The Finance Algorithm

At a glance

Up to
4.90%
Base rate
0.10%
Bonus rate
4.80%

How it compares

This account in ink, against the best that every other institution publishes for anyone to apply for. Each figure is counted the same way for all of them.

This account: 4.90%Every other institution's highest, 50 in all

Base plus bonus, when every condition is met. One dot per institution, at its highest bonus savings rate anyone can apply for; hover or tap a dot for its name.

RateThis accountBest anywhereTypical institutionWhere it sits
Bonus savings accountBase plus bonus, when every condition is met4.90%5.75%Defence Bank Limited's iSaver5.25%of 51 institutions35th highest of 51, level with one other
Bonus account, conditions missedWhat a bonus account pays in a month its conditions aren't met0.10%3.45%Heritage's Online Saver Account0.10%of 43 institutions18th highest of 43, level with 10 others

Rates

Every rate Woolworths Team Bank publishes for this account, 4 in all.

How the rate is made up

4.90%in a month every condition is met

0.10% base rate4.80% bonus, when its conditions are met
TypeApplies toTermBandRateComparisonConditions
Bonus--up to $100,0004.80%-paid every 1 mo
Bonus--$100,000+0.00%-paid every 1 mo
Variable--up to $100,0000.10%-paid every 1 mo
Variable--$100,000+0.10%-paid every 1 mo

Features

None published.

Eligibility and limits

  • Membership is open to team members of Woolworths and Endeavour Groups, their immediate family members, and those with an affinity to Woolworths Group.

Published by Woolworths Team Bank under the Consumer Data Right, last changed by them on 7 July 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.