---
title: "First Saver Account — Bank First"
description: "Transaction & Savings Accounts from Bank First. Rates, fees, features and eligibility as published under Australia's Consumer Data Right."
canonical: https://www.cdrcompare.au/brands/bank-first/products/2e9788d2-636a-4c59-9f2b-1e23935028ff
source: "CDR Compare"
language: en-AU
last_updated: 2026-05-21T23:39:45.27857Z
---

# First Saver Account — Bank First

> Transaction & Savings Accounts from Bank First. Rates, fees, features and eligibility as published by the provider under Australia's Consumer Data Right, compared on CDR Compare.

**Transaction & Savings Accounts · Bank First Production**

Child Savings Account

## At a glance

- **Base rate:** 4.4%

## Apply

Applications are handled by the provider: [Apply at Bank First](https://form.bankfirst.com.au/account-application)

## Deposit rates

| Type | Rate | Applies to | Interest paid |
| --- | --- | --- | --- |
| Variable | 4.4% | First Saver Account_Tier_2 | every 3 months |
| Variable | 4.4% | First Saver Account_Tier_1 | every 3 months |

## Fees

| Fee | Type | Amount |
| --- | --- | --- |
| Account Keeping Fees — Charged monthly | Ongoing | $0.00 |
| Direct Entry Return Fee | Event | $2.50 |
| Direct Debit Stop Request | Event | $9.00 |
| Direct Debit Dishonour Fee | Dishonour | $15.00 |
| Statement Request | Enquiry | $0.00 |
| Coin Handling Fee — Handling of a coin deposit or withdrawal - $5 per every $100. | Event | $5.00 |
| Inactive Membership Fee — Charged yearly | Ongoing | $30.00 |

## Features

- **Other service related charges apply based on your circumstances**
- **Bill payment (BPAY)**
- **Bill payment (BPAY)** — Bpay
- **PayID**
- **Digital banking** (The minimum age to register for internet banking is 12 years old and the child must be a signatory on the account. However, a child that wants to register and is aged between 12-14 years old can be registered, so long as they have a parent/guardian attached to the account that is also is a signatory.)

## Eligibility

- **Maximum age** — 17 years (17 years or less)
- **Available to members only**

## More information from Bank First

- [Overview](https://www.bankfirst.com.au/bank-accounts/savings-accounts/first-saver)
- [Terms & conditions](https://www.bankfirst.com.au/disclosure-documents)
- [Eligibility](https://www.bankfirst.com.au/-/media/bankfirst/pdfs/termsandconditions/tc_part_a.pdf?la=en&hash=1BD3E51F84EC9362648BB08285FA0082715FEDB6)
- [Fees & pricing](https://www.bankfirst.com.au/-/media/bankfirst/pdfs/termsandconditions/tc_part_b.pdf?la=en&hash=172D55D317D95FDB13F24CDFDE6D3B6B2E7C7F37)

## Data provenance

- Published by Bank First under the Consumer Data Right
- Product ID: `2e9788d2-636a-4c59-9f2b-1e23935028ff`
- Last updated by the provider: 21 May 2026
- Source payload (JSON): https://www.cdrcompare.au/api/raw/bank-first/2e9788d2-636a-4c59-9f2b-1e23935028ff
- Provider page: https://www.cdrcompare.au/brands/bank-first
- CDR register entry: https://www.cdr.gov.au/find-a-provider?provider=000112

---

Source: [CDR Compare](https://www.cdrcompare.au/brands/bank-first/products/2e9788d2-636a-4c59-9f2b-1e23935028ff) — product data published by Australian data holders under the Consumer Data Right. Not financial advice; no rankings, recommendations or affiliate relationships. Always confirm details with the provider.

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