Student Online Saver Promotion
Features and benefits
No complicated bonus interest rules
$0 monthly account fee so every cent is working for you
Interest calculated daily paid to your account monthly
Receive a transactional account with $0 monthly account fees
Online Saver
Interest is calculated on the portion of the balance which falls within each tier at the applicable rate. To qualify, use promo code OWEEK26.
Interest rate1-10 | Interest rates (p.a.) |
|---|---|
$0 - $49,999 | 5.00% |
$50,000 and over | 3.30% |
Your savings will help you to manage the unpredictability of student life and save for those nice-to-haves. Take the 28-day saving challenge for students.
Start student life strong – and set your money up to back you. A bit of work upfront can save you time and stress once the assignments start to stack up later in the semester.
*Online Saver Promotion
To qualify for this promotional offer, you must have opened an Online Saver Promotional Offer account between 1 February 2026 and 31 March 2026 and quote the promo code “OWEEK26” at the time of application.
Promotional offer available from 1 February 2026 to 31 March 2026. Bank First reserves the right to vary or end the promotional offer prior to its end date.
The interest rate of 5.00% p.a. is applicable for balances under $50,000. For balances equal to and over $50,000, the standard Online Saver rate applies. Interest is calculated on the portion of the balance which falls within each tier at the applicable rate. Interest rates are per annum, current at the time of publication and are subject to change. The latest applicable interest rate will be published on https://www.bankfirst.com.au/offers/student-online-saver-promo and Bank First may not provide prior notice on the interest rate changes.
Standard Online Saver rates are available on our website. To view the standard interest rates.
Interest is calculated daily and paid monthly at the end of the month into your Online Saver account.
Maximum of two Online Saver accounts per customer.
No monthly account keeping fees.
Other fees and charges may apply. For a full list of fees and charges, please refer to Terms and Conditions: Part B Fees and Charges.
Please review our Financial Services Guide (FSG) , Target Market Determination (TMD) and Terms and Conditions: Part A Product Information to decide whether this product is right for you.
This Online Saver account promotion is not available to current staff of Bank First, including temporary staff and contractors.