The Finance Algorithm
First Option Bank

12 MTH FIXED TERM BUSINESS

Interest Paid at Maturity

Term depositsBank updated 1 July 2026
At a glance
Best rate
5.10% for 12m
12 months
5.10%
Min deposit
$1,000
§ 01 — Rates · 1
TypeApplies toTermBandRateComparisonConditions
Fixed1 yr$1,000–$9,999,9995.10%paid at maturity
§ 02 — Fees · 1
FeeTypeAmountWhenNotes
BUSINESSMBRSHIPPeriodic$10Every 1 moBusiness Membership fee
§ 03 — Features
Digital banking
§ 04 — Eligibility & limits
  • · Residency: Australian Residents
  • · Available to businesses
  • · Minimum balance $1,000

Published by First Option Bank under the Consumer Data Right, last changed by them on 1 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.