The Finance Algorithm

At a glance

Best rate
4.90% for 3m
Min deposit
$1,000

Rates

The one rate First Option Bank publishes for this term deposit.

TypeApplies toTermBandRateComparisonConditions
Fixed-3 mo$1,000–$2,000,0004.90%-paid at maturity

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

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.