The Finance Algorithm
At a glance
Bonus rate
5.10%
Up to
5.10%
Intro rate
0.75% for 4 mo
§ 01 — Rates · 8
TypeApplies toTermBandRateComparisonConditions
BonusEveryday Bonus Rateup to $100,0005.10%paid every 1 mo; Customer must grow their total Save account balances by at least $1 each month, excluding interest credits. Does not include accounts that are linked as offsets at the end of the month.
BonusEveryday Bonus Rate$100,000–$250,0005.10%paid every 1 mo; Customer must grow their total Save account balances by at least $1 each month, excluding interest credits. Does not include accounts that are linked as offsets at the end of the month.
BonusEveryday Bonus Rate$1,000,000+0.00%paid every 1 mo; Customer must grow their total Save account balances by at least $1 each month, excluding interest credits. Does not include accounts that are linked as offsets at the end of the month.
BonusEveryday Bonus Rate$250,000–$1,000,0005.10%paid every 1 mo; Customer must grow their total Save account balances by at least $1 each month, excluding interest credits. Does not include accounts that are linked as offsets at the end of the month.
IntroductoryWelcome Bonus for eligible new customers beginning 11 November 2025. Only paid when Bonus Interest criteria is met. Rates on Shared accounts may be different.4 mo introup to $100,0000.75%paid every 1 mo
IntroductoryWelcome Bonus for eligible new customers beginning 11 November 2025. Only paid when Bonus Interest criteria is met. Rates on Shared accounts may be different.4 mo intro$100,000–$250,0000.75%paid every 1 mo
IntroductoryWelcome Bonus for eligible new customers beginning 11 November 2025. Only paid when Bonus Interest criteria is met. Rates on Shared accounts may be different.4 mo intro$1,000,000+0.00%paid every 1 mo
IntroductoryWelcome Bonus for eligible new customers beginning 11 November 2025. Only paid when Bonus Interest criteria is met. Rates on Shared accounts may be different.4 mo intro$250,000–$1,000,0000.75%paid every 1 mo
§ 03 — Features
Instant paymentsPayIDDigital bankingFraud protectionUnlimited transactions
§ 04 — Eligibility & limits
  • · Minimum age 16
  • · Residency: an Australian citizen or permanent resident with an Australian residential address
  • · Available to individuals

Published by UBank under the Consumer Data Right, last changed by them on 12 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.