Earn up to 5.50%p.a. variable interest on your savings
Maximise your savings potential with Target Saver, our new savings account designed to help you reach your savings target faster and achieve your goals sooner. Make the most out of every dollar saved with Target Saver.
Savings, meet $0 Everyday transactions
Target Saver account
Super-charge your savings with Teachers Mutual Bank’s Target Saver account. Easy to use with $0 monthly account fees, Target Saver accounts offer high interest payments to dedicated savers who meet three easy bonus conditions.
5.49%p.a. variable bonus rate, 0.01%p.a variable base rate1
No maximum deposit limits (Deposits over $5,000,000 are subject to acceptance at the bank’s discretion)
$0 monthly account fees
To qualify for your bonus interest, all you have to do each month is:
- Deposit a minimum of $1000
- Make no withdrawals
- Keep a positive balance in your account at all times
Get in touch
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For products and services, conditions, fees and charges apply. These may change or we may introduce new features or fees and charges in the future. Full details are available on this website or on request. Lending criteria apply to approval of credit products. This information is general in nature and does not take your personal objectives, circumstances or needs into account. Consider its appropriateness to these factors before acting on it. Read the disclosure documents for your selected product or service, including the Terms and Conditions or Product Disclosure Statement, before deciding. Unless otherwise specified, the products and services described on this website are available only in Australia from or through Teachers Mutual Bank Limited ABN 30 087 650 459 AFSL and Australian Credit Licence 238981.
10.01%p.a variable base rate and 5.49%p.a variable bonus rate. All interest rates quoted are subject to change at our discretion.