Teachers Mutual Bank
Credit unionTeachers Mutual Bank is a member-owned institution serving the education community. Its Starter Saver account offers a 5.0% ongoing rate with no stated bonus conditions, though it is restricted to members aged 29 and under. The Momentum Saver reaches 4.85% but requires a minimum $100 monthly deposit, no withdrawals, and a credit balance maintained throughout the month to earn the 4.75% bonus on top of a 0.1% base rate. The Essential Saver pays a straightforward 4.25% with no listed conditions.
Savings Accounts
ongoing rate
Rate breakdown
Base rate: 0.10%
Bonus rate: + 4.75%
How to earn it
Bonus interest earned for each month you deposit a miniumum of $100, make no withdrawals during the month and the account has a credit balance at all times during the month.
Rate current since 19 May 2026.
ongoing rate
Rate breakdown
Base rate: 4.75%
How to earn it
No conditions
Rate current since 1 May 2026.
2.75% p.a.
ongoing rate
Rate breakdown
Base rate: 2.75%
How to earn it
No conditions
Rate current since 4 Apr 2026.