First Option Bank6 Month Regular Income Term Deposit
Interest Paid Monthly
Term depositsBank updated 4 June 2026
At a glance
- Best rate
- 0.05% for 6m
- Min deposit
- $25,000
How it compares
This term deposit in ink, against the best that every other institution publishes for anyone to apply for. Each figure is counted the same way for all of them.
| Rate | This term deposit | Best anywhere | Typical institution | Where it sits |
|---|---|---|---|---|
| 6-month term depositBest rate for 6 months | 0.05% | 5.47%Heartland Bank's Broker Term Deposit | 5.10%of 63 institutions | 63rd highest of 63 |
Rates
Every rate First Option Bank publishes for this term deposit, 4 in all.
| Type | Applies to | Term | Band | Rate | Comparison | Conditions |
|---|---|---|---|---|---|---|
| Fixed | - | 6 mo | $25,000–$25,000 | 0.05% | - | paid every 1 mo |
| Fixed | - | 6 mo | $25,000–$250,000 | 0.05% | - | paid every 1 mo |
| Fixed | - | 6 mo | $250,000–$500,000 | 0.05% | - | paid every 1 mo |
| Fixed | - | 6 mo | $500,000–$500,000 | 0.00% | - | paid every 1 mo |
Fees
One fee published, grouped by when they're charged.
While you hold it1
- MEMBERSHIP_ADMIN_FEE
Membership Admin Fee
$5 a month
Features
Digital banking
Eligibility and limits
- Residency: Australian Residents
- Available to individuals
- Minimum balance $25,000
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Published by First Option Bank under the Consumer Data Right, last changed by them on 4 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.