The Finance Algorithm
At a glance
Base rate
1.50%
§ 01 — Rates · 1
TypeApplies toTermBandRateComparisonConditions
Variable———1.50%—paid every 1 mo
§ 03 — Features
Instant paymentsPayIDDigital banking
  • · Access from 1st Nov to the 31st Jan each year
§ 04 — Eligibility & limits
    § 05 — Compare
    All savings & transaction accounts →Other The Mac savings & transaction accountsEverything The Mac publishes
    § 06 — Run the numbers

    Put this product through a calculator

    Savings goal

    How long a target takes at a given rate and deposit.

    Compound interest

    What a balance grows to with monthly interest.

    Published by The Mac under the Consumer Data Right, last changed by them on 1 Feb 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.