Guides
How to read the rates
Every figure on this site is a lender's own published number. These pages explain what the numbers mean, where they come from and how to compare them, in plain words. They describe products; they do not recommend one.
The Consumer Data RightAustralia's Consumer Data Right requires every bank to publish its product rates, fees and features in a standard machine-readable form. What that data is, who sets the standard, what it covers, and how Open Market Intel reads it each day.
Comparison ratesA comparison rate folds a loan's interest rate and most of its fees into one figure on a standard $150,000 loan over 25 years. How it is calculated, why it can sit below the advertised rate, and when it is the wrong number to compare.
Reading home loan ratesAdvertised rate, comparison rate, LVR band, purpose, repayment type, fixed term, revert rate, package and offset: what each column of a home loan rate table means and how the figures relate, so a comparison between two lenders is between the same thing.
Reading deposit ratesBase rate, bonus rate and its conditions, introductory periods, balance tiers, term and interest frequency: what a savings account or term deposit rate table means and which figure is the one you will earn.
GlossaryPlain definitions of the terms a rate table uses, in the words this site uses them.
Every market, compared · every lender · who is behind the data.