Why refinance? Dr Steve has some simple advice about why you might want to refinance your home loan…Simple home loansAt some (life) stage you will probably want a home loan with offset attached. But if you don’t need it now, why pay for it? With a Simple home loan you get brilliant benefits including free redraw, extra repayments and a suite of personal banking tools like linked accounts, online/mobile banking, electronic payments (ApplePay/GooglePay) and Visa debit cards.Low-rate, fee-free credit cardInterest …

Environmental RewardsWe believe as strongly as many of you do that change can be led by businesses when governments act too slowly and we love working with like-minded organisations who just do good work without making a big fuss… so we set-up this program in the same spirit. The model is super simple: when you spend money using your First Option Low-Rate Visa credit card you contribute directly to funding positive change programs that our partners run. We keep a track of …

A special savings account with big interest for small people This dedicated high-interest savings account is just for kids, designed to help them save up for something they want. New under-18 memberships will get a kids’ moneybox to help them keep coins to deposit into their new accounts.* Deposit a minimum of $5 per month (that’s pocket money!) without making a withdrawal and earn bonus interest up to 5.55% p.a. on balances up to $5,555.  Kids’ Bonus Saver accounts can …

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A special savings account with big interest for small people A dedicated high-interest savings account exclusively for under-18 members, designed to help kids save up for something they want.   Deposit a minimum of $5 per month (pocket money!) without making a withdrawal and you will earn 5.55% p.a. interest on balances up to $5,555.   5.55% p.a. is the total of the base interest rate (0.05% p.a.) plus the bonus interest rate (5.50% p.a.). Kids’ Bonus Saver accounts can …

Call usMember Service CentreAustralia: 1300 855 675Outside Australia – +61 3 9869 8700Email [email protected] officeFirst Option Bank LimitedABN 95 087 650 735AFS License No. 236 509Australian Credit License 236 509Level 6, 574 St Kilda RoadMelbourne VIC 3004Postal Address:P.O Box 7063, Melbourne VIC 3004Lost or stolen cardsTo report a lost, stolen or damaged card: Login to your First Option App, go to ‘Manage Cards’ and follow the prompts to cancel your card. Alternatively, cancel your card in Internet Banking or call …

A special savings account with big interest for small people A dedicated high-interest savings account exclusively for under-18 members, designed to help kids save up for something they want.   Deposit a minimum of $5 per month (pocket money!) without making a withdrawal and you will earn 5.55% p.a. interest on balances up to $5,555.   5.55% p.a. is the total of the base interest rate (0.05% p.a.) plus the bonus interest rate (5.50% p.a.). Kids’ Bonus Saver accounts can …

Earn 5% p.a. interest on your at-call savings!* 2.00% p.a. variable interest is the base Savings rate up to $250,000 3.00% p.a. +Bonus interest is earned when you deposit at least $100 in a month and make no withdrawals Interest rates are ongoing, not just for a time-limited introduction Includes First Option Bank membership with linked Spend and Bills accounts for better personal budgeting A $5 monthly membership fee will not apply if your total account balances with us exceed …