First Option Save Account Summary

Requirements

• Variable annual rates calculated daily and credited monthly. Rates apply to each balance portion as expressly defined by the October provider rate schedule.
• The ordinary account keeping fee is $0. The standard membership administration fee is $5 per month, charged once per member. Fee/mth includes it unless an automatic age waiver is established. It is waived with an average monthly aggregate balance of at least $1,000, an active loan or credit card, age 25 or under, or the first three months of membership. A selected balance alone does not prove the monthly average.
• Optional paper statements cost $3 per statement, waived under age 12, this is not a mandatory monthly account fee. Dormant accounts over 12 months can incur $75 annually. Current fee documents supersede stale CDR age-21 and $2.50-per-month paper-statement wording.
• No monthly deposit, growth, purchase or withdrawal-count interest condition. At-call online/app access.
• The CDR INTRODUCTORY component is the annual-rate uplift across all portions. The October schedule explicitly adds this uplift for four months, including above $2 million. The displayed introductory rate is the resulting total at the selected balance, not the uplift alone or a headline from another band.
• The provider page describes the full introductory tier rate as replacing the standard rate. It must not be added to the standard rate a second time. Ongoing pricing remains separate from introductory pricing.