Business Bonus Saver

High-interest savings accounts for Your Business

Earn excellent interest on your additional cash, but keep it available for if you need it. At-call balances earn 4.65% p.a. interest up to $2 million so long as you deposit a minimum of $1,000 per month.

This is a high-interest online savings account so whilst you'll have online access to deposit, withdraw, transfer money to/from it... there is no Visa card access to the account. 

You transfer money in... it earns high interest... you transfer it out if you need it. 

If some months you don't meet the bonus interest earning requirements* you'll still get 0.5% p.a. interest on balances up to $2 million. 

The Australian Government guarantees aggregated deposits of up to A$250,000 with Australian authorised deposit-taking institutions, and First Option Bank certainly is one. 

*Bonus interest eligibility requirements: balance between $1 and $2,000,000, a minimum monthly deposit of $1,000 and no  withdrawals


Variable interest on at-call balances up to $2m

Email for info


Industry-leading interest rates on at-call balances to $2m 

Internet and mobile app banking access 

Deposit $1k with no withdrawals to trigger bonus interest each month

PayID for easy account identification 

Talk to the team:  1300 855 675  (9am - 4:30pm, Mon-Fri) 

Business Term Deposits

Highest-interest options to lock away some surplus funds

Term deposits often offer the best possible interest earning potential for your excess money. Lock away funds you don't need now for a fixed period between 3 months and 2 years and get great rates. You can access it mid-term if you really need to...  but that will usually cost you some (or all) of the interest earned.

There are no fees to set-up a term deposit or at the conclusion of the term when you can roll it over for a new term, with your earned interest, or move it into a Business Bonus Saver account to keep it 'at-call'. 


Interest on a 12 month standard deposit of $250,000 or more