Savings · Side by side

Bank First First Saver Account vs Bank First Strong Start Saver

vs
These are open to different people: Bank First First Saver Account only to anyone under 18, Bank First Strong Start Saver only to 15 to 35 year olds.
Interest a year on $50,000
$2,325
4.65% on this balance
$2,825
5.65% on this balance

Bank First Strong Start Saver pays $500 more a year on $50,000 than Bank First First Saver Account.

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Where they differThe rate (4.65% against 5.65%), how much of a balance the top rate covers, who can open it and the minimum balance.

The same on bothOne rate with nothing to do each month.

Bank FirstFirst Saver Account
Bank FirstStrong Start Saver
Total rate
4.65%
5.65%
+1.00 · Higher total rate
Top rate paid up to
No cap
Covers all of it · Covers more of a balance
$250k
Who can open it
Anyone under 18
15 to 35 year olds
Minimum balance
None
$0
Rank by total rate
62nd of 114
among accounts open to under-18s
5th of 117
among accounts open to adults
Last rate change
17 Oct 2026
up 0.25
16 Oct 2026
up 0.25

Rates over time

Each account's total rate, a cell a week. A move shows as ▲ or ▼ in the week it happened.

Bank First First Saver Account
Go to siteMore about this account
Bank First Strong Start Saver
Go to siteMore about this account

As of 2 November 2026, Bank First First Saver Account pays 4.65% with nothing to do each month, and Bank First Strong Start Saver pays 5.65% with nothing to do each month. On $50,000, that's $2,325 against $2,825 a year, $500 more from Bank First Strong Start Saver. Figures are the banks' published rates, worked out on the balance above. Each row says which figure is higher; it doesn't say which account suits you.

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Other comparisons

A savings account against a term depositWhat each pays over the same term on your balance