The Finance Algorithm

At a glance

Min deposit
$1,000

Rates

The one rate Gateway Bank publishes for this term deposit.

TypeApplies toTermBandRateComparisonConditions
Introductory-9 mo intro$1,000–$1,000,0005.55%-paid at maturity

Rate changes

One change logged, newest first.

DateRateWasNowChange
6 Nov 2026Introductory, 9 mo intro, $1,000–$1,000,0005.40%5.55%up 0.15

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    If the deposit or any part of it is withdrawn before maturity, an interest rate adjustment fee will apply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 5 Nov 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.