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First Option Bank savings accounts

First Option Bank’s highest savings rate is , on KIDS BONUS SAVER. It’s open to who do .
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All 2 accounts· ranked among 151

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First Option Bank Spend Account debit card
Spend Account$5 a month, waived for under 21
2%on spending overseas
$3.50 bank feeat an overseas ATM
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Overseas ATM: this is the bank’s own fee. The ATM’s owner may charge its own fee on top, which banks don’t publish, so it isn’t counted.

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June 20261 change

  1. 3Wed
    • KIDS BONUS SAVER5.30 → 5.55Bonus rate 5.25% → 5.50% · 28 days after the RBA rise to 4.35%
      +0.25

April 20261 change

  1. 17Fri
    • KIDS BONUS SAVER5.05 → 5.30Bonus rate 5.00% → 5.25% · 30 days after the RBA rise to 4.10%
      +0.25

Notes from savers

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As of 1 November 2026, First Option Bank has two savings accounts tracked by BankMate. Its KIDS BONUS SAVER pays 5.55% p.a. total, which ranks 17th of 151 accounts and sits 1.18 points above the market average of 4.37%. Its rates last changed on 3 June 2026. From First Option Bank's Consumer Data Right feed, refreshed nightly. Total rate is base plus bonus, with every monthly condition met. Compare savings accounts ·