Earn interest on your savings with rates designed to reward regular contributions or higher balances.
Transport Mutual will be closed on Monday, August 4 for Bank Holiday.
Normal operations will resume on Tuesday, August 5.
Reward your savings with tiered interest
The Redifund Account offers competitive tiered interest, so the more you save, the more you can earn. With no ongoing fees and flexible access, it’s perfect for members with larger balances who want their money to work harder.
Earn up to
2.35
%
p.a.
Features
Product Features:
Savings Accounts |
|
|---|---|
| Online banking : | Yes |
| BPAY : | Yes |
| ATM/EFTPOS access : | No |
| Debit card : | No |
| Interest Income : | Calculated daily and paid quarterly |
| Minimum Amount : | $5,000 |
| Redifund | Interest rate |
| $5,000 - $9,999.99 | 1.05% p.a. |
| $10,000 - $24,999.99 | 1.10% p.a. |
| $25,000 - $49,999.99 | 1.15% p.a. |
| $50,000 - $99,999.99 | 1.20% p.a. |
| $100,000 - $249,999.99 | 2.25% p.a. |
| $250,000 plus | 2.35% p.a. |
| Document or Information | View or Download |
| Fees, charges and limits | Learn more → |
| Target market determinations | Learn more → |
| Interest rates | Learn more → |
| Important documents | Learn more → |
| Calculators | Learn more → |
Compare our savings accounts
Find out all the key features for our savings products.
Start your application today
Joining Transport Mutual and opening a new account is quick and straightforward. Follow these simple steps to get started
Calculators
Get some fast indicative answers about your savings with this easy calculator. See how your savings can grow with regular monthly deposits.
FAQs
Got a question? View all our FAQs here.
You don't have to be a member, however you will become a member once you open an account with us.
You can arrange to make deposits to your account byL
- direct credit of payroll or other income;
- transfer from another savings or transaction account;
- Internet banking transfer;
- over the counter at any one of our branch
Statements are issued six monthly or as requested. Accounts can be accessed via our Banking App and Internet Banking.
Why Transport Mutual?
We’ve been helping transport workers, their families, and the wider community reach their financial goals for over 50 years. As a member-owned credit union, everything we do is designed to benefit you - not big bank profits.
