Savings Accounts

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Explore our Business Savings and Investment Accounts

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.

Business solutions for you

  • Business Viewpoint

    Our tailored Business Viewpoint Internet Banking platform allows you to delegate access to your accounts to nominated staff with varying levels of authority, including read-only access, to help reconcile accounts for your approval.

  • BPAY® Biller**

    BPAY® Biller is an electronic bill collection service that enables your customers to make BPAY® payments direct to your business account. This means fast payment of invoices, as funds are immediately available in your account once received.

  • Payroll Services

    You can create, modify and process payroll files, including future-dated payrolls within Internet Banking. For your security, only an authorised user can process payroll, and each user can be given their own unique login and access code.

  • Xero Bank Feeds

    You can register for ‘bank feeds’ in Xero so that transactional data is uploaded automatically each morning, eliminating the need manually upload statement data.

  • MYOB BankLink

    Our Internet Banking allows uploading/downloading of transaction files from/to MYOB for you to complete your bookkeeping more effectively. 

  • Direct Debit User Facility

    Eligible accounts allow you to participate in our Direct Debit User Facility, which enables you to make multiple direct debit transactions using the Bulk Electronic Clearing System’s Direct Debit functionality. An application fee applies.

  • Batch Processing and Rental Disbursement

    Batch process multiple transfers or rental disbursements by creating a batch .ABA payments file through your accounting software, such as MYOB or Xero, and uploading it to the Multiple Transfers menu item within Internet Banking.

    Bank Code: MMB | Bank ID or APCA number: 045107

Money management tools

Want to plan ahead with confidence? Our easy-to-use calculators can help you set savings goals and keep track of your spending, so you stay in control of your finances.

View all our online calculators →

Frequently Asked Questions

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.

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The Mutual Bank has been supporting regional communities with trusted banking for over 135 years

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.

 

Looking for something else?

View and compare our Business Transaction Accounts

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  • 1 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.
  • 2 Interest rates are subject to change. Interest is calculated by applying the daily percentage rate applicable to the daily balance as set out to the entire balance and paid on the last day of every month. The daily percentage rate is the applicable annual percentage rate divided by 365. Penalty Interest will be charged at a rate of 20.00% per annum on overdrawn accounts. This penalty interest will be calculated daily and charged on a monthly basis.

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Any advice or information on this site does not take into account your personal objectives, financial situation, or needs and you should consider whether it is appropriate for you. Please review our Product Disclosure Statement, Target Market Determinations, Terms and Conditions, Financial Services Guide, and Credit Guide before deciding to acquire a product.

Eligibility and lending criteria, conditions, fees, and charges apply to all loans. Interest rates, fees, and charges may change without notice. Information is current as at date of appearance and is subject to change. We use reasonable efforts to provide accurate and up to date information. However, mistakes may still occur from time to time, and we cannot guarantee that this website is free from any errors, inaccuracies or omissions. Maitland Mutual Limited trading as The Mutual Bank ABN 94 087 651 983 AFSL/Australian credit licence 238139.

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We acknowledge the Traditional Owners of the lands on which we operate and pay our respects to Elders past and present, and to emerging community leaders. We also acknowledge the important role Aboriginal and Torres Strait Islander peoples continue to play within the communities in which The Mutual Bank operates and where our team members reside.