{
  "source": "https://openbanking.themutual.com.au/OpenBanking/cds-au/v1/banking/products/Everyday_Business",
  "note": "Product Reference Data published by the data holder under the Consumer Data Right, as cached by this site (refreshed every 6 hours).",
  "data": {
    "features": [
      {
        "featureType": "ADDITIONAL_CARDS"
      },
      {
        "featureType": "BILL_PAYMENT",
        "additionalValue": "BPAY",
        "additionalInfo": "Pay bills using BPAY"
      },
      {
        "featureType": "CARD_ACCESS",
        "additionalValue": "Visa Debit Card"
      },
      {
        "featureType": "NPP_PAYID"
      },
      {
        "featureType": "NPP_ENABLED"
      },
      {
        "featureType": "OVERDRAFT",
        "additionalInfo": "Available to approved applicants only"
      },
      {
        "featureType": "NOTIFICATIONS",
        "additionalValue": "Mutual Alerts - Balance, low and high balance, deposit, withdrawal"
      },
      {
        "featureType": "DIGITAL_BANKING"
      },
      {
        "featureType": "DIGITAL_WALLET",
        "additionalValue": "Apple Pay and Google Pay"
      },
      {
        "featureType": "OTHER",
        "additionalInfo": "Staff assisted transactions - Branch and Contact Centre"
      },
      {
        "featureType": "UNLIMITED_TXNS"
      }
    ],
    "constraints": [
      {
        "constraintType": "OPENING_BALANCE",
        "additionalValue": "0.00"
      },
      {
        "constraintType": "MIN_BALANCE",
        "additionalValue": "0.00"
      }
    ],
    "eligibility": [
      {
        "eligibilityType": "BUSINESS",
        "additionalInfo": "A domestic business with an ABN or ACN where relevant (e.g. company, sole trader, partnership, association, trust)",
        "additionalInfoUri": "https://www.themutual.com.au/business-banking/business-accounts/all-business-banking/"
      },
      {
        "eligibilityType": "OTHER",
        "additionalInfo": "Where an overdraft is approved, the overdraft will be secured by residential property, commercial property and/or business assets"
      }
    ],
    "fees": [
      {
        "name": "CHEQUE_DISHONOUR",
        "feeType": "EVENT",
        "feeMethodUType": "fixedAmount",
        "fixedAmount": {
          "amount": "9.00"
        },
        "feeCap": "0.00",
        "currency": "AUD",
        "additionalInfo": "A dishonoured cheque is a cheque that is not paid by the financial institution on which it is drawn. A dishonour fee will apply each time the cheque is presented for payment and dishonoured.",
        "additionalInfoUri": "https://www.themutual.com.au/help-support/important-documents/"
      },
      {
        "name": "DIRECT_ENTRY_DISHONOUR",
        "feeType": "EVENT",
        "feeMethodUType": "fixedAmount",
        "fixedAmount": {
          "amount": "9.00"
        },
        "feeCap": "0.00",
        "currency": "AUD",
        "additionalInfo": "Payable when a direct entry (inward and outward) is dishonoured.",
        "additionalInfoUri": "https://www.themutual.com.au/help-support/important-documents/"
      },
      {
        "name": "DOCUMENT_FEE",
        "feeType": "EVENT",
        "feeMethodUType": "fixedAmount",
        "fixedAmount": {
          "amount": "60.00"
        },
        "feeCap": "0.00",
        "currency": "AUD",
        "additionalInfo": "$60.00 per hour (subject to minimum $10.00 per copy). Payable if you request copies of documents such as withdrawal forms or statements, or you ask us to verify a transaction performed on your Account e.g. evidence of a Visa Debit Card purchase.",
        "additionalInfoUri": "https://www.themutual.com.au/help-support/important-documents/"
      },
      {
        "name": "FOREIGN_CURRENCY_CONVERSION_SERVICE_FEE",
        "feeType": "TRANSACTION",
        "feeMethodUType": "rateBased",
