Savings account rates › First Option Bank
SAVINGS + BONUS
First Option Bank
CDR officialNot ranked in rate tables
Earn Bonus interest on your savings account when you deposit $100 per month with no withdrawals
Product data
The lender's Consumer Data Right data, as collected by Homepedia. Nothing in this part comes from a channel.Rates
| Rate | Applies to | Conditions | Source | Since |
|---|---|---|---|---|
| 4.75% | Bonus · $0–$250,000 | Bonus rate, paid in months you meet the lender's conditions; the lender doesn't say whether it is added to the base rate Not compared in rate tables | CDR | 1 Nov 2026 |
| 3.15% | Bonus · $250,000 or more | Bonus rate, paid in months you meet the lender's conditions; the lender doesn't say whether it is added to the base rate Not compared in rate tables | CDR | 1 Nov 2026 |
| 0.25% | Variable · $0–$250,000 | Bonus conditions are described in the lender's own words; see the lender's page | CDR | 1 Nov 2026 |
| 0.25% | Variable · $250,000 or more | Bonus conditions are described in the lender's own words; see the lender's page | CDR | 1 Nov 2026 |
Report an error
Anyone can report a value that looks wrong. The row is marked as disputed and keeps its value; when the lender's Consumer Data Right data next changes we check it and remove the mark.
Source
CDR officialConsumer Data Right product dataShow where this comes from
- Fetched
- 1 Nov 2026
- URL
https://internetbanking.firstoption.com.au/OpenBanking/cds-au/v1/banking/products/SAVINGSPLUSBONUS- Content hash
sha256 c7ddff47569c2ea6cdf5d24d7e0ce563f76c9cd3314e73efade8841cc4623f20- Rule version
mapper@0.1.2
Consumer Data Right product dataev_cdr_c7ddff47569c2ea6_dced2d14Show details
- Checked
- 1 Nov 2026
- URL
https://internetbanking.firstoption.com.au/OpenBanking/cds-au/v1/banking/products/SAVINGSPLUSBONUS- Content hash
sha256 c7ddff47569c2ea6cdf5d24d7e0ce563f76c9cd3314e73efade8841cc4623f20- Excerpt
- —
- Rule version
mapper@0.1.2
Page and PDF snapshots are kept by Homepedia; the hash above identifies the exact version we read. Data as at 1 Nov 2026.
Fees
| Fee | Type | Amount |
|---|---|---|
| DORMANT | Periodic | $75.00 |
| IBTEMPLIMIT | Event | $10.00 |
| PAPER_STAT_FEE | Periodic | $2.50 |
| STAFF_ASSIST_FEE | Transaction | $5.00 |
Features and eligibility
| Item | Value | Details |
|---|---|---|
| Digital banking | ||
| Npp enabled | ||
| Notifications | Email, SMS | |
| Eligibility: max age | 16 | |
| Eligibility: residency status | Australian Residents | |
| Eligibility: natural person |
Rate history
| Rate | From | To | Rate p.a. |
|---|---|---|---|
| Bonus · $250,000 or more | 1 Nov 2026 | Current | 3.15% |
| Variable · $0–$250,000 | 1 Nov 2026 | Current | 0.25% |
| Variable · $250,000 or more | 1 Nov 2026 | Current | 0.25% |
| Bonus · $0–$250,000 | 1 Nov 2026 | Current | 4.75% |
Tags
| Tag | Meaning | Effect |
|---|---|---|
pricing:bonus-unstated | Bonus conditions in the lender's own words | A total rate can't be worked out, so the product is display only |
bonus-conditions-free-text | Reason this product is not ranked | |
bonus-base-relationship-unstated | Reason this product is not ranked | |
Registered channels
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