The Finance Algorithm
At a glance
Base rate
0.00%
§ 01 — Rates · 10
TypeApplies toTermBandRateComparisonConditions
Variable——up to $5,0000.00%—paid every 3 mo
Variable——$100,000–$200,0000.15%—paid every 3 mo
Variable——$20,000–$50,0000.10%—paid every 3 mo
Variable——$200,000–$300,0000.15%—paid every 3 mo
Variable——$300,000–$400,0000.15%—paid every 3 mo
Variable——$400,000–$500,0000.15%—paid every 3 mo
Variable——$5,000–$20,0000.05%—paid every 3 mo
Variable——$50,000–$100,0000.10%—paid every 3 mo
Variable——$500,000–$600,0000.15%—paid every 3 mo
Variable——$600,000+0.15%—paid every 3 mo
§ 02 — Fees · 19
FeeTypeAmountWhenNotes
DEPOSITED_CHEQUE_DISHONOUR_FEEEvent$50——
VISA_SERVICE_FEEPeriodic$3——
DUPLICATE_DEPOSIT_BOOKPurchase$5——
ATM_TRANSACTIONSTransaction$0.75——
BUSINESS_CHEQUE_DEPOSIT_FEETransaction$0.80——
DECLINED_ATM_FEETransaction$0.75——
DECLINED_EFTPOS_FEETransaction$0.75——
DIRECT_DEBIT_DISHONOURTransaction$10——
DIRECT_DEBIT_PROCESSINGTransaction$0.20——
EFTPOS_CHARGETransaction$0.75——
FUTURE_DATED_BPAYTransaction$0.50——
FUTURE_DATED_EFT_-_EXTERNALTransaction$0.50——
FUTURE_DATED_OSKOTransaction$0.20——
MEMBER_CHEQUE_PRESENTMENT_FEETransaction$0.40——
OTC_BPAYTransaction$0.50——
OTC_CASH_WITHDRAWALTransaction$2.50——
OTC_EFT_EXTERNALTransaction$0.50——
OTC_TRANSFERSTransaction$2.50——
OVERSEAS_VISA_DEBIT_ATM_WITHDRAWALTransaction$5——
§ 03 — Features
Instant paymentsPayID
§ 04 — Eligibility & limits
  • · Minimum balance $5,000
§ 05 — Compare
All savings & transaction accounts →Other Central Murray Bank savings & transaction accountsEverything Central Murray Bank 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 Central Murray Bank under the Consumer Data Right, last changed by them on 31 July 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.