        "rateBased": {
          "rateType": "TRANSACTION",
          "rate": "0.0",
          "amountRange": {}
        },
        "feeCap": "0.00",
        "currency": "AUD",
        "additionalInfo": "A 1% service fee on the Australian dollar equivalent is payable for foreign currency transactions using your Mutual Visa Debit Card.",
        "additionalInfoUri": "https://www.themutual.com.au/help-support/important-documents/"
      },
      {
        "name": "MISCELLANEOUS_SERVICE_FEE",
        "feeType": "EVENT",
        "feeMethodUType": "fixedAmount",
        "fixedAmount": {
          "amount": "60.00"
        },
        "feeCap": "0.00",
        "currency": "AUD",
        "additionalInfo": "$60.00 per hour. Payable if you request information not covered by the Document Fee.",
        "additionalInfoUri": "https://www.themutual.com.au/help-support/important-documents/"
      },
      {
        "name": "OVERSEAS_TELEGRAPHIC_TRANSFER_(OUTWARD)_-_AUSTRALIAN_CURRENCY",
        "feeType": "EVENT",
        "feeMethodUType": "fixedAmount",
        "fixedAmount": {
          "amount": "50.00"
        },
        "feeCap": "0.00",
        "currency": "AUD",
        "additionalInfo": "Payable if we assist you send funds electronically overseas in Australian dollars.",
        "additionalInfoUri": "https://www.themutual.com.au/help-support/important-documents/"
      },
      {
        "name": "OVERSEAS_TELEGRAPHIC_TRANSFER_(OUTWARD)_-_FOREIGN_CURRENCY",
        "feeType": "EVENT",
        "feeMethodUType": "fixedAmount",
        "fixedAmount": {
          "amount": "30.00"
        },
        "feeCap": "0.00",
        "currency": "AUD",
        "additionalInfo": "Payable if we assist you send funds electronically overseas in a foreign currency.",
        "additionalInfoUri": "https://www.themutual.com.au/help-support/important-documents/"
      },
      {
        "name": "PHYSICAL_FOREIGN_CURRENCY",
        "feeType": "TRANSACTION",
        "feeMethodUType": "rateBased",
        "rateBased": {
          "rateType": "TRANSACTION",
          "rate": "0.0",
          "amountRange": {}
        },
        "feeCap": "0.00",
        "currency": "AUD",
        "additionalInfo": "1% of Australian currency equivalent amount. Payable when physical foreign currency is issued or purchased.",
        "additionalInfoUri": "https://www.themutual.com.au/help-support/important-documents/"
      },
      {
        "name": "UNCLAIMED_MONIES_FEE",
        "feeType": "CASH_ADVANCE",
        "feeMethodUType": "fixedAmount",
        "fixedAmount": {
          "amount": "20.00"
        },
        "feeCap": "0.00",
        "currency": "AUD",
        "additionalInfo": "The lessor $20.00 or account balance. Payable when an account is classified as dormant.",
        "additionalInfoUri": "https://www.themutual.com.au/help-support/important-documents/"
      },
      {
        "name": "REPLACEMENT_CARD_FEE_(INTERNATIONAL)",
        "feeType": "EVENT",
        "feeMethodUType": "fixedAmount",
        "fixedAmount": {
          "amount": "100.00"
        },
        "feeCap": "0.00",
        "currency": "AUD",
        "additionalInfo": "Payable if you request a replacement card when overseas via Visa Global Cardholder Assistance Service (GCAS), payable when the request is processed.",
        "additionalInfoUri": "https://www.themutual.com.au/help-support/important-documents/"
      },
      {
        "name": "REPLACEMENT_CARD_FEE_-_VISA_DEBIT_CARD",
        "feeType": "CASH_ADVANCE",
        "feeMethodUType": "variable",
        "variable": {},
        "feeCap": "0.00",
        "currency": "AUD",
        "additionalInfo": "$Nil - Payable if you request a replacement Visa Debit Card.",
        "additionalInfoUri": "https://www.themutual.com.au/help-support/important-documents/"
