Supplementary Product Disclosure Statement (Account Interest Rates)

Account interest rates

Access account

Access account Rate
$ 5,001 and over 0.05% p.a.
$1 - $5,000 0.00% p.a.
Interest is calculated on the minimum monthly balance and paid annually on 1 April. Interest is paid on that part of balance within the tiered rate.

 

Access Account Rate
$ 5,001 and over 0.05% p.a.
$1 - $5,000 0.00% p.a.
Interest is calculated on the minimum monthly balance and paid annually on 1 April. Interest is paid on that part of balance within the tiered rate.

 

MySavings account

MySavings account Rate
$1 - $500,000 2.00% p.a.
Interest is calculated daily and paid monthly on the 1st of each month.
MySavings Account Rate
$1 - $500,000 2.00% p.a.
Interest is calculated daily and paid monthly on the 1st of each month.

Christmas Club

Christmas club Rate
$1 and over 1.25% p.a.
Your savings plus interest is paid first week in December and interest is calculated on the minimum monthly balance.
Christmas Club Rate
$1 and over 1.25% p.a.
Your savings plus interest is paid first week in December and interest is calculated on the minimum monthly balance.

Investments

Term Deposits

Variable $5,000 - $49,999 $50,000 - $99,999 $100,000 - $500,000
3 month term 1.80% p.a. 2.05% p.a. 2.05% p.a.
6 month term 2.05% p.a. 2.30% p.a. 2.30% p.a.
9 month term 1.80% p.a. 2.05% p.a. 2.05% p.a.
12 month term 2.30% p.a. 2.50% p.a. 2.50% p.a.
24 month term 2.50% p.a. 2.55% p.a. 2.55% p.a.

**Special Offer - 2.50 - 2.75% p.a. for new funds to MyLife MyFinance.** Visit here for more information.

**Special Limited Offer - 2.90% p.a. for 12 months for new funds to MyLife MyFinance.** Visit here for more information.

For values above $500,000, please call our office on 03 9629 4484.

 

Variable $5,000 - $49,999 $50,000 - $99,999 $100,000 - $500,000
3 month term 1.80% p.a. 2.05% p.a. 2.05% p.a.
6 month term 2.05% p.a. 2.30% p.a. 2.30% p.a.
9 month term 1.80% p.a. 2.05% p.a. 2.05% p.a.
12 month term 2.30% p.a. 2.50% p.a. 2.50% p.a.
24 month term 2.50% p.a. 2.55% p.a. 2.55% p.a.

**Special Offer - 2.50 - 2.75% p.a. for new funds to MyLife MyFinance.** Visit here for more information.

For values above $500,000, please call our office on 03 9629 4484.

Monthly Income Fixed Term account

Variable $5,000 - $49,999 $50,000 - $99,999 $100,000 - $500,000
12 month term 1.80% p.a. 2.30% p.a. 2.30% p.a.
24 month term 1.80% p.a. 2.30% p.a. 2.30% p.a.
For values above $500,000, please call our office on (03) 9629 4484.

 

Variable $5,000 - $49,999 $50,000 - $99,999 $100,000 - $500,000
12 month term 1.80% p.a. 2.30% p.a. 2.30% p.a.
24 month term 1.80% p.a. 2.30% p.a. 2.30% p.a.
For values above $500,000, please call our office on (03) 9629 4484.

*Our special rates are available to customers of MyLife MyFinance who are members of MyLife MySuper or Catholic Super

Discontinued products

$51,201 and over - 3.25% p.a.


$1 - $51,200 - 1.75% p.a.

You must be over the age of 65 and in receipt of a pension or social security income. The interest rate is tiered an paid on that part of the balance within the tiered rate. The interest rate reflects the Government Deeming Rate, is calculated on the daily balance and credited twice yearly on 1 January and 1 July. Your savings are available at call.

Interest rates as at 1 June 2018. All interest rates are variable unless noted otherwise. All depositors are protected by the Financial Claims Scheme. For further details, please refer www.fcs.gov.au. 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.