At a glance
- Base rate
- 0.00%
- Monthly fee
- $5
Rates
Every rate First Option Bank publishes for this account, 3 in all.
| Type | Applies to | Term | Band | Rate | Comparison | Conditions |
|---|---|---|---|---|---|---|
| Variable | - | - | - | 0.05% | - | paid every 1 mo; Existing cust; New customer |
| Variable | - | - | up to $4 | 0.00% | - | Existing cust; New customer |
| Variable | - | - | $4+ | 13.99% | - | Existing cust; New customer |
Fees
13 fees published, grouped by when they're charged.
While you hold it3
- MEMBERSHIP_ADMIN_FEE
Membership Admin Fee
$5 a month - PAPER_STAT_FEE
Paper Statement Fee
$2.50 a month - PAPER_STAT_FEE
Paper Statement Fee
$2.50 a month
When you make a transaction5
- BANK@POST_WDL
Bank@Post withdrawal
$3 - EFTPOS_FEE
EFTPOS Transaction Exemptions
$0.50 - OVERSEAS_ATM_WDL
Overseas ATM withdrawal
$3.50 - OVERSEAS_ATM_WDL
Overseas ATM withdrawal
$3.50 - VISAOVERSEASCONV2.00% of transaction
When particular things happen5
- CARDREPLACEMENT$7.50
- CHARGEBACK_DISPUTE$30
- VISACOPYTRANVOUCHER$30
- VISAEMERGCANCELDENIED$50
- VISAEMERGOVERSEAS$175
Features
Instant paymentsPayIDDigital bankingUnlimited transactionsOverdraftGoogle, Apple Pay, Samsung Pay
Eligibility and limits
- 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 21 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.