Please Find Below All Of Our Loan & Credit Card Rates

Please make sure you view our loan pages for any specials. 

 Additional Product Information

Key Fact Sheets

Home Loans Intro Rate Interest Rate Comparison Rate *
Classic Home Loan N/A 4.49% pa 4.49% pa

Premium Home Loan
$150k to $600k

 N/A 3.89% pa 4.26% pa

Premium Plus Home Loan
$600k to $800k

 N/A 3.69% pa 4.06% pa

Platinum Home Loan
Over $800k

 N/A 3.49% pa 3.87% pa

Smart Start Home Loan
For 18 to 35 year olds

 N/A 3.89% pa 3.89% pa
Investment Loans Intro Rate Interest Rate Comparison Rate *
Classic Investment Loan N/A 4.99% pa 5.02% pa

Premium Investment Loan
$150k to $600k

 N/A 4.39% pa 4.77% pa

Premium Plus Investment Loan
$600k to $800k

 N/A 4.19% pa 4.58% pa

Platinum Investment Loan
Over $800k

 N/A 3.99% pa 4.38% pa

Notes:
- The interest rates above are for Principal and Interest loans.
- Different rates apply to Interest Only loans and Fixed Rate loans.
- Fixed Rate mortgages are available for 1, 2 and 3 years.
- First Option also offers Business Loans and Business Overdrafts.

Car Loans 6 Month Intro Rate Interest Rate Comparison Rate **

New Car Loan 
Fixed for 7 years

 N/A 6.99% pa 7.24% pa

Used Car Loan
Fixed for 7 years

 N/A 8.99% pa 9.24% pa

Smart Start Car Loan
For 18 to 24 year olds

 2.99% pa 8.25% pa 7.21% pa
Personal Loans Interest Rate Comparison Rate **
Variable Personal Loan 13.99% pa 14.25% pa
1 Yr Fixed Personal Loan 10.99% pa 11.24% pa
2 Yr Fixed Personal Loan 11.99% pa 12.25% pa
3 Yr Fixed Personal Loan 12.99% pa 13.25% pa
VIP Personal Loan
For members with an existing mortgage loan at First Option.		 6.44% pa 6.68% pa

BeGreen Personal Loan fixed rate#
Limited Offer until 31 March 2020

 6.99% pa 7.23% pa
Cash Secured Loan
Must be secured with a First Option Term Deposit		 4.99% pa 5.23% pa

Smart Start Investor Loan
For 18 to 24 year olds

 10.99% pa 10.99% pa

Smart Start Education Loan
For 18 to 24 year olds

 10.99% pa 10.99% pa
Overdrafts Interest Rate Comparison Rate
Unsecured Overdraft 13.99% pa n/a
Mortgage Secured Overdraft 5.49% pa n/a
Budget Saver Overdraft 13.99% pa n/a
Visa Credit Card Purchase Rate Cash Advance Rate
Low Rate Credit Card 9.99% pa 17.99% pa

* Home Loan comparison rates are calculated on a loan amount of $150,000 over a term of 25 years
** Personal & Car Loan comparison rates are calculated on a loan amount of $30,000 over a term of 5 years
# Can be fixed for up to 7 years. Variable rate option also available.

WARNING: These comparison rates are true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate.