If you’re looking for a high return on your savings and want your money available when you need it, then a Cash Management account is for you.
Take advantage of:
- no account keeping fee
- no minimum balance
- high interest rate
- instant access to your funds
- even better returns with a lower minimum balance for Edvest members.
Interest rates
Effective 1 January 2013
Cash Management account
Up to $4,999 $5,000 and over |
0.10% pa 2.80% pa |
Edvest Cash Management account
Up to $1,999 $2,000 and over |
0.10% pa 2.85% pa |
Tiered interest calculated daily and credited monthly.
Fees and charges
Account keeping fees Number of free withdrawals per month Internet and phone banking transfers and balance enquiries SMS banking |
$0 unlimited Free Free |
|
|
>See our full fees and charges
You have many ways to access your Cash Management account.
Internet banking
In internet banking, you can access your account 24/7. Check balances, transactions and do transfers. To withdraw from this account, you will need to transfer to your transaction account.
Phone banking
Call 13 21 40 anytime to check balances, transactions, transfer money to and from the account and into your transaction account to withdraw.
Over the counter
Visit our Homebush or Rooty Hill offices to deposit and withdraw your money
Direct your pay and income
You can easily arrange for all or part of your pay, dividends, government allowances or rental income to be automatically deposited into your account.

Electronic deposits
Transfer from your accounts at other financial institutions to Teachers Mutual Bank. This can be set up as a one-off or recurring transfer.

For more information on account access, read our
Access options.
Here are some other ways we can help you:
Switch to Teachers Mutual Bank
Once you’re a member, switching all your banking to us is easier than ever.
Our other savings accounts
Achieve your savings goals sooner by choosing the savings account which works best for you.
Edvest - Over 50's
Rewards begin at 50 with Edvest.
Make the most of your money overseas
By using a Multi-Currency Cash Passport or buying foreign cash or travellers cheques for your next trip.
