The Finance Algorithm
At a glance
Base rate
0.05%
Bonus rate
5.50%
Up to
5.55%
§ 01 — Rates · 4
TypeApplies toTermBandRateComparisonConditions
Bonusup to $10,0005.50%paid every 1 mo
Bonus$10,000+0.55%paid every 1 mo
Variableup to $10,0000.05%paid every 1 mo
Variable$10,000+0.05%paid every 1 mo
§ 03 — Features
PayIDDigital banking
§ 04 — Eligibility & limits
  • · Maximum age 17
  • · Residency: Australian Residents
  • · Available to individuals

Published by First Option Bank under the Consumer Data Right, last changed by them on 7 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.