First Option Bank term deposits
First Option Bank has one term deposit that BankMate tracks, with five terms from 3 months to 2 years, interest paid at maturity or annually.
Term deposit · 5 terms
Term Deposit
5.50%p.a. · 1 year
interest at maturity or annually; from $1,000
11th of 386 12-month deposits
Rates by term and how interest is paid
- At maturity5.10%
- Annually–
- Terms
- 3 months to 2 years
- Minimum deposit
- $1,000
- Maximum deposit
- $2,000,000
- 3 months
- 5.10% · #8 of 162 3-month deposits
- 6 months
- 5.25% · #29 of 181 6-month deposits
- 9 months
- 5.35% · #10 of 149 9-month deposits
- 1 year
- 5.50% · #11 of 386 12-month deposits
- 2 years
- 5.00% · #72 of 238 24-month deposits
- Minimum deposit
- $1,000
- Maximum deposit
- $2,000,000
- Paid
- At maturity or Annually
- Compounding
- daily
- Before maturity
- Term deposits can usually be broken early on 31 days’ notice, at a lower rate; the bank’s terms say how much lower.
No changes recorded for this product since tracking began on 9 April 2026.
Notes on First Option Bank term deposits
to leave a note.
As of 12 November 2026, First Option Bank has one term deposit product tracked by BankMate, over five terms from 3 months to 2 years. Its highest rate is 5.50% p.a. on the Term Deposit for 1 year, 11th of 386 12-month deposits — a term deposit rate means nothing without its term, so each deposit is ranked only against others of the same term. From the provider's Consumer Data Right feed, refreshed nightly.