First Option Bank24 Month Business Fixed Term Deposit
24 MTH FIXED TERM BUS
Term depositsBank updated 13 Oct 2026
At a glance
- Best rate
- 4.80% for 24m
- Min deposit
- $1,000
Rates
The one rate First Option Bank publishes for this term deposit.
| Type | Applies to | Term | Band | Rate | Comparison | Conditions |
|---|---|---|---|---|---|---|
| Fixed | - | 2 yrs | $1,000–$9,999,999 | 4.80% | - | paid every 1 yr |
Rate changes
One change logged, newest first.
| Date | Rate | Was | Now | Change |
|---|---|---|---|---|
| 14 Oct 2026 | Fixed, 2 yrs, $1,000–$9,999,999 | 4.55% | 4.80% | up 0.25 |
Each change is logged the night it appears in the rates First Option Bank publishes. See how every lender answered the RBA on the rate tracker.
Fees
One fee published, grouped by when they're charged.
While you hold it1
- BUSINESSMBRSHIP
Business Membership fee
$10 a month
Features
Digital banking
Eligibility and limits
- Residency: Australian Residents
- Available to businesses
- Minimum balance $1,000
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Published by First Option Bank under the Consumer Data Right, last changed by them on 13 Oct 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.