Compare Firstmac savings and investments

Specialising in home loans, Firstmac still offers investment products with high returns.

No reviews yet. Write a review
Shirley Liu's headshot

By

Shirley Liu

Updated

Fact checked

Start comparing

For over 35 years Firstmac Limited has been providing Australians with alternative solutions to home and investment loans. Working out of offices in Sydney, Melbourne, Brisbane, the Gold Coast, and Singapore, Firstmac has backed over 84,000 home loans since the year 2000. They are a recognised financial institution and any deposits made with them are covered by the Australian Government Guarantee.

Who is Firstmac?

Firstmac specialises in home loans for both owner occupants and investors, but they also have investment products focused on rapid growth. These investment accounts include a high interest earning High Livez fund.

What’s Internet banking like for Firstmac?

You are able to apply for products online with Firstmac and keep track of your accounts through their website. Electronic transfers will also need to be enacted in order for you to make your deposits and receive your interest payments.

What about the mobile app?

Image Source: App Store
Quick BalanceSearch Transactions
Picture not describedPicture not described

What products does Firstmac offer?

Firstmac only provides Livez Fund at this current point in time.

What are the pros and cons of banking with Firstmac?

Pros

  • Competitive rates. The interest rates offered by Firstmac are competitive with what you find at other Australian financial institutions.
  • Payment options. Monthly interest payments can help in ensuring you meet your monthly obligations.

Cons

  • Lack of variety. Firstmac is a home loan lender first, with a limited number of investment products for customers to choose from.
Back to top
Shirley Liu's headshot
Written by

Publisher

Shirley Liu is Finder's global program manager. She was previously the publisher for banking and investments and has also written comparisons for energy, money transfers, Uber Eats and many other topics. Shirley has a Master of Commerce and a Bachelor of Media, Journalism and Communications from the University of New South Wales. She is passionate about helping people find the best deal for their needs. See full bio

More resources on Finder

Ask a question

You are about to post a question on finder.com.au:

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • finder.com.au is a financial comparison and information service, not a bank or product provider
  • We cannot provide you with personal advice or recommendations
  • Your answer might already be waiting – check previous questions below to see if yours has already been asked

Finder only provides general advice and factual information, so consider your own circumstances, or seek advice before you decide to act on our content. By submitting a question, you're accepting our Terms Of Service and Finder Group Privacy & Cookies Policy.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

2 Responses

    Default Gravatar
    JanetteApril 22, 2017

    When I didn’t finalise my Term Deposit Application online, I received an email stating I could give my Licence number for a quick ID check.

    Is that correct and safe to do so?

    Thank you,
    Janette

      Default GravatarFinder
      DeeApril 23, 2017Finder

      Hi Janette,

      Thanks for your question.

      If you want to confirm that the email is legitimate, you may want to directly call Firstmac on 13 12 20. Alternatively, you may also click the ‘go to site’ button on our page and get in touch with their customer support.

      Cheers,
      Anndy

Read more on Bank Accounts

  • Australian debit card statistics

    Explore how the typical Australian uses their debit card in our detailed guide to debit card statistics.
  • ANZ Plus Growth Saver Account

    A multi-goal savings account that lets you earn interest, set and track up to 99 savings goals, all from the one app.
  • ANZ Plus Everyday Account

    ANZ Plus Everyday offers a linked everyday and savings account with no monthly account fees. Plus, access digital tools and features to help you budget and save for different goals.
  • Adelaide Bank savings and bank accounts

    These bank accounts are exclusively for existing Adelaide Bank home loan customers and have benefits and features you may not find elsewhere.
  • Kids debit cards

    Support your child's financial knowledge and teach important real-life money skills in a safe and controlled way with a kids debit card.
  • Compare Qudos Bank savings accounts

    World travellers benefit with Qudos rewards points when they choose the Qudos Bank to hold on to their savings.
  • Compare Police Bank savings accounts

    Take care of all your financial needs through one institution that has the best interest of Australian police officers in mind.
  • Baby bank accounts

    It’s never too early to start saving, so opening a bank account for your baby can be a great idea.
  • ME Bank savings and bank accounts

    ME Bank is an online bank that offers a high interest savings account and fee-free everyday bank account. See ME's accounts and latest rates here.

  • Tap and go: How to make contactless payments

    How do contactless payments work, are contactless payments safe and which banks offer tap-and-go technology? Find out in this guide.

Go to site
OSZAR »