First Option Bank S11 Retirement Access

Fee can be waived

An everyday bank account from First Option Bank with a $5 monthly fee.

Monthly fee

How to avoid the monthly fee

If you have a credit card at First Option you will not be charged this fee

Against the other everyday accounts we compare. Typical means the middle half of them.

Monthly fee

Most accounts that say charge none.

Overseas spending fee

Of what you spend in another currency. Typical is 3%.

Overseas ATM fee

Each time you take cash out overseas. Typical is $5.

Pays interest. 3.25% on your balance, which most everyday accounts don't.
PayID. People can pay you with your phone number or email instead of a BSB and account number.
Phone payments. Works with Apple Pay, Google Pay and Samsung Pay, so you can pay with your phone or watch.

A monthly fee. $5, above the typical None. You can avoid it if you meet the conditions, such as a minimum deposit each month.

Everyday accounts from other banks with similar fees.