Firefighters Mutual BankMOMENTUM SAVER
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 13 Oct 2026
At a glance
- Up to
- 5.35%
- Base rate
- 0.10%
- Bonus rate
- 5.25%
Rates
Every rate Firefighters Mutual Bank publishes for this account, 8 in all.
How the rate is made up
5.35%in a month every condition is met
0.10% base rate5.25% bonus, when its conditions are met
To earn the bonus
- Max withdrawals
- Min deposit amount
| Type | Applies to | Term | Band | Rate | Comparison | Conditions |
|---|---|---|---|---|---|---|
| Bonus | - | - | up to $250,000 | 5.25% | - | paid every 1 mo; Max withdrawals; Min deposit amount; Bonus interest earned for each month you deposit a miniumum of $100, make no withdrawals during the month and the account has a credit balance at all times during the month. |
| Bonus | - | - | $1,000,000+ | 4.90% | - | paid every 1 mo; Max withdrawals; Min deposit amount; Bonus interest earned for each month you deposit a miniumum of $100, make no withdrawals during the month and the account has a credit balance at all times during the month. |
| Bonus | - | - | $250,000–$500,000 | 5.15% | - | paid every 1 mo; Max withdrawals; Min deposit amount; Bonus interest earned for each month you deposit a miniumum of $100, make no withdrawals during the month and the account has a credit balance at all times during the month. |
| Bonus | - | - | $500,000–$1,000,000 | 5.15% | - | paid every 1 mo; Max withdrawals; Min deposit amount; Bonus interest earned for each month you deposit a miniumum of $100, make no withdrawals during the month and the account has a credit balance at all times during the month. |
| Variable | - | - | up to $250,000 | 0.10% | - | paid every 1 mo; Max withdrawals; Min deposit amount |
| Variable | - | - | $1,000,000+ | 0.10% | - | paid every 1 mo; Max withdrawals; Min deposit amount |
| Variable | - | - | $250,000–$500,000 | 0.10% | - | paid every 1 mo; Max withdrawals; Min deposit amount |
| Variable | - | - | $500,000–$1,000,000 | 0.10% | - | paid every 1 mo; Max withdrawals; Min deposit amount |
Features
Instant paymentsPayIDDigital banking
- 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 or via phone banking.
- No monthly access fee.
- No minimum balance.
Eligibility and 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.
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Published by Firefighters Mutual Bank under the Consumer Data Right, last changed by them on 13 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.