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A fun and flexible way for kids to start saving
Our Mighty Mutual account helps children learn the value of saving while encouraging smart money habits. With bonus interest for regular deposits, no monthly fees and a colourful passbook to track their progress, it’s a rewarding way to make saving exciting from an early age.

Product Features:
Everyday Banking |
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Monthly fee : | $0 |
Internet banking : | Yes |
The Mutual App : | Yes |
BPAY® : | Yes |
Mutual Alerts : | Yes |
Interest : | Calculated by applying the daily percentage rate to the daily balance and paid monthly. |
Minimum opening balance : | $0 |
Staff assisted transactions : | Branch and contact centre |
Mighty Mutual | Interest rate |
All balances | Up to 3.75% p.a. |
Bonus Interest of 10% of the amount of interest earned is payable if there are no withdrawals for the month.
Document or Information | View or Download |
Fees, charges and limits | Download PDF → |
Target market determinations | Learn more → |
Interest rates | Learn more → |
Important documents | Learn more → |
Compare all savings and investment accounts | Compare now → |
Why bank with us?
You're gonna love us
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 Savings and Investment Accounts