First Option BankKIDS BONUS SAVER
KIDS BONUS SAVER
Savings & transaction accountsBank updated 7 July 2026
At a glance
- Up to
- 5.55%
- Base rate
- 0.05%
- Bonus rate
- 5.50%
Rates
Every rate First Option Bank publishes for this account, 4 in all.
How the rate is made up
5.55%in a month every condition is met
0.05% base rate5.50% bonus, when its conditions are met
| Type | Applies to | Term | Band | Rate | Comparison | Conditions |
|---|---|---|---|---|---|---|
| Bonus | - | - | up to $10,000 | 5.50% | - | paid every 1 mo |
| Bonus | - | - | $10,000+ | 0.55% | - | paid every 1 mo |
| Variable | - | - | up to $10,000 | 0.05% | - | paid every 1 mo |
| Variable | - | - | $10,000+ | 0.05% | - | paid every 1 mo |
Features
PayIDDigital banking
Eligibility and limits
- Maximum age 17
- Residency: Australian Residents
- Available to individuals
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 7 July 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.