First Option Bank

First Option Bank For over 60 years, we have provided friendly service, competitive rates, and real support — make First Option Bank your first choice for banking.

We're different to the big 4! Our aim is to make a small amount of profit and return the value back to members.

Scam Alert! Phone Fraud WarningBe careful! Scammers are stealing people's mobile numbers.When they take your number, the...
18/06/2026

Scam Alert! Phone Fraud Warning

Be careful! Scammers are stealing people's mobile numbers.

When they take your number, they can:
- Get into your bank account
- Change your passwords
- Read your verification codes (the numbers sent to your phone)

How do you know if it's happening to you?
- You get a code you didn't ask for
- Your phone suddenly has no signal
- You get a password reset email you didn't request
- You get alerts about changes to your account but you didn't make any changes

What to do:
1.Call your bank straight away
2.Call your phone company
3.Change all your passwords

Remember: Stop. Check. Protect.

If you are not sure about a message or link — don't click it. Call the company directly using the number on their official website.

From your first home loan to planning for what's next, we're here every step of the way. At First Option Bank, banking i...
10/06/2026

From your first home loan to planning for what's next, we're here every step of the way. At First Option Bank, banking isn't just a service. It's a relationship built on trust. 💙

03/06/2026

Important update for employers: Payday Super is coming 1 July 2026.

From this date, the way super guarantee (SG) is calculated and paid is changing. Instead of quarterly payments, you'll be required to pay your employees' super on payday — at the same time as their salary and wages.

Here's what you need to know:

Super guarantee is calculated at 12% of an employee's qualifying earnings (QE), a new term that covers ordinary time earnings and other qualifying payments.
Payments must be received by the employee's super fund within 7 business days of payday.
Some exceptions apply, for example, there's an extended timeframe for new employees.

These changes are designed to ensure employees receive their super consistently and on time, which is great news for your team.

Start preparing now so you're ready before 1 July 2026. Our team is here to help reach out if you have any questions about how this may affect your business banking or cash flow.

https://www.ato.gov.au/businesses-and-organisations/super-for-employers/payday-super

Exciting news for our Kids Bonus Saver members! From 1st June, we’ve increased the interest rate and raised the balance ...
01/06/2026

Exciting news for our Kids Bonus Saver members! From 1st June, we’ve increased the interest rate and raised the balance threshold from $5,555 to $10,000, giving our members more opportunity to grow their savings and enjoy higher returns.

Full details of the change can be found on our website.

Saving for a 20% deposit feels impossible right now. We get it. That's why we're proud to offer the Australian Governmen...
25/05/2026

Saving for a 20% deposit feels impossible right now. We get it.

That's why we're proud to offer the Australian Government 5% Deposit Scheme, so you can stop waiting and start owning.

5% deposit for first home buyers
No LMI. No income cap. No waiting list.

Ready to find out if you qualify? Our Lending team is here to help.

https://firstoptionbank.com.au/australian-government-5-deposit-scheme/

Subject to eligibility and First Option Bank lending criteria. T&Cs apply.

There's always been a plan behind everything mum does. The packed lunches. The rainy-day savings. The "just in case" she...
09/05/2026

There's always been a plan behind everything mum does. The packed lunches. The rainy-day savings. The "just in case" she never explained but always had ready.

Mums have been looking after the people they love in big ways and small ones for as long as we can remember. Today we just want to say: we see you, we appreciate you, and we're so glad you're in our corner.

Happy Mother's Day to every incredible mum in our community. Tag below if your mum always had a plan!

Setting up digital payments with First Option Bank is fast, secure, and contactless. Add your card to Apple Pay or Googl...
07/05/2026

Setting up digital payments with First Option Bank is fast, secure, and contactless. Add your card to Apple Pay or Google Pay in seconds and pay your way, in-store, online, or on the go.

👉 Open the First Option Bank app to get started.

Powder days, après-ski nights, and views that stop you mid-run ❄️🏔️New Zealand ski season is calling—think fresh tracks,...
04/05/2026

Powder days, après-ski nights, and views that stop you mid-run ❄️🏔️

New Zealand ski season is calling—think fresh tracks, crisp mountain air, and that first sip of mulled wine after a long day on the slopes.

But before you zip up your jacket and chase the snow… make sure you’ve packed PassportCard travel insurance. 💳

From delayed flights to mishaps on the slopes, you’ll want to be covered.

Ski more. Stress less. 🎿

With PassportCard’s instant payouts, you’re never left out of pocket while you’re away. It’s travel insurance that’s quick, simple and hassle-free.

👉 Get a free quote in minutes

https://leisure.passportcard.com.au/?AffiliateId=7S1jIrz3kBWvjqvQx27Chw%3D%3D

PassportCard Australia Pty Ltd (PassportCard) ABN 76 621 476 220 (AFSL 551 057) is an Underwriting Agency acting under Binder from Guild Insurance Limited (Guild) ABN 55 004 538 863 (AFSL 233 791). Any advice provided by PassportCard in relation to PassportCard products and the PassportCard is general advice only. Please consider the Combined Financial Services Guide & Product Disclosure Statement and the PassportCard Terms and Conditions (available at www.passportcard.com.au) before deciding whether they are suitable for you.

Your money deserves more from your everyday account. The 55+ Spend Account is a fee-free transaction account for First O...
01/05/2026

Your money deserves more from your everyday account. The 55+ Spend Account is a fee-free transaction account for First Option Bank members aged 55 and over. It is designed to make daily banking simple and rewarding.

*Terms and conditions apply.”

https://firstoptionbank.com.au/55plus-spend/

We love receiving positive feedback from our members.Thank you Pamela
29/04/2026

We love receiving positive feedback from our members.

Thank you Pamela

Address

Level 6, 574 St Kilda Road
Melbourne, VIC
3004

Opening Hours

Monday 9am - 4:30pm
Tuesday 9am - 4:30pm
Wednesday 9am - 4:30pm
Thursday 9am - 4:30pm
Friday 9am - 4:30pm

Telephone

+611300855675

Website

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