First Option Bank
12 Month Regular Income Term Deposit
First Option Bank · term deposits
Provider last updated this product 2026-10-13.
Go to provider
You'll complete your application on
First Option Bank's website. Confirm the rate and fees with them
before applying.
Interest paid monthly
Deposit rates
| Type | Rate | Term | Calculated | Applies to | Conditions | Interest |
|---|---|---|---|---|---|---|
| FIXED | 5.25% | 12 months | daily | $25,000 - $9,999,999, 12 - 12 months | - | calculated daily, paid monthly |
Fees
| Fee | Type | Amount | Details |
|---|---|---|---|
| MEMBERSHIP_ADMIN_FEE | PERIODIC | $5 | - |
Rate history
The figures behind this chart
| From | Until | Rate |
|---|---|---|
| 2026-07-15 | 2026-10-12 | 5.15% |
| 2026-10-13 | 2026-10-26 (current) | 5.25% |
Published figures as captured daily since 2026-07-15. A step is the day the provider's published figure changed; days without a published figure carry the last published value.
Features
Who can apply
- natural personIndividual and Joint Accounts
- residency statusAustralian Residents
Limits
- min balance - 25000.00
- max balance - 2000000.00
The provider's own documents
- Product overview › (opens in a new tab)
- Terms and conditions › (opens in a new tab)
- Eligibility criteria › (opens in a new tab)
- Fees and pricing › (opens in a new tab)
Published by the provider under the Consumer Data Right. These are their documents, not ours - they are the authority on this product.
Last updated by data holder: 2026-10-13T09:41:55.000+11:00 · Product ID: 12MTH_REGULAR_INCOME