Teachers Mutual Bank savings account reviews

Teachers Mutual Bank
Teachers Mutual Bank's overall rating for savings accounts

(as rated by the Mozo community)

8.4 / 10

based on 80 reviews

Price

Features

Customer service

Convenience

Trust

Full review

Featured savings account from Teachers Mutual Bank

Recent Teachers Mutual Bank savings account reviews

Teachers Mutual Bank

Teachers Mutual Bank savings account review

Overall rating   8 / 10

Great service

Its an easy to use bank with a lot of options. They always seem very willing to help in anyway they can.

Full review

Its an easy to use bank with a lot of options. They always seem very willing to help in anyway they can.

    Price   7 / 10

    Features   7 / 10

    Customer service   7 / 10

    Convenience   9 / 10

    Trust   9 / 10

Less

Suzanne (NSW), reviewed 9 months ago

Teachers Mutual Bank

Teachers Mutual Bank Online Savings Account savings account review

Overall rating   8 / 10

Easy to access and easy to navigate

Great people that understand my lifestyle

Full review

Great people that understand my lifestyle

    Price   9 / 10

    Features   8 / 10

    Customer service   10 / 10

    Convenience   6 / 10

    Trust   10 / 10

Less

Jack (NSW), reviewed 9 months ago

Teachers Mutual Bank

Teachers Mutual Bank Online Savings Account savings account review

Overall rating   10 / 10

Great staff. Great bank.

Been banking with them for more than 30 years! Very happy with service, products and offers.

Full review

Been banking with them for more than 30 years! Very happy with service, products and offers.

    Price   7 / 10

    Features   6 / 10

    Customer service   10 / 10

    Convenience   8 / 10

    Trust   10 / 10

Less

Mary (VIC), reviewed 10 months ago

Teachers Mutual Bank

Teachers Mutual Bank Cash Management Account savings account review

Overall rating   8 / 10

Excellent, excellent, excellent

Great bank if you're a teacher or related to one. I love that they give scholarships to teachers in training. Excell

Full review

Great bank if you're a teacher or related to one. I love that they give scholarships to teachers in training. Excell

    Price   8 / 10

    Features   7 / 10

    Customer service   10 / 10

    Convenience   4 / 10

    Trust   9 / 10

Less

Mike (NSW), reviewed 10 months ago

Teachers Mutual Bank

Teachers Mutual Bank Cash Management Account savings account review

Overall rating   10 / 10

Very friendly approachable bank.

Very friendly, helpful, call back service, low account keeping fees.

Full review

Very friendly, helpful, call back service, low account keeping fees.

    Price   10 / 10

    Features   10 / 10

    Customer service   10 / 10

    Convenience   10 / 10

    Trust   10 / 10

Less

Nancy (ACT), reviewed 10 months ago

Teachers Mutual Bank

Teachers Mutual Bank Online Savings Account savings account review

Overall rating   10 / 10

Personal service, very professional & competitive

You are not just an account number, you are personally looked after and treated respectfully as a person. I have never felt silly asking for help and their customer service is the best with no comparison! Everything is dealt with immediately and...

Full review

You are not just an account number, you are personally looked after and treated respectfully as a person. I have never felt silly asking for help and their customer service is the best with no comparison! Everything is dealt with immediately and if the teller or customer service dept can't help, they call apron someone else who can while you are at the branch. Even while on the phone, you are not left waiting long at all. I would never go to any other banking institute.

    Price   10 / 10

    Features   10 / 10

    Customer service   10 / 10

    Convenience   10 / 10

    Trust   10 / 10

Less

Cloe (VIC), reviewed 11 months ago

Teachers Mutual Bank

Teachers Mutual Bank Online Savings Account savings account review

Overall rating   7 / 10

Great communication and no strings

Very limited branches

Full review

Very limited branches

    Price   10 / 10

    Features   3 / 10

    Customer service   5 / 10

    Convenience   3 / 10

    Trust   10 / 10

Less

Tara (NSW), reviewed 11 months ago

Teachers Mutual Bank

Teachers Mutual Bank Online Savings Account savings account review

Overall rating   9 / 10

Great for a savings account.

This bank is great, the only downside is that the actual physical buildings are few and far between! Everything else works great for me. It's just a trek to get out there if I ever need to see them in person.

Full review

This bank is great, the only downside is that the actual physical buildings are few and far between! Everything else works great for me. It's just a trek to get out there if I ever need to see them in person.

