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.

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

🌏 Where Your Aussie Dollar Goes Further in 2026Planning your next trip? 🌏✈️ Here’s a smart travel hack: where you go mat...
27/04/2026

🌏 Where Your Aussie Dollar Goes Further in 2026

Planning your next trip? 🌏✈️ Here’s a smart travel hack: where you go matters just as much as how you travel.

With exchange rates shifting, Aussie travellers are getting more bang for their buck in destinations where the AUD is strong 💸 Think more meals 🍜, more experiences 🎟️, and maybe even that room upgrade 😉

While favourites like the UK, US and Europe are still calling… your dollar isn’t stretching quite as far there right now.

If value is front of mind, check out this link for the top destinations:
https://firstoptionbank.com.au/where-your-aussie-dollar-goes-further-in-2026/

✈️ Don’t forget to pack smart
Great trips aren’t just about where you go — they’re about being ready for anything.
With PassportCard travel insurance, you get instant payouts for approved claims, so you can handle the unexpected on the spot — no stress, no delays 🙌

Because when you’re covered, you can focus on what really matters: enjoying the journey 🌴✨

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.

Source: Reserve Bank of Australia – Exchange rates as of 23 March 2026

Today we remember and holour the courage, sacrifice. and service of all ANZACs and those who have served our country.Les...
24/04/2026

Today we remember and holour the courage, sacrifice. and service of all ANZACs and those who have served our country.

Lest We Forget.

We wanted to give you a big thank you for all the support. At the time of posting, we have hit 4.80 stars on Google!
22/04/2026

We wanted to give you a big thank you for all the support.

At the time of posting, we have hit 4.80 stars on Google!

Your savings deserve better. Earn up to 5.30% p.a. with our 4-Month Intro Rate on the First Option Bank Save Account. Fl...
21/04/2026

Your savings deserve better. Earn up to 5.30% p.a. with our 4-Month Intro Rate on the First Option Bank Save Account.

Flexible access, great returns -your financial goals just got closer.

We love receiving positive feedback from our members.Thank you Giorgios & Maria
20/04/2026

We love receiving positive feedback from our members.

Thank you Giorgios & Maria

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

Alerts

Be the first to know and let us send you an email when First Option Bank posts news and promotions. Your email address will not be used for any other purpose, and you can unsubscribe at any time.

Contact The Business

Send a message to First Option Bank:

Share

Category