We’re making saving simpler. Members can open a Term Deposit online in Internet Banking, anytime it suits. No branch visit, no paperwork. Just log in, choose your term, and start earning!
Why our Members love Term Deposits
- Certainty: Lock in a higher interest rate for a fixed term.
- Simplicity: One application, one confirmation, clear timelines.
- Focus: Put funds aside and watch your savings grow.
It’s as easy as logging in to Internet Banking and following the prompts.
Not yet a Member of The Mutual Bank?
Join online in minutes, then once your Internet Banking is established you can log in to open your Term Deposit.
We’ve been proud to see our products recognised, including Term Deposit Account Of The Year (Customer Owned Bank) at the 2025 WeMoney Banking Awards, reflecting our focus on Member value and service.
Ready to get started?
Open a Term Deposit online in Internet Banking today.
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.

