First Option Bank Credit Cards
A First Option Bank credit card offers low-cost features and an environmental rewards program. Here's what you need to know.

First Option Bank is a member-owned bank with a head office in Melbourne, VIC and a full range of online and phone banking services. It offers one low rate credit card, which also has an environmental rewards program that donates a percentage of funds to positive causes based on your spending.
We currently don't have that product, but here are others to consider:
How we picked theseThe First Option Low-Rate Credit Card has a 10.49% p.a. interest rate for new purchases, which is low compared to the average interest rate of around 20% for credit cards in Australia. Its standard $48 annual fee is also competitive with other low rate credit cards. It also comes with an Environmental Rewards program, which means First Option Bank donates 0.25% of what you spend towards sustainability programs run by its partners.
Some of the key features you'll get with First Option Bank include:
First Option Bank's credit card has a unique Environmental Rewards program that helps fund positive impact projects based on your spending. Unlike most credit cards in Australia, the physical card is also made from 82% recycled plastic. The bank's operations are also carbon neutral through a partnership with trace.
With a First Option Bank credit card, you can shop in-store and online with businesses in over 200 countries and regions around the world through the Visa network. You also get access to exclusive deals on travel, shopping, dining and entertainment through Visa Offers + Perks.
You can use your compatible device to make contactless payments when you link your First Option credit card to Apple Pay and Google Pay.
First Option Bank offers internet banking and a mobile app so you can manage the account, including checking the balance, making payments and putting a temporary lock on the card.
You can apply for a First Option credit card online by filling in a simple enquiry form. You can get started by checking you meet the following eligibility criteria and have the required details for the application.
If you want more details about what to include when you apply, check out Finder's credit card application tips to help you prepare and increase your chance of approval.
After you submit a credit card enquiry, First Option Bank will contact you with details of the process. If you're approved, you'll typically get your new credit card in the mail within 5-10 working days.
If you want a credit card with a sustainability focus or one from a member-owned bank, here are 3 other credit card providers you could compare with First Option Bank:
Want to compare a wider range of credit cards? Check out the latest offers for rewards, balance transfers, low rates and more.
Made from 82% recycled plastic, the First Option Low-Rate Visa combines a 10.49% purchase rate with support for environmental causes. Here’s how it works.