Interest Rates
Effective date 17 September 2026. Terms and Conditions are applicable to the entire Interest Rates page.
Transaction Accounts
| Account | Interest Rate (p.a.) |
|---|---|
| Everyday Account (S1)
Interest tier is determined on the whole of balance. | |
| $0 - $14,999 | 0.00% |
| $15,000 - $29,999 | 0.00% |
| $30,000 and over | 0.00% |
| First Access Account (S18) | |
| All amounts | 1.95% |
| Account | Interest Rate (p.a.) |
|---|---|
| Pension Account (S9)
Interest is calculated on the portion of the balance which falls within each tier at the applicable rate. | |
| For part of the balance $0 - $48,599 | 3.40% |
| For part of the balance $48,600 - $149,999 | 3.40% |
| For part of the balance $150,000 and over | 3.40% |
Savings Accounts
| Account | Interest Rate (p.a.) |
|---|---|
| Bonus Saver (S98)1
Interest tier is determined on the whole of balance. | |
| Base rate | 0.05% |
| Bonus interest | 4.95% |
| First Home Bonus Saver (S21)1
Interest tier is determined on the whole of balance. | |
| Base rate | 0.05% |
| Bonus interest | 5.00% |
| First Saver (S19)
Interest tier is determined on the whole of balance. | |
| $0 - $1,999 | 4.40% |
| $2,000 and over | 4.40% |
| Christmas Club (S3) | |
| All amounts | 3.35% |
| Account | Interest Rate (p.a.) |
|---|---|
| Strong Start Saver Account (S89)
Interest is calculated on the portion of the balance which falls within each tier at the applicable rate. | |
| $0 - $49,999 | 5.40% |
| $50,000 - $149,999 | 5.40% |
| $150,000 - $249,999 | 5.40% |
| $250,000 - $999,999 | 4.25% |
| $1,000,000 and over | 4.25% |
| Online Saver (S99)
Interest tier is determined on the whole of balance. | |
| $0 - $1,999 | 0.05% |
| $2,000 - $149,999 | 3.80% |
| $150,000 and over | 3.80% |
Transaction and Savings products no longer available for new accounts
| Account | Interest Rate (p.a.) |
|---|---|
| Budget Account (S2)
Interest tier is determined on the whole of balance. | |
| $0 - $14,999 | 0.05% |
| $15,000 - $29,999 | 0.05% |
| $30,000 and over | 0.05% |
| Account | Interest Rate (p.a.) |
|---|---|
| Cash Management (S10)
Interest tier is determined on the whole of balance. | |
| $0 - $49,999 | 0.05% |
| $50,000 and over | 1.85% |
Term Deposits
| Term | $500 - $4,999 Interest Rate (p.a.)2 | $5,000 - $19,999 Interest Rate (p.a.)2 | $20,000 - $49,999 Interest Rate (p.a.)2 | $50,000 - $99,999 Interest Rate (p.a.)2 | $100,000 and over Interest Rate (p.a.)2 |
|---|---|---|---|---|---|
| 90 days (I16) | 4.95% | 4.95% | 4.95% | 4.95% | 4.95% |
| 120 days (I7) | 5.10% | 5.10% | 5.10% | 5.10% | 5.10% |
| 180 days (I15) | 5.30% | 5.30% | 5.30% | 5.30% | 5.30% |
| 270 days (I16) | 5.40% | 5.40% | 5.40% | 5.40% | 5.40% |
| 1 year (I12) | 5.50% | 5.50% | 5.50% | 5.50% | 5.50% |
| 2 years (I24) | 5.00% | 5.00% | 5.00% | 5.00% | 5.00% |
| 3 years (I36) | 5.00% | 5.00% | 5.00% | 5.00% | 5.00% |
| 4 years (I48) | 5.00% | 5.00% | 5.00% | 5.00% | 5.00% |
| 5 years (I60) | 5.00% | 5.00% | 5.00% | 5.00% | 5.00% |
| 1 Year Regular Income (I3) | N/A | 5.40% | 5.40% | 5.40% | 5.40% |
Term Deposits no longer available for new accounts
| Term | $500 - $19,999 Interest Rate (p.a.)2 | $20,000 - $49,999 Interest Rate (p.a.)2 | $50,000 - $99,999 Interest Rate (p.a.)2 | $100,000 and over Interest Rate (p.a.)2 |
