionWhere it sits
No bonus conditionsPaid whatever you deposit or spend1.55%4.80%MoveBank's Online Saver2.25%of 61 institutions38th highest of 61

Rates

Every rate bankWAW publishes for this account, 4 in all.

TypeApplies toTermBandRateComparisonConditions
Variable--up to $20,0001.55%-paid every 1 mo
Variable--$100,000+2.25%-paid every 1 mo
Variable--$20,000–$50,0001.80%-paid every 1 mo
Variable--$50,000–$100,0002.00%-paid every 1 mo

Fees

14 fees published, grouped by when they're charged.

When you make a transaction5

  • ARCHIVE_SEARCH_FEE

    50.00 per hour

    $50
  • LARGE_CASH_WITHDRAWAL

    Price on Application

    0.00% of transaction
  • FOREIGN_CASH
    0.00% of transaction
  • BPAY_ONLINE
    $0.40
  • DIRECT_DEBITS
    $0.40

When particular things happen9

  • BANK_AUDIT_CERTIFICATE_FEE
    $30
  • ELECTRONIC_PAYMENT_TRACE
    $30
  • INACTIVE_ACCOUNT_FEE
    $20
  • OVERDRAWN_ACCOUNT_FEE
    $10
  • STATEMENT_REQUEST
    $2
  • STATEMENT_REQUEST
    $2
  • STOP_PAYMENT
    $5
  • SWIFT_INWARD_TRANSFER
    $10
  • SWIFT_OUTWARD_PAYMENT
    $15

Features

Instant paymentsPayIDDigital banking

Eligibility and limits

  • Available to individuals

Published by bankWAW under the Consumer Data Right, last changed by them on 1 June 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.