      },
      {
        "name": "ONLINE_INTERNATIONAL_TRANSFER_(OUTWARD)",
        "feeType": "EVENT",
        "feeMethodUType": "fixedAmount",
        "fixedAmount": {
          "amount": "30.00"
        },
        "feeCap": "0.00",
        "currency": "AUD",
        "additionalInfo": "Payable if you use online banking to transfer funds internationally.",
        "additionalInfoUri": "https://www.themutual.com.au/help-support/important-documents/"
      },
      {
        "name": "BECS_SPONSORSHIP",
        "feeType": "UPFRONT",
        "feeMethodUType": "fixedAmount",
        "fixedAmount": {
          "amount": "500.00"
        },
        "feeCap": "0.00",
        "currency": "AUD",
        "additionalInfo": "Subject to approval if your business requests sponsorship within BECS. $500.00 upfront fee, $0.25 per non direct debit item for The Mutual Bank, $Nil per direct debit item for The Mutual Bank.",
        "additionalInfoUri": "https://www.themutual.com.au/help-support/important-documents/"
      },
      {
        "name": "ATM_OWNER_FEE",
        "feeType": "CASH_ADVANCE",
        "feeMethodUType": "variable",
        "variable": {},
        "feeCap": "0.00",
        "currency": "AUD",
        "additionalInfo": "This fee amount is disclosed at the time of the ATM transaction and charged by the ATM owner for an ATM transaction including an ATM enquiry.",
        "additionalInfoUri": "https://www.themutual.com.au/help-support/important-documents/"
      },
      {
        "name": "AGENTS_COSTS_OVERDRAFT",
        "feeType": "CASH_ADVANCE",
        "feeMethodUType": "variable",
        "variable": {},
        "feeCap": "0.00",
        "currency": "AUD",
        "additionalInfo": "May apply if overdraft facility approved. Not ascertainable. Payable to us or our solicitor or their agent when they attend to the registration of a discharge of mortgage at your request or when an agent is required to attend a settlement, produce or lodge documents at the Lands and Property Services division of New South Wales Department of Lands or its equivalent in other jurisdictions.",
        "additionalInfoUri": "https://www.themutual.com.au/help-support/tools-services/lending-fees-and-charges/"
      },
      {
        "name": "CONSENT_FEE_OVERDRAFT",
        "feeType": "EVENT",
        "feeMethodUType": "fixedAmount",
        "fixedAmount": {
          "amount": "200.00"
        },
        "feeCap": "0.00",
        "currency": "AUD",
        "additionalInfo": "May apply if overdraft facility approved. Per consent. Payable to us when you ask us to consent to leasing, subdividing or any other dealing in relation to the security property.",
        "additionalInfoUri": "https://www.themutual.com.au/help-support/tools-services/lending-fees-and-charges/"
      },
      {
        "name": "DEFAULT_ADMINISTRATION_FEE_OVERDRAFTS",
        "feeType": "EVENT",
        "feeMethodUType": "fixedAmount",
        "fixedAmount": {
          "amount": "50.00"
        },
        "feeCap": "0.00",
        "currency": "AUD",
        "additionalInfo": "May apply if overdraft facility approved. Payable to us when you are in default because you have not (or a security provider has not) performed an obligation on time (including any obligation to pay money).",
        "additionalInfoUri": "https://www.themutual.com.au/help-support/tools-services/lending-fees-and-charges/"
      },
      {
        "name": "DISCHARGE_ADMINISTRATION_FEE_OVERDRAFT",
        "feeType": "EVENT",
        "feeMethodUType": "fixedAmount",
        "fixedAmount": {
          "amount": "200.00"
        },
        "feeCap": "0.00",
        "currency": "AUD",
        "additionalInfo": "May apply if overdraft facility approved. Per security. Payable to us each time we release a security.",
