First Option Bank Bills Account
transaction accountstale
Bills Account is a transaction account from First Option Bank. It pays 0.50% p.a. with no bonus conditions.
Not ranked: a transaction (everyday) account, not a savings account.
Rate tiers
Every balance band in the bank's feed: base is the rate the bank pays.
| Balance | Base |
|---|---|
| $0+ | 0.50% |
One rate on every balance, with no upper limit.
Conditions
- not updated by the bank since 2026-06-30, before the Reserve Bank's cash rate rise of 4 November 2026; check its page, as the rate may have changed
Features
- card
- yes
- app
- yes
- Osko
- yes
- PayID
- yes
- BPAY
- yes
- notifications
- yes
- transactions
- unlimited
Fees, limits and who can open it
- monthly fee
- no monthly fee stated
- interest paid
- monthly
- interest calculated
- daily
- open to
- personal customers
Who can open it, in the bank's own words:
- residency: Australian Residents
About this account
Bills Account
Data
- First Option Bank's own page for this account.
- The bank's documents its product record links to: terms and conditions, fees, eligibility.
- Our verbatim snapshot of the bank's product record (source), as fetched on 22 October 2026.
/au/finance/savings-accounts/v1/brands/first-option-bank.json: this bank's accounts and every balance band as JSON; First Option Bank's page lists them.- The bank last updated this record on 30 June 2026. Rates are per annum as the bank states them; "stale" means the bank has not updated the record for over 60 days or since the latest cash rate change.
Other accounts at First Option Bank
- Bonus Saver savings account, 3.55% conditional at $50,000
- Christmas Saver savings account, 2.50% base at $50,000
- Kids Bonus Saver savings account, 1.84% conditional at $50,000
- Retirement Access savings account, 3.15% base at $50,000
- S11 Retirement Accessstale savings account, 2.71% base at $50,000
- Save Account savings account, 3.44% base at $50,000
- Savings + Bonus savings account, 5.25% conditional at $50,000
- Smart Start Access Saverstale savings account, 3.19% base at $50,000
- Special Purposestale savings account, 0.50% base at $50,000
- Business Cash Hub cash management account, 0.68% base at $50,000
- Cash Management cash management account, 2.43% base at $50,000
- Super Cash Hub cash management account, 0.90% base at $50,000
- Spend Accountstale transaction account, 0.05% base at $50,000
All of First Option Bank's accounts on its page, with its best rates per segment and rate kind, and every account at every bank.
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