The Mutual Bank logo

The Mutual Bank Internet Saver

Advertiser disclosure
Interest rate
2.00% p.a.(for $0 to $25,000)
Maximum rate
No Current Offer
Govt deposit guarantee
Yes up to $250,000

Details

Rates and fees information correct as at 5 October 2024. Mozo has robust processes to ensure our site is updated to reflect the latest information from providers. There may be the odd occasion where updates are delayed, so please confirm information before purchasing.
Rates

Balances from $0: 2.00% p.a.
Balances from $25,000: 3.00% p.a.
Balances from $50,000: 6.00% p.a.
Balances from $100,000: 0.00% p.a.

n/a

Special interest rate of 6% for balances $50,000 - $100,000 is available until 31 January 2025. Rate reverts to 4.50% on 1st Feb 25.

Fees

$0.00

n/a

Unlimited transactions.

$0.00

n/a

n/a

$0.00

$0.00

$0.00

$0.00

$0.00

$0.00

Other financial bits

$0.00

$5,000.00

Monthly

Features

no

n/a

no

no

no

no

no

no

yes

no

no

Maximum account balance is $1,000,000. Penalty Interest will be charged at a rate of 20.00% per annum on overdrawn savings accounts. This penalty interest will be calculated daily and charged on a monthly basis.

none

none

Customer Reviews

How are The Mutual Bank savings accounts rated by the Mozo community?

Overall
8.9/10
Price
8.5/10
Features
8.3/10
Customer service
9.4/10
Convenience
9.1/10
Trust
9.4/10
Based on 10 The Mutual Bank savings account reviews as rated by the Mozo customers. More about the Mozo Customer Ratings.
Mozo recommends that ratings are only one factor to be taken into account when deciding whether to take up any financial product offer.

About The Mutual Bank

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Macquarie

Savings Account

5.35% p.a. (for $0 to $250,000)

4.75% p.a.(for $0 to $1,000,000)

Yes up to $250,000

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ING

Savings Maximiser

5.50% p.a. (for $0 to $100,000)

0.55% p.a.(for $0 and over)

Yes up to $250,000

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Unity Bank

MoneyMAX

No Current Offer

4.70% p.a.(for $1 and over)

Yes up to $250,000

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ING

Savings Accelerator

3.55% p.a. (for $0 to $50,000)

2.85% p.a.(for $0 to $50,000)

Yes up to $250,000

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Westpac

Life - 18-29 years old

5.20% p.a. (for $0 to $30,000)

1.85% p.a.(for $0 and over)

Yes up to $250,000

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MyState Bank

Bonus Saver Account

5.00% p.a. (for $0 to $250,000)

0.05% p.a.(for $0 and over)

Yes up to $250,000

Thumbnail icon for Macquarie
Macquarie

Savings Account

5.35% p.a. (for $0 to $250,000)

Yes up to $250,000

4.75% p.a.(for $0 to $1,000,000)

Thumbnail icon for ING
ING

Savings Maximiser

5.50% p.a. (for $0 to $100,000)

Yes up to $250,000

0.55% p.a.(for $0 and over)

Thumbnail icon for Unity Bank
Unity Bank

MoneyMAX

No Current Offer

Yes up to $250,000

4.70% p.a.(for $1 and over)

Thumbnail icon for MyState Bank
MyState Bank

Bonus Saver Account

5.00% p.a. (for $0 to $250,000)

Yes up to $250,000

0.05% p.a.(for $0 and over)

Thumbnail icon for Westpac
Westpac

Life - 18-29 years old

5.20% p.a. (for $0 to $30,000)

Yes up to $250,000

1.85% p.a.(for $0 and over)

Thumbnail icon for ING
ING

Savings Accelerator

3.55% p.a. (for $0 to $50,000)

Yes up to $250,000

2.85% p.a.(for $0 to $50,000)

Thumbnail icon for ING
ING

Savings Maximiser

0.55% p.a.(for $0 and over)

5.50% p.a. (for $0 to $100,000)

Yes up to $250,000

Thumbnail icon for Westpac
Westpac

Life - 18-29 years old

1.85% p.a.(for $0 and over)

5.20% p.a. (for $0 to $30,000)

Yes up to $250,000

Thumbnail icon for MyState Bank
MyState Bank

Bonus Saver Account

0.05% p.a.(for $0 and over)

5.00% p.a. (for $0 to $250,000)

Yes up to $250,000

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First Option Bank

Kids Bonus Saver

0.05% p.a.(for $1 and over)

0.85% p.a. (for $5,556 and over)

Yes up to $250,000

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Auswide Bank

Ziggy Kids Saver

0.01% p.a.(for $0 and over)

3.01% p.a. (for $0 and over)

Yes up to $250,000

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ANZ

Progress Saver

0.01% p.a.(for $0 and over)

4.25% p.a. (for $0 and over)

Yes up to $250,000

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