The Finance Algorithm

At a glance

Base rate
0.40%
Monthly fee
$6

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: 0.40%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 spend0.40%4.80%MoveBank's Online Saver2.25%of 61 institutions49th highest of 61

Rates

Every rate Coastline publishes for this account, 3 in all.

TypeApplies toTermBandRateComparisonConditions
Variable--up to $25,0000.40%-paid every 1 mo; Existing cust; New accounts; New customer
Variable--$25,000–$50,0000.40%-paid every 1 mo; Existing cust; New accounts; New customer
Variable--$50,000+0.40%-paid every 1 mo; Existing cust; New accounts; New customer

Fees

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

While you hold it2

  • Bonus Reward Saver Fee

    On a fee for maintaining a set balance

    $6 a month
  • Dormant Account Fee
    $25 a year

When you make a transaction5

  • Bonus Saver XS Withdrawal Fee
    $5
  • Corporate Cheque Fee
    $10
  • CU Solicitor Mtg Discharge Fee
    $198
  • Mortgage Discharge Fee
    $110
  • Staff Assisted Electronic Pmnt
    $2.25

When particular things happen29

  • Agency Withdrawal Fee
    $10
  • Audit Certificate Fee
    $25
  • Bank Cheque Issue Fee
    $15
  • BPAY Error Correction Fee
    $11.50
  • BPAY Investigation Request Fee
    $5.50
  • Chq Deposit Dishonour Fee
    $10
  • Corporate Cheque Trace Fee
    $32.50
  • Corporate Chq Stop Pmt Fee
    $5
  • Direct Debit Cancellation Fee
    $5
  • Direct Entry Trace Fee
    $25
  • Dishonour Fee
    $5
  • Duplicate Statement Fee
    $5
  • Elec Outbound Rejection Fee
    $5
  • Honour Fee
    $5
  • Member Cheque Trace Fee
    $33
  • Overdrawn Account Fee
    $10
  • Periodic Pmt Establishment Fee
    $5
  • Periodic Pmt Rejection Fee
    $10
  • Periodic Pmt Variation Fee
    $5
  • Piggy Bank
    $5
  • Real Time Transfer Fee
    $20
  • Safe Custody Fee
    $25
  • Security Token
    $20
  • SMS Fees
    $0.25
  • Special Clearance Chq Fee
    $32.50
  • Stop Chq Request Fee
    $5
  • Sweep Cancellation Fee
    $5
  • Sweep Establishment Fee
    $5
  • Sweep Variation Fee
    $5

Features

Instant paymentsPayIDDigital bankingUnlimited transactions

Eligibility and limits

  • Residency: Australia
  • Available to individuals

Published by Coastline Bank under the Consumer Data Right, last changed by them on 23 Sept 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.