First Option Bank Smart Start Access Saver
savings accountage limitedstaleterms checked
Smart Start Access Saver is a savings account from First Option Bank. At $50,000 it pays 3.19% p.a. with no bonus conditions.
Rate tiers
Every balance band in the bank's feed: base is the rate the bank pays.
| Balance | Base |
|---|---|
| $0 – $1,000stepped: paid on the part of the balance in this band | 0.05% |
| $1,000.01+stepped: paid on the part of the balance in this band | 3.25% |
The rates are stepped: each band's rate is paid on the part of the balance that falls in it, so a balance across several bands earns a blend of them.
Conditions
- not updated by the bank since 2026-09-07, before the Reserve Bank's cash rate rise of 4 November 2026; check its page, as the rate may have changed
- ages 13 to 24
- from age 12; the account can be kept for life after turning 25
- you must be eligible to join First Option Bank as a member (by employer or industry, family relation of a member, former member or board-approved affinity) before opening
Features
- card
- yes
- app
- yes
- Osko
- yes
- PayID
- yes
- notifications
- yes
Fees, limits and who can open it
- monthly fee
- no monthly fee stated
- interest paid
- monthly
- interest calculated
- daily
- age
- ages 13 to 24
- open to
- personal customers
- age limited
- open only to people of certain ages (kids, youth or seniors accounts)
Who can open it, in the bank's own words:
- age 24 and under
- residency: Australian Residents
About this account
SMART START ACCESS SAV
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.
- We read the bank's own page and terms against this page on 1 November 2026: Deposit-Account-Interest-Rates-October-2026.pdf, 0626-Summary-of-Account-and-Access-Facilities.pdf, MembershipAccounts-Fees-Charges-2026.pdf, disclosure-statements, deposit-rates, join, about-us, conditions-of-use, high-interest-savings, kids-banking, accounts, everyday-banking; conditions they state and its feed does not are listed above.
/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 7 September 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
- 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
- Bills Accountstale transaction account, 0.50% 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.
We receive no payment from any lender for inclusion or ranking.
Deep Almanac is a secondary source and this page is provided for general information and reference. It is not financial, investment, legal, valuation, educational or other professional advice, and it is not a substitute for checking the original source. Rates change without notice, bonus interest is paid only in the months an account's conditions are met, and banks may apply conditions not captured here. You are responsible for any decision you or your software makes in reliance on this page. See our terms of use.