Australian Mutual Bank Edvest Cash Management Account
cash management accountoccupation membershipage limitedterms checked
Edvest Cash Management Account is a cash management account from Australian Mutual Bank. It pays 1.50% p.a. with no bonus conditions.
Rate tiers
Every balance band in the bank's feed: base is the rate the bank pays.
| Balance | Base |
|---|---|
| $0+ | 1.50% |
One rate on every balance, with no upper limit.
Conditions
- Membership limited to current or retired employees of the Australian education sector or family members of members (i.e. shareholders) of the Bank (the lender's words)
- costs a $30 a year Edvest membership charge, debited in January from the Everyday Direct account
- open only to Edvest members, who must be over 50
Features
- app
- yes
- Osko
- yes
- PayID
- yes
- notifications
- yes
- transactions
- unlimited
Fees, limits and who can open it
- monthly fee
- no monthly fee stated
- interest paid
- monthly
- interest calculated
- daily
- open to
- personal customers
- occupation membership
- open only to people in certain occupations, or the lender takes members only from them
- age limited
- open only to people of certain ages (kids, youth or seniors accounts)
Who can open it, in the bank's own words:
- This product is only available to members who are 50 years or older and part of our Edvest benefit scheme and currently hold an Everyday Direct or Bill Paying account with us.
- You must be a member. Membership is open to current or retired employees of the Australian education sector or family members of members (i.e. shareholders) of the Bank.
- residency: Individuals must be citizens or permanent residents of Australia.
About this account
Exclusive to Edvest members, our higher interest rates make your money work harder for you.
Data
- Australian Mutual Bank's own page for this account.
- The bank's documents its product record links to: terms and conditions, fees, eligibility.
- Our verbatim snapshot of the bank's product record (source), as fetched on 12 November 2026.
- We read the bank's own page and terms against this page on 1 November 2026: Edvest-Cash-Management, fees-and-charges, conditions-of-use-accounts-and-access, become-a-member; conditions they state and its feed does not are listed above.
/au/finance/savings-accounts/v1/brands/australian-mutual-bank-ltd.json: this bank's accounts and every balance band as JSON; Australian Mutual Bank's page lists them.- The bank last updated this record on 12 November 2026. Rates are per annum as the bank states them; "stale" means the bank has not updated the record for over 60 days or since the latest cash rate change.
Other accounts at Australian Mutual Bank
- Business Saver Account savings account, 2.95% base at $50,000
- Essential Saver Account savings account, 5.50% base at $50,000
- Momentum Saver Accountstale savings account, 5.35% conditional at $50,000
- Pension Advantage Account savings account, 3.50% base at $50,000
- Starter Saver Account savings account, 5.75% base at $50,000
- Everyday Business Accountstale transaction account, 0.01% base at $50,000
- Everyday Direct Accountstale transaction account, 0.00% base at $50,000
All of Australian Mutual Bank's accounts on its page, with its best rates per segment and rate kind, and every account at every bank.
We receive no payment from any lender for inclusion or ranking.
Deep Almanac is a secondary source and this page is provided for general information and reference. It is not financial, investment, legal, valuation, educational or other professional advice, and it is not a substitute for checking the original source. Rates change without notice, bonus interest is paid only in the months an account's conditions are met, and banks may apply conditions not captured here. You are responsible for any decision you or your software makes in reliance on this page. See our terms of use.