---
title: "Essential Saver account — Australian Mutual Bank LTD"
description: "Transaction & Savings Accounts from Australian Mutual Bank LTD. Rates, fees, features and eligibility as published under Australia's Consumer Data Right."
canonical: https://www.cdrcompare.au/brands/australian-mutual-bank-ltd/products/a9c7fab2-4521-11f1-a01e-325096b39f47
source: "CDR Compare"
language: en-AU
last_updated: 2026-08-19T14:39:34.000+10:00
---

# Essential Saver account — Australian Mutual Bank LTD

> Transaction & Savings Accounts from Australian Mutual Bank LTD. Rates, fees, features and eligibility as published by the provider under Australia's Consumer Data Right, compared on CDR Compare.

**Transaction & Savings Accounts · Australian Mutual Bank**

An interest bearing online savings account with a tiered interest rate structure.

## At a glance

- **Base rate:** 5%

## Apply

Applications are handled by the provider: [Apply at Australian Mutual Bank LTD](https://australianmutual.bank/banking/savings-accounts/essential-saver/)

## Deposit rates

| Type | Rate | Applies to | Interest paid |
| --- | --- | --- | --- |
| Variable | 5% | Essential Saver account_Tier_1 | monthly |
| Variable | 5% | Essential Saver account_Tier_2 | monthly |
| Variable | 5% | Essential Saver account_Tier_3 | monthly |
| Variable | 3% | Essential Saver account_Tier_4 | monthly |
| Variable | 3% | Essential Saver account_Tier_5 | monthly |

## Features

- **Unlimited transactions**
- **Digital banking**
- **PayID**
- **Real-time payments (NPP)**
- **Notifications** — Track payments with SMS and email Alerts (Track payments with SMS and email alerts.)
- **No fees for accessing your account online.**
- **No monthly access fee.**
- **No minimum balance.**

## Eligibility

- **You must be a member. Membership is open to current or retired employees of the Australian education sector or family members of members (i.e. shareholders) of the Bank.**
- **Residency status** — Individuals must be citizens or permanent residents of Australia.

## More information from Australian Mutual Bank LTD

- [Overview](https://australianmutual.bank/banking/savings-accounts/essential-saver/)
- [Terms & conditions](https://australianmutual.bank/about-us/disclosures-and-reports/)
- [Eligibility](https://australianmutual.bank/banking/savings-accounts/essential-saver/)
- [Fees & pricing](https://australianmutual.bank/media/4629/ambl_feeschargesandtransactionlimits_25-nov25.pdf)

## Data provenance

- Published by Australian Mutual Bank LTD under the Consumer Data Right
- Product ID: `a9c7fab2-4521-11f1-a01e-325096b39f47`
- Last updated by the provider: 19 August 2026
- Source payload (JSON): https://www.cdrcompare.au/api/raw/australian-mutual-bank-ltd/a9c7fab2-4521-11f1-a01e-325096b39f47
- Provider page: https://www.cdrcompare.au/brands/australian-mutual-bank-ltd
- CDR register entry: https://www.cdr.gov.au/find-a-provider?provider=000240

---

Source: [CDR Compare](https://www.cdrcompare.au/brands/australian-mutual-bank-ltd/products/a9c7fab2-4521-11f1-a01e-325096b39f47) — product data published by Australian data holders under the Consumer Data Right. Not financial advice; no rankings, recommendations or affiliate relationships. Always confirm details with the provider.

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