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Our Loan Saver account is a transaction account available with variable rate home loans. The interest the Loan Saver earns reduces the interest payable on your home loan. The Loan Saver account gives you the flexibility of an “at call” account while reducing the interest on your home loan.
Product Features:
Everyday Banking |
|
|---|---|
| Monthly fee : | $0 |
| Mutual Visa Debit Card : | Available |
| ATM/Eftpos access : | Yes |
| Internet banking : | Yes |
| The Mutual App : | Yes |
| NPP/PayTo/PayID/Osko® : | Yes |
| BPAY® : | Yes |
| Mutual Alerts : | Available |
| Bank@Post : | Yes, with a linked Mutual Visa Debit Card |
| Minimum opening balance : | $0 |
Things to note...
View all Interest Rates
View Fees and Charges
View Target Market Determinations
Compare Everyday Accounts
Use the Mutual App to access your savings
View Important Documents
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Important Information
Both the Loan Saver and 100% Loan Offset accounts have been approved by the Australian Taxation Office only on the basis that no interest is earned. The interest offset accrues on these accounts up to the point where the balance of the account equals the balance owing on the home loan. No interest offset accrues on the portion of the balance of the Loan Saver or 100% Loan Offset account which exceeds the balance outstanding on the loan.
® Registered to BPAY Pty Ltd ABN 69 079 137 518
