Scheduled payments for 25 - 27 December 2025 will be processed in advance on Wednesday 24 December 2025.
Scheduled payments for Thursday 1 January 2026, will be processed in advance on Wednesday 31 December 2025.
Up to
3.90
%
p.a.
Interest rate
Secure, reliable returns and a higher rate of interest
Looking for a low-risk way to grow your savings? A Term Deposit offers a fixed interest rate and guaranteed returns over a set period, so you know exactly what to expect.
With competitive rates and terms from one month to 3 years, it’s a smart choice for investors who want stability and peace of mind. Whether you're investing for a short-term goal or planning ahead, you can earn more and worry less.
Enquire now to open an account and watch your savings soar.
Financial Claims Scheme
Australian Government Guarantee
Eligible deposits held with The Mutual Bank are protected under the Financial Claims Scheme up to $250,000 per account holder.
Product Features:
Savings and Investments |
|
|---|---|
| Minimum opening balance : | $1,000 |
| Choice of fixed terms : | 1 month to 3 years |
| Interest payment frequencies : | At maturity, monthly, quarterly, half yearly or annually |
| Staff assisted transactions : | Branch and contact centre |
| Investment Term | Interest Payment Frequency | $1,000 to $499,999 | $500,000 to $1,000,000 |
| 1 month | at maturity | 2.70% p.a. | 2.75% p.a. |
| 2 months | at maturity | 3.20% p.a. | 3.25% p.a. |
| 3 months | at maturity | 3.75% p.a. | 3.80% p.a. |
| 4 months | at maturity | 3.90% p.a. | 3.90% p.a. |
| 5 months | at maturity | 2.95% p.a. | 3.00% p.a. |
| 6 months | at maturity | 3.80% p.a. | 3.80% p.a. |
| 7 months | at maturity | 2.95% p.a. | 3.00% p.a. |
| 8 months | at maturity | 2.95% p.a. | 3.00% p.a. |
| 9 months | at maturity | 3.45% p.a. | 3.50% p.a. |
| 10 months | at maturity | 2.95% p.a. | 3.00% p.a. |
| 11 months | at maturity | 2.95% p.a. | 3.00% p.a. |
| 12 months | monthly | 3.55% p.a. | 3.60% p.a. |
| 12 months | quarterly | 3.55% p.a. | 3.60% p.a. |
| 12 months | half yearly | 3.60% p.a. | 3.65% p.a. |
| 12 months | at maturity | 3.65% p.a. | 3.70% p.a. |
| 24 months | monthly | 3.20% p.a. | 3.20% p.a. |
| 24 months | quarterly | 3.20% p.a. | 3.20% p.a. |
| 24 months | half yearly | 3.25% p.a. | 3.25% p.a. |
| 24 months | annually | 3.30% p.a. | 3.30% p.a. |
| 36 months | monthly | 3.40% p.a. | 3.40% p.a. |
| 36 months | quarterly | 3.40% p.a. | 3.40% p.a. |
| 36 months | half yearly | 3.45% p.a. | 3.45% p.a. |
| 36 months | annually | 3.50% p.a. | 3.50% p.a. |
For investment enquiries over $1,000,000 please contact our Members Services team on 1300 688 825.
| 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 → |
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.
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