|---|---|---|---|---|
| 30 days (I18) | 0.75% | 0.75% | 0.75% | 0.75% |
| 60 days (I17) | 1.00% | 1.00% | 1.00% | 1.00% |
| Interest First 150 days (I55) | 2.95% | 2.95% | 2.95% | 2.95%Max $1m |
Home Loans
Variable Principal and Interest - Owner Occupied
| Loan to value ratio (LVR) | Basic Home Loan | Complete Home Loan | Premier Package Home Loan | |||
|---|---|---|---|---|---|---|
| Interest Rate (p.a.) | Comparison Rate (p.a.)3, 7 | Interest Rate (p.a.) | Comparison Rate (p.a.)3, 7 | Interest rate (p.a.) | Comparison Rate (p.a.)3, 7 | |
| Up to 60% | 5.99% | 6.04% | 6.09% | 6.14% | 6.09% | 6.48% |
| LVR above 60% - 70% | 6.04% | 6.09% | 6.14% | 6.19% | 6.14% | 6.53% |
| LVR above 70% - 80% | 6.09% | 6.14% | 6.19% | 6.24% | 6.19% | 6.58% |
| LVR above 80% - 90% | 6.59% | 6.64% | 6.69% | 6.74% | 7.03% | 7.41% |
| Above 90% | 7.04% | 7.09% | 7.14% | 7.19% | 7.53% | 7.90% |
Variable Interest Only - Owner Occupied Construction Loans
| Loan to value ratio (LVR) | Complete Home Loan | Premier Package Home Loan | ||
|---|---|---|---|---|
| Interest Rate (p.a.) | Comparison Rate (p.a.)3, 7 | Interest Rate (p.a.) | Comparison Rate (p.a.)3, 7 | |
| LVR up to 80% | 6.44% | 6.26% | 6.44% | 6.60% |
| LVR above 80 - 90% | 6.94% | 6.77% | 7.28% | 7.43% |
| LVR above 90% | 7.39% | 7.22% | 7.78% | 7.93% |
Fixed Principal and Interest - Owner Occupied
Premier Package Home Loan
| Loan to value ratio (LVR) | 1 year fixed | 2 years fixed | 3 years fixed | 4 years fixed | 5 years fixed | |||||
|---|---|---|---|---|---|---|---|---|---|---|
| Interest Rate (p.a.)8 | Comparison Rate (p.a.)3, 7 | Interest Rate (p.a.)8 | Comparison Rate (p.a.)3, 7 | Interest Rate (p.a.)8 | Comparison Rate (p.a.)3, 7 | Interest Rate (p.a.)8 | Comparison Rate (p.a.)3, 7 | Interest Rate (p.a.)8 | Comparison Rate (p.a.)3, 7 | |
| Up to 80% | 6.54% | 6.61% | 6.54% | 6.65% | 6.49% | 6.66% | 6.44% | 6.67% | 6.44% | 6.69% |
| LVR above 80% - 90% | 6.94% | 7.40% | 6.99% | 7.40% | 6.94% | 7.38% | 6.90% | 7.36% | 6.90% | 7.35% |
| LVR above 90% | 6.94% | 7.83% | 6.99% | 7.79% | 6.94% | 7.72% | 6.90% | 7.66% | 6.90% | 7.61% |
Complete Home Loan
| Loan to value ratio (LVR) | 1 year fixed | 2 years fixed | 3 years fixed | 4 years fixed | 5 years fixed | |||||
|---|---|---|---|---|---|---|---|---|---|---|
| Interest Rate (p.a.)8 | Comparison Rate (p.a.)3, 7 | Interest Rate (p.a.)8 | Comparison Rate (p.a.)3, 7 | Interest Rate (p.a.)8 | Comparison Rate (p.a.)3, 7 | Interest Rate (p.a.)8 | Comparison Rate (p.a.)3, 7 | Interest Rate (p.a.)8 | Comparison Rate (p.a.)3, 7 | |
| Up to 80% | 6.64% | 6.28% | 6.64% | 6.33% | 6.59% | 6.35% | 6.54% | 6.37% | 6.54% | 6.39% |
| LVR above 80% - 90% | 7.04% | 6.78% | 7.09% | 6.82% | 7.04% | 6.84% | 7.00% | 6.85% | 7.00% | 6.88% |
| LVR above 90% | 7.04% | 7.18% | 7.09% | 7.18% | 7.04% | 7.16% | 7.00% | 7.14% | 7.00% | 7.13% |
Variable Principal and Interest - Investment
| Loan to value ratio (LVR) | Basic Home Loan | Complete Home Loan | Premier Package Home Loan | |||
|---|---|---|---|---|---|---|
| Interest Rate (p.a.) | Comparison Rate (p.a.)3, 7 | Interest Rate (p.a.) | Comparison Rate (p.a.)3, 7 | Interest Rate (p.a.) | Comparison Rate (p.a.)3, 7 | |
