Loan / Credit Card Rates

Loan & Credit Card Rates

Attention: open in a new window. Print

 

Our interest rates have been designed with you in mind - our members.

We do not inflate rates as we do not have shareholders taking a percentage of our profits. Any profits we make are returned to you through better products, more competitive rates and lower fees.

Apply OnlineEnquire

Home Loans 6 Month Intro Rate Interest Rate Comparison Rate *
Classic Home Loan N/A 4.99% pa 4.99% pa
Premium Home Loan ($150k to $600k) 3.99% pa 4.44% pa 4.78% pa
Premium Plus Home Loan ($600k to $800k) 3.89% pa 4.15% pa 4.51% pa
Platinum Home Loan (Over $800k) 3.79% pa 3.99% pa 4.35% pa
Smart Start Home Loan 3.99% pa 4.44% pa 4.42% pa
Investment Loans 6 Month Intro Rate Interest Rate Comparison Rate *
Classic Investment Loan N/A 5.29% pa 5.29% pa
Premium Investment Loan ($150k to $600k) N/A 4.74% pa 5.09% pa
Premium Plus Investment Loan ($600k to $800k) N/A 4.45% pa 4.81% pa
Platinum Investment Loan (Over $800k) N/A 4.29% pa 4.65% pa

Notes:
- The interest rates above are for Principal and Interest loans.
- Different rates apply to Interest Only loans and Fixed Rate loans.
- Fixed Rate mortgages are available for 1, 2 and 3 years.
- First Option also offers Business Loans and Business Overdrafts.

Car Loans 6 Month Intro Rate Interest Rate Comparison Rate **
New Car Loan 5 yr fixed N/A 6.99% pa 6.99% pa
Used Car Loan 5 yr fixed N/A 6.99% pa 6.99% pa
Smart Start Car Loan 2.99% pa 8.25% pa 7.21% pa
Personal Loans Interest Rate Comparison Rate **
Variable Personal Loan 13.99% pa 14.25% pa
1 Yr Fixed Personal Loan 9.99% pa 10.24% pa
2 Yr Fixed Personal Loan 10.99% pa 11.24% pa
3 Yr Fixed Personal Loan 11.99% pa 12.25% pa
BeGreen Personal Loan Fixed Rate# 6.99% pa 7.23% pa
Cash Secured Loan
(Must be secured with a First Option Term Deposit)
4.99% pa 4.99% pa
Smart Start Investor Loan 10.99% pa 10.99% pa
Smart Start Education Loan 10.99% pa 10.99% pa
Overdrafts Interest Rate Comparison Rate
Unsecured Overdraft 13.99% pa N/a
Mortgage Secured Overdraft 5.49% pa N/a
Budget Saver Overdraft 13.99% pa N/a
Visa Credit Card 6 Month Intro Rate Interest Rate Comparison Rate
Visa Credit Card – Cash Rewards 1.99% pa  15.99% pa N/a
Visa Credit Card - Low Rate 1.99% pa  11.99% pa N/a
  Additional Product Information

Key Fact Sheets

* Home Loan comparison rates are calculated on a loan amount of $150,000 over a term of 25 years
** Personal & Car Loan comparison rates are calculated on a loan amount of $30,000 over a term of 5 years
# Can be fixed for up to 7 years. Variable rate option also available.

WARNING: These comparison rates are true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate.