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Adjustment to Kids Bonus Saver

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On the 19 September 2017, First Option changed the bonus rates on its Kids Bonus Saver account.

Due to a quirk in our banking software, the rate change was applied to the entire month of September rather than from the effective date.

When interest was paid at the end of the month, our team identified the issue and have adjusted each account with the correct amount of interest.

You will see an interest adjustment on your October 2017 statement, which you will receive in early November 2017.

First Option wishes to apologise for this miscalculation.

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