The Finance Algorithm
At a glance
Base rate
0.10%
Bonus rate
4.25%
Up to
4.35%
§ 01 — Rates · 2
TypeApplies toTermBandRateComparisonConditions
Bonus4.25%paid every 1 mo; Balance needs to increase $250 over the month prior.; Bonus interest
Variable0.10%paid every 1 mo
§ 02 — Fees · 11
FeeTypeAmountWhenNotes
BPay Error CorrectionEvent$25
BPay FeeEvent$7.50
BPay TraceEvent$25
Cheque Dishonour FeeEvent$10
Cheque Withdrawal FeeEvent$10
Direct Entry/EFT RecallEvent$25
Direct Entry/EFT TraceEvent$25
Dishonour FeeEvent$15
QuickDebit Dishonour FeeEvent$15
RTGS (same day EFT)Event$30
Transaction FeeEvent$7.50
§ 03 — Features
Digital banking
§ 04 — Eligibility & limits

    Published by Gateway Bank under the Consumer Data Right, last changed by them on 19 May 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.