New Teachers Online Savings account With this account, you have full control – you can transfer funds, check your balance and more. It’s simple to open in internet banking and only takes a few minutes. Talk to us Phone us Email us Breadcrumbs Teachers Mutual Bank Accounts New Teachers Online Savings account $0 Access Fee 1.56%pa Interest rate $3 Staff Assist Fee $0 Minimum Amount Apply New Teachers Online Savings account If you like the convenience of saving online and to be rewarded with a high interest rate, the Online Savings account is the solution. Avoiding and minimising fees Join Savings calculator Features and benefits Rates and fees Have you considered? Features and benefits New Teachers Online Savings account features and benefits If you like the convenience of saving online and to be rewarded with a high interest rate, the Online Savings account is the solution. With this account, you have full control — you can transfer funds, check your balance and more. Enjoy: SMS banking Internal transfers No minimum balance Free online and phone banking balance enquiries Free online and phone banking transfers Simplicity of setting up a regular savings plan Convenience of managing your account online 24/7 access via internet, mobile app and phone banking Track payments with SMS and email alerts Access to online banking anywhere, anytime Direct credits View all accounts Rates and fees Interest rates Interest rate 1.56%pa Interest rates effective date Interest rates effective 1 September 2016 Interest rates type Variable Other information Additional Statements Fee Free via online banking Staff Assist Fee $3 For full details of our fees please review the Fees and charges brochure. Have you considered? Here are some other ways we can help you Switch to Teachers Mutual Bank Once you’re a member, switching all your banking to Teachers Mutual Bank is easier than ever. Make the switch Our other savings accounts Achieve your savings goals sooner by choosing the savings account which works best for you. View all accounts Make the most of your money overseas Purchase a Cash Passport Platinum MasterCard for your next trip. Learn more Managing your account Useful information for making the most of your accounts. Savings calculator Ways to bank with us Which account is for you Avoiding and minimising fees BPAY View Managing your account Banking for kids Switch your account to us Managing your account To become a member, you'll need: To be an Australian citizen or permanent resident 18 years old or over + Identification + Account details to purchase your share in the bank Join *Important information Conditions of use—Accounts and access Fees and charges brochure Back to top.