| Up to 60% | 6.14% | 6.19% | 6.24% | 6.29% | 6.24% | 6.63% |
| LVR above 60% - 70% | 6.19% | 6.24% | 6.29% | 6.34% | 6.29% | 6.68% |
| LVR above 70% - 80% | 6.24% | 6.29% | 6.34% | 6.39% | 6.34% | 6.72% |
| LVR above 80% - 90% | 6.89% | 6.94% | 6.99% | 7.04% | 7.43% | 7.80% |
| Above 90% | 7.54% | 7.59% | 7.64% | 7.69% | 8.03% | 8.39% |
Variable Interest Only - Investment
| Loan to value ratio (LVR) | Basic Home Loan | Complete Home Loan | Premier Package Home Loan | |||
|---|---|---|---|---|---|---|
| Interest Rate (p.a.) | Comparison Rate (p.a.)3, 7 | Interest Rate (p.a.) | Comparison Rate (p.a.)3, 7 | Interest Rate (p.a.) | Comparison Rate (p.a.)3, 7 | |
| Up to 60% | 6.39% | 6.30% | 6.49% | 6.40% | 6.49% | 6.74% |
| LVR above 60% - 70% | 6.44% | 6.35% | 6.54% | 6.45% | 6.54% | 6.76% |
| LVR above 70% - 80% | 6.49% | 6.40% | 6.59% | 6.50% | 6.59% | 6.84% |
| LVR above 80% - 90% | 7.14% | 7.05% | 7.24% | 7.15% | 7.68% | 7.92% |
| Above 90% | 7.79% | 7.70% | 7.89% | 7.81% | 8.28% | 8.51% |
Variable Interest Only - Investment Construction Loans
| Loan to value ratio (LVR) | Complete Home Loan | Premier Package Home Loan | ||
|---|---|---|---|---|
| Interest Rate (p.a.) | Comparison Rate (p.a.)3, 7 | Interest Rate (p.a.) | Comparison Rate (p.a.)3, 7 | |
| LVR up to 80% | 6.59% | 6.41% | 6.59% | 6.75% |
| LVR above 80 - 90% | 7.24% | 7.07% | 7.68% | 7.83% |
| LVR above 90% | 7.89% | 7.72% | 8.28% | 8.42% |
Fixed Principal and Interest - Investment
Premier Package Home Loan
| Loan to value ratio (LVR) | 1 year fixed | 2 years fixed | 3 years fixed | 4 years fixed | 5 years fixed | |||||
|---|---|---|---|---|---|---|---|---|---|---|
| Interest Rate (p.a.)8 | Comparison Rate (p.a.)3, 7 | Interest Rate (p.a.)8 | Comparison Rate (p.a.)3, 7 | Interest Rate (p.a.)8 | Comparison Rate (p.a.)3, 7 | Interest Rate (p.a.)8 | Comparison Rate (p.a.)3, 7 | Interest Rate (p.a.)8 | Comparison Rate (p.a.)3, 7 | |
| Up to 80% | 6.69% | 6.76% | 6.74% | 6.80% | 6.69% | 6.83% | 6.74% | 6.87% | 6.74% | 6.90% |
| LVR above 80% - 90% | 7.19% | 7.77% | 7.19% | 7.75% | 7.24% | 7.74% | 7.30% | 7.75% | 7.30% | 7.74% |
| LVR above 90% | 7.19% | 8.30% | 7.19% | 8.22% | 7.24% | 8.15% | 7.30% | 8.11% | 7.30% | 8.06% |
Complete Home Loan
| Loan to value ratio (LVR) | 1 year fixed | 2 years fixed | 3 years fixed | 4 years fixed | 5 years fixed | |||||
|---|---|---|---|---|---|---|---|---|---|---|
| Interest Rate (p.a.)8 | Comparison Rate (p.a.)3, 7 | Interest Rate (p.a.)8 | Comparison Rate (p.a.)3, 7 | Interest Rate (p.a.)8 | Comparison Rate (p.a.)3, 7 | Interest Rate (p.a.)8 | Comparison Rate (p.a.)3, 7 | Interest Rate (p.a.)8 | Comparison Rate (p.a.)3, 7 | |
| Up to 80% | 6.79% | 6.44% | 6.84% | 6.49% | 6.79% | 6.52% | 6.84% | 6.57% | 6.84% | 6.61% |
| LVR above 80% - 90% | 7.29% | 7.07% | 7.29% | 7.10% | 7.34% | 7.14% | 7.40% | 7.19% | 7.40% | 7.22% |
| LVR above 90% | 7.29% | 7.65% | 7.29% | 7.62% | 7.34% | 7.60% | 7.40% | 7.60% | 7.40% | 7.58% |
Fixed Interest Only - Investment
Premier Package Home Loan
| Loan to value ratio (LVR) | 1 year fixed | 2 years fixed | 3 years fixed | 4 years fixed | 5 years fixed | |||||
