Turn today's surplus into tomorrow's success. Enquire now to make it yours.
Whether you're managing surplus cash flow, setting aside funds for future investments or preparing for seasonal changes in income, we have an account that can support your business goals.
Our business savings accounts offer a variety of features—from flexible access to higher interest options—so you can choose the solution that best fits your financial strategy. With access to a Business Banker for personalised service and Business Viewpoint Internet Banking for your team, you’ll have the tools needed to manage your money with confidence and clarity.
Our Farm Management Deposit allows primary producers to set aside funds from profitable income years and earn interest.
Earn interest without locking your money away with a Business Internet Saver account.
Our business accounts are available to a wide range of entities, including sole traders, partnerships, companies, trusts, associations, and not-for-profits. Some accounts, such as trust accounts, are designed for specific industries like legal, real estate, or conveyancing services.
Most of our business accounts do not require a minimum opening balance. However, interest-earning accounts like the Business Maximiser or Internet Saver Business may have balance thresholds to qualify for interest.
Yes. All business accounts can be accessed through the Mutual App and Internet Banking, allowing you to view balances, transfer funds, pay bills, and download statements 24/7.
Yes. Our Business Maximiser, Internet Saver Business, and Farm Management Deposit accounts offer competitive interest on eligible balances. Interest is calculated daily and paid monthly or at maturity, depending on the account.
We’re proudly customer owned, which means we exist to benefit you. Not external shareholders. Whether you're opening your first account or planning for the future, we’re here with genuine service, great-value products and the kind of care only a mutual can offer.
View and compare our Business Transaction Accounts
Interest on Farm Management Deposits is calculated by applying the daily percentage rate to the account balance and paid at intervals as specified in the tables above. We may allow you to break your Farm Management Deposit before the Maturity Date, subject to you first providing us with a valid request in writing no less than 31 calendar days’ prior, unless financial hardship applies. A reduced interest rate applies if Farm Management Deposits are redeemed before Maturity Date. The reduced interest rate is 0.50% per annum calculated from the date the account was opened to the date of early redemption. The daily percentage rate is the applicable annual percentage rate divided by 365.
Tiered interest rates apply: Different interest rates may apply to different portions of account balances. Fees and charges may apply. Bonus rate promotion: Earn 3.50% p.a. interest by depositing new money to The Mutual Bank (excluding funds you currently have in existing accounts) between 1 June 2025 to 31 August 2025. Bonus Interest of 2.00% p.a. applies for 90 days from the date of each deposit of new money, less withdrawals made, during the promotional period, in addition to the base rate of 1.50% p.a. Interest rates are subject to change. We have not considered your personal objectives, financial situation, or needs. Please consider the PDS & TMD before deciding to acquire a product.
