8.5 / 10

based on 780 reviews as rated by Mozo community

Teachers Mutual Bank savings accounts

Teachers Mutual Bank (formerly Teachers Credit Union) offers its members a competitive range of personal banking and insurance products. They "Put you first" by offering a range of Home Loans, Credit Cards and day to day bank and savings accounts. Teachers Mutual Bank is focussed on the education community and their families so to join the Teachers Mutual Bank bank you must be a teacher, lecturer or instructor at a school, TAFE or university or a student studying education.

Teachers Mutual Bank offers the following savings accounts

Rates and fees verified as correct at 31 October, 2020. Other information correct at the time of writing. Advertiser disclosure.

Product Interest rate Maximum rate Govt deposit guarantee
Cash Management Account

0.15% p.a.(for $5,000 and over)

No Current Offer

Yes up to $250,000

Mighty Saver Account

0.10% p.a.(for $0 and over)

1.55% p.a. (for $0 and over)

Yes up to $250,000

Online Savings Account

0.50% p.a.(for $2,000 and over)

No Current Offer

Yes up to $250,000

Reward Saver Account

0.10% p.a.(for $0 and over)

1.00% p.a. (for $0 and over)

Yes up to $250,000

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How are Teachers Mutual Bank savings accounts rated?

Mozo users have rated Teachers Mutual Bank savings accounts on price, features, convenience, trust and customer service so you can see what real Aussies have to say about their experiences.

Icon of savings-accounts
Teachers Mutual Bank savings accounts
Overall
8.4/10
Price
Features
Customer service
Convenience
Trust

228 Reviews

Recent Teachers Mutual Bank savings account reviews

Teachers Mutual Bank Savings Account review
Overall 4/10
Good but not competitive, will probably close.

App is great, customer service is great, but money takes too long to appear in my account.

Read full review

App is great, customer service is great, but money takes too long to appear in my account.

Price
4/10
Features
4/10
Customer service
6/10
Convenience
7/10
Trust
7/10
Less
Jamison, Australian Capital Territory reviewed 3 months ago
Teachers Mutual Bank Online Savings Account review
Overall 8/10
Excellent customer service

This bank has proved to be honest and reliable over the many years I have been with them.

Read full review

This bank has proved to be honest and reliable over the many years I have been with them.

Price
8/10
Features
8/10
Customer service
8/10
Convenience
8/10
Trust
8/10
Less
Neil, New South Wales reviewed about 1 year ago
Teachers Mutual Bank Savings Account review
Overall 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.

Read 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, New South Wales reviewed over 4 years ago
Teachers Mutual Bank Online Savings Account review
Overall 8/10
Easy to access and easy to navigate

Great people that understand my lifestyle

Read 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, New South Wales reviewed over 4 years ago

Savings account quick links