|---|---|---|---|---|---|---|---|---|---|---|
| Interest Rate (p.a.)8 | Comparison Rate (p.a.)3, 7 | Interest Rate (p.a.)8 | Comparison Rate (p.a.)3, 7 | Interest Rate (p.a.)8 | Comparison Rate (p.a.)3, 7 | Interest Rate (p.a.)8 | Comparison Rate (p.a.)3, 7 | Interest Rate (p.a.)8 | Comparison Rate (p.a.)3, 7 | |
| Up to 80% | 6.84% | 6.78% | 6.89% | 6.84% | 6.84% | 6.87% | 6.89% | 6.93% | 6.89% | 6.97% |
| LVR above 80% - 90% | 7.34% | 7.79% | 7.34% | 7.78% | 7.39% | 7.79% | 7.45% | 7.81% | 7.45% | 7.81% |
Complete Home Loan
| Loan to value ratio (LVR) | 1 year fixed | 2 years fixed | 3 years fixed | 4 years fixed | 5 years fixed | |||||
|---|---|---|---|---|---|---|---|---|---|---|
| Interest Rate (p.a.)8 | Comparison Rate (p.a.)3, 7 | Interest Rate (p.a.)8 | Comparison Rate (p.a.)3, 7 | Interest Rate (p.a.)8 | Comparison Rate (p.a.)3, 7 | Interest Rate (p.a.)8 | Comparison Rate (p.a.)3, 7 | Interest Rate (p.a.)8 | Comparison Rate (p.a.)3, 7 | |
| Up to 80% | 6.94% | 6.45% | 6.99% | 6.52% | 6.94% | 6.56% | 6.99% | 6.63% | 6.99% | 6.68% |
| LVR above 80% - 90% | 7.44% | 7.09% | 7.44% | 7.13% | 7.49% | 7.19% | 7.55% | 7.25% | 7.55% | 7.29% |
Car Loans and Personal Loans
Variable
| Standard | Promotion9 | |||
|---|---|---|---|---|
| Interest Rate (p.a.) | Comparison Rate (p.a.)7 | Interest Rate (p.a.) | Comparison Rate (p.a.)7 | |
| New Car Loan | 9.79% | 10.07%4 | 6.79% | 8.12%4 |
| Used Car Loan | 10.79% | 12.16%5 | 7.79% | 9.13%5 |
| Green Car Loan | 9.29% | 9.57%4 | 6.19% | 6.24%4 |
| Personal Loan | 9.64% | 11.00%6 | N/A | N/A |
Fixed
New Car Loan
| Standard | Promotion9 | |||
|---|---|---|---|---|
| Interest Rate (p.a.)8 | Comparison Rate (p.a.)7 | Interest Rate (p.a.)8 | Comparison Rate (p.a.)7 | |
| 1 year | 9.79% | 10.07%4 | 6.79% | 8.94%4 |
| 2 years | 9.79% | 10.07%4 | 6.79% | 8.10%4 |
| 3 years | 9.79% | 10.07%4 | 6.79% | 7.52%4 |
| 4 years | 9.79% | 10.07%4 | 6.79% | 7.18%4 |
| 5 years | 9.79% | 10.07%4 | 6.79% | 7.06%4 |
Used Car Loan
| Standard | Promotion7 | |||
|---|---|---|---|---|
| Interest rate (p.a.)8 | Comparison rate (p.a.)7 | Interest rate (p.a.)8 | Comparison rate (p.a.)7 | |
| 1 year | 10.79% | 12.16%5 | 7.79% | 10.44%5 |
| 2 years | 10.79% | 12.16%5 | 7.79% | 9.46%5 |
| 3 years | 10.79% | 12.16%5 | 7.79% | 9.13%5 |
| 4 years | 10.79% | 12.16%5 | 7.79% | 9.13%5 |
| 5 years | 10.79% | 12.16%5 | 7.79% | 9.13%5 |
Green Car Loan
| Standard | Promotion7 | |||
|---|---|---|---|---|
| Interest Rate (p.a.)8 | Comparison Rate (p.a.)7 | Interest Rate (p.a.)8 | Comparison Rate (p.a.)7 | |
| 1 year | 9.29% | 9.57%4 | 6.29% | 8.44%4 |
| 2 years | 9.29% | 9.57%4 | 6.29% | 7.60%4 |
| 3 years | 9.29% | 9.57%4 | 6.29% | 7.02%4 |
| 4 years | 9.29% | 9.57%4 | 6.29% | 6.68%4 |
| 5 years | 9.29% | 9.57%4 | 6.29% | 6.56%4 |
Products no longer available for new accounts
| Variable | Fixed 1-5 years | |||
|---|---|---|---|---|
| Interest Rate (p.a.) | Comparison Rate (p.a.)7 | Interest Rate (p.a.)8 | Comparison Rate (p.a.)7 | |
| Share Loan | 8.15% | 9.49%6 | 8.15% | 9.49%6 |
| Green Personal Loan | 7.25% | 8.59%6 | 7.25% | 8.59%6 |
| Overdraft | 12.79% | N/A | N/A | N/A |
Credit Cards
| Purchase | Balance Transfer | Cash Advance | |
|---|---|---|---|
