Australian Mutual BankStarter Saver account
Starter Saver Account is a high interest savings account for Under 30 year olds and uni students that rewards savings.
Savings & transaction accountsBank updated 1 Oct 2026
At a glance
- Base rate
- 4.50%
Rates
Every rate Australian Mutual Bank publishes for this account, 2 in all.
| Type | Applies to | Term | Band | Rate | Comparison | Conditions |
|---|---|---|---|---|---|---|
| VariableThe product pays members a higher rate of interest on balances up to $50,000.00, with a stepped down rate for balances $50,000.01 and over. Members have funds available at call, with flexibility to a… | - | - | up to $50,000 | 5.50% | - | paid every 1 mo |
| VariableThe product pays members a higher rate of interest on balances up to $50,000.00, with a stepped down rate for balances $50,000.01 and over. Members have funds available at call, with flexibility to a… | - | - | $50,000+ | 4.50% | - | paid every 1 mo |
Rate changes
2 changes logged, newest first.
| Date | Rate | Was | Now | Change |
|---|---|---|---|---|
| 1 Oct 2026 | Variable, up to $50,000 | 5.25% | 5.50% | up 0.25 |
| 1 Oct 2026 | Variable, $50,000+ | 4.25% | 4.50% | up 0.25 |
Each change is logged the night it appears in the rates Australian Mutual Bank LTD publishes. See how every lender answered the RBA on the rate tracker.
Features
Instant paymentsPayIDDigital bankingUnlimited transactions
- The product pays members a higher rate of interest on balances up to $50,000.00, with a stepped down rate for balances $50,000.01 and over. Members have funds available at call, with flexibility to a…
Eligibility and limits
- Maximum age 29
- 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.
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Published by Australian Mutual Bank LTD under the Consumer Data Right, last changed by them on 1 Oct 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.