The Mutual Bank Bonus Saver
Bonus rate
A savings account that pays a competitive interest rate when at least one deposit and no withdrawals are made in the calendar month.
- Base rate up to
- Not published
- Introductory rate
- None
- Maximum balance
- None published
Rate with bonus, up to
Rates by balance
| Balance | Base rate | Bonus | Total |
|---|---|---|---|
| Any balance | 0.00% | +4.00% | 4.00% |
Who can open it
- Age to open
- 12 and over
- Maximum balance
- None published
How it compares
Against the other savings accounts we compare. Typical means the middle half of them.
Most it pays
4.00%
At its best balance, with any bonus. Typical is 3.65%.
Base rate
0.00%
What it pays without a bonus. Typical is 2.40%.
Pros and cons
Pros
- No conditions. You earn the same rate every month, with no deposits to make or withdrawals to avoid.
Cons
- A low base rate. Only 0.00% in any month you miss the bonus conditions.
Similar savings accounts
Savings accounts from other banks that pay a similar rate at their best.
- Most it pays
- 4.00%
- Bonus conditions
- None
- Most it pays
- 4.00%
- Bonus conditions
- Yes
- Most it pays
- 4.00%
- Bonus conditions
- None
