The Finance Algorithm
First Option Bank

12 MONTH FIXED TERM

Interest Paid at Maturity

Term depositsBank updated 18 June 2026
At a glance
Best rate
5.30% for 13m
Min deposit
$1,000
§ 01 — Rates · 1
TypeApplies toTermBandRateComparisonConditions
Fixed13 mo$1,000–$2,000,0005.30%paid at maturity
§ 02 — Fees · 1
FeeTypeAmountWhenNotes
MEMBERSHIP_ADMIN_FEEPeriodic$5Every 1 moMembership Admin Fee
§ 03 — Features
Digital banking
§ 04 — Eligibility & limits
  • · Residency: AUSTRALIAN RESIDENTS
  • · Available to individuals
  • · Minimum balance $1,000

Published by First Option Bank under the Consumer Data Right, last changed by them on 18 June 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.