The First Option Difference
For over 50 years, we have been providing Australians with great value banking products and personal service.
We prioritise your needs above all else to ensure you feel valued, respected and financially confident.
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Savings + Bonus
Earn up to
4.50% p.a.
On Balances up to $250,000
By depositing $100 per month & making no withdrawals
Terms and conditions apply
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Everyday Accounts
Our essential set of everyday banking accounts for your income, bills and everyday transactions.
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Kids
Accounts
Dedicated transaction and savings accounts for under-18’s to help them manage their money responsibly.
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Simple Home Loan
5.49% p.a.
Variable interest rate
5.49% p.a.
Comparison rate*
Owner Occupied. P&I. LVR <60%
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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
Whether it’s your first home, an upgrade or an investment, we have a home loan to suit your needs.
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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
How to Maximise Your Savings Using a Savings+Bonus Account
Saving money effectively is an important financial goal for many Australians, and one way to accelerate your savings is by…
How to Build a Personal or Family Budget
Creating a budget is one of the most effective ways to manage your finances, reduce stress, and achieve your financial…
First Option Bank variable loan rate decrease
First Option Bank will decrease variable home loan and commercial rates in response to the RBA’s recent decision to cut…
How to Safely and Securely Bank Online: A Guide to Protecting Your Finances
Online banking has revolutionised the way we manage our finances. With just a few clicks or taps, you can check…