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Special Variable, Owner Occ 6.19 % p.a. Interest rate 6.19 % p.a. Comparison rate

Product Name

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Investment Term Deposit Interest Payment Frequency Interest Rate
$1,000 to $499,999 at maturity 1 month 1.20% p.a.
$500,000 to $1,000,000 at maturity 1 month 1.25% p.a.
2 months $1,000 to $499,999 at maturity 1.70% p.a.
2 months $500,000 to $1,000,000 at maturity 1.75% p.a.
$1,000 to $499,999 quarterly 36 months 3.90% p.a.
$500,000 to $1,000,000 quarterly 36 months 3.90% p.a.
$500,000 to $1,000,000 monthly 36 months 3.90% p.a.
$1,000 to $499,999 monthly 36 months 3.90% p.a.
$1,000 to $499,999 at maturity 8 months 3.95% p.a.
11 months $1,000 to $499,999 at maturity 3.95% p.a.
$1,000 to $499,999 half yearly 36 months 3.95% p.a.
10 months $1,000 to $499,999 at maturity 3.95% p.a.
$500,000 to $1,000,000 half yearly 36 months 3.95% p.a.
7 months $1,000 to $499,999 at maturity 3.95% p.a.
$1,000 to $499,999 9 months at maturity 3.95% p.a.
$500,000 to $1,000,000 9 months at maturity 4.00% p.a.
10 months $500,000 to $1,000,000 at maturity 4.00% p.a.
7 months $500,000 to $1,000,000 at maturity 4.00% p.a.
11 months $500,000 to $1,000,000 at maturity 4.00% p.a.
annually $1,000 to $499,999 36 months 4.00% p.a.
$500,000 to $1,000,000 at maturity 8 months 4.00% p.a.
annually $500,000 to $1,000,000 36 months 4.00% p.a.
$500,000 to $1,000,000 at maturity 4 months 4.30% p.a.
$1,000 to $499,999 at maturity 4 months 4.30% p.a.
$1,000 to $499,999 at maturity 3 months 4.50% p.a.
$500,000 to $1,000,000 at maturity 3 months 4.50% p.a.
$500,000 to $1,000,000 24 months monthly 4.60% p.a.
$1,000 to $499,999 24 months quarterly 4.60% p.a.
$500,000 to $1,000,000 24 months quarterly 4.60% p.a.
$1,000 to $499,999 24 months monthly 4.60% p.a.
$500,000 to $1,000,000 half yearly 24 months 4.65% p.a.
$1,000 to $499,999 half yearly 24 months 4.65% p.a.
$1,000 to $499,999 at maturity 6 months 4.70% p.a.
annually $500,000 to $1,000,000 24 months 4.70% p.a.
$500,000 to $1,000,000 at maturity 6 months 4.70% p.a.
annually $1,000 to $499,999 24 months 4.70% p.a.
12 months $1,000 to $499,999 monthly 5.10% p.a.
12 months $1,000 to $499,999 quarterly 5.10% p.a.
$500,000 to $1,000,000 at maturity 5 months 5.15% p.a.
$1,000 to $499,999 at maturity 5 months 5.15% p.a.
12 months $500,000 to $1,000,000 monthly 5.15% p.a.
12 months $1,000 to $499,999 half yearly 5.15% p.a.
12 months $500,000 to $1,000,000 quarterly 5.15% p.a.
12 months $500,000 to $1,000,000 half yearly 5.20% p.a.
12 months $500,000 to $1,000,000 at maturity 5.25% p.a.
12 months $1,000 to $499,999 at maturity 5.25% p.a.

Product Features:

Savings and Investments
Minimum opening balance : $1,000
Choice of fixed terms : 1 month to 3 years
Interest payment frequencies : At maturity, monthly, quarterly, half yearly or annually
Staff assisted transactions : Branch and contact centre

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Frequently Asked Questions

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Frequently Asked Questions

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  • 1

    Rate includes a discount margin off Reference Rate Owner Occupied Budget Home Loan Variable Rate. Margin and rate subject to change. Rate only available for new loans to The Mutual Bank with minimum new loan amount of $100,000 and maximum LVR of 80%. Offer may be withdrawn at any time.

  • 2

    Comparison rate calculated on a loan amount of $150,000 over a term of 25 years. WARNING: This comparison rate is true only for the examples given and may not include all fees and charges. Different terms, fees, or other loan amounts might result in a different comparison rate.

  • 3

    Interest on Term Deposits is calculated by applying the daily percentage rate to the account balance and paid at intervals as specified in the tables above. The daily percentage rate is the applicable annual percentage rate divided by 365. We may allow you to break your Term 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. At our discretion we may refuse to open or accept a Term Deposit at any time. If we allow you to access your term deposit funds before maturity, an interest rate reduction will apply. The amount of interest charged as an interest rate adjustment will depend on how early in the term you seek to access your funds. Percentage of term lapsed: 0% to less than 20% - Interest rate reduction 90% of your deposit rate 20% to less than 40% - Interest rate reduction 80% of your deposit rate, 40% to less than 60% - Interest rate reduction 60% of your deposit rate, 60% to less than 80% - Interest rate reduction 40% of your deposit rate 80% to less than 100% - Interest rate reduction 20% of your deposit rate