My Money




My Money aims to make life easier for 5 million Aussies by helping them make better money decisions, achieve their biggest goals, and secure the things they care about most. It provides its customers with direct access to the best financial information, tools, products, and services Australia offers.

  • Bank Type


  • Founded


  • Headquarters

    Mascot, New South Wales

  • Industry

    Financial Services

  • Formerly/Predecessor


  • Subsidiaries


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Pros & Cons-My Money


  • Signup Fees.
  • Customer Support.


  • Strict Age Restrictions.
  • Home Loan for Self-Employed.
  • High Property Value for First Home Buyers.
  • Strict lending policies.

About of My Money Bank

My Money Bank was established with the goal of offering a cutting-edge and client-centered banking service. Due to its membership in the Federal Deposit Insurance Corporation (FDIC), customer deposits are protected against bank failure up to a maximum of $250,000 per depositor, per account category.

My Money Bank's user-friendly digital platform, which enables users to manage their funds from anywhere, anytime, is one of its primary advantages. The bank also offers a network of actual locations where customers can access a variety of financial products and receive individualized customer attention.

Features and Benefits of My Money Bank

My Money Bank offers a range of features and benefits that make it a popular choice among customers. Here are some of the key features and benefits:

  • Simple account opening procedure: My Money Bank offers a quick and easy online account opening procedure. Customers will find it simple to do so and begin using the bank's services.
  • Competitive Interest Rates: My Money Bank provides customers with checking and savings accounts with competitive interest rates, allowing them to increase their returns on investment.
  • Access to a Variety of Financial Products: My Money Bank provides a variety of financial products, such as checking, savings, and money market accounts, as well as CDs, loans, and credit cards. Customers may easily obtain all the financial goods they require in one location because of this.
  • Convenient Digital Banking: My Money Bank offers customers a user-friendly digital banking platform that enables account management, money transfers, bill payment, and check depositing from any location at any time.
  • Customised Customer Service: My Money Bank has a staff of customer care agents on hand to assist clients with their banking requirements. This involves addressing any problems or concerns as well as offering individualised advise on financial products and services.

Services Offered by My Money Bank

My Money Bank offers a range of banking services that cater to the needs of different customers. Here are some of the key services offered by the bank:

  • Checking Accounts: To satisfy the needs of various consumers, My Money Bank provides a variety of checking accounts. They include standard checking accounts, checking accounts that pay interest, and premium checking accounts with added perks.
  • Savings Accounts: Customers can earn income on their money with a variety of savings accounts offered by My Money Bank. They consist of money market accounts, conventional savings accounts, and savings accounts with higher yields.
  • CDs: My Money Bank provides CDs with adjustable periods and attractive interest rates. Clients have a variety of CD terms to choose from, ranging from 6 months to 5 years.
  • Personal loans, auto loans, and home equity loans are just a few of the loans that My Money Bank has to offer. The interest rates on the bank's loans are competitive, and the repayment terms are adaptable.
  • Credit Cards: A variety of credit cards from My Money Bank are available, each with unique features and advantages. They are credit cards with perks, cash back, and cheap interest rates.

Types of Accounts in My Money Bank

My Money Bank offers a range of account types to meet the needs of different customers. Here are some of the key account types offered by the bank:

  • Basic Checking Accounts: My Money Bank offers basic checking accounts for clients that require a straightforward and cost-effective checking account. There are no monthly fees or minimum balance requirements for these accounts.
  • Interest-Bearing Checking Accounts: Customers who want to earn interest on their checking account balance can open an interest-bearing checking account with My Money Bank. These accounts typically have minimum balance requirements in order to earn interest, but they do so at higher rates than regular checking accounts.
  • Premium Checking Accounts: My Money Bank's premium checking accounts are designed for customers who want access to additional features and benefits. These accounts usually require a higher minimum balance to be maintained, but offer benefits such as ATM fee reimbursements, free checks, and access to premium customer service.
  • Regular Savings Accounts: My Money Bank's regular savings accounts are designed for customers who want a basic savings account to save money and earn interest. These accounts usually have no monthly fees and a low minimum balance requirement.
  • High-Yield Savings Accounts: Customers who want to earn a greater interest rate on their savings can open a high-yield savings account with My Money Bank. Although they typically have higher minimum balance requirements, these accounts pay higher interest rates than typical savings accounts.
  • Money Market Accounts: Customers who seek a savings account with a higher interest rate and flexible money access can open a money market account with My Money Bank. Although they typically have higher minimum balance requirements, these accounts pay higher interest rates than typical savings.

My Money opening hours

Day Lobby Hours Drive-Thru Hours
Monday 9:00 AM - 5:00 PM 8:00 AM - 6:00 PM
Tuesday 9:00 AM - 5:00 PM 8:00 AM - 6:00 PM
Wednesday 9:00 AM - 5:00 PM 8:00 AM - 6:00 PM
Thursday 9:00 AM - 5:00 PM 8:00 AM - 6:00 PM
Friday 9:00 AM - 5:00 PM 8:00 AM - 6:00 PM
Saturday 9:00 AM - 12:00 PM 9:00 AM - 12:00 PM
Sunday Closed Closed

My Money Contact details

Information Details
Bankstown Address 386 Chapel Road, Bankstown NSW 2200
State New South Wales
City Bankstown
Bankstown Phone Number +61 2 9707 6000
Customer Care Number 13 22 44 (within Australia) or +61 2 9155 7800 (from overseas)
Bank Head Office Level 4, 32 Martin Place, Sydney NSW 2000

Frequently Asked Questions

How good is My Money?

My Money Bank has been serving customers for many years and is a popular choice among customers in Australia. The bank offers a range of banking products and services, including checking accounts, savings accounts, loans, and credit cards. My Money Bank prides itself on providing personalised customer service and competitive interest rates. However, it’s important to note that the quality of the bank’s services may vary depending on your specific needs and financial situation. It’s always a good idea to research and compare different banks before choosing one.

Who is the owner of My Money?

My Money Bank is a division of Teachers Mutual Bank Limited, which is a mutual bank owned by its members. Teachers Mutual Bank Limited was established in 1966 and is one of the largest mutual banks in Australia.

How do I contact My Money?

You can contact My Money Bank by phone, email, or by visiting one of their branches. The bank’s customer care number is 13 22 44 (within Australia) or +61 2 9155 7800 (from overseas). You can also visit the bank’s website to find more information about their products and services, or to contact them through an online form.

How much cash can I withdraw from My Money?

The amount of cash you can withdraw from My Money Bank will depend on your specific account type and daily withdrawal limits. You can typically withdraw up to a certain amount of cash each day from an ATM, and you may be able to withdraw larger amounts by visiting a branch. It’s always a good idea to check with the bank directly to find out what your specific limits are.

What is the minimum balance for My Money?

The minimum balance requirement for My Money Bank will depend on the specific account type you choose. For example, some checking accounts may require a minimum balance to be maintained in order to avoid monthly fees or to earn interest. Savings accounts may also have minimum balance requirements. It’s important to review the account terms and conditions carefully to find out what the minimum balance requirement is for your specific account.

Why use us?

The customised financial services from UrbanMoney Oceania caters to the varying requirements of the applicant on their fund procurement journey.

Low interest rates

The intricate online model ensures the best interest rates are offered to the customers. The services aim to diminish the overhead costs.

Urban Money Oceania Exclusive Deals

The customers can avail of various exclusive offers available to the customers by UrbanMoney Oceania designed to cater to their budgetary needs.

Australian based support team

Our support team offers tailor-made services to customers intending to conclude loan transactions without any hassle. Available to customers at their convenience.


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