The Finance Algorithm
At a glance
Base rate
1.95%
§ 01 — Rates · 1
TypeApplies toTermBandRateComparisonConditions
Variable$1,000+1.95%paid every 1 mo; Existing cust; New accounts; New customer
§ 02 — Fees · 9
FeeTypeAmountWhenNotes
Chq Deposit Dishonour FeeEvent$10
Elec Outbound Rejection FeeEvent$5
Piggy BankEvent$5
Security TokenEvent$20
SMS FeesEvent$0.25
Special Clearance Chq FeeEvent$32.50
Dormant Account FeePeriodic$25Every 1 yr
Staff Assisted Electronic PmntTransaction$2.25
Xmas Club Early Withdrawal FeeTransaction$10
§ 03 — Features
Instant paymentsDigital bankingUnlimited transactions
§ 04 — Eligibility & limits
  • · Residency: Australia
  • · Available to individuals
  • · Account closed to withdrawals between 1st of February and 31 October each year

Published by Coastline Bank 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.