The Finance Algorithm
At a glance
Base rate
3.00%
§ 01 — Rates · 1
TypeApplies toTermBandRateComparisonConditions
Variable3.00%paid every 1 yr
§ 02 — Fees · 11
FeeTypeAmountWhenNotes
BPay Error CorrectionEvent$25BPAY Error Correction
BPay FeeEvent$7.50BPAY Payment (Staff assisted)
BPay TraceEvent$25BPAY Trace
Cheque Dishonour FeeEvent$10Payable each occasion a cheque credited to your account is dishonoured by another financial institution
Direct Entry/EFT RecallEvent$25Direct Entry/EFT Recall
Direct Entry/EFT TraceEvent$25Direct Entry/EFT Trace
Dishonour FeeEvent$15Any fee charged in relation to a dishonoured payment will be passed on to you
QuickDebit Dishonour FeeEvent$15Payable each occasion payment credited to your account is dishonoured by another financial institution
RTGS (same day EFT)Event$30Real Time Gross Settlement (RTGS) (same day EFT)
Transaction FeeEvent$7.50Withdrawl Transaction Fee for staff assisted transactions
Cheque Withdrawal FeeTransaction$7.50Corporate (Bank) Cheque - Over the counter or mailed
§ 03 — Features
Digital bankingUnlimited transactions
§ 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.