Rate Change Notice 23 March 2020

Following the Reserve Bank’s cut to official interest rates on 19 March 2020 (the second rate cut this month) First Option Bank has made the following decisions.

Deposit Products

Please note the following Deposit rate changes, effective 23 March 2020.

  • Bonus Saver (S14)
  • iT Saver (S50)
  • Kids Bonus Saver (S16)
  • Christmas Saver (S9)
  • Cash Management (S15)
  • Super Cash Hub (S45)
  • Business Cash Hub (S55)
  • Smart Start Access Saver (S17)
  • Retirement Access Saver (S13)
  • Standard Term Deposits (Personal and Business)
  • Regular Income Term Deposits (Personal and Business)

More Information