    Price   10 / 10

    Features   8 / 10

    Customer service   10 / 10

    Convenience   7 / 10

    Trust   10 / 10

Less

Elizabeth (NSW), reviewed 12 months ago

Teachers Mutual Bank

Teachers Mutual Bank Online Savings Account savings account review

Overall rating   8 / 10

Always friendly and helpful.

Very friendly bank who try to do their best for members. The only con I can think of is their branch is at Homebush which takes about 45 minutes to travel to. Not a major problem.

Full review

Very friendly bank who try to do their best for members. The only con I can think of is their branch is at Homebush which takes about 45 minutes to travel to. Not a major problem.

    Price   7 / 10

    Features   8 / 10

    Customer service   8 / 10

    Convenience   3 / 10

    Trust   10 / 10

Less

Michael (NSW), reviewed 12 months ago

Teachers Mutual Bank

Teachers Mutual Bank Online Savings Account savings account review

Overall rating   10 / 10

Small and secure.

It's a small bank, so I always get great customer service and feel like I'm not just another number to them.

Full review

It's a small bank, so I always get great customer service and feel like I'm not just another number to them.

    Price   10 / 10

    Features   10 / 10

    Customer service   10 / 10

    Convenience   7 / 10

    Trust   10 / 10

Less

Laura (VIC), reviewed 12 months ago

Teachers Mutual Bank

Teachers Mutual Bank savings account review

Overall rating   7 / 10

Great customer service

Decent pricing, competitive loan products, great customer care.

Full review

Decent pricing, competitive loan products, great customer care.

    Price   6 / 10

    Features   6 / 10

    Customer service   6 / 10

    Convenience   7 / 10

    Trust   8 / 10

Less

Chris (NSW), reviewed about 1 year ago

Teachers Mutual Bank

Teachers Mutual Bank Online Savings Account savings account review

Overall rating   3 / 10

Overpriced

I get charged a $5 access fee every month, even if I don't withdraw anything.

Full review

I get charged a $5 access fee every month, even if I don't withdraw anything.

    Price   2 / 10

    Features   3 / 10

    Customer service   4 / 10

    Convenience   2 / 10

    Trust   4 / 10

Less

Rachael (QLD), reviewed about 1 year ago

Teachers Mutual Bank

Teachers Mutual Bank Online Savings Account savings account review

Overall rating   10 / 10

Great customer help and easy to contact.

Nothing is too much trouble. I get to speak to a real person who understands my needs.

Full review

Nothing is too much trouble. I get to speak to a real person who understands my needs.

    Price   10 / 10

    Features   10 / 10

    Customer service   10 / 10

    Convenience   10 / 10

    Trust   10 / 10

Less

Patricia (NSW), reviewed about 1 year ago

Teachers Mutual Bank

Teachers Mutual Bank Reward Saver Account savings account review

Overall rating   10 / 10

Value awesome, looks after members

Good value.

Full review

Good value.

    Price   10 / 10

    Features   10 / 10

    Customer service   10 / 10

    Convenience   10 / 10

    Trust   10 / 10

Less

Vkhall (ACT), reviewed about 1 year ago

Teachers Mutual Bank

Teachers Mutual Bank Online Savings Account savings account review

Overall rating   10 / 10

Great customer service

Very helpful.

Full review

Very helpful.

    Price   10 / 10

    Features   10 / 10

    Customer service   10 / 10

    Convenience   10 / 10

    Trust   10 / 10

Less

Susan (NSW), reviewed about 1 year ago

Teachers Mutual Bank

Teachers Mutual Bank savings account review

Overall rating   10 / 10

Friendly and great customer service

Outstanding customer service, low fees, help, courteous - exists for benefit of members.

Full review

Outstanding customer service, low fees, help, courteous - exists for benefit of members.

    Price   9 / 10

    Features   9 / 10

    Customer service   10 / 10

    Convenience   10 / 10

    Trust   10 / 10

Less

Graham (NSW), reviewed about 1 year ago

Teachers Mutual Bank

Teachers Mutual Bank Online Savings Account savings account review

Overall rating   10 / 10

Great preminiums and true to their word.

I changed to this bank from a very popular government bank because they didn't have the product I needed. I have now been with this bank for 13 years and prior to that went for loans as they had reasonable interest rate repayments. Much lower than...

Full review

I changed to this bank from a very popular government bank because they didn't have the product I needed. I have now been with this bank for 13 years and prior to that went for loans as they had reasonable interest rate repayments. Much lower than other banks. I have never looked backed.

