First Option Bank

Compare the First Option Bank credit card by features, rates, and fees to make a well-informed application choice.

First Option Bank credit card

First Option Bank Low Rate Visa Credit Card

Balance transfer

N/A

Purchase rate

10.49% p.a. ongoing

Interest-free days

45 days

Annual fee

$0.00 for 1st year

Highlights

Experience a low-interest rate of 10.49% p.a. on purchases.
Enjoy a waived first-year annual fee, saving $48.
Includes the Environmental Rewards program.

Pros

Low interest rate on purchases.
Up to 45 interest-free days.
Limits are available from $500 to $25,000.
Cards are Australian-made using recycled plastic.

Cons

The 17.99% p.a. interest rate on cash advances.
Shorter interest free period compared to most card issuers.

Help choosing a First Option Bank credit card

Get personalised assistance in selecting the optimal First Option Bank credit card tailored to your financial needs and lifestyle preferences.

FAQs

What types of credit cards does First Option Bank offer?

First Option Bank offers a low-rate credit card, providing up to 45 days interest-free on purchases.

How can I apply for a First Option Bank credit card?

You can apply for a First Option Bank credit card online through the bank's website or by visiting a branch. Ensure you have the necessary documentation for the application process.

What benefits can I expect from a First Option Bank credit card?

With a First Option Bank credit card, you’ll enjoy a low interest rate, up to 45 days interest-free on purchases, and the added bonus of knowing that 0.25% of every dollar you spend goes toward funding biodiversity programs. Plus, you can easily load the card into your digital wallet for convenience.

How can I effectively manage my First Option Bank credit card?

To manage your First Option Bank credit card effectively, monitor your transactions regularly, pay your bills on time, and stay within your credit limit to maximize the benefits of your card.