1. Skip to navigation
  2. Skip to content
  3. Skip to sidebar

Victoria Teachers Mutual Bank: Serving the education community

Australian Government Guaranteed Deposits




Transaction

Deeming Account

For those on certain Government pensions. The interest rate is aligned with the current Government deeming rate.

Available to people receiving certain Government pensions, this account is for handling your day-to-day transactions.


Benefits and Features:

  • Higher interest rate than a standard savings account.
  • Funds available at any time.
  • Line Of Credit can be arranged to cover overdrawn amounts.
  • Internet and Phone Banking access.
  • Linked to your Mutual Bank Visa Debit/ ATM card(s) and Cheque Book.
  • No minimum balance requirements.
  • Interest calculated daily.
  • Interest credited quarterly.
  • Available to pensioners.

Apply


 

Rates & Fees

Deeming Account Interest Rate (S9)1

$0-$44,600

3.00% p.a.

$44,601 and over

4.50% 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.

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 Member, you may select any of the following options:

Download

Download a Deeming Account Application

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

 


Call


Call and request information

Speak to a friendly Member Service Consultant on 1300 654 822 between 8:00am and 7:00pm Monday to Thursday and Friday 8:00am and 6:00pm.

 



Visit a Service Centre

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

Please note: Photocopies of both sides of your pension cards are required with this application.