For over 60 years, we have provided friendly service, competitive rates, and real support — make First Option Bank your first choice for banking.
Mortgages
First Option has a range of home and investment loans to suit your needs.
Savings + Bonus
Earn up to 4.25% p.a.
On Balances up to $250,000. Just deposit $100 with no withdrawals each month.
Kids Bonus Saver
Kids Earn up to 4.80%
Savings + Bonus
4.25% p.a.
On Balances up to $250,000
By depositing $100 per month & making no withdrawals
Terms and conditions apply
Everyday Accounts
Our essential set of everyday banking accounts for your income, bills and everyday transactions.
Kids
Accounts
Dedicated transaction and savings accounts for under-18’s to help them manage their money responsibly.
Simple Home Loan
Variable interest rate
Comparison rate*
Owner Occupied. P&I. LVR <60%
WARNING : This comparison rate is true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate
Home Loans
Accessing Your Money
Internet banking & mobile apps
Free transactions at any of the Big 4 bank’s ATMs
Apple & Google Pay
Counter Service at 3,500 Australia Post locations
We’re Here to Help
Better banking
Understanding home loans
Managing your money
Buy now pay later v credit cards
News and updates
Telopea Downs in 2026
Your Complete Guide to Buying Your First Home
First Option Bank Kids Bonus Saver Recognised as Highly Commended in the Finder Banking Awards 2026
