First Home Bonus Saver Account
Savings Account
- Base rate
- 0.05%
- Bonus rate
- 5%
- conditions apply
Deposit Rates
| Type | Rate | Applies To | Interest Paid |
|---|---|---|---|
| Variable | 0.05% | First Home Bonus Saver Account_Base Rate | monthly |
| Bonus | 5% | First Home Bonus Saver Account Bonus rate | monthly |
Fees
| Fee | Type | Amount |
|---|---|---|
| Inactive Membership Fee Charged yearly | Ongoing | $30.00 |
| Account Keeping Fees Charged monthly | Ongoing | $0.00 |
| Statement Request | Enquiry | $0.00 |
| Direct Entry Return Fee | Event | $2.50 |
| Direct Debit Stop Request | Event | $9.00 |
| Direct Debit Dishonour Fee | Dishonour | $15.00 |
| Overdrawn Account Fee Applies when your Transaction / Savings Account is overdrawn or the balance exceeds the limit of any Overdraft attached to the account at close of business and charged again at seven day increments if the balance remains overdrawn / limit exceeded. | Event | $15.00 |
| Coin Handling Fee Handling of a coin deposit or withdrawal - $5 per every $100. |
Features
- Cash back of $600 will be paid when a new home loan is funded by the Bank and the account was held for a minimum of twelve months with a balance of $5,000 maintained over three consecutive months immediately prior to lodging a home loan application with the Bank. See T&C for more information.
- Phone Banking is available
- Other service related charges apply based on your circumstances
- Bill payment (BPAY)
- Bill payment (BPAY) — Bpay
- PayID
- Digital banking
Eligibility
- Minimum age — 18 years
- Only one First Home Bonus Saver Account can be held
- Available to members only
- Only available to first home buyers who have never owned real estate (vacant land or a dwelling) in Australia
More Information
Published by Bank First under the Consumer Data Right · Last updated 15 June 2026 · Product ID 6512a9e8-baef-49b8-b8b2-ee2ee97ee50e · View on CDR.gov.au