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First Option Bank · Transaction accounts

Spend Account

First Option Bank's Spend Account is a transaction account. The figures are the ones First Option Bank publishes under the Consumer Data Right today. The advertised rate has not moved since we began tracking it.

Advertised rate
0.05%
headline tier
Tiers
2
current rate rows
Last moved
Never
since tracking began
0.05%5 October 20264 November 2026

Advertised rate, last 30 days. Unchanged over the last 30 days.

Every current rate (2)

TierRate
Variable0.05%
Variable, $4 and overSpend Account_Tier_213.99%

Rate moves, last 30 days

No rate moved on this product in the last 30 days.

Published fees

FeeAmount
EFTPOS feeper transaction$0.50
Membership admin feerecurring$5
Paper stat feerecurring$2.50
Bank@post wdlper transaction$3
Overseas ATM wdlper transaction$3.50
CARDREPLACEMENTwhen it happens$7.50
Chargeback disputewhen it happens$30
Overseas ATM wdlper transaction$3.50
Paper stat feerecurring$2.50
VISACOPYTRANVOUCHERwhen it happens$30
VISAEMERGCANCELDENIEDwhen it happens$50
VISAEMERGOVERSEASwhen it happens$175

Other First Option Bank transaction accounts

Save Account 5.05%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%

Get an email the morning First Option Bank moves this rate.

Every First Option Bank rate · every transaction account rate compared · other lenders · this product in the explorer.