Pricing - FirstStep

Pricing

For most, it’s just half the cost of a decent coffee each month

0.275%p/a paid monthly

subject to a minimum of $1.25 or $1.95 per month

Minimum Account Fee
$1.25/month if you link a bank account to your FirstStep account this is what most FirstSteppers do
$1.95/month if you don’t (so that direct debit is used instead) this costs a little more to process

When your account balance reaches about $5,500, the minimum amount (whichever one) drops away, and instead you pay 0.275% of your FirstStep account balance per year. To give you a feel for that, if you had $10,000 in your FirstStep account, the monthly account fee would be about $2.30. Still half the cost of a coffee each month.