A MySavings account gives you total freedom to access your money at any time, while earning a great rate. You can also apply for this account online.
A term deposit is a great way to reach your savings goals, as you can lock in a great guaranteed rate for 3, 6, 9, 12 or 24 months. Interest is calculated daily and paid at the end of the term. You have the peace of mind know that all deposits are covered by the Government guarantee.
Monthly Income: Fixed Term Account
These accounts are like a term deposit, except you can have the interest paid to you monthly. Like a term deposit, you can benefit from locking in a guaranteed return rate on your investment.
You can invest for either 12 or 24 months and as with all deposits administered by MyLife MyFinance, they are fully covered by the Government guarantee.
Christmas club account
A Christmas club account will help see you through one of the most expensive times of year. You’ll have your interest paid right when you need it.