The Mutual Bank Everyday Business Account

transaction accountstale

Everyday Business Account is a transaction account from The Mutual Bank.

Not ranked: a transaction (everyday) account, not a savings account.

Rate tiers

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

No rate rows could be read from the feed for this product.

Conditions

• not updated by the bank since 2026-10-14, before the Reserve Bank's cash rate rise of 4 November 2026; check its page, as the rate may have changed

Features

card

Visa Debit Card

app

yes

Osko

yes

PayID

yes

BPAY

yes

notifications

yes

transactions

unlimited

wallets

Apple Pay and Google Pay

Other features, in the bank's words:

• Staff assisted transactions - Branch and Contact Centre

Fees, limits and who can open it

monthly fee

no monthly fee stated

other fees named

FOREIGN_CURRENCY_CONVERSION_SERVICE_FEE, PHYSICAL_FOREIGN_CURRENCY, REPLACEMENT_CARD_FEE_-_VISA_DEBIT_CARD, ATM_OWNER_FEE, AGENTS_COSTS_OVERDRAFT, RENEGOTIATION_FEE_OVERDRAFTS, VALUATION_FEE_OVERDRAFTS (no amount in the feed)

open to

business customers

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

• business: A domestic business with an ABN or ACN where relevant (e.g. company, sole trader, partnership, association, trust)
• Where an overdraft is approved, the overdraft will be secured by residential property, commercial property and/or business assets

About this account

A business transaction account.

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.
• /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 14 October 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
• Cash Managementstale cash management account, 0.01% base at $50,000
• Everyday Accountstale transaction account, 0.00% base at $50,000

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.