The Finance Algorithm
First Option Bank

Smart Start Access Saver

SMART START ACCESS SAV

Savings & transaction accountsBank updated 7 Sept 2026
At a glance
Base rate
0.05%
Monthly fee
$7.50
§ 01 — Rates · 2
TypeApplies toTermBandRateComparisonConditions
Variableup to $1,0000.05%paid every 1 mo
Variable$1,000+3.25%paid every 1 mo
§ 02 — Fees · 6
FeeTypeAmountWhenNotes
MEMBERSHIP_ADMIN_FEEPeriodic$5Every 1 moMembership Admin Fee
PAPER_STAT_FEEPeriodic$2.50Every 1 moPaper Statement Fee
BANK@POST_WDLTransaction$3Bank@Post withdrawal
EFTPOS_FEETransaction$0.50EFTPOS Transaction Exemptions
OVERSEAS_ATM_WDLTransaction$3.50Overseas ATM withdrawal
STAFF_ASSIST_FEETransaction$5Staff=assisted transfer fee
§ 03 — Features
Instant paymentsPayIDDigital bankingGoogle, Apple Pay, Samsung Pay
§ 04 — Eligibility & limits
  • · Minimum age 13
  • · Maximum age 24
  • · Residency: Australian Residents
  • · Available to individuals

Published by First Option Bank under the Consumer Data Right, last changed by them on 7 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.