The Finance Algorithm
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S11 RETIREMENT ACCESS

S11 Retirement Access Saver Account

Savings & transaction accountsBank updated 16 Apr 2026
Fees and pricing ↗Terms ↗

At a glance

Base rate
0.05%
Monthly fee
$5

Rates

Every rate First Option Bank publishes for this account, 3 in all.

TypeApplies toTermBandRateComparisonConditions
Variable--up to $5,0000.05%-paid every 1 mo
Variable--$5,000–$50,0003.00%-paid every 1 mo
Variable--$50,000+3.25%-paid every 1 mo

Fees

14 fees published, grouped by when they're charged.

While you hold it3

  • DORMANT
    $75 a year
  • MEMBERSHIP_ADMIN_FEE

    Membership Admin Fee

    $5 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
  • STAFF_ASSIST_FEE

    Staff=assisted transfer fee

    $5
  • VISAOVERSEASCONV
    2.00% of transaction

When particular things happen6

  • CARDREPLACEMENT
    $7.50
  • CHARGEBACK_DISPUTE
    $30
  • IBTEMPLIMIT
    $10
  • VISACOPYTRANVOUCHER
    $30
  • VISAEMERGCANCELDENIED
    $50
  • VISAEMERGOVERSEAS
    $175

Features

Instant paymentsPayIDDigital bankingGoogle, Apple Pay, Samsung Pay

Eligibility and limits

  • Minimum age 18
  • Residency: Australian Residents
  • Available to individuals

Published by First Option Bank under the Consumer Data Right, last changed by them on 16 Apr 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.