The Finance Algorithm

At a glance

Base rate
0.60%

Rates

Every rate Gateway Bank publishes for this account, 2 in all.

TypeApplies toTermBandRateComparisonConditions
Variable--up to $1,0000.60%-paid every 1 mo
Variable--$1,000+4.20%-paid every 1 mo

Rate changes

2 changes logged, newest first.

DateRateWasNowChange
14 Oct 2026Variable, up to $1,0000.35%0.60%up 0.25
14 Oct 2026Variable, $1,000+3.95%4.20%up 0.25

Each change is logged the night it appears in the rates Gateway Bank publishes. See how every lender answered the RBA on the rate tracker.

Fees

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

When you make a transaction1

  • Cheque Withdrawal Fee

    Corporate (Bank) Cheque - Over the counter or mailed

    $7.50

When particular things happen10

  • BPay Error Correction

    BPAY Error Correction

    $25
  • BPay Fee

    BPAY Payment (Staff assisted)

    $7.50
  • BPay Trace

    BPAY Trace

    $25
  • Cheque Dishonour Fee

    Payable each occasion a cheque credited to your account is dishonoured by another financial institution

    $10
  • Direct Entry/EFT Recall

    Direct Entry/EFT Recall

    $25
  • Direct Entry/EFT Trace

    Direct Entry/EFT Trace

    $25
  • Dishonour Fee

    Any fee charged in relation to a dishonoured payment will be passed on to you

    $15
  • QuickDebit Dishonour Fee

    Payable each occasion payment credited to your account is dishonoured by another financial institution

    $15
  • RTGS (same day EFT)

    Real Time Gross Settlement (RTGS)(same day EFT)

    $30
  • Transaction Fee
    $7.50

Features

Digital banking

Eligibility and limits

None published.

Published by Gateway Bank under the Consumer Data Right, last changed by them on 13 Oct 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.