Savings account
Essential Saver account — Teachers Mutual Bank
Current savings rate from Teachers Mutual Bank. Compare the ongoing rate, bonus conditions, and eligibility in one place.
Essential Saver account
View on bank website ↗ongoing rate
Rate breakdown
Base rate: 5.00%
How to earn it
No conditions
Rate current since 2 Jun 2026.
Rate History
The Essential Saver account rate has not changed since we started tracking on 2 Jun 2026. Current rate: 5.00% p.a.
| From | To | Ongoing rate p.a. |
|---|---|---|
| 2 Jun 2026 | — | 5.00% Current |
What to know
This page focuses on the ongoing rate: 5.00% p.a.
This account is effectively a no-hoops saver: it has no monthly conditions.
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The information on this page is general in nature and does not constitute financial advice. Rates are subject to change — verify directly with the provider before making a financial decision.