First Option Bank home loans

Promoted

Complete Package

Real Time Rating™
Owner Occupied
20% min deposit
P&I
Offset Account
Interest Rate

6.55%

p.a

Variable

Comparison Rate*

6.87%

p.a

Promoted

Simple Home Loan (Variable)

Real Time Rating™
Owner Occupied
40% min deposit
P&I
Extra repayments
Interest Rate

5.79%

p.a

Variable

Comparison Rate*

5.79%

p.a

Promoted

Simple Home Loan (Variable)

Real Time Rating™
Owner Occupied
30% min deposit
P&I
Extra repayments
Interest Rate

5.89%

p.a

Variable

Comparison Rate*

5.89%

p.a

Promoted

Simple Home Loan (Variable)

Real Time Rating™
Owner Occupied
20% min deposit
P&I
Extra repayments
Interest Rate

5.99%

p.a

Variable

Comparison Rate*

5.99%

p.a

First Option Bank personal loans

Promoted

VIP Personal Loan (existing HL customer)

Real Time Rating™
1 to 7 years
Unsecured
Variable Rate
No ongoing fees
Interest Rate

7.99%

p.a

Variable

Comparison Rate*

8.24%

p.a

Variable

Promoted

Personal Loan

Real Time Rating™
1 to 7 years
Unsecured
Variable Rate
No ongoing fees
Interest Rate

13.99%

p.a

Variable

Comparison Rate*

14.25%

p.a

Variable

First Option Bank car loans

Promoted

Car Loan

Real Time Rating™
$15k to $100k
1 to 7 years
New or used car
Fixed Rate
Interest Rate

10.99%

p.a

Fixed

Comparison Rate*

11.24%

p.a

Fixed

First Option Bank credit cards

Promoted

Low Rate Visa Credit Card

Apple, Google & Samsung Pay
Balance transfer
Low annual fee

special

Every time you spend money using your First Option Low-Rate Visa credit card you contribute 0.25% directly to funding biodiversity programs run by our program partners.
Purchase Rate

10.49%

p.a

Annual Fee

$0

for 12 months then $48 thereafter

First Option Bank savings accounts

Promoted

Bonus Saver

Real Time Rating™
Bonus interest with conditions
App banking
Online banking
Linked account required

*Deposit at least $100 per month and make no withdrawals

Maximum rate

3.25%*

p.a

Base rate

0.05%

p.a

Promoted

Kids Bonus Saver

Real Time Rating™
Bonus interest with conditions
App banking
Online banking

*Deposit at least $25 per month without making a withdrawal

Maximum rate

0.60%*

p.a

Base rate

0.05%

p.a

Promoted

Savings+Bonus

Real Time Rating™
Bonus interest with conditions
App banking
Online banking
Linked account required

*Deposit at least $100 each month and no withdrawals made each month

Maximum rate

4.75%*

p.a

Base rate

2.00%

p.a

Promoted

Retirement Access Saver

Real Time Rating™
App banking
Online banking
Maximum rate

2.50%

p.a

Base rate

2.50%

p.a

First Option Bank term deposits

Promoted

Regular Income Term Deposit

Real Time Rating™
12 months
Automatic maturity rollover
Joint application available
Interest rate

4.40%

p.a

for 12 months

Min. deposit

$25,000

Next rate increased
Max rate

4.40%

p.a

for 12 months

Promoted

Fixed Term Deposit

Real Time Rating™
3 months
Automatic maturity rollover
Joint application available
Interest rate

3.85%

p.a

for 3 months

Min. deposit

$25,000

Next rate increased

3.85%

p.a

for 3 months

Max rate

4.80%

p.a

for 12 months