    Price   8 / 10

    Features   10 / 10

    Customer service   10 / 10

    Convenience   10 / 10

    Trust   10 / 10

Less

Janette (NSW), reviewed about 1 year ago

Teachers Mutual Bank

Teachers Mutual Bank Online Savings Account savings account review

Overall rating   10 / 10

Easy to use and extremely cooperative staff

All income goes in. Easily accessible via card. Easy to access and use online.

Full review

All income goes in. Easily accessible via card. Easy to access and use online.

    Price   8 / 10

    Features   9 / 10

    Customer service   10 / 10

    Convenience   10 / 10

    Trust   10 / 10

Less

Joe (NSW), reviewed about 1 year ago

Teachers Mutual Bank

Teachers Mutual Bank savings account review

Overall rating   9 / 10

Excellent customer service

The personal service is excellent, especially if you are having problems with internet banking.

Full review

The personal service is excellent, especially if you are having problems with internet banking.

    Price   7 / 10

    Features   6 / 10

    Customer service   10 / 10

    Convenience   9 / 10

    Trust   10 / 10

Less

Barbara (QLD), reviewed about 1 year ago

Teachers Mutual Bank

Teachers Mutual Bank Online Savings Account savings account review

Overall rating   9 / 10

Friendly, caring and supportive.

A friendly bank that values customer interests, low fees, easy online banking.

Full review

A friendly bank that values customer interests, low fees, easy online banking.

    Price   9 / 10

    Features   8 / 10

    Customer service   10 / 10

    Convenience   5 / 10

    Trust   8 / 10

Less

Jessica (NSW), reviewed over 1 year ago

Teachers Mutual Bank

Teachers Mutual Bank Reward Saver Account savings account review

Overall rating   9 / 10

Competitive prices with a smile.

I've been a satisfied customer for years. Their mobile bank and phone service makes up for not having regular shop fronts. Competitive prices and friendly, helpful staff.

Full review

I've been a satisfied customer for years. Their mobile bank and phone service makes up for not having regular shop fronts. Competitive prices and friendly, helpful staff.

    Price   10 / 10

    Features   8 / 10

    Customer service   10 / 10

    Convenience   6 / 10

    Trust   10 / 10

Less

Jacynta (NSW), reviewed over 1 year ago

Teachers Mutual Bank

Teachers Mutual Bank savings account review

Overall rating   10 / 10

Great customer service

Only 2 branches in Sydney but with the phone service it isn't necessary to go into the bank at all. The internet banking is simple to use and I am definitely no tech expert.

Full review

Only 2 branches in Sydney but with the phone service it isn't necessary to go into the bank at all. The internet banking is simple to use and I am definitely no tech expert.

    Price   10 / 10

    Features   10 / 10

    Customer service   10 / 10

    Convenience   3 / 10

    Trust   10 / 10

Less

Kathy (NSW), reviewed over 1 year ago

Teachers Mutual Bank

Teachers Mutual Bank Online Savings Account savings account review

Overall rating   9 / 10

Competitive and great service.

Very easy to deal with. Only negative is there are not enough branches.

Full review

Very easy to deal with. Only negative is there are not enough branches.

    Price   9 / 10

    Features   8 / 10

    Customer service   9 / 10

    Convenience   7 / 10

    Trust   9 / 10

Less

Nella (VIC), reviewed over 1 year ago

Teachers Mutual Bank

Teachers Mutual Bank savings account review

Overall rating   10 / 10

Terrific personal service. Creative solutions

This bank is helpful, always has found a solution to my problems.

Full review

This bank is helpful, always has found a solution to my problems.

    Price   9 / 10

    Features   8 / 10

    Customer service   10 / 10

    Convenience   9 / 10

    Trust   10 / 10

Less

Andrew (NSW), reviewed over 1 year ago

Teachers Mutual Bank

Teachers Mutual Bank Online Savings Account savings account review

Overall rating   7 / 10

Would recommend

Trusted and always happy to help with enquiries. Great online systems. Could have more ATM access but overall pretty happy with their service.

Full review

Trusted and always happy to help with enquiries. Great online systems. Could have more ATM access but overall pretty happy with their service.

    Price   8 / 10

    Features   6 / 10

    Customer service   7 / 10

    Convenience   5 / 10

    Trust   7 / 10

Less

Alexis (NSW), reviewed over 1 year ago

Mozo may receive a payment from financial providers listed on the site. Customer reviews are in no way affected by any commercial relationships Mozo has with providers. Reviewers may receive a voucher from Mozo in exchange for their review. Vouchers are given to all reviewers who meet our review guidelines regardless of the sentiment of their reviews.

