Australian Mutual Bank
Starter 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 19 Aug 2026
At a glance
- Base rate
- 4.25%
§ 01 — Rates · 2
| 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 | 5.25% | — | 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+ | 4.25% | — | paid every 1 mo |
§ 03 — 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…
§ 04 — Eligibility & 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.
§ 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 19 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.