---
title: "Bonus Saver — First Option Bank"
description: "Transaction & Savings Accounts from First Option Bank. Rates, fees, features and eligibility as published under Australia's Consumer Data Right."
canonical: https://www.cdrcompare.au/brands/first-option-bank/products/BONUS_SAVER
source: "CDR Compare"
language: en-AU
last_updated: 2026-06-10T09:47:02.000+10:00
---

# Bonus Saver — First Option Bank

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

**Transaction & Savings Accounts · FIRST OPTION BANK**

Bonus Saver Account

## At a glance

- **Base rate:** 0.05%
- **Bonus rate:** 3.25% (conditions apply)

## Apply

Applications are handled by the provider: [Apply at First Option Bank](https://firstoptionbank.com.au/join/)

## Deposit rates

| Type | Rate | Applies to | Interest paid |
| --- | --- | --- | --- |
| Variable | 0.05% | Bonus Saver_Tier_1 | monthly |
| Variable | 0.05% | Bonus Saver_Tier_2 | monthly |
| Bonus | 3.25% | Bonus Saver_Tier_1 | monthly |
| Bonus | 3.25% | Bonus Saver_Tier_2 | monthly |

## Fees

| Fee | Type | Amount |
| --- | --- | --- |
| STAFF_ASSIST_FEE — Discount −$5.00 — Staff=assisted transfer fee (eligibility: Maximum age: 21; Minimum age: 65; Introductory period: P3M; Other: If you have a mortgage at First Option you will not be charged this fee; Other: Maintain an aggregate balance over $25,000 across all your accounts) | Transaction | $5.00 |
| MEMBERSHIP_ADMIN_FEE — Charged monthly · Discount −$5.00 — Membership Admin Fee (eligibility: Maximum age: 21; Introductory period: P3M; Other: If you have a credit card at First Option you will not be charged this fee; Other: Maintain an aggregate balance over $1,000 across all your accounts) | Ongoing | $5.00 |
| PAPER_STAT_FEE — Charged monthly · Discount −$2.50 — Paper Statement Fee (eligibility: Maximum age: 21; Minimum age: 65; Introductory period: P3M; Other: If you have a mortgage at First Option you will not be charged this fee; Other: Maintain an aggregate balance over $25,000 across all your accounts) | Ongoing | $2.50 |
| IBTEMPLIMIT | Event | $10.00 |
| DORMANT — Charged yearly | Ongoing | $75.00 |

## Features

- **Digital banking**
- **Real-time payments (NPP)**
- **PayID**
- **Notifications** (Email, SMS)

## Eligibility

- **Residency status** (Australian Residents)
- **Individuals only**
- **Minimum age** — 16 years

## More information from First Option Bank

- [Overview](https://firstoptionbank.com.au/accounts/)
- [Terms & conditions](https://firstoptionbank.com.au/disclosure-statements/)
- [Eligibility](https://firstoptionbank.com.au/disclosure-statements/)
- [Fees & pricing](https://firstoptionbank.com.au/disclosure-statements/)

## Data provenance

- Published by First Option Bank under the Consumer Data Right
- Product ID: `BONUS_SAVER`
- Last updated by the provider: 9 June 2026
- Source payload (JSON): https://www.cdrcompare.au/api/raw/first-option-bank/BONUS_SAVER
- Provider page: https://www.cdrcompare.au/brands/first-option-bank
- CDR register entry: https://www.cdr.gov.au/find-a-provider?provider=000042

---

Source: [CDR Compare](https://www.cdrcompare.au/brands/first-option-bank/products/BONUS_SAVER) — 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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