We are proud to be the bank for teachers, nurses and allied health professionals – the people who care.
But we know, that you’re so much more.
You’re aunts, uncles and friends. Foodies, musos, goalies and world explorers.
Bank First. For all you are.
Victoria Teachers Limited ABN 44 087 651 769. AFSL/Australian Credit Licence Number 240 960.
They see me for all I am.
- 5% introductory rate for 4 months*
- $0 monthly account fee so every cent is working for you
- Interest calculated daily paid to your account monthly
In 1972, a group of 48 teachers took the bold step to create a ‘People’s Bank’.
They pooled their individual contribution of $10 into a shoe box and we were born. Our first loan was made to a single mother to cover her rental bond for her family. Today, it is still a ‘People’s Bank’ – one for teachers, nurses and allied health professionals – the people who care.
Like all Australian banks, we are required to meet all the regulatory requirements and deposits are guaranteed by the Australian government under the Financial Claims Scheme.
Being customer-owned allows us to work hard for our customers (we call them Members) - tailoring products and services to help them be all that they are and more. When Members speak, we listen and act.
We actively invest to support your community. From funding your teaching initiatives, to scholarships and awards for aspiring teachers, nurses and allied health professionals and those who need that extra little help. We've invested more than $1.5 million since 1983.
“
Checked my account today ... the bonus interest has been paid into my account. It's such a help
Kai
Don’t just take our word for it. Hear what our customers (Members) have to say.
Every dollar counts! Make your savings work harder.
5.00
%
p.a.
Interest rate (above $2,000)
| Interest rate is determined on the whole balance | Interest rate (p.a.) for the first 4 months after opening |
|---|---|
| $0 - $1,999 | 1.25% |
| $2,000 - $149,999 | 5.00% |
| $150,000 and over | 5.00% |
Rates
*Important Information
- To qualify for these offers the promotional code BFOSINTRO must be quoted at the time of application when opening a new Online Saver account.
- You do not have an existing Online Saver with Bank First in the last 12 months.
- Promotional rate available 1 February 2024 to 30 June 2024.
- At the end of the 4 months introductory period, the standard Online Saver interest rate will apply.
- The introductory rate of 5% for balances above $2000 is made up of standard Online Saver rates plus a bonus additional interest. Interest is applicable to whole balance and is calculated daily. Interest rates are per annum, current at the time of publication and standard rates are subject to change without notice.
- Other fees and charges may apply. For a full list of fees and charges, please refer to Terms and Conditions: Part B Fees and Charges.
- We reserve the right to amend or withdraw this campaign at any time. Please note this will not impact existing account holders for this promotional Online Saver.
- Additional interest will be applied for four months from the date the account is opened.
Please review our Financial Services Guide (FSG) and Target Market Determination (TMD) to decide whether this product is right for you.
4- month introductory interest rate*
To activate this promotion, use code "BFOSINTRO."
