Important Update – Savings, term deposits and overdraft rate changes

We’re making changes to our deposit rates.

We've made changes to some of our savings, Term Deposits and secured Overdrafts.

 

Changes effective 13 February 2026

 

Everyday Plus account

Balances $0-$9,999 - no change

Balances $10,000-$99,999 - interest rate increasing by 0.25% p.a.

Balances $100,000+ - interest rate increasing by 0.25% p.a.

 

Wildlife Saver

Balances $0-$10,000 - interest rate increasing by 0.25% p.a.

Balances over $10,000 - no change

 

Santa Saver

Balances $0-$30,000 - interest rate increasing by 0.25% p.a.

Balances over $30,000 - no change

 

FirstBiz Online Savings

Balance under $50,000 - interest rate increasing by 0.25% p.a.

Balances $50,000-$99,999 - interest rate increasing by 0.25% p.a.

$500,000 and over - interest rate increasing by 0.25% p.a.

 

Term Deposits

Balances $5,000-$49,999 & balances $50,000-$99,999:

Interest rates for 3 month terms - increasing by 0.25% p.a.

Interest rates for 6 month terms - increasing by 0.25% p.a.

Interest rates for 12 month terms - increasing by 0.25% p.a.

Interest rates for 2 year terms - increasing by 0.25% p.a.

Interest rates for 3 year terms - increasing by 0.25% p.a.

 

Balances $100,000-$249,999 & balances $250,000-$1,000,000:

Interest rates for 3 month terms - increasing by 0.25% p.a.

Interest rates for 6 month terms - increasing by 0.25% p.a.

Interest rates for 12 month terms - increasing by 0.25% p.a.

Interest rates for 2 year terms - increasing by 0.25% p.a.

Interest rates for 3 year terms - increasing by 0.25% p.a.

View our current Term Deposit interest rates here.

 

Changes effective 1 March 2026

 

Goal Saver

The Bonus interest rate on the Goal Saver will increase by 0.25% p.a.

Bonus interest applies when you make at least one deposit of $50, maintain a credit balance and make no withdrawals or transfers in the month.

Secured overdrafts

Mortgage secured Overdraft - interest rate increasing by 0.25% p.a.

Business Overdraft (residential security) - interest rate increasing by 0.25% p.a.

Business Overdraft (commercial security) - interest rate increasing by 0.25% p.a.