Everyday Direct - An account for flexible, secure and stress-free banking.
EVERYDAY BANKING MADE SIMPLE
All the essentials, without the fees
- $0 monthly account keeping fee4
- $0 electronic transaction fees4
- $0 overdraw and excess usage fees4
- $0 Bank@Post transaction fees4
Australia-wide access
- Access 13 branches and 3,500+ Bank@Post locations
- Withdraw cash at 10,000+ ATMs across Australia
- All with $0 transaction fees4
Digital banking made easy
- Simple, secure Mobile App5
- PayID for quick, easy payments7
- Pay on the go with Mobile Wallet6
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.
Teachers Mutual Bank “Win 1 of 5 $1,000 Cash Prizes” Promotion winners
The Teachers Mutual Bank “Win 1 of 5 $1,000 Cash Prizes” Promotion has now closed. The winners are: S Maycock, postcode 2529; R Dobber, postcode 2747; H Anderson, postcode 5073; J Sands, postcode 2570; L Gavriloff, postcode 2137. Each winner has won a $1,000 cash prize, to be paid into their eligible Teachers Mutual Bank transaction account in accordance with the promotion Terms and Conditions. Thank you to everyone who participated, and congratulations to the winners.