First Option Bank term deposits

First Option Bank also offers savings accounts and personal loans · Provider overview →

As of 18 September 2026, First Option Bank has eight term deposit products tracked by BankMate, over five terms from 3 months to 2 years. Its highest rate is 5.30% p.a. on the 12 MONTH FIXED TERM for 1 year, 29th of 590 12-month deposits — a term deposit rate means nothing without its term, so each deposit is ranked only against others of the same term.

Best rate: 5.30%; 1 year · 12 MONTH FIXED TERM
Market rank: #29; of 590 12-month deposits
Terms: 5; 8 products
Last change: —; None recorded yet

Rates over time

Best 12-month rate per product

RBA cash rate
Market average · 12-month deposits

What changed

No changes recorded for First Option Bank's term deposits since tracking began on 14 May 2026.

Term deposits

Best rate per product, by term · ranked within each term

12 MONTH FIXED TERM
interest at maturity · from $1,000 · 1 term
1 yr 5.30%
5.30%#29 of 590
9 Month Fixed Term
interest at maturity · from $1,000 · 1 term
9 mo 5.20%
5.20%#32 of 500
12 Month Regular Income Term Deposit
interest monthly · from $25,000 · 1 term
1 yr 5.15%
5.15%#115 of 590
6 Month Fixed Term
interest at maturity · from $1,000 · 1 term
6 mo 5.10%
5.10%#43 of 547
3 Month Fixed Term
interest at maturity · from $1,000 · 1 term
3 mo 4.85%
4.85%#50 of 369
24 MONTH FIXED TERM
interest annually · from $1,000 · 1 term
2 yr 4.75%
4.75%#156 of 394
3 MTH FIXED TERM BUS
interest at maturity · from $1,000 · 1 term
3 mo 4.65%
4.65%#134 of 369
REGULAR INCOME 24MTH
interest monthly · from $25,000 · 1 term
2 yr 4.65%
4.65%#169 of 394

Rank compares deposits within the same headline term, as the Term deposit report does. Compare all term deposits

Notes on First Option Bank term deposits

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