🏦
First Option Bank · Savings account
LiveKIDS BONUS SAVER
Pays 5.55% p.a. total (0.05% base plus 5.50% bonus) as of 17 September 2026. Ranks 5th of 93 savings accounts tracked by BankMate, 0.69 points above the average of 4.86%. The rate last rose on 3 June 2026, 28 days after the RBA raised the cash rate to 4.35%.
5.55%p.a.
0.05% base + 5.50% bonus · bonus up to $10,000 · unlimited withdrawals · variable
Rate over time
Total rate, conditions met- KIDS BONUS SAVER
- RBA cash rate
- Market average
Position among 93 accounts
By month, end of month- Mar 2026: ranked 11 of 74
- Apr 2026: ranked 6 of 88
- May 2026: ranked 11 of 91
- June 2026: ranked 5 of 91
- July 2026: ranked 5 of 92
- Aug 2026: ranked 5 of 92
- Sept 2026: ranked 5 of 93
Mar 2026
- Top 5%
- Top 10%
- Top 25%
- Lower
In the top 10% for 5 of the last 7 months. Never below the top 25%.
Changes
2 on record since 27 Mar 2026- 5.30 → 5.55Bonus rate · 28 days after the RBA rise to 4.35%+0.25
- 5.05 → 5.30Bonus rate · 30 days after the RBA rise to 4.10%+0.25
Conditions for the bonus rate
Checked each month- Balance range
- $0 - $10,000
- Age
- Up to 17 years
On your balance
Saved with your preferences- Interest this year
- —
- Each month
- —
- Against the average account (4.86%)
- —
Rate by balance
Up to $10k
5.55%$10k+
0.60%Notes from savers
to leave a note.