Savings account

MOMENTUM SAVER — Teachers Mutual Bank

Current savings rate from Teachers Mutual Bank. Compare the ongoing rate, bonus conditions, and eligibility in one place.

MOMENTUM SAVER

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5.10% p.a.
ongoing rate
Rate breakdown
Base rate: 0.10%
Bonus rate: + 5.00%
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.

Bonus rate applies on balances up to $250,000

Rate current since 2 Jun 2026.

Rate History

The MOMENTUM SAVER rate has not changed since we started tracking on 2 Jun 2026. Current rate: 5.10% p.a.

From To Ongoing rate p.a.
2 Jun 2026 5.10% Current

What to know

This page focuses on the ongoing rate: 5.10% p.a.

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.

If you miss the conditions in a given month, you earn only the base rate: 0.10% p.a.

The bonus component is capped at $250,000.

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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.

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