Australian Mutual Bank
Momentum Saver account
The Momentum Saver account rewards savers with an ongoing bonus interest rate when you deposit a minimum of $100 and make no withdrawals during the month.
Savings & transaction accountsBank updated 26 Aug 2026
At a glance
- Base rate
- 0.10%
- Bonus rate
- 5.00%
- Up to
- 5.10%
§ 01 — Rates · 8
| Type | Applies to | Term | Band | Rate | Comparison | Conditions |
|---|---|---|---|---|---|---|
| Bonus | — | — | up to $250,000 | 5.00% | — | paid every 1 mo; Bonus interest earned for each month you deposit a minimum of $100, make no withdrawals during the month and the account has a credit balance at all times during that month. |
| Bonus | — | — | $1,000,000+ | 4.65% | — | paid every 1 mo; Bonus interest earned for each month you deposit a minimum of $100, make no withdrawals during the month and the account has a credit balance at all times during that month. |
| Bonus | — | — | $250,000–$500,000 | 4.90% | — | paid every 1 mo; Bonus interest earned for each month you deposit a minimum of $100, make no withdrawals during the month and the account has a credit balance at all times during that month. |
| Bonus | — | — | $500,000–$1,000,000 | 4.90% | — | paid every 1 mo; Bonus interest earned for each month you deposit a minimum of $100, make no withdrawals during the month and the account has a credit balance at all times during that month. |
| Variable | — | — | up to $250,000 | 0.10% | — | paid every 1 mo |
| Variable | — | — | $1,000,000+ | 0.10% | — | paid every 1 mo |
| Variable | — | — | $250,000–$500,000 | 0.10% | — | paid every 1 mo |
| Variable | — | — | $500,000–$1,000,000 | 0.10% | — | paid every 1 mo |
§ 03 — Features
Instant paymentsPayIDDigital bankingUnlimited transactions
- · Bonus interest earned for each month you deposit a minimum of $100, make no withdrawals during the month and the account has a credit balance at all times during that month.
- · No fees for accessing your account online.
- · No monthly access fee.
- · No minimum balance.
§ 04 — Eligibility & limits
- · Residency: Individuals must be citizens or permanent residents of Australia.
- · You must be a member. Membership is open to current or retired employees of the Australian education sector or family members of members (i.e. shareholders) of the Bank.
§ 05 — Compare
§ 06 — Run the numbers
Put this product through a calculator
Published by Australian Mutual Bank LTD under the Consumer Data Right, last changed by them on 26 Aug 2026. Figures are shown as the institution publishes them and can change without notice; confirm on their site before applying. The Finance Algorithm earns nothing from any product listed here.