        "additionalInfoUri": "https://www.themutual.com.au/help-support/tools-services/lending-fees-and-charges/"
      },
      {
        "name": "DUPLICATE_FEE_OVERDRAFTS",
        "feeType": "EVENT",
        "feeMethodUType": "fixedAmount",
        "fixedAmount": {
          "amount": "20.00"
        },
        "feeCap": "0.00",
        "currency": "AUD",
        "additionalInfo": "May apply if overdraft facility approved. Per copied document. Payable to us when we provide a copy of a document at your request.",
        "additionalInfoUri": "https://www.themutual.com.au/help-support/tools-services/lending-fees-and-charges/"
      },
      {
        "name": "DUPLICATE_STATEMENT_FEE_OVERDRAFTS",
        "feeType": "EVENT",
        "feeMethodUType": "fixedAmount",
        "fixedAmount": {
          "amount": "7.00"
        },
        "feeCap": "0.00",
        "currency": "AUD",
        "additionalInfo": "May apply if overdraft facility approved. Payable to us when we provide a copy of a statement at your request.",
        "additionalInfoUri": "https://www.themutual.com.au/help-support/tools-services/lending-fees-and-charges/"
      },
      {
        "name": "INFORMATION_FEE_OVERDRAFTS",
        "feeType": "CASH_ADVANCE",
        "feeMethodUType": "fixedAmount",
        "fixedAmount": {
          "amount": "20.00"
        },
        "feeCap": "0.00",
        "currency": "AUD",
        "additionalInfo": "May apply if overdraft facility approved. $1.00 per minute ($20.00 minimum fee). The fee will be calculated on the actual time spent retrieving and providing the information requested. Payable to us to provide information and that information is provided in writing.",
        "additionalInfoUri": "https://www.themutual.com.au/help-support/tools-services/lending-fees-and-charges/"
      },
      {
        "name": "PRODUCTION_FEE_OVERDRAFTS",
        "feeType": "EVENT",
        "feeMethodUType": "fixedAmount",
        "fixedAmount": {
          "amount": "200.00"
        },
        "feeCap": "0.00",
        "currency": "AUD",
        "additionalInfo": "May apply if overdraft facility approved. Per document per production, plus any agents fees. Payable to us if we produce a document to the Land and Property Information division of the NSW Department of Lands or its equivalent in other jurisdictions.",
        "additionalInfoUri": "https://www.themutual.com.au/help-support/tools-services/lending-fees-and-charges/"
      },
      {
        "name": "RENEGOTIATION_FEE_OVERDRAFTS",
        "feeType": "CASH_ADVANCE",
        "feeMethodUType": "variable",
        "variable": {},
        "feeCap": "0.00",
        "currency": "AUD",
        "additionalInfo": "May apply if overdraft facility approved. Amount available on application. Payable to us whenever we agree to renegotiate or vary conditions on your loan other than altering interest rate options.",
        "additionalInfoUri": "https://www.themutual.com.au/help-support/tools-services/lending-fees-and-charges/"
      },
      {
        "name": "SECURITY_SUBSTITUTION_FEE_OVERDRAFTS",
        "feeType": "EVENT",
        "feeMethodUType": "fixedAmount",
        "fixedAmount": {
          "amount": "300.00"
        },
        "feeCap": "0.00",
        "currency": "AUD",
        "additionalInfo": "May apply if overdraft facility approved. Per new security. Payable to us to substitute a new security for an existing one.",
        "additionalInfoUri": "https://www.themutual.com.au/help-support/tools-services/lending-fees-and-charges/"
      },
      {
        "name": "LOAN/OVERDRAFT_SERVICE_FEE_COMM",
        "feeType": "CASH_ADVANCE",
        "feeMethodUType": "fixedAmount",
        "fixedAmount": {
          "amount": "50.00"
        },
        "feeCap": "0.00",
        "currency": "AUD",
