🏦
First Option Bank · Savings account
LiveSAVINGS + BONUS
Pays 5.00% p.a. total (0.25% base plus 4.75% bonus) as of 24 September 2026. Ranks 50th of 94 savings accounts tracked by BankMate, 0.13 points above the average of 4.87%. It has not changed since tracking began on 24 September 2026.
5.00%p.a.
0.25% base + 4.75% bonus · bonus up to $250,000 · variable
Rate over time
Total rate, conditions met- SAVINGS + BONUS
- RBA cash rate
- Market average
Changes
No rate changes recorded for this account since tracking began on 24 September 2026.
Conditions for the bonus rate
Checked each month- Monthly deposits
- $100/month
- Withdrawals
- Not allowed
- Balance range
- $0 - $250,000
On your balance
Saved with your preferences- Interest this year
- —
- Each month
- —
- Against the average account (4.87%)
- —
Rate by balance
Up to $250k5.00%
$250k+3.40%
About this account
Earn Bonus interest on your savings account when you deposit $100 per month with no withdrawals
Notes from savers
to leave a note.