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First Home Bonus Saver

  • Bonus interest with conditions
  • App banking
  • Online banking

Maximum rate p.a.

4.60%*

Base rate p.a.

0.05%

First Home Bonus Saver

  • Bonus interest with conditions
  • App banking
  • Online banking

Maximum rate p.a.

4.60%*

Base rate p.a.

0.05%

Pros and Cons

For First Home Bonus Saver

Benefits

  • Maximum interest rate ranked in the best 20% (conditions may apply)
  • Ongoing bonus interest (conditions apply)
  • No ongoing account fees
  • No minimum balance

Drawbacks

    Bank First Rate Savings Account overview

    For First Home Bonus Saver

    Account Details

    Maximum rate p.a.

    4.60%*

    Minimum age restrictions

    18

    Base rate p.a.

    0.05%

    Maximum age restrictions

    Maximum rate condition

    *make deposits totalling a minimum of $100 and ...

    Minimum opening deposit

    $0

    Interest calculation method

    Whole Balance

    Target Market Determination

    Visit Bank First - Victoria Teachers Limited to view Target Market Determination.

    Features

    Joint application available

    Is online only

    Linked account required

    Methods of Access

    Internet facility

    ATM access

    Phone facility

    Eftpos facility

    Branch access

    App

    App only

    Fees

    Account keeping fees

    $0

    Eftpos fee

    $0

    ATM withdrawal fee

    $0

    Overseas eftpos fee

    $0

    Internet transaction fee

    $0

    Over the counter deposit fee

    $0

    Phone transaction fee

    $0

    Over the counter withdrawal fee

    $0

    Other Restrictions

    Only for clients who are saving to purchase or build a first home and who have not previously owned real estate in Australia