| Interest Rate (p.a.) | Interest Rate (p.a.) | Interest Rate (p.a.) | |
| Visa Platinum | 11.49% | 11.49% | 19.59% |
| Visa Classic | 12.54% | 12.54% | 12.54% |
Important Information
Interest rates effective 17 September 2026.
If you would like further information about any of our products and services or fees and charges, please call one of our Member Service Consultants on 1300 654 822 or visit www.bankfirst.com.au. The Terms and Conditions for Bank First basic deposit products (accounts) and non-cash payment facilities (payment facilities), consist of two sections:
The Terms and Conditions brochures provide information about our accounts and payment facilities to help you make an informed decision when considering applying for them. You should read the Terms and Conditions carefully before applying. Terms and Conditions for loan accounts are available upon request. Interest Rates referenced is for new lending only and relate to current products available for sale.
Interest is calculated daily. Interest Rates are per annum, current at the time of printing and are subject to change. Interest Rates referenced is for new lending only and relate to current products available for sale. To view Interest Rates for legacy products previously available for sale, please refer to the interest rate changes table included in your most recent interest rate notification.
This page is applicable to the entire Interest Rates page. Please visit www.bankfirst.com.au or ask our friendly banker for the full copy of the Terms and Conditions.
- Bonus Interest additional to the Base Rate applies if conditions are met.
- Subject to our Terms and Conditions, a penalty interest rate reduction applies on early withdrawals. These rates are for retail customers only and limits may apply
- Comparison Rate calculated on a secured loan amount of $150,000 for a term of 25 years.
- Comparison Rate calculated on a secured loan amount of $30,000 for a term of 5 years.
- Comparison Rate calculated on a secured loan amount of $10,000 for a term of 3 years.
- Comparison Rate calculated on an unsecured loan amount of $10,000 for a term of 3 years.
- WARNING: This Comparison Rate is true only for the example given and may not include all fees and charges. Different terms, fees and other loan amounts might result in a different Comparison Rate. Comparison Rates for variable Interest Only loans are based on an initial 5-year Interest Only period. Comparison Rates for fixed Interest Only loans are based on an initial Interest Only period equal in length to the fixed period. During an Interest Only period, your interest only payments will not reduce your loan balance. This may mean you pay more interest over the life of the loan. Fees and charges apply. Terms and Conditions are available.
- Rates are indicative only. Fixed rates are fixed at the date of funding or may be fixed at the date of application by paying a fixed rate locked fee. Conditions apply.
- The 3% discount is off the standard car loan rate. We reserve the right to amend or withdraw these offers at any time.
Head Office
117 Camberwell Rd Hawthorn East VIC 3123 | PO Box 338 Camberwell VIC 3124 | info@bankfirst.com.au | 1300 654 822