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3.25 % p.a. Interest rate

Internet Saver


Planning a holiday, building a buffer or just wanting your money to work harder?

The Internet Saver helps you grow your savings with a competitive interest rate, flexible access, and no monthly account-keeping fees.

So, what are the perks?

Is the Internet Saver right for you?

The Internet Saver is ideal if you're looking for:

  • A simple savings account with flexible access
  • A place to grow your savings, without locking your money away
  • A fee-free account backed by a trusted, member-owned bank

Start growing your savings today

Already a member? Open an Internet Saver online in minutes in Internet Banking. Go to Account Services -> Open an Account and follow the prompts. 

You can speak with our friendly Contact Centre Team on 1300 688 825 if you’d like help getting started. 

Become a Member

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

Features, Rates 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 3.25% p.a.
Over $25,000 to $50,000 3.25% p.a.
Over $50,000 to $100,000 3.25% p.a.
Over $100,000 to $250,000 3.25% p.a.
Over $250,000 3.25% 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 →
Compare all savings and investment accounts Compare now →

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.

 

 

Open an account within Internet Banking

Already a Member? Open an account instantly online at your convenience.

Log on to Internet Banking to open your account online now.

Looking for something else?

View and compare our Savings and Investment Accounts

Need more support? We're here to help

  • 1

    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. Rates are subject to change.

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.