The Mutual Bank Cash Management

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Cash Management is a cash management account from The Mutual Bank. At $50,000 it pays 0.01% p.a. with no bonus conditions.

Rate tiers

Every balance band in the bank's feed: base is the rate the bank pays.

Each rate is paid on the whole balance: the balance falls into one band and earns that band's rate.

Conditions

• not updated by the bank since 2026-09-15, before the Reserve Bank's cash rate rise of 4 November 2026; check its page, as the rate may have changed

Features

app

yes

Osko

yes

PayID

yes

BPAY

yes

notifications

yes

transactions

unlimited

Other features, in the bank's words:

• Passbook account only
• Staff assisted transactions - Branch and Contact Centre

Fees, limits and who can open it

monthly fee

no monthly fee stated

other fees named

PHYSICAL_FOREIGN_CURRENCY (no amount in the feed)

interest paid

quarterly

interest calculated

daily

age

ages 12 and over

open to

personal customers

Who can open it, in the bank's own words:

• residency: Australian citizen or a permanent resident of Australia or otherwise approved

About this account

A passbook account that pays a higher interest rate if the minimum account balance is maintained.

Data

• The 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 22 October 2026.
• We read the bank's own page and terms against this page on 1 November 2026: cash-management, important-documents, www.themutual.com.au, www.themutual.com.au; conditions they state and its feed does not are listed above.
• /au/finance/savings-accounts/v1/brands/maitland-mutual-limited.json: this bank's accounts and every balance band as JSON; The Mutual Bank's page lists them.
• The bank last updated this record on 15 September 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 The Mutual Bank

• Bonus Saverstale savings account, 4.25% conditional at $50,000
• Christmas Clubstale savings account, 1.00% base at $50,000
• Internet Saverstale savings account, 3.50% base at $50,000
• Internet Saver Businessstale savings account, 2.50% base at $50,000
• Mighty Mutual Accountstale savings account, 4.95% conditional at $50,000
• Retirement Accountstale savings account, 2.00% base at $50,000
• Everyday Accountstale transaction account, 0.00% base at $50,000
• Everyday Business Accountstale transaction account

All of The Mutual Bank's accounts on its page, with its best rates per segment and rate kind, and every account at every bank.