4 live products
ANZ
Best available rate
4.50%p.a.
Growth Saver
Highest ranked offer currently surfaced for this bank on the compare page.
Base rate
0.10%
Bonus
4.40%
Conditions
Bonus rules apply
Finding the best rates…
Savings Accounts Comparison
Bank One
ANZ
Best available
Up to 4.50% p.a.
Line-up
4 live products
VS
ANZ vs Teachers Mutual Bank
Compare ANZ and Teachers Mutual Bank savings accounts side by side. In March 2026, ANZ offers 4 accounts with rates up to 4.50% p.a., while Teachers Mutual Bank has 1 account reaching 4.75% p.a. Teachers Mutual Bank currently leads by 0.25%.
VS
1 live product
Teachers Mutual Bank
Best available rate
4.75%p.a.
Starter Saver (Under 30s / Students)
Highest ranked offer currently surfaced for this bank on the compare page.
Base rate
4.75%
Bonus
0.00%
Conditions
No monthly hoops
Live edge
Teachers Mutual Bank leads on headline savings rate by 0.25% p.a. right now. Use the feature table below to see whether that edge comes with extra conditions.
0.25% gap
Feature Comparison
Side-by-side view of the strongest offers surfaced above.
| Feature | ANZ | Teachers Mutual Bank |
|---|---|---|
| Max rate | 4.50% | 4.75% |
| Base rate | 0.10% | 4.75% |
| Bonus rate | 4.40% | 0.00% |
| Has conditions | Yes | No |
All ANZ Products
Every tracked savings accounts option from ANZ.
All Teachers Mutual Bank Products
Every tracked savings accounts option from Teachers Mutual Bank.
In March 2026, ANZ's Growth Saver offers up to 4.50% p.a. (0.10% base + 4.40% bonus), while Teachers Mutual Bank's Starter Saver (Under 30s / Students) reaches 4.75% p.a.. Teachers Mutual Bank currently leads by 0.25% p.a.
Teachers Mutual Bank offers its top rate unconditionally, while ANZ requires monthly conditions. Teachers Mutual Bank's rate applies on balances up to $50,000.
ANZ has 4 savings products and Teachers Mutual Bank has 1, giving you a range of options to compare.
Quick Comparison
| Feature | ANZ | Teachers Mutual Bank |
|---|---|---|
| Max Rate | 4.50% | 4.75% |
| Base Rate | 0.10% | 4.75% |
| Bonus Rate | 4.40% | 0.00% |
| Conditions Required |
Common Questions
ANZ vs Teachers Mutual Bank FAQs
Which bank has the better savings rate, ANZ or Teachers Mutual Bank?
Teachers Mutual Bank currently offers the higher rate at 4.75% p.a., compared to 4.50% p.a. Rates are sourced from live data and change frequently.
What is ANZ's best savings account rate in 2026?
ANZ's best savings rate is 4.50% p.a. on the Growth Saver, consisting of a 0.10% base rate and 4.40% bonus rate. This rate requires meeting monthly bonus conditions.
What is Teachers Mutual Bank's best savings account rate in 2026?
Teachers Mutual Bank's best savings rate is 4.75% p.a. on the Starter Saver (Under 30s / Students).
Do ANZ and Teachers Mutual Bank savings accounts have conditions?
Teachers Mutual Bank's top rate has no ongoing conditions, while ANZ requires meeting bonus conditions each month to earn the full advertised rate.