As of 20 Sept 2026, First Option Bank has 2 savings accounts in our dataset. The highest advertised rate is 5.55% p.a. on KIDS BONUS SAVER (up to $10,000), which requires you to deposit at least $5 each month and make no withdrawals during the month. Rates were last verified on 20 Sept 2026 against the bank's official product pages.
The bonus rate only applies up to the cap shown here.
How to get the best rate
Deposit at least $5 each month.
Make no withdrawals during the month.
Who can open it
Available up to age 17.
Conditions are assessed on a calendar-month basis.
SAVINGS + BONUS
Earn a 5.00% p.a. total variable rate (0.25% p.a. base + 4.75% p.a. bonus) on balances up to $250,000 each month you deposit at least $100 and make no withdrawals.