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Be the boss of your money

So you can be well, financially.

Power up your money, your way

Bank First is proud to be the bank for today and tomorrow’s teachers, nurses and allied health professionals – the people who care.

We’re here to show you how to be the boss of your money so you can be well, financially. 

Kick start Autopilot with these Online Saver rates

If you’re under 35
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Helping you to kick start your savings

5.00%p.a
Interest rate ($0 - $49,999)1-13
3.80%p.a
Interest rate ($50,000 and over)
  • No complicated bonus interest rules
  • $0 monthly account fee
  • Interest calculated daily paid into your account monthly
  • Receive a transactional account with $0 monthly account fees

Use promo code OWEEK24 at the time of application. 

If you’re 35 and over
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Every dollar counts! Make your savings work harder

5.00%p.a
Interest rate ($2,000 - $149,999)14-25
1.25%p.a
Interest rate ($0 - $1,999)
  • Introductory rate for 4 months
  • $0 monthly account fee
  • Interest calculated daily paid into your account monthly
  • Receive a transactional account with $0 monthly account fees

Use promo code BFOWEEK24 at the time of application. 

Why bank with us?

We were founded by a group of teachers, disenchanted with the inequitable access to banking services back in 1972. 

They pooled their individual contribution of $10 into a shoe box and we were born. Our first loan was made to a single mother to cover her rental bond for her family. 

Today, we remain a customer owned bank. One for today and tomorrow’s teachers, nurses and allied health professionals – the people who care.

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Customer owned Customer owned

We’re 100% customer owned, which means we listen to your feedback – and act on it.

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Financial wellbeing Financial wellbeing

We provide resources that aim to financially empower teachers and nurses – we genuinely care.

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Community impact Community impact

We contribute ~$220K per year to health and education communities through donations, scholarships and awards.

 

We're here to help

Need assistance? The Bank First Community team can help with any queries.

Important Information

Under 35 Online Saver

1. To qualify for this promotional offer the code OWEEK24 must be quoted at the time of application. 

2. Applicable to customers under 35 years at the time of submitting application. 

3. Upon turning 35, the account will revert to the standard Online Saver account with standard interest rate applicable. Please see our website for more information on the standard Online Saver and standard interest rates applicable. 

4. Promotional rate available from 1 July 2024 until 31 August 2024. 

5. The promotional rate of 5% p.a. is applicable for balances under $50,000. For balances equal to and over $50,000, the standard rate 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 without notice.

6. Standard Online Saver rates are available on our website. To view the standard interest rate, visit here

7. Interest is calculated daily and paid monthly at the end of the month into your Online Saver account. 

8. Maximum of two Online Saver accounts per customer. 

9. No monthly account keeping fees. 

10. 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

11. We reserve the right to amend or withdraw this campaign at any time. Please note this will not impact existing account holders for this promotional Online Saver. 

12. Please review our Financial Services Guide (FSG) and Target Market Determination (TMD) to decide whether this product is right for you. 

13. This Online Saver account offer is not available for Bank First staff. For the avoidance of doubt, Members/employees of Bank First who are involved in setting up this promotion are not eligible to open this account. 

Over 35 Online Saver

14. To qualify for this introductory offer the code BFOWEEK24 must be quoted at the time of application when opening a new Online Saver account. 

15. Promotional rate available 1 July 2024 to 31 August 2024.

16. At the end of the 4-month introductory period, the standard Online Saver interest rate will apply.  

17. The introductory rate of 5% for balances above $2,000 is made up of standard Online Saver rates plus a bonus additional interest. Interest is applicable to whole balance and is calculated daily. Interest rates are per annum, current at the time of publication and standard rates are subject to change without notice. 

18. Standard Online Saver rates are available on our website. View standard interest rates

19. Interest is calculated daily and paid monthly at the end of the month into your Online Saver account. 

20. Maximum one Online Saver introductory rate per customer. 

21. No monthly account keeping fees. 

22. 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

23. We reserve the right to amend or withdraw this campaign at any time. Please note this will not impact existing account holders for this introductory Online Saver. 

24. Please review our Financial Services Guide (FSG) and Target Market Determination (TMD) to decide whether this product is right for you. 

25. This Online Saver account offer is not available for Bank First staff. For the avoidance of doubt, Members/employees of Bank First who are involved in setting up this promotion are not eligible to open this account.