Save Account
SAVE ACCOUNT
- Base rate
- 3.55%
- Intro rate
- 2%
- conditions apply
Deposit Rates
| Type | Rate | Applies To | Interest Paid |
|---|---|---|---|
| Introductory | 2% | — | monthly |
| Variable | 0.75% | Save Account_Tier_1 | monthly |
| Variable | 3.55% | Save Account_Tier_2 | monthly |
Fees
| Fee | Type | Amount |
|---|---|---|
| DORMANT Charged yearly | Ongoing | $75.00 |
| IBTEMPLIMIT | Event | $10.00 |
| PAPER_STAT_FEE Charged monthly
| Ongoing | $2.50 |
| MEMBERSHIP_ADMIN_FEE Charged monthly
| Ongoing | $5.00 |
STAFF_ASSIST_FEE
| Transaction | $5.00 |
Features
- Digital banking
- Notifications
- Email and SMS
- PayID
- Real-time payments (NPP)
Eligibility
- Residency statusAustralian Residents
- Individuals only
Bundles
ESSENTIALS
Essentials - the account structure that works
Our Pay, Bills and Save structure encourages disciplined money management
More Information
Published by First Option Bank under the Consumer Data Right · Last updated 7 July 2026 · Product ID SAVE_ACCOUNT · View on CDR.gov.au