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First Option Bank · Transaction accounts
Save Account
First Option Bank's Save Account is a transaction account. The figures are the ones First Option Bank publishes under the Consumer Data Right today. The advertised rate last moved on 4 June 2026, up from 3.30% to 3.55%.
Advertised rate
5.05%
headline tier
Tiers
3
current rate rows
Last moved
+0.25pp
4 June 2026
Advertised rate, last 30 days. Unchanged over the last 30 days.
5.05% is the 3.55% base plus a 1.50% welcome rate for 4 months, for new customers; 3.55% after that.
Every current rate (3)
| Tier | Rate |
|---|---|
| Variable, up to $2,000Save Account_Tier_1 | 0.75% |
| Introductory 4 monthsnew customers only; existing customers only | 1.50% |
| Variable, $2,000 to $2,000,000Save Account_Tier_2 | 3.55% |
Rate moves, last 30 days
Published fees
| Fee | Amount |
|---|---|
| Dormantrecurring | $75 |
| Ibtemplimitwhen it happens | $10 |
| Paper stat feerecurring | $2.50 |
| Membership admin feerecurring | $5 |
| Staff assist feeper transaction | $5 |
Other First Option Bank transaction accounts
Retirement Access 3.50%S11 Retirement Access 3.25%Cash Management 3.00%Super Cash Hub 0.75%Business Cash Hub 0.50%Bills Account 0.50%Special Purpose 0.50%Spend Account 0.05%
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Every First Option Bank rate · every transaction account rate compared · other lenders · this product in the explorer.