---
title: "MOMENTUM SAVER — Firefighters Mutual Bank"
description: "Transaction & Savings Accounts from Firefighters Mutual Bank. Rates, fees, features and eligibility as published under Australia's Consumer Data Right."
canonical: https://www.cdrcompare.au/brands/firefighters-mutual-bank/products/505df462-6b43-11f0-b446-325096b39f47
source: "CDR Compare"
language: en-AU
last_updated: 2026-08-26T11:26:22.000+10:00
---

# MOMENTUM SAVER — Firefighters Mutual Bank

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

**Transaction & Savings Accounts**

The Momentum Saver account rewards savers with an ongoing bonus interest rate when you deposit a minimum of $100 and make no withdrawals during the month.

## At a glance

- **Base rate:** 0.1%
- **Bonus rate:** 5% (conditions apply)

## Apply

Applications are handled by the provider: [Apply at Firefighters Mutual Bank](https://www.fmbank.com.au/forms/membership?product_tparam=momentum-saver)

## Deposit rates

| Type | Rate | Applies to | Interest paid |
| --- | --- | --- | --- |
| Variable (Minimum deposit amount) | 0.1% | MOMENTUM SAVER_Tier_1 | monthly |
| Variable (Minimum deposit amount) | 0.1% | MOMENTUM SAVER_Tier_2 | monthly |
| Variable (Minimum deposit amount) | 0.1% | MOMENTUM SAVER_Tier_3 | monthly |
| Variable (Minimum deposit amount) | 0.1% | MOMENTUM SAVER_Tier_4 | monthly |
| Bonus (Minimum deposit amount) | 5% | MOMENTUM SAVER_Tier_1 | monthly |
| Bonus (Minimum deposit amount) | 4.9% | MOMENTUM SAVER_Tier_2 | monthly |
| Bonus (Minimum deposit amount) | 4.9% | MOMENTUM SAVER_Tier_3 | monthly |
| Bonus (Minimum deposit amount) | 4.65% | MOMENTUM SAVER_Tier_4 | monthly |

## Features

- **Bonus interest earned for each month you deposit a minimum of $100, make no withdrawals during the month and the account has a credit balance at all times during that month.**
- **Digital banking**
- **PayID**
- **Real-time payments (NPP)**
- **Notifications** — Track payments with SMS and email alerts.
- **No fees for accessing your account online or via phone banking.**
- **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 Firefighters Mutual Bank

- [Overview](https://www.fmbank.com.au/banking/momentum-saver)
- [Terms & conditions](https://www.fmbank.com.au/forms/membership?product_tparam=momentum-saver)
- [Eligibility](https://www.fmbank.com.au/banking/momentum-saver)
- [Fees & pricing](https://www.fmbank.com.au/content/dam/documents/collateral/fees-and-charges.pdf)

## Data provenance

- Published by Firefighters Mutual Bank under the Consumer Data Right
- Product ID: `505df462-6b43-11f0-b446-325096b39f47`
- Last updated by the provider: 26 August 2026
- Source payload (JSON): https://www.cdrcompare.au/api/raw/firefighters-mutual-bank/505df462-6b43-11f0-b446-325096b39f47
- Provider page: https://www.cdrcompare.au/brands/firefighters-mutual-bank
- CDR register entry: https://www.cdr.gov.au/find-a-provider?provider=000146

---

Source: [CDR Compare](https://www.cdrcompare.au/brands/firefighters-mutual-bank/products/505df462-6b43-11f0-b446-325096b39f47) — 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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