Teachers Mutual Bank savings accounts

Teachers Mutual Bank savings accounts at a glance

As of 20 Sept 2026, Teachers Mutual Bank has 1 savings account in our dataset. The highest advertised rate is 5.00% p.a. on Essential Saver account (no monthly conditions; first $1,000,000). Rates were last verified on 20 Sept 2026 against the bank's official product pages.

Rates as of 20 Sept 2026
Bank	Product	Max rate	Ongoing rate	Intro offer	Top rate applies to	Conditions
Teachers Mutual Bank	Essential Saver account	5.00% p.a.	Up to 5.00% p.a.	—	First $1,000,000	No monthly conditions.

Essential Saver account

Essential Saver account is an online savings account paying 5.00% p.a. on balances up to $1,000,000 with no monthly deposit, spending, or withdrawal conditions.

Last updated: 20 Sept 2026

Advertised rate

Up to 5.00% p.a.

Highest tier on the portion up to $1,000,000

Open account

Rate details

Ongoing rate

Up to 5.00% p.a.

First $1,000,000

5.00% p.a.

$1,000,000 to $5,000,000 portion

3.00% p.a.

Different portions of your balance earn different rates.

How to get the best rate

No monthly conditions.

Who can open it

Rates, eligibility and product terms can change. Check the bank's official page before opening an account.