The Finance Algorithm

At a glance

Min deposit
$1,000

Rates

The one rate Gateway Bank publishes for this term deposit.

TypeApplies toTermBandRateComparisonConditions
Introductory-6 mo intro$1,000–$1,000,0005.55%-paid at maturity

Rate changes

One change logged, newest first.

DateRateWasNowChange
22 Oct 2026Introductory, 6 mo intro, $1,000–$1,000,0005.45%5.55%up 0.10

Each change is logged the night it appears in the rates Gateway Bank publishes. See how every lender answered the RBA on the rate tracker.

Fees

2 fees published, grouped by when they're charged.

When you make a transaction1

  • Term Deposit Early Withdrawal

    If the deposit or any part of it is withdrawn before maturity, an interest rate adjustment fee will apply

    No fee

When particular things happen1

  • Early TD Redemption Admin Fee
    $25

Features

Digital banking

Eligibility and limits

  • Available to businesses
  • Minimum balance $1,000

Published by Gateway Bank under the Consumer Data Right, last changed by them on 21 Oct 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.