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Up to 2.25 % p.a. Interest rate

Internet Saver


Planning that dream holiday? Eyeing a new set of wheels? Or simply keen to see your savings flourish?

With the Internet Saver, you’ll be one step closer to achieving your financial goals faster.

So, what are the perks?

Become a Member

Joining is easy - it only takes a few minutes to complete the application online or in person.

Features, Rate and Further Information

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
Staff assisted transactions : Branch and contact centre
Internet Saver Interest Rate (p.a.)
Up to $25,000 2.25% p.a.
Over $25,000 to $50,000 2.25% p.a.
Over $50,000 to $250,000 2.25% p.a.
Over $250,000 0.00% p.a.

 

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 →
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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

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

Need more support? We're here to help

  • 1 Tiered interest rates apply: Different interest rates may apply to different portions of account balances. Fees and charges may apply. Interest rates are subject to change. Interest is calculated by applying the daily percentage rate to the different portions of the daily balance and paid monthly on the last day of each 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 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

Financial Claims Scheme information available at fcs.gov.au.