RateCity.com.au
  1. Home
  2. Savings Accounts
  3. Companies
  4. Challenger
Challenger logo

Challenger savings accounts

Challenger Bank - previously MyLife MyFinances - is a digital financial provider offering a range