At a glance
- Base rate
- 0.50%
- Monthly fee
- $10
Rates
The one rate First Option Bank publishes for this account.
| Type | Applies to | Term | Band | Rate | Comparison | Conditions |
|---|---|---|---|---|---|---|
| Variable | - | - | - | 0.50% | - | paid every 1 mo |
Fees
5 fees published, grouped by when they're charged.
While you hold it3
- BUSINESSMBRSHIP
Business Membership fee
$10 a month - DORMANT$75 a year
- PAPER_STAT_FEE
Paper Statement Fee
$2.50 a month
When you make a transaction1
- STAFF_ASSIST_FEE
Staff=assisted transfer fee
$5
When particular things happen1
- IBTEMPLIMIT$10
Features
Instant paymentsPayIDDigital banking
Eligibility and limits
- Residency: Australian Residents
- Available to businesses
Compare it with others
Put this product through a calculator
Published by First Option Bank under the Consumer Data Right, last changed by them on 2 June 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.