MySavings account

Saving for something special? A MySavings account gives you total freedom to access your money at any time, while earning a great rate.

Total freedom for your savings

A MySavings account offers you the freedom you want, without the restrictions of other accounts.

MySavings account

A world of benefits

Access your savings anytime

No minimum balance

No minimum monthly deposit

No account keeping fees

View our rates



Ready to take the next step?


Need information? Call us on 03 9629 4484

General information

Counter cheques issued: $5.00
Periodical payments - Cheque (single payee): $5.00
Periodical payments - Cheque (bulk payee): $1.00
External funds transfer - Initiated via Internet Banking: Nil
External funds transfer - Initiated via Branch: $10.00
External funds transfer dishonor (inward): $20.00
Direct debit dishonor: $20.00
Stop cheque request: $15.00
Cheque dishonor (outward): $20.00
Cheque dishonor (inward): $20.00
Cheque special answer: $15.00
Overdrawn account: $10.00
Voucher/information retrieval: $60.00 per hour ($20.00 minimum)

Online applications take less than 10 minutes, with account details emailed to you within 24 hours.

There is no qualifying period for accounts to receive member benefits.

Interest is calculated daily and paid on the 1st of each month.

Overdrawn account 

If your savings account becomes overdrawn for any  reason at any time during the month, an “Overdrawn  Account Fee” per occurrence will be debited to your  account.

General Information & Documents

Interest rates as at 8 December 2017. All interest rates are variable unless noted otherwise. All depositors are protected by the Financial Claims Scheme. For further details, please refer In deciding whether this product meets your needs, we recommend that you read this page in conjunction with our Product Disclosure Statement, Supplementary Product Disclosure Statement (Interest Rates), Supplementary Product Disclosure Statement (Schedule of Fees and Charges), and our General Terms and Conditions. A copy of these documents are available on our website. You can also obtain a copy of these by contacting our office on 03 9629 4484.
MyLife MyFinance Limited Trading as MyLife MyFinance. ABN 54 087 651 750. AFSL/Australian Credit Licence Number 245606.