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.

You’ll need to become a Member to open an Everyday Direct account

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.

Icon of no monthly fees. 

No monthly fees 

Icon of Mobile Banking 

Bank online or on your mobile

Icon of the Teachers Mutual Bank Security Promise. 

Protected by our Security Promise 

Interest rates
$2k and over 1.75%pa
up to $1,999 1.75%pa
Interest rates effective date Interest rates effective 1 December 2023
Interest rates type


Other information


 Transaction  Fee



Pay anyone


EFTPOS transactions


Money Account Keeping Fee


Excess Usage Charge


Overdrawn Account Fee


Overlimit Fee Free


Australia Post Transactions


Direct Debit Dishonour


Unsuccessful Payment Fee


Online Banking


Periodical Payments


Can I set up an Online Savings account as a joint account?

The account can be opened with a maximum of 2 account holders who both need to be Members. If you choose to open the account as a joint account where both account holders need to authorise withdrawals, both Members can either visit their local branch together, or call the contact centre with both Members present, or complete the Transaction and savings account application form with both Members to sign.

What is the minimum deposit and withdrawal on this account?

There are no minimum deposit or withdrawal restrictions.

Can’t find the answers you’re looking for? Read all our FAQs in our Help Centre.

UniBank Security Promise

Our commitment to you

Our Security Promise is your guarantee we are working around the clock to protect you, your identity and your money. This includes repaying money lost to fraud so long as you’ve complied with our terms and conditions and haven’t contributed to the loss.