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  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

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  Interest is calculated by applying the daily percentage rate applicable to each portion of the daily balance to the relevant balance tiers and paid monthly on the last day of every month. The daily percentage rate is the applicable annual percentage rate divided by 365. Up to 5.15% p.a. is a combined rate and includes a base interest rate of 2.75% p.a. and a promotional bonus interest rate of up to 2.40% p.a. Bonus interest applies for three months from the date of deposit on new electronic deposits made between 13 April and 31 May 2026. Eligible deposits are funds transferred from another bank. Internal transfers, cash and cheque deposits are not eligible. Deposits qualifying for bonus interest are reduced by withdrawals made from the account, starting with the earliest qualifying deposit. Rates are subject to change. Fees and charges may apply.

*Everyday transactions include over the counter withdrawals. No transaction fees apply to ATM withdrawals at The Mutual Bank, ANZ, Commonwealth Bank, NAB or Westpac ATMs. View our Product Disclosure Statement for more information on fees and charges that may apply.

The Mutual Bank was awarded Lender of the Year (Customer Owned Bank) – Home Loans, Term Deposit Account of the Year (Customer Owned Bank), Outstanding Customer Service – Personal Loans, Outstanding Customer Service – Car Loans and Finalist for Best for First Home Buyers (Finalist) in the 2025 WeMoney Financial Services Awards.