Terms of Use

1. About BankMate

BankMate ("we", "us", "our") is an Australian financial product comparison service operated at bankmate.app. We provide tools to compare savings accounts, credit cards, home loans, term deposits, and personal loans from Australian financial institutions.

2. General Information Only

The information on BankMate is general in nature and does not constitute financial advice, tax advice, or a recommendation to acquire any financial product. We do not take into account your personal objectives, financial situation, or needs.

Before making any financial decision, you should consider whether the information is appropriate for your circumstances and consider seeking independent professional advice from a licensed financial adviser.

3. Product Data & Accuracy

Product data displayed on BankMate is sourced from the Consumer Data Right (CDR) and publicly available information from financial institutions. While we make every effort to keep information accurate and up to date, we do not guarantee the completeness, accuracy, or timeliness of any product data, interest rates, fees, or terms displayed.

Always verify product details directly with the product issuer before applying. Rates and conditions may change without notice.

4. Comparison Rates

Comparison rates displayed are based on standard assumptions (e.g. a $150,000 loan over 25 years for home loans) and may not reflect the actual rate applicable to your circumstances. WARNING: Comparison rates are true only for the examples given and may not include all fees and charges. Different terms, fees, or loan amounts might result in a different comparison rate.

5. Outbound Links & Referrals

BankMate may contain links to third-party websites, including financial product issuers. We are not responsible for the content, privacy practices, or terms of any third-party site. Some links may be affiliate or referral links, which means we may receive a commission if you apply for or acquire a product through those links. This does not affect the order in which products are displayed or the comparisons provided.

6. Portfolio & Projections

The Portfolio feature provides estimates of potential savings or earnings based on current product rates and your stated preferences. Projections are illustrative only and assume rates remain constant over the projection period. Actual outcomes will differ based on rate changes, compounding frequency, fees, and your individual circumstances.

7. User Accounts

If you create an account, you are responsible for maintaining the confidentiality of your credentials. Portfolio data stored against your account is private and protected by row-level security. We will not share your personal data with third parties except as described in our Privacy Policy.

8. Limitation of Liability

To the maximum extent permitted by law, BankMate and its operators are not liable for any loss or damage (including indirect or consequential loss) arising from your use of the site or reliance on any information provided. This includes any financial loss resulting from decisions made based on product comparisons, projections, or recommendations.

9. Intellectual Property

All content, design, code, and trademarks on BankMate are owned by us or licensed to us. Bank logos and product images remain the property of their respective owners and are displayed for identification purposes only.

10. Changes to Terms

We may update these terms from time to time. Continued use of BankMate after changes are posted constitutes acceptance of the revised terms.

11. Contact

If you have questions about these terms, contact us at bankmateapp@gmail.com.