First Option Bank Savings Account Rates & Review

First Option Bank Savings Accounts as of September 2025

Total interest earned below is based on a $20,000 deposit amount over 1 year.

Provider	Base interest rate	Max interest rate	Total interest earned	Introductory Term	Minimum Amount	Maximum Amount	Account Keeping Fees	Min. Monthly Deposit	Min. Opening Deposit	Linked account required	ATM Access	EFTPOS Facility	as ofSeptember 13, 2025

	2.80^%_p.a.	2.80^%_p.a.	^$564	4	^$5,000	^$99,999,999			0	$product[$field["value"]]	$product[$field["value"]]	$product[$field["value"]]	More details
	Save Account
Save Account More details
	Bonus rate of 2.50%Rate varies on savings amount. 1.75^%_p.a.	4.25^%_p.a.	^$867		^$0	^$249,999	0	0		$product[$field["value"]]	$product[$field["value"]]	$product[$field["value"]]	More details
	Savings+Bonus
Savings+Bonus More details
	0.75^%_p.a.	0.75^%_p.a.	^$150	4	^$0	^$4,999			0	$product[$field["value"]]	$product[$field["value"]]	$product[$field["value"]]	More details
	Save Account
Save Account More details
	Bonus rate of 2.50%Rate varies on savings amount. 0.15^%_p.a.	2.65^%_p.a.	^$536		^$250,000	^$99,999,999	0	0		$product[$field["value"]]	$product[$field["value"]]	$product[$field["value"]]	More details
	Savings+Bonus
Savings+Bonus More details
	Bonus rate of 3.00%Rate varies on savings amount. 0.05^%_p.a.	3.05^%_p.a.	^$619		^$0	^$99,999,999	0	100	1	$product[$field["value"]]	$product[$field["value"]]	$product[$field["value"]]	More details
	Bonus Saver
Bonus Saver More details
	Bonus rate of 0.30%Rate varies on savings amount. 0.05^%_p.a.	0.35^%_p.a.	^$70		^$10,000	^$99,999,999	0	30	1	$product[$field["value"]]	$product[$field["value"]]	$product[$field["value"]]	More details
	Kids Bonus Saver
Kids Bonus Saver More details
	Bonus rate of 4.75%Rate varies on savings amount. 0.05^%_p.a.	4.80^%_p.a.	^$981		^$0	^$9,999	0	30	1	$product[$field["value"]]	$product[$field["value"]]	$product[$field["value"]]	More details
	Kids Bonus Saver
Kids Bonus Saver More details

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Savings Account News

Medium-length term deposits get the juice this week

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First Option Bank Savings Accounts

First Option Bank Savings Accounts as of September 2025

Save Account

Save Account

Savings+Bonus

Savings+Bonus

Save Account

Save Account

Savings+Bonus

Savings+Bonus

Bonus Saver

Bonus Saver

Kids Bonus Saver

Kids Bonus Saver

Kids Bonus Saver

Kids Bonus Saver

Latest Deposit News

What's happening to my savings account after the August RBA cash rate cut?

What's happening to my savings account after the RBA cash rate cut?

What's happening to my savings account after the RBA cash rate cut?

Medium-length term deposits get the juice this week

Compare More First Option Bank Products

Savings Accounts Comparison & Tools

Banks' Savings Account Interest Rates

Important Information

Editorial Integrity

Advertiser Disclosure

Product Coverage and Sort Order

Comparison Rate Warning and Base Criteria

Monthly Repayment Figures

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