---
title: "CHRISTMAS 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/CHRISTMAS_SAVER
source: "CDR Compare"
language: en-AU
last_updated: 2026-06-02T12:27:57.000+10:00
---

# CHRISTMAS 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**

CHRISTMAS SAVER

## At a glance

- **Base rate:** 2.25%

## Apply

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

## Deposit rates

| Type | Rate | Applies to | Interest paid |
| --- | --- | --- | --- |
| Variable (Existing customers only · New customers only) | 2.25% | — | monthly |

## Fees

| Fee | Type | Amount |
| --- | --- | --- |
| 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 |
| XMASSAVEREARLYWDL | Withdrawal | $10.00 |

## Features

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

## Eligibility

- **Individuals only** (Individual & Joint Accounts)
- **Residency status** (Australian Residents)

## 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: `CHRISTMAS_SAVER`
- Last updated by the provider: 2 June 2026
- Source payload (JSON): https://www.cdrcompare.au/api/raw/first-option-bank/CHRISTMAS_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/CHRISTMAS_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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