Monthly Income: Fixed Term account

Like a term deposit, except you can have the interest paid to you monthly

Monthly Income: Fixed Term account

Have your interest paid monthly, while locking in a great rate on your investment

Parents and daughter putting coin in piggy bank

We're proud to provide you with real value

Interest paid monthly

Choice of terms

Fixed rate for term

Fee free investment options

View our rates

Term Fixed rate
12 month term 1.90% p.a.
24 month term 1.90% p.a.

*No set up fees. Minimum deposit amount of $5,000. For amounts of $500,000+ please call 03 9629 4484 for a rate.
Interest is calculated daily and paid on maturity.

Looking for more from your bank? Become a member of MyLife MySuper or
Catholic Super super funds to receive exclusive member rates from MyLife MyFinance.

Ready to take the next step?

We're here to discuss your options and get you there

Need information? Call us on 03 9629 4484

General information

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  • No account set-up fees
  • No monthly account fees
  • Mimimum deposit balance of $5,000

For a full list of our fees and charges, please read our Supplementary Product Disclosure Statement (Schedule of Fees and Charges).

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Online applications take less than 10 minutes, with account details emailed to you within one business day.

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Interest is calculated daily and paid monthly.

Interest rates as at 20 September 2019. All interest rates are variable unless noted otherwise.
*All depositors are protected by the Government guarantee. 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.