The Finance Algorithm
HUME BANK LIMITED

Business iSave

An Online savings account designed for businesses to have the ability to earn interest with the flexibility of having cash on hand when needed.

Savings & transaction accountsBank updated 1 June 2026
At a glance
Base rate
0.00%
§ 01 — Rates · 2
TypeApplies toTermBandRateComparisonConditions
Variable——up to $10,0000.00%—paid every 1 mo
Variable——$10,000+2.90%—paid every 1 mo
§ 02 — Fees · 13
FeeTypeAmountWhenNotes
ARCHEvent$10—Archive search fee - Retrieval of account information - $50/per hour. Min $10
FEEBILLCOLLEvent$50—Bill for collection fee - Payable when you deposit a foreign currency cheque of $5000 or more
FEECHQSPECCLEvent$15—Special cheque clearance - Special request for priority clearance on a cheque deposited to your account
FEEDDDISEvent$15—Direct Debit dishonour fee - Insufficient cleared funds in your account
FEEDETRACEEvent$20—Transaction trace fee - Payable when you request the trace of a BPAY, NPP/Osko or anyother external transaction
FEEMANRETEvent$15—Manual return fee - direct debit - Payable each time you request us to manually return a direct debit payment without cancelling the direct debit arrangement
FEEPPALTEvent$5—Periodical payment alteration - Each additional alteration after a total of four consecutive alterations
FEERTGSEvent$20—Real Time Gross Settlement - Where you request a transaction to be processed via RTGS
FEESTATREQEvent$2—Statement request - A request to provide a copy statement or a statement on a passbook account $2 per page
FEETTAUDEvent$50—Telegraphic Transfer AUD - When you send money overseas in Australian Dollars
FEEDDHONTransaction$15—Direct Debit honour fee - Insufficient cleared funds in your account to meet debit request
FEETTTransaction$15—Telegraphic Transfer - When you send money overseas in a foreign currency online
FEEFORCASHWithdrawal1.00% of balance—Foreign Cash - When you purchase foreign cash. 1% of the order value in $AUD
§ 03 — Features
Instant paymentsPayIDDigital bankingFraud protectionUnlimited transactions
  • · No monthly account keeping fee
§ 04 — Eligibility & limits
  • · Available to businesses
  • · Restricted for registered iBank user and must be registered for eStatements with a valid email address

Published by Hume Bank under the Consumer Data Right, last changed by them on 1 June 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.