Mighty Mutual Account
A savings account for children.
On this page
Details
| Field | Value |
|---|---|
| Base | 4.25% |
| Ongoing | 4.68% |
| Ongoing cap | No cap |
| Intro | - |
| Intro cap | - |
| Intro period | - |
| Dep/mth | 0 |
| Dep $/mth | - |
| Growth/mth | $0 |
| Buys/mth | 0 |
| Txns/mth | - |
| W/d/mth | 0 |
| Min age | - |
| Max age | 17 |
| Fee/mth | $0 |
Source: noren.com.au
Interest rates & fees
| Type | Rate | Applies to | Balance |
|---|---|---|---|
| Base rate component | 4.25% | Whole balance | All balances |
| Ongoing total, conditions met | 4.68% | Whole balance | All balances |
Source: noren.com.au
Bonus requirements
For Mighty Mutual Account, meet these requirements to earn the ongoing total rate shown above.
- No monthly account-keeping fee on this reviewed personal savings account. Other service, dishonour and transaction charges can apply. No current introductory/new-money rate is established.
- Make no withdrawals during the calendar month to earn the bonus. No separate deposit-count, deposit-dollar, growth or purchase qualification is established. A withdrawal forfeits the bonus but retains the base.
Qualification timing: Requirements are assessed in the current month. Check the settlement deadlines and exclusions in the requirements.
Fees
| Fee | Amount | Details |
|---|---|---|
| Monthly account fee | $0 | Monthly account fee. |
Source: noren.com.au
Showing reviewed fees only, other charges may apply
Rate history
| Observed | Base | Ongoing | Intro |
|---|---|---|---|
| 29 Oct 2026 | 4.25% | 4.68% | - |
Source: noren.com.au
Eligibility
- Available for personal use only
- Australian citizen or a permanent resident of Australia or otherwise approved
- Parent/guardian written consent is required for members under 16. Mighty Mutual may be opened for a child under 12 with consent or an eligible trust-for-child arrangement, other reviewed savings accounts start at age 12.
- Children under 18, parent/guardian operation and identification rules apply. The source MAX_AGE 18 is a conversion boundary, not inclusive new-account eligibility.
Similar products
Tools & support
Things you should know
- Check withdrawal access, linked-account requirements and transaction timing with the provider.
- Introductory and ongoing offers may have different eligibility and balance limits.
Collected on 30 Oct 2026. Pricing verified on 28 Oct 2026.