---
title: "Over 55's Account — Family First"
description: "Transaction & Savings Accounts from Family First. Rates, fees, features and eligibility as published under Australia's Consumer Data Right."
canonical: https://www.cdrcompare.au/brands/family-first/products/f7289c44-a189-4d95-91cd-c6bb06eb7917
source: "CDR Compare"
language: en-AU
last_updated: 2026-03-31T02:51:17.528459Z
---

# Over 55's Account — Family First

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

**Transaction & Savings Accounts · FF PM Production**

A highly competitive savings account designed especially for members aged 55 and over.

## At a glance

- **Base rate:** 2.5%

## Apply

Applications are handled by the provider: [Apply at Family First](https://familyfirst.com.au/contact-us/)

## Deposit rates

| Type | Rate | Applies to | Interest paid |
| --- | --- | --- | --- |
| Variable | 2.5% | S5 OVER 55's ACCOUNT_Tier_2 | every 3 months |
| Variable | 1.4% | S5 OVER 55's ACCOUNT_Tier_1 | every 3 months |

## Fees

| Fee | Type | Amount |
| --- | --- | --- |
| Over the Counter Fee — Applies per cash withdrawal and/or member cheque encashment | Transaction | — |
| Domestic ATM Transaction — Applies per ATM transaction | Transaction | — |
| Copies of a Statement/Transaction Listing — This fee applies when requesting a copy of a statement or transactional listing | Event | — |
| Direct Debit Dishonour Fee — Where a direct debit request is rejected by us due to insufficient funds in your account a Dishonour Fee will apply | Event | — |
| EFTPOS Transaction — Applies per transaction | Transaction | — |
| Bank@Post Transaction Fee — A fee applies when you complete a withdrawal or deposit to your account through a Bank@Post outlet. This fee is also applicable if your transaction is declined. | Transaction | — |
| Duplicate Deposit Book — This fee applies when requesting a duplicate deposit book | Event | — |
| Dormancy Fee (after 2 years of inactivity) — An annual fee after two years of account inactivity | Event | — |
| Special Clearance Cheque — A fee when obtaining a special answer of a cheque | Event | — |
| VISA Chargeback Request — Applies per request | Event | — |
| IPEX (Transfer to another Financial Institution — Swift transfer to another financial institution | Event | — |
| Banklink - Load/Delete Clients — This fee applies when loading a client to Banklink or removing them | Event | — |
| Copy of a Cheque — This fee applies when requesting a copy fo a cheque | Event | — |
| Staff Assisted transfer on Family e-Saver Account — This fee applies when a transfer from an e-Saver Account is processed by a Family First staff member | Event | — |
| Domestic ATM Enquiry/Declined Transaction — Applies per ATM enquiry and/or when a transaction is declined | Transaction | — |
| VISA Cash Advance/Overseas ATM — Applies per VISA cash advance and/or when using an ATM located internationally | Transaction | — |
| Stop Payment on Member's Cheque which is subsequently dishonoured — A fee payable when a cheque is dishonoured after being stopped | Event | — |
| Bank Cheque — This fee applies when ordering a Bank Cheque | Event | — |
| NAB Deposit Fee — This fee applies to deposits with NAB | Event | — |
| Cash Passport Commission — 1.00% commision on the amount loaded to the card | Event | — |
| Direct Debit Honour Fee (Account Overdraws) — Where a direct debit is paid but the balance of the account is overdrawn by the approval | Event | — |
| Cheque Book - 100 leaf — Per 100 leaf cheque book | Event | — |
| Cash Withdrawal Fee (per $2,000 or part thereof) — This fee applies per $2,000 or poart thereof cash withdrawal | Variable | — |
| Branch Cheque Withdrawal — Applies when processing a Branch Cheque Withdrawal | Transaction | — |
| Currency Conversion Fee — The cost for conversion of overseas cash/cheques | Transaction | — |
| Branch Cheque Deposit — Applies when depositing a cheque | Transaction | — |
| Member Cheque Dishonour Fee — A fee payable per cheque dishonour | Event | — |
| Cheque Collection — Applies per cheque sent for collection | Transaction | — |
| VISA Voucher Retrieval per voucher — Applies per voucher | Event | — |
| Bulk Coin Handling Fee (per $100 or part thereof) — This fee applies to handling bulk coin | Variable | — |
| Cheque Book - 50 leaf — Per 50 leaf cheque book | Event | — |
| Providing the original of a Cheque/Voucher — This fee applies when requesting an original cheque/voucher | Event | — |
| Voucher Search - per item — This fee applies when requesting a search for a voucher | Event | — |
| Returned EFT Payment Fee — This fee applies when an EFT is returned | Event | — |
| Bank Audit Certificate — This fee applies when a Bank Audit Certificate is required | Event | — |
| Quick Debit Dishonour Fee — Where a quick debit request is rejected by us due to insufficient funds in your account a dishonour fee will apply | Event | — |
| External Periodic Payment by Cheque/Bulk Payee/Periodic Payment/Branch External Transfer to another Financial Institution — Applies when sending money to another financial institution | Transaction | — |
| Monthly VISA Debit Card Fee — Monthly Fee | Ongoing | — |
| Christmas Club - Early Withdrawal — Early withdrawal fee of funds from a Christmas Club Account | Event | — |
| Overseas Transfers/Drafts/Cash Passports — At cost | Event | — |
| Security Postage — This fee applies when security postage is required | Event | — |
| Replacement of Lost VISA Debit Card - Overseas — Applies when a VISA Debit Card is replaced whilst overseas - note fee is in USD | Event | — |
| Cheque Book - 25 leaf — Per 25 leaf cheque book | Event | — |
| IPEX (Inward deposit from another Financial Institution — Swift transfer into an account from another financial institution | Event | — |
| Banklink - Annual Fee — Charged yearly · Annual fee for Banklink service | Ongoing | — |
| Trace to Other Bank — This fee applies when requesting a trace | Event | — |
| Replacement of Lost VISA Debit Card — Applies when replacing a lost VISA Debit Card | Event | — |

## Features

- **Card access**
- **Additional cards**
- **Digital banking**
- **PayID**
- **Real-time payments (NPP)**
- **Account participates in the relationship balance fee rebate scheme**

## Eligibility

- **Minimum age** — 55 years

## Constraints

- **Opening balance** — $1.00

## More information from Family First

- [Overview](https://familyfirst.com.au/savings/savings-accounts/)
- [Terms & conditions](https://familyfirst.com.au/about-us/disclosure-statements/)
- [Eligibility](https://familyfirst.com.au/wp-content/uploads/2024/04/Family-First-TMD-Over-55-Account-April-2024.pdf)
- [Fees & pricing](https://familyfirst.com.au/fees-charges/)

## Data provenance

- Published by Family First under the Consumer Data Right
- Product ID: `f7289c44-a189-4d95-91cd-c6bb06eb7917`
- Last updated by the provider: 31 March 2026
- Source payload (JSON): https://www.cdrcompare.au/api/raw/family-first/f7289c44-a189-4d95-91cd-c6bb06eb7917
- Provider page: https://www.cdrcompare.au/brands/family-first
- CDR register entry: https://www.cdr.gov.au/find-a-provider?provider=000187

---

Source: [CDR Compare](https://www.cdrcompare.au/brands/family-first/products/f7289c44-a189-4d95-91cd-c6bb06eb7917) — 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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