Savings account comparisons on Mozo Rates updated daily

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    ME Online Savings Account

    • Savings Bank of the Year 2016
    • No minimum monthly deposit. Ongoing variable bonus rate
    • No monthly account-keeping fees

    special rate*

    3.05% p.a. (for $0 to $250,000)

    Ongoing bonus rate if during the month you make a weekly Tap & Go purchase with your ME Everyday Transaction Account buck Debit MasterCard.

    standard interest rate

    1.30% p.a.(for $0 and over)

    account fee per month

    $0.00

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    • Savings Bank of the Year 2016
    • No minimum monthly deposit. Ongoing variable bonus rate
    • No monthly account-keeping fees
    • Special rate conditions: Ongoing bonus rate if during the month you make a weekly Tap & Go purchase with your ME Everyday Transaction Account buck Debit MasterCard.
    • Access: Phone banking, Internet banking
    • Minimum balance: $0.00
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  • ANZ Online Saver

    ANZ Online Saver

    • Flexible high interest savings account plus exclusive online bonus interest offer for 6 months. Limited time only
    • Interest calculated daily and paid monthly
    • No minimum balance, no withdrawal fees and no fixed term requirements

    special rate*

    2.85% p.a. (for $0 and over)

    Bonus rate for the first 6 months from account opening. The bonus rate offer is only available to new ANZ Online Saver customers who have not held an ANZ Online Saver account during the last 6 months, and apply online.

    standard interest rate

    1.25% p.a.(for $0 and over)

    account fee per month

    $0.00

    Go to site

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    • Flexible high interest savings account plus exclusive online bonus interest offer for 6 months. Limited time only
    • Interest calculated daily and paid monthly
    • No minimum balance, no withdrawal fees and no fixed term requirements
    • Special rate conditions: Bonus rate for the first 6 months from account opening. The bonus rate offer is only available to new ANZ Online Saver customers who have not held an ANZ Online Saver account during the last 6 months, and apply online.
    • Access: BPay, Phone banking, Internet banking
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  • Bank Australia Bonus Saver

    Bank Australia Bonus Saver

    • High interest rate of up to 2.80%p.a.
    • Bonus interest
    • Access to your savings

    special rate*

    2.80% p.a. (for $1 and over)

    minimum deposit $100, no withdrawals

    standard interest rate

    0.15% p.a.(for $1 and over)

    account fee per month

    $0.00

    Go to site

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    • High interest rate of up to 2.80%p.a.
    • Bonus interest
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    • Special rate conditions: Minimum deposit of $100 and no withdrawals in the month
    • Access: BPay, Branch access, Phone banking, Internet banking
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  • ING DIRECT Savings Maximiser

    ING DIRECT Savings Maximiser

    • No ING DIRECT fees
    • Great variable rate every month, no matter how many times you withdraw
    • Anytime, anywhere banking with mobile app and 24/7 Australian call centre

    special rate*

    2.75% p.a. (for $0 to $100,000)

    For customers who also have an Orange Everyday and deposit their pay of $1,000+ each month.

    standard interest rate

    1.60% p.a.(for $0 and over)

    account fee per month

    $0.00

    Go to site

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    • No ING DIRECT fees
    • Great variable rate every month, no matter how many times you withdraw
    • Anytime, anywhere banking with mobile app and 24/7 Australian call centre
    • Special rate conditions: For customers who also have an Orange Everyday and deposit their pay of $1,000+ each month.
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    9.2

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  • RaboDirect 90 Day Notice Saver

    RaboDirect 90 Day Notice Saver

    • No monthly fees
    • Quick online applcation
    • Interest paid monthly

    special rate*

    2.75% p.a. (for $0 to $250,000)

    90 days notice required for withdrawals

    standard interest rate

    0% p.a.(for $0 and over)

    account fee per month

    $0.00

    Go to site

    More info

    • No monthly fees
    • Quick online applcation
    • Interest paid monthly
    • Special rate conditions: The notice period is the amount of time you have to wait before you can withdraw your planned transfers from your Notice Saver account.
    • Access: Internet banking
    • Minimum balance: $0.00
    • Other restrictions: Funds cannot be withdrawn without serving the minimum notice period.
    Overall rating

    8.0

    Based on 24 RaboDirect savings account reviews

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