        "additionalInfo": "Minimum fee $50.00 per quarter. Amount available on application. Fee is debited on your account quarterly in arrears on the last day of March, June, September and December.",
        "additionalInfoUri": "https://www.themutual.com.au/help-support/tools-services/lending-fees-and-charges/"
      },
      {
        "name": "SETTLEMENT_FEE_OVERDRAFTS",
        "feeType": "EVENT",
        "feeMethodUType": "fixedAmount",
        "fixedAmount": {
          "amount": "150.00"
        },
        "feeCap": "0.00",
        "currency": "AUD",
        "additionalInfo": "May apply if overdraft facility approved. Per settlement. Payable to us each time we or our solicitors attend settlement in connection with a security.",
        "additionalInfoUri": "https://www.themutual.com.au/help-support/tools-services/lending-fees-and-charges/"
      },
      {
        "name": "VALUATION_FEE_OVERDRAFTS",
        "feeType": "CASH_ADVANCE",
        "feeMethodUType": "variable",
        "variable": {},
        "feeCap": "0.00",
        "currency": "AUD",
        "additionalInfo": "May apply if overdraft facility approved. Valuation fees are available upon enquiry. Valuation Fees are payable in relation to each property to which a loan is secured, and may vary according to the location of the secured property.",
        "additionalInfoUri": "https://www.themutual.com.au/help-support/tools-services/lending-fees-and-charges/"
      },
      {
        "name": "OVERDRAWN_FEE",
        "feeType": "EVENT",
        "feeMethodUType": "fixedAmount",
        "fixedAmount": {
          "amount": "9.00"
        },
        "feeCap": "0.00",
        "currency": "AUD",
        "additionalInfo": "If your Account is overdrawn, without our prior agreement, a fee will be charged each time this occurs. Penalty interest (at the rate disclosed on the Deposit Interest Rate Schedule) will also be charged until the Account is brought back in order.",
        "additionalInfoUri": "https://www.themutual.com.au/help-support/important-documents/"
      },
      {
        "name": "DORMANT_ACCOUNT_FEE",
        "feeType": "EVENT",
        "feeMethodUType": "fixedAmount",
        "fixedAmount": {
          "amount": "20.00"
        },
        "feeCap": "0.00",
        "currency": "AUD",
        "additionalInfo": "This fee is charged to each of your Deposit Accounts closed due to dormancy. The lesser of $20.00 or the account balance.",
        "additionalInfoUri": "https://www.themutual.com.au/help-support/important-documents/"
      }
    ],
    "depositRates": [
      {
        "depositRateType": "VARIABLE",
        "rate": "0.0",
        "calculationFrequency": "P1D",
        "applicationType": "PERIODIC",
        "applicationFrequency": "P6M",
        "tiers": [
          {
            "name": "Everyday Business Account_Tier_1",
            "unitOfMeasure": "DOLLAR",
            "minimumValue": "0.00",
            "maximumValue": "2000.00",
            "rateApplicationMethod": "PER_TIER"
          }
        ],
        "additionalInfo": "Interest is calculated by applying the daily percentage rate to the different portions of the daily balance as set out and paid 6 monthly on 30 June and 31 December."
      },
      {
        "depositRateType": "VARIABLE",
        "rate": "0.0",
        "calculationFrequency": "P1D",
        "applicationType": "PERIODIC",
        "applicationFrequency": "P6M",
        "tiers": [
          {
            "name": "Everyday Business Account_Tier_2",
            "unitOfMeasure": "DOLLAR",
            "minimumValue": "2000.01",
            "maximumValue": "5000.00",
            "rateApplicationMethod": "PER_TIER"
          }
        ],
        "additionalInfo": "Interest is calculated by applying the daily percentage rate to the different portions of the daily balance as set out and paid 6 monthly on 30 June and 31 December."
