1 live product
People's Choice
Best available rate
4.50%p.a.
Dream Fund
Highest ranked offer currently surfaced for this bank on the compare page.
Base rate
0.01%
Bonus
4.49%
Conditions
Bonus rules apply
Finding the best rates…
Savings Accounts Comparison
Bank One
People's Choice
Best available
Up to 4.50% p.a.
Line-up
1 live product
VS
People's Choice Teachers Mutual Bank
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 | People's Choice | Teachers Mutual Bank |
|---|---|---|
| Max rate | 4.50% | 4.75% |
| Base rate | 0.01% | 4.75% |
| Bonus rate | 4.49% | 0.00% |
| Has conditions | Yes | No |
All People's Choice Products
Every tracked savings accounts option from People's Choice.
All Teachers Mutual Bank Products
Every tracked savings accounts option from Teachers Mutual Bank.
In March 2026, People's Choice's Dream Fund offers up to 4.50% p.a. (0.01% base + 4.49% 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 People's Choice requires monthly conditions. Teachers Mutual Bank's rate applies on balances up to $50,000.
People's Choice has 1 savings product and Teachers Mutual Bank has 1, giving you a range of options to compare.
Quick Comparison
| Feature | People's Choice | Teachers Mutual Bank |
|---|---|---|
| Max Rate | 4.50% | 4.75% |
| Base Rate | 0.01% | 4.75% |
| Bonus Rate | 4.49% | 0.00% |
Common Questions
People's Choice vs Teachers Mutual Bank FAQs
Which bank has the better savings rate, People's Choice 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 People's Choice's best savings account rate in 2026?
People's Choice's best savings rate is 4.50% p.a. on the Dream Fund, consisting of a 0.01% base rate and 4.49% 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 People's Choice and Teachers Mutual Bank savings accounts have conditions?
Teachers Mutual Bank's top rate has no ongoing conditions, while People's Choice requires meeting bonus conditions each month to earn the full advertised rate.