Teachers Mutual Bank updates Starter Saver (Under 30s / Students) to 4.75%
Published 17 February 2026Effective 17 February 2026
Teachers Mutual Bank has increased the rate on its Starter Saver (Under 30s / Students) savings account by 25 basis points to 4.75% p.a., from a previous rate of 4.50%.
Teachers Mutual Bank
Starter Saver (Under 30s / Students)
New Rate
4.75%
Previous rate: 4.50%+0.25%
Illustrative Example
For illustrative purposes, a $10,000 deposit at 4.75% would earn approximately $475 per year in interest. That is $25 more per year compared to the previous rate.
Notes
Teachers Mutual Bank increased rate by 0.25% to 4.75%
⚠️ General information only
This comparison is for informational purposes only and does not constitute financial advice. Always verify current rates and eligibility directly with the provider before making decisions. Consider whether products are appropriate for your circumstances.