Savings account
MOMENTUM SAVER
Current savings rate from Teachers Mutual Bank. Compare the ongoing rate, bonus conditions, introductory offers, and eligibility in one place.
MOMENTUM SAVER
View on bank website ↗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.
What to know
This page focuses on the ongoing rate: 4.85% p.a. That is the rate after any honeymoon period ends.
To earn the full rate, you need to meet these conditions: 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.