Victoria Teachers Mutual Bank

Online Saver

When Victoria Teachers Mutual Bank started in 1972, we had 48 customers and $480 in start-up capital. Today, we have more than 87,000 customers and over $1.8 billion in assets.

The founding Members of Victoria Teachers Mutual Bank were educators who wanted to create a better economic life for people working in education, as well as their families. Their goals were to provide superior service, a fair deal, and a strong, secure organisation that puts its customers first.

In more than three decades we have never strayed from our commitment to provide value to our Members and the Education Community. We're the only financial institution in Victoria focusing on people working in education and their families.

After all these years, our organisation might have grown, but our values have stayed the same. To find out more, visit us at victeach.com.au or call 1300 654 822.

$
Company Victoria Teachers Mutual Bank
Maximum Interest Earned $7.29 per month
Total Interest Earned $456.56
Advertised Rate 1.75%
Maximum Rate 1.75% No end date
Bonus Conditions N/A
Indicative Age Restrictions N/A
Account Keeping Fee $0
Minimum Opening Deposit $0
Cheque Deposit Fee $0
Reporting Options Flexible
Star Rating Online Saver
Star Rating Bonus Saver
Star Rating Junior Saver Not Rated

Product Features

Does this account allow transactions via an ATM?
Does this account allow transactions via an EFTPOS facility?
Whether this account offers a facility to pay bills using Bpay?
If this account allows transactions online
Whether this account offers access to telephone banking
Whether a cheque book is offered with this account
If this account allows you to process transactions at a branch
If this account allows you to directly deposit your salary

Maximum rate includes base rate plus bonuses, if applicable. Interest Earned is indicative only, and based on the the maximum interest rate for this product over a one month period. Conditions may apply in both instances.

Consider whether this general financial advice is right for your personal circumstances. You may need financial advice from a qualified adviser. Read our detailed disclosure here.

Find out more about our information service
This is an information service. By browsing on the website and/or using our search tools, you are asking RateCity to provide you with information about products from multiple financial institutions. We will try to show you a range of products in response to your request for information. The search results do not include all providers and may not compare all features relevant to you, for further details refer to our FSCG. The rating shown is only one factor to take into account when considering these products. We are not a credit provider, and in giving you product information we are not making any suggestion or recommendation to you about a particular credit product. If you decide to apply for a product, you will deal directly with a financial institution, and not with RateCity. Rates and product information should be confirmed with the relevant financial institution, and you should review the PDS before you decide to purchase. See our terms of use for further details. This advice is general and has not taken into account your objectives, financial situation or needs. Consider whether this advice is right for you.