At a glance
- Best rate
- 5.25% for 8m
- 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 | - | 8 mo | $1,000–$2,000,000 | 5.25% | - | paid at maturity |
Rate changes
One change logged, newest first.
| Date | Rate | Was | Now | Change |
|---|---|---|---|---|
| 13 Oct 2026 | Fixed, 8 mo, $1,000–$2,000,000 | 5.10% | 5.25% | up 0.15 |
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.
Features
Digital banking
Eligibility and limits
- Residency: Australian Residents
- Available to individuals
- Minimum balance $1,000
Compare it with others
Put this product through a calculator
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.