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First Option Bank primarily services employees, contractors, and employees’ family members from many major Australian companies, however, anyone can apply to be a member. First Option offers an array of financial services and products that include access and savings accounts, different types of loans, overdrafts and credit cards, insurance solutions and more.
A typical low rate card charges a low interest rate on purchases and cash advances and a moderate annual fee. First Option’s Low Rate Visa Credit Card is one you can use at millions of merchants and ATMs, wherever Visa is accepted. You can get up to 45 interest-free days on purchases and you'll pay an annual fee of $48.
Getting a First Option credit card offers various benefits, and these vary in accordance to the card you choose. Here are details of some benefits you can look forward to when using your First Option Bank credit card.
This Visa credit card comes with embedded chips to provide enhanced security against being fraudulently used. Online shopping is safer owing to the use of Verified by Visa technology. Both these cards come with PINs, enabling you to use any ATM in the world that displays the Visa symbol.
You can use your compatible device to make contactless payments when you link your First Option credit card to Apple Pay, Samsung Pay or Google Pay.
You can apply for a First Option credit card online or over the phone. Make sure you meet the following eligibility criteria before you proceed.
The application requires that you provide with some personal, employment-related and financial information, which includes the following:
If First Option requires any more information from you after reviewing your application, a representative will get in contact with you. Part of the process can involve First Option making a phone call to your employer to verify your income. All new First Option members have to go through an identity verification process, as mandated by the Australian government.
There are a number of commonly asked questions about First Option credit cards, and you’ll find answers to most here. If you have any other question to ask, you can use the form at the bottom of the page.
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