      },
      {
        "depositRateType": "VARIABLE",
        "rate": "0.0",
        "calculationFrequency": "P1D",
        "applicationType": "PERIODIC",
        "applicationFrequency": "P6M",
        "tiers": [
          {
            "name": "Everyday Business Account_Tier_3",
            "unitOfMeasure": "DOLLAR",
            "minimumValue": "5000.01",
            "maximumValue": "20000.00",
            "rateApplicationMethod": "PER_TIER"
          }
        ],
        "additionalInfo": "Interest is calculated by applying the daily percentage rate to the different portions of the daily balance as set out and paid 6 monthly on 30 June and 31 December."
      },
      {
        "depositRateType": "VARIABLE",
        "rate": "0.0",
        "calculationFrequency": "P1D",
        "applicationType": "PERIODIC",
        "applicationFrequency": "P6M",
        "tiers": [
          {
            "name": "Everyday Business Account_Tier_4",
            "unitOfMeasure": "DOLLAR",
            "minimumValue": "20000.01",
            "maximumValue": "50000.00",
            "rateApplicationMethod": "PER_TIER"
          }
        ],
        "additionalInfo": "Interest is calculated by applying the daily percentage rate to the different portions of the daily balance as set out and paid 6 monthly on 30 June and 31 December."
      },
      {
        "depositRateType": "VARIABLE",
        "rate": "0.0001",
        "calculationFrequency": "P1D",
        "applicationType": "PERIODIC",
        "applicationFrequency": "P6M",
        "tiers": [
          {
            "name": "Everyday Business Account_Tier_5",
            "unitOfMeasure": "DOLLAR",
            "minimumValue": "50000.01",
            "rateApplicationMethod": "PER_TIER"
          }
        ],
        "additionalInfo": "Interest is calculated by applying the daily percentage rate to the different portions of the daily balance as set out and paid 6 monthly on 30 June and 31 December."
      }
    ],
    "lendingRates": [
      {
        "lendingRateType": "PENALTY",
        "rate": "0.2",
        "calculationFrequency": "P1D",
        "applicationType": "UPFRONT",
        "repaymentType": "INTEREST_ONLY",
        "loanPurpose": "INVESTMENT",
        "additionalValue": "Penalty Interest will be charged on overdrawn accounts.",
        "additionalInfoUri": "https://www.themutual.com.au/help-support/tools-services/interest-rates/"
      },
      {
        "lendingRateType": "VARIABLE",
        "rate": "0.1079",
        "calculationFrequency": "P1D",
        "applicationType": "UPFRONT",
        "repaymentType": "INTEREST_ONLY",
        "loanPurpose": "INVESTMENT",
        "additionalInfo": "Business Overdraft Variable Rate. Minimum rate, margin may apply.",
        "additionalInfoUri": "https://www.themutual.com.au/help-support/tools-services/interest-rates/"
      },
      {
        "lendingRateType": "VARIABLE",
        "rate": "0.1204",
        "calculationFrequency": "P1D",
        "applicationType": "UPFRONT",
        "repaymentType": "INTEREST_ONLY",
        "loanPurpose": "INVESTMENT",
        "additionalInfo": "Commercial Overdraft Variable Rate. Minimum rate, margin may apply.",
        "additionalInfoUri": "https://www.themutual.com.au/help-support/tools-services/interest-rates/"
      }
    ],
    "productId": "Everyday_Business",
    "lastUpdated": "2026-07-01T08:15:04.000+10:00",
    "productCategory": "TRANS_AND_SAVINGS_ACCOUNTS",
    "name": "Everyday Business Account",
    "description": "A business transaction account.",
    "brand": "TheMutualBank",
    "brandName": "The Mutual Bank",
    "isTailored": false,
    "additionalInformation": {
      "overviewUri": "https://www.themutual.com.au/business/transaction-accounts/everyday-business-account/",
      "termsUri": "https://www.themutual.com.au/help-support/important-documents/",
      "eligibilityUri": "https://www.themutual.com.au/help-support/important-documents/",
      "feesAndPricingUri": "https://www.themutual.com.au/help-support/important-documents/"
    }
  }
}