Aus Mutual Momentum Saver account Summary
Description
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.
Benefits
- No monthly savings-account fee.
Hoops
- For bonus interest, deposit at least $100 each month. Check the full requirements below.
- Withdrawals can forfeit bonus interest.
- Ongoing rate cap: $250,000. See the rate breakdown for higher balances.
On this page
Details
Key details
| Product name | Aus Mutual Momentum Saver account |
|---|---|
| Maximum variable rate | 5.35% p.a. |
| Ongoing interest rate | 5.35% p.a. |
| Base interest rate | 0.10% p.a. |
| Minimum age | - |
Source: noren.com.au
All comparison details
| Base | 0.10% |
|---|---|
| Ongoing | 5.35% |
| Ongoing cap | $250K |
| Intro | - |
| Intro cap | - |
| Intro period | - |
| Dep/mth | 1 |
| Dep $/mth | $100 |
| Growth/mth | $0 |
| Buys/mth | 0 |
| Txns/mth | - |
| W/d/mth | 0 |
| Min age | - |
| Max age | - |
| Fee/mth | $0 |
Source: noren.com.au
Rates & features
Interest rates
Variable rates % p.a. at $699, assuming applicable bonus conditions are met.
- Base: 0.10% p.a., before bonus interest.
- Ongoing: 5.35% p.a. when bonus conditions are met. Up to $250k.
Full rate breakdown
| Type | Rate | Applies to | Balance |
|---|---|---|---|
| Base rate component | 0.10% | This band only | All balances |
| Ongoing total, conditions met | 5.35% | This band only | First $250k |
| Ongoing total, conditions met | 5.25% | This band only | Over $250k to $1m |
| Ongoing total, conditions met | 5.00% | This band only | Over $1m |
Source: noren.com.au
Share/Export
This band only: the rate applies to the money within the listed balance range. Other portions earn their own rates.
Requirements
- Deposit a total of at least $100 by the provider month-end cut-off, make no withdrawals or transfers out (including internal transfers), and keep a credit balance throughout the month. Otherwise only base interest applies.
- Provider fee review 29 October 2026: this savings account has no monthly account-keeping fee. This does not waive transaction, statement, special-service or separately linked-account charges, their published conditions still apply.
- Qualification timing: Requirements are assessed in the current month. Check the settlement deadlines and exclusions in the requirements.
Fees
- Monthly account fee: $0
Showing reviewed fees only, other charges may apply
How to apply
Check these eligibility requirements before applying with Aus Mutual.
- Individuals must be citizens or permanent residents of Australia.
- Membership is required. The current Australian Mutual individual-membership application requires Australian citizenship or permanent residency and identity documents, the old education-sector-only source sentence is not imposed as an additional restriction.
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Sources & review
Noren aggregates information from multiple primary sources to ensure you're getting the most up-to-date, accurate information. All product information is peer reviewed.
Collected and verified on 31 Oct 2026.