The Bank First Online Saver is all about making it simple to grow and access your savings stash, made easy through internet and phone deposits. With an ongoing interest rate of 3.80% when you keep a balance above $2,000, and no account fees or minimum balances you’ll be on your way to reaching your savings goal in no time.
Grow your savings with the Bank First Online saver account! This account is great for serious savers with its competitive interest rate, no withdrawal limits and phone and internet banking options.
Savers should know this account does come with a three tiered interest rate system. For balances between $0 and $2,000 there is a lower rate of 0.05%, however for balances over $2,000 you’ll receive the maximum interest rate of 3.80%.
This account is purely online, so you can access your funds anytime and anywhere through online and phone banking. The Bank First Online Saver is also free of any account keeping fees as well as minimum deposits and withdrawals, so your money stays your money.
The Bank First Online Saver could be a good option for anyone who is seeking the convenience of an online account without the hassle of meeting monthly requirements.
In order to get the maximum interest rate of 3.55% you’ll need to have a balance between $2,000 and $150,000.
|
Balances from $0: 0.05% p.a. |
|
|
n/a |
|
|
n/a |
|
$0.00 |
|
|
n/a |
|
|
Unlimited free transactions from phone, internet, BPay. |
|
|
n/a |
|
|
n/a |
|
|
n/a |
|
|
n/a |
|
|
n/a |
|
|
n/a |
|
|
$0.00 |
|
|
$0.00 |
|
|
n/a |
|
$0.00 |
|
|
$0.00 |
|
|
Monthly |
|
no |
|
|
n/a |
|
|
no |
|
|
no |
|
|
no |
|
|
no |
|
|
no |
|
|
yes |
|
|
yes |
|
|
yes |
|
|
no |
|
|
none |
|
|
none |
|
|
none |
Friendly and easy to contact, however there are too few offices that are located miles away from where I live.
Read full reviewFriendly and easy to contact, however there are too few offices that are located miles away from where I live.
For a smaller bank, they are very good at communicating with customers and ensuring information is available.
Read full reviewFor a smaller bank, they are very good at communicating with customers and ensuring information is available.
They appear to have the customer's needs as a priority.
Read full reviewThey appear to have the customer's needs as a priority.
The bank is A+ rating on fees and charges to the extent that a normal resident like me would get virtually no bank fees at all. For example I receive 5 fee free ATM withdrawals per month from normal banks and then I receive unlimited fee free withdrawals so long as I use the partner Commonwealth Bank ATM machines. The only downside is that the bank is located at only two sites - both in Melbourne. There are limited in bank transactions available at the Commonwealth e.g. Cheque deposits.
Read full reviewThe bank is A+ rating on fees and charges to the extent that a normal resident like me would get virtually no bank fees at all. For example I receive 5 fee free ATM withdrawals per month from normal banks and then I receive unlimited fee free withdrawals so long as I use the partner Commonwealth Bank ATM machines. The only downside is that the bank is located at only two sites - both in Melbourne. There are limited in bank transactions available at the Commonwealth e.g. Cheque deposits.
No fee, highly convenient account.
Read full reviewNo fee, highly convenient account.
High Interest Savings Account
5.75% p.a. (for $0 to $250,001)
4.40% p.a.(for $0 to $250,001)
Yes up to $250,000
Savings Account
5.35% p.a. (for $0 to $250,000)
4.75% p.a.(for $0 to $1,000,000)
Yes up to $250,000
Reward Saver Account
5.25% p.a. (for $0 to $1,000,000)
0% p.a.(for $0 and over)
Yes up to $250,000
AMP Saver Account
5.40% p.a. (for $0 to $250,000)
1.20% p.a.(for $0 to $5,000,000)
Yes up to $250,000
Savings+Bonus
5.00% p.a. (for $0 to $250,000)
2.00% p.a.(for $0 to $250,000)
Yes up to $250,000
Save Account
5.10% p.a. (for $0 to $250,000)
0.10% p.a.(for $0 and over)
Yes up to $250,000
Bonus Saver Account
5.00% p.a. (for $0 to $250,000)
0.05% p.a.(for $0 and over)
Yes up to $250,000
High Interest Savings Account
5.75% p.a. (for $0 to $250,001)
Yes up to $250,000
4.40% p.a.(for $0 to $250,001)
Savings Account
5.35% p.a. (for $0 to $250,000)
Yes up to $250,000
4.75% p.a.(for $0 to $1,000,000)
Save Account
5.10% p.a. (for $0 to $250,000)
Yes up to $250,000
0.10% p.a.(for $0 and over)
AMP Saver Account
5.40% p.a. (for $0 to $250,000)
Yes up to $250,000
1.20% p.a.(for $0 to $5,000,000)
Savings+Bonus
5.00% p.a. (for $0 to $250,000)
Yes up to $250,000
2.00% p.a.(for $0 to $250,000)
Reward Saver Account
5.25% p.a. (for $0 to $1,000,000)
Yes up to $250,000
0% p.a.(for $0 and over)
Bonus Saver Account
5.00% p.a. (for $0 to $250,000)
Yes up to $250,000
0.05% p.a.(for $0 and over)
Reward Saver Account
0% p.a.(for $0 and over)
5.25% p.a. (for $0 to $1,000,000)
Yes up to $250,000
AMP Saver Account
1.20% p.a.(for $0 to $5,000,000)
5.40% p.a. (for $0 to $250,000)
Yes up to $250,000
Savings+Bonus
2.00% p.a.(for $0 to $250,000)
5.00% p.a. (for $0 to $250,000)
Yes up to $250,000
Save Account
0.10% p.a.(for $0 and over)
5.10% p.a. (for $0 to $250,000)
Yes up to $250,000
Bonus Saver Account
0.05% p.a.(for $0 and over)
5.00% p.a. (for $0 to $250,000)
Yes up to $250,000
Reward Saver
0.30% p.a.(for $0 and over)
5.25% p.a. (for $0 to $100,000)
Yes up to $250,000
Ziggy Kids Saver
0.01% p.a.(for $0 and over)
3.01% p.a. (for $0 and over)
Yes up to $250,000
Scoot Super Saver
2.75% p.a.(for $0 to $50,000)
No Current Offer
Yes up to $250,000
