Bankfirst Strong Start Saver: 5.65% p.a. on up to $249,999, 4.5% above (Age 15–35, No Conditions)
Bankfirst's Strong Start Saver savings account currently offers 5.65% p.a. on balances up to $249,999 (4.5% on amounts above $250k). The only eligibility requirement is being aged 15–35 — no minimum deposits, transaction counts, or other hoops. The poster describes it as the highest unconditional savings rate available for this age group.
Original title
Bankfirst Strong Savings Account 5.65% P.a. Interest on up to $249,999, 4.5% over $250k (Age 15 - 35, No Hoops)
Quick take
- Students, working holiday makers, and young professionals aged 15–35 with spare cash wanting a competitive savings rate
- Anyone outside the 15–35 age bracket
- People who need branch access or prefer the Big Four
- Those unwilling to monitor rate changes
- Rates can be reduced at any time
- 5.65% only covers balances up to $249,999
- Price
- Reward offer
- Value per hour
- $0
Fill in your profile and we'll tell you whether you can do this (state, visa status, banks, memberships).
Set up my profile →How to do it
- 1Apply online at bankfirst.com.au or via the Bankfirst app for a Strong Start Saver account.
- 2Have ID documents ready (driver's licence, passport) and Australian address details.
- 3Once the account is open, deposit funds and interest accrues at the applicable rate.
Conditions
- Open to ages 15–35 only
- 5.65% p.a. applies to the first $249,999; 4.5% on any balance above $250,000
- Bankfirst is a Victorian bank — confirm your state/territory is eligible for online account opening
Risks
- NoteID verification required. Only submit documents in the official app or website.
- Note18+ only. You may need to show ID when buying or collecting.
- NoteNo end date given. The price or offer could end at any time.
- NoteBankfirst is a smaller institution; while deposits are covered up to $250,000 by the FGS scheme just like the majors, brand recognition and branch network are limited.
- NoteThis is a variable rate, not a fixed term — the bank can adjust it without notice.
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