S11 RETIREMENT ACCESS

Transaction & Savings AccountsFIRST OPTION BANKData Sharing Status

S11 Retirement Access Saver Account

Base rate: 3.25%

Deposit Rates

Type	Rate	Applies To	Interest Paid
Variable	0.05%	S11 RETIREMENT ACCESS_Tier_1	monthly
Variable	3%	S11 RETIREMENT ACCESS_Tier_2	monthly
Variable	3.25%	S11 RETIREMENT ACCESS_Tier_3	monthly

Fees

Fee	Type	Amount
BANK@POST_WDL −$3.00 — Bank@Post withdrawalEligibility: Maximum age: 21 · Introductory period: P3M · Other: If you have a mortgage at First Option you will not be charged this fee · Other: Maintain an aggregate balance > $25,000 across all your accounts	Transaction	$3.00
EFTPOS_FEE −$0.50 — EFTPOS Transaction ExemptionsEligibility: Maximum age: 21 · 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	$0.50
MEMBERSHIP_ADMIN_FEE Charged monthly −$5.00 — Membership Admin FeeEligibility: 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
OVERSEAS_ATM_WDL −$3.50 — Overseas ATM withdrawalEligibility: Maximum age: 21 · 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

Features

Card access: Visa Card
Digital wallet: Google, Apple Pay, Samsung Pay
Digital banking
PayID
Real-time payments (NPP)
Notifications: Email, SMS

Eligibility

Minimum age — 18 years
Pension recipients
Residency statusAustralian Residents
Individuals only

More Information

Published by First Option Bank under the Consumer Data Right · Last updated 16 April 2026 · Product ID S11_RETIREMENT_ACCESS · View on CDR.gov.au · View Source Data (JSON)