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Victoria Teachers Mutual Bank: Serving the education community

Australian Government Guaranteed Deposits




Savings

Bonus Saver

Saving for a home loan, overseas trip or special gift? Get there faster.

Be rewarded for saving with bonus interest.1 A perfect account to save for a home, holiday or special gift.


Benefits and Features:

  • Bonus interest rate.1
  • No establishment fee on your Mutual Bank Home Loan.2
  • No minimum opening deposit.
  • Funds available anytime.
  • Interest calculated daily.
  • Interest credited monthly.
  • Available to everyone.

Apply


  1. When you make at least one deposit of a minimum of $1.00 and no withdrawals during the month.
  2. On the condition that you maintain a minimum balance of $10,000 in your Bonus Saver Account over a period of three months prior to applying for a Victoria Teachers Mutual Bank Home Loan and having your Home Loan funded by Victoria Teachers Mutual Bank.

Rates & Fees

Bonus Saver Account Interest Rate (S98)1

Base Rate

With Bonus Rate2

$0-$14,999

0.05% p.a.

4.05% p.a.

$15,000-$29,999

0.10% p.a.

4.10% p.a.

$30,000 +

0.25% p.a.

4.25% p.a.

Please refer to Terms and Conditions: Part B for details on transaction fees

Apply


Terms and Conditions

Part A - Product Information
Part B - Fees and Charges
Part C - Interest Rates

  1. Interest Rates effective 10 May 2012.
  2. Bonus rate applies when no withdrawals and at least one deposit of a minimum of $1.00 is made in the month.

Calculators

Budget Calculator

Wondering where your money goes? Help plan for the future by doing your budget online.

 

More Information

Download

Product Range Brochure

This brochure provides information on Victoria Teachers Mutual Bank and the features and benefi ts of our products and services. If you would like further information.

 

How to Apply

If you are not already enjoying the benefits of banking with a customer owned organisation, become a new customer today.

Join Online

If you are already a customer, you may select any of the following options:

Internet Banking

If you are a registered Internet Banking user, selected accounts can now be opened online. Simply click on ‘Open Savings Account’ under the Services Menu next time you log into Internet Banking.

 


Call


Over the phone

By calling our friendly Member Service Consultants on 1300 654 822 between 8:00am and 7:00pm Monday to Thursday and Friday 8:00am and 6:00pm.

 

Download

Download a Transaction/Savings Account application

Complete the application and return it to the Mutual Bank by mail, fax or take it to one of our Service Centres.

 



Visit a Service Centre

Complete an application in person at our Camberwell or Moonee Ponds Service Centres.