First Option Bank credit cards

Compare the features, rates, and fees of First Option Bank’s credit cards to make an informed decision about applying.

By   |   Verified by David Boyd   |   Updated 20 Feb 2023

As seen on

Media - The Sydney Morning Herald
Media - Yahoo Finance
Media -
Media - Daily Mail Australia
Media - Australian Fintech
Media - Dynamic Business

Comparing First Option Bank credit cards

First Option Bank Low Rate Visa Credit Card

Balance transfer


Purchase rate

10.49% p.a. ongoing

Annual fee

$0.00 for 1st year


  • Enjoy a low-interest rate of 10.49% p.a. on purchases.
  • Waived first-year annual fee, which is a $48 savings.
  • Includes Environmental Rewards program.


  • 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.


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