The Finance Algorithm
Bank First Production

Strong Start Saver

Savings account (15-35years inclusive)

Savings & transaction accountsBank updated 2 Sept 2026
At a glance
Base rate
4.25%
Monthly fee
$0
§ 01 — Rates · 2
TypeApplies toTermBandRateComparisonConditions
Variable$1,000,000+4.25%paid every 1 mo
Variable$150,000–$250,0005.40%paid every 1 mo
§ 02 — Fees · 9
FeeTypeAmountWhenNotes
Direct Debit Dishonour FeeDishonour$15
Statement RequestEnquiryNo fee
Coin Handling FeeEvent$5Handling of a coin deposit or withdrawal - $5 per every $100.
Direct Debit Stop RequestEvent$9
Direct Entry Return FeeEvent$2.50
Overdrawn Account FeeEvent$15Applies when your Transaction / Savings Account is overdrawn or the balance exceeds the limit of any Overdraft attached to the account at close of business and charged again at seven day increments i…
Account Keeping FeesPeriodicNo feeEvery 1 mo
Inactive Membership FeePeriodic$30Every 1 yr
Non- Individual Membership Establishment FeeUpfront$50Applies when a Non-Individual membership is established
§ 03 — Features
PayIDDigital banking
  • · Phone Banking is available
  • · Other service related charges apply based on your circumstances
§ 04 — Eligibility & limits
  • · Minimum age 15
  • · Maximum age 35
  • · Available to members only

Published by Bank First under the Consumer Data Right, last changed by them on 2 Sept 2026. Figures are shown as the institution publishes them and can change without notice; confirm on their site before applying. The Finance Algorithm earns nothing from any product listed here.