First Option Bank Christmas Saver
No conditions on the rate
A savings account from First Option Bank, paying up to 2.25% a year.
- Base rate up to
- 2.25%
- Introductory rate
- None
- Maximum balance
- None published
Rate a year, up to
Rates by balance
| Balance | Base rate |
|---|---|
| Any balance | 2.25% |
Who can open it
- Age to open
- Any
- Maximum balance
- None published
How it compares
Against the other savings accounts we compare. Typical means the middle half of them.
Most it pays
2.25%
At its best balance, with any bonus. Typical is 3.65%.
Base rate
2.25%
What it pays without a bonus. Typical is 2.40%.
Pros and cons
Pros
- No conditions. You earn the same rate every month, with no deposits to make or withdrawals to avoid.
Cons
- A lower rate. Up to 2.25%, below the typical 3.65%, so your savings grow more slowly than in many other accounts.
Similar savings accounts
Savings accounts from other banks that pay a similar rate at their best.
- Most it pays
- 2.25%
- Bonus conditions
- None
- Most it pays
- 2.25%
- Bonus conditions
- None
- Most it pays
- 2.25%
- Bonus conditions
- None
