Interest rates effective 31 October 2024. All interest rates quoted are subject to change at our discretion. Interest is calculated on daily balances and credited monthly.
For products and services, Conditions of Use - Accounts and Access, and Fees and Charges apply. These may change or we may introduce new features or fees and charges in the future. Full details are available on this website or on request. This information is general in nature and does not take your personal objectives, circumstances or needs into account. Consider its appropriateness to these factors before acting on it. Read the disclosure documents for your selected product or service, including the Terms and Conditions or Product Disclosure Statement, before deciding. Unless otherwise specified, the products and services described on this website are available only in Australia from or through Teachers Mutual Bank Limited ABN 30 087 650 459 AFSL and Australian Credit Licence 238981.
For savings accounts no longer offered for sale please click here.
1 Deposits over $5,000,000 (in aggregate across all your Essential Saver accounts) are subject to acceptance at the bank's discretion. The interest rate(s) applicable are dependent on the relevant interest rate tier/tiers based on account balance.
2 You should consider whether this service is appropriate for you before acquiring it. For additional information please refer to our Security Guide for electronic transactions and the Mobile App Terms of Use. Internet connection is needed to access the Mobile App. Normal mobile data charges apply. We test mobile banking to ensure compatibility with the majority of popular devices, but cannot guarantee compatibility with all devices and operating systems. The Mobile App is free to download, however your mobile network provider may charge you for accessing data on your phone. We recommend that you read the App Terms of Use and consider if this service is appropriate to you prior to making a decision to use the Mobile App. We test the Mobile App to ensure compatibility with the majority of popular devices, but cannot guarantee that it will be compatible with all devices and operating systems.
3 Google Pay - You should consider whether this service is appropriate for you before acquiring it. Terms and conditions apply to the use of Google PayTM and Teachers Mutual Bank Mobile Wallet and are available on our website. Smart phone must be NFC (Near Field Communication) enabled and running Lollipop 5.0 and above. Access to the system is subject to availability and maintenance. We do not charge a fee to allow you to use your Visa card in Google PayTM. Internet data charges may be incurred through your mobile service provider – check with your Internet Service Provider for more details. Android, Google PayTM and Google logo are trademarks of Google Inc.
Apple Pay - You should consider whether this service is appropriate for you before acquiring it. Terms and conditions apply to the use of Apple Pay and Teachers Mutual Bank Mobile Wallet and are available on our website. Access to the system is subject to availability and maintenance. We do not charge a fee to allow you to use your Visa card in Apple PayTM. Internet data charges may be incurred through your mobile service provider – check with your Internet Service Provider for more details. Apple, the Apple logo, Apple Pay, Apple Watch, iPad and iPhone are trademarks of Apple Inc, registered in the U.S. and other countries. Apple Pay works with iPhone 6 and later in stores, apps and websites in Safari; with Apple Watch in stores and apps, with iPad Pro, iPad Air 2 and iPad mini 3 and later in apps and websites; and with Mac in Safari with an Apple Pay enabled iPhone 6 or later or Apple Watch. For a list of compatible Apple Pay devices, see https://support.apple.com/en-us/HT208531.
The Responsible Investment Association Australasia (RIAA)
Retail mortgages and deposits have been certified by RIAA according to the strict operational and disclosure practices required under the Responsible Investment Certification Program. See www.responsibleinvestment.org for details. The Responsible Investment Certification Program does not constitute financial product advice. Neither the Certification Symbol nor RIAA recommends to any person that any financial product is a suitable investment or that returns are guaranteed. Appropriate professional advice should be sought prior to making an investment decision. RIAA does not hold an Australian Financial Services Licence.
Design and Distribution Obligations
The target market for this product will be found within the product’s Target Market Determination, available here.
