Bank First updates First Home Bonus Saver to 4.15%
Bank First has increased the rate on its First Home Bonus Saver savings account by 25 basis points to 4.15% p.a., from a previous rate of 3.90%.
Bank First
First Home Bonus Saver
New Rate
4.15%
Illustrative Example
For illustrative purposes, a $10,000 deposit at 4.15% would earn approximately $415 per year in interest. That is $25 more per year compared to the previous rate.
Market Context
This rate of 4.15% is below the current market average of 4.62% across 67 tracked savings account products. The current market leader offers 5.40%.
Notes
Bonus rate increased 0.25% to 4.10% p.a. (from 3.85% p.a.) with base rate of 0.05% p.a. Total top rate 4.15% p.a.
⚠️ General information only
This comparison is for informational purposes only and does not constitute financial advice. Always verify current rates and eligibility directly with the provider before making decisions. Consider whether products are appropriate for your circumstances.