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Internet Saver

Our Internet Saver account is an at call savings account with no monthly account fees and a tiered variable interest rate structure. It allows you to earn interest on your savings while being able to access your funds at your convenience without an interest penalty. 

Internet Saver Interest Rates

Internet Saver Interest Rate (p.a.)
Up to $25,000 2.00% p.a.
Over $25,000 to $50,000 3.00% p.a.  
Over $50,000 to $100,000 6.00% p.a.
Over $100,000 0.00% p.a.

Product Features:

Everyday Banking
Mutual Visa Debit Card : No
ATM/Eftpos access : No
Internet banking : Yes
The Mutual App : Yes
NPP/PayTo/PayID/Osko® : Yes
BPAY® : Yes
Bank@Post : No
Apple Pay : No
Google Pay : No
Interest : Calculated daily, paid monthly.
Sub-Accounts : Up to 3
Minimum opening balance : $0

Things to note...

View Rates

View Target Market Determinations

View Important Documents

Savings calculators

Want to explore the numbers? Estimate your projected savings, plan your budget and more with our range of helpful calculators.

We're ready to help you

Important Information

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.

® Registered to BPAY Pty Ltd ABN 69 079 137 518

Footnotes:

    

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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.

The Mutual Bank acknowledges the Traditional Custodians of Country across Australia and recognises their continuing connection to lands, waters and communities. We pay our respects to Aboriginal and Torres Strait Islander cultures and to Elders past and present.