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BSB 704-191
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Who’s offering a head-turning rate?

5.24%per annum
Owner Occupied P&I. LVR up to 60%*
5.27%per annum
Comparison Rate1
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We have updated our App

The updated Bank First App brings you a range of new features including an easier way to set up savings goals and a streamlined menu. Update your app today to start enjoying the new features.

Learn more
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Confirmation of Payee is here

We have launched Confirmation of Payee on Internet Banking and the Bank First App.

You do not need to do anything to activate Confirmation of Payee, it will already be active when you pay a new payee using a BSB and account number.

Learn more
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No wallet, no problem

Simply add your card to your digital wallet and pay on-the-go through Apple Pay7 or Google Pay7.

Supporting you through each life stage

No matter what life stage you’re at, we’re here to support you with products and advice best suited to your individual needs. Explore your options below!

Saver your home deposit faster
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First Home Bonus Saver

3.85%per annum
Bonus interest rate2
0.05%per annum
Base interest rate
  • Get $600 cash back
  • No minimum first deposit
  • Earn bonus interest
Kickstart your savings online
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Online Saver

3.05%per annum
Interest rate ($2,000 and over)
0.05%per annum
Interest rate ($0 - $1,999)
  • Flexibility with unlimited withdrawals with no penalty
  • Bonus interest on balances of $2,000 or more
  • No monthly account keeping fees
Our lowest variable rate
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Basic Home Loan

5.24%per annum
Owner Occupied P&I. LVR up to 60%*
5.27%per annum
Comparison Rate1
  • Our simplest home loan with no offset
  • Make extra repayments and redraw without a fee⁵
  • No ongoing or monthly fees
Flexible repayment options
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Personal Loan

9.64%per annum
Variable interest rate
11.00%per annum
Comparison Rate3
  • No redraw fees⁵
  • No monthly fees
  • Secure a personal loan for up to 7 years
Peace of mind
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Home and Contents Insurance

Feel at peace knowing your home and contents are safe with CGU Home and Contents Insurance.⁴
  • Choice of 3 cover options
  • Flexible payment options
  • Lodge claims 24/7
  • We've partnered with CGU, one of Australia's most trusted insurers
Our lowest variable rate
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Basic Home Loan

5.24%per annum
Owner Occupied P&I. LVR up to 60%*
5.27%per annum
Comparison Rate1
  • Our simplest home loan with no offset
  • Make extra repayments and redraw without a fee⁴
  • No ongoing or monthly fees
Bonuses on savings
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Bonus Saver Account

Grow your savings with bonus interest when you make a deposit of at least $1 each month.
3.80%per annum
Bonus interest rate6
0.05%per annum
Base interest rate
  • No minimum first deposit
  • Interest calculated daily and applied monthly
  • Generous bonus interest
Kickstart your savings online
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Online Saver

3.05%per annum
Interest rate ($2,000 and over)
0.05%per annum
Interest rate ($0 - $1,999)
  • Flexibility with unlimited withdrawals with no penalty
  • Bonus interest on balances of $2,000 or more
  • No monthly account keeping fees
Grow your money
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Term Deposit

Grow your savings and keep your money safe for the future with a Term Deposit. Choose from a different range of terms to suit your needs.
  • Fixed return on your investments
  • Deposit protection
  • No monthly account or application fees
  • Flexible terms
Everyday account for pensioners
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Pension Account

2.65%per annum
Interest rate (all amounts)
  • $0 monthly account fees and ATM withdrawal fees in Australia
  • Competitive interest rate
  • No minimum balance necessary
Kickstart your savings online
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Online Saver

3.05%per annum
Interest rate ($2,000 and over)
0.05%per annum
Interest rate ($0 - $1,999)
  • Flexibility with unlimited withdrawals with no penalty
  • Bonus interest on balances of $2,000 or more
  • No monthly account keeping fees
    1. Comparison rate calculated on a secured loan amount of $150,000 for a term of 25 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. Fees and charges apply. Terms and conditions available upon request.

    2. Bonus interest additional to the base rate is earned when deposits totalling a minimum of $100 and no withdrawals are made in the calendar month.

    3. 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. Fees and charges apply. Terms and conditions available upon request.

    4. Standard underwriting criteria and policy terms and conditions apply. Insurance issued by Insurance Australia Limited ABN 11 000 016 722, AFSL 227681 under the CGU brand. In arranging this insurance, Victoria Teachers Limited ABN 44 087 651 769 AFSL 240960 trading as Bank First (Bank First), acts under its own AFSL and under an agreement with CGU, not as your agent. Bank First receives commission when selling CGU insurance products. Please refer to Bank First’s Financial Services Guide (FSG) for details of these commissions. 

    5. Minimum redraw is $500. Refer to the Terms and Conditions available on the Disclosure Documents page.

    6. Bonus interest additional to the base rate applies when you make at least one deposit of a minimum of $1.00 and no withdrawals are made in the calendar month.

    7. Apple Pay is a trademark of Apple Inc, registered in the U.S. and other countries. Google Pay is a trademark of Google LLC.

    *Interest rates apply to new lending only.

     

Custodian-Flags

Bank First acknowledges the Traditional Custodians of the land on which we come together and we pay our respects to their Elders past and present. We extend that respect to Aboriginal and Torres Strait Islander peoples and other First Nations people who are part of our community.