Everyday Direct - An account for flexible, secure and stress-free banking.
EVERYDAY BANKING MADE SIMPLE
All the essentials, without the fees
- No monthly account fee4
- No electronic transaction fee4
- No Bank@Post transaction fee4
- Make payments on the go with Mobile Wallet6
- Manage your money with ease with our Mobile App5
“Win 1 of 5 $1,000 Cash Prizes” Promotion
Open to eligible new Teachers Mutual Bank members aged 18+ (excludes ACT residents). To enter, open a new Everyday Direct Account, make 3 eligible Visa Debit purchases, and maintain a minimum $50 balance until the end of the promotional period. Only one entry per person. Five winners will each receive $1,000 deposited into their eligible account. Total prize pool $5,000. Draw: 7 July 2026, Sydney.
See full Terms & Conditions for “Win 1 of 5 $1,000 Cash Prizes” Promotion
Who can apply?
Eligibility criteria
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Be an Australian citizen or permanent resident.
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Be either:
- Employed in, or retired from, the education sector.
- Studying or have graduated from an Australian university in education.
- Immediate family of a Teachers Mutual Bank member.
What you need to apply
- An Australian residential address.
- Identification documents with your full name, date of birth and address, such as a birth certificate or driver’s licence or passport, and Medicare card.
- Tax residency information.
If you’re setting up an account for a child, here’s what you need to know:
Quick tip: To open a membership or account for a child, parents or guardians must already be members of the Bank.
For children under 13
- As the child’s parent or legal guardian, you’ll need to open the account for them.
- You’ll need to provide the child’s birth certificate or passport.
- The child can’t be an account signatory yet — but once they turn 13, they can.
- When they turn 18, they will become responsible for managing their own account.
For children aged 13–17
- The account can be opened by a parent or guardian or by the child themself.
- If the child is opening the account, they’ll need to show either a birth certificate or a passport.
- Children 13 and older can be added as a signatory, as well as parents and guardians.
- When they turn 18, they will become responsible for managing their own account.
To open a joint Everyday Direct account, both members will need to:
- Visit a local branch together,
- Call us on 13 12 21 with both members present, or
- Complete and submit the Transaction and savings account application form for the account to be set up.
Quick tip: To open a joint account, both signatories will need to be members of the Bank.
Become a member in only a few minutes
When you join the bank as a member, we’ll open an Everyday Direct account for you.
Or visit us in person or contact us and we’ll send you an application form.
If you’re opening an account for a child under 13, you’ll need to take this approach.