Firefighters Mutual Bank
Essential Saver account
An interest bearing online savings account with a tiered interest rate structure
Savings & transaction accountsBank updated 16 Sept 2026
At a glance
- Base rate
- 3.00%
§ 01 — Rates · 5
| Type | Applies to | Term | Band | Rate | Comparison | Conditions |
|---|---|---|---|---|---|---|
| Variable | — | — | up to $250,000 | 5.00% | — | paid every 1 mo |
| Variable | — | — | $1,000,000–$5,000,000 | 3.00% | — | paid every 1 mo |
| Variable | — | — | $250,000–$500,000 | 5.00% | — | paid every 1 mo |
| Variable | — | — | $500,000–$1,000,000 | 5.00% | — | paid every 1 mo |
| Variable | — | — | $5,000,000+ | 3.00% | — | paid every 1 mo |
§ 03 — Features
Instant paymentsPayIDDigital bankingUnlimited transactions
- · No fees for accessing your account online or via phone banking.
- · 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 Firefighters Mutual Bank under the Consumer Data Right, last changed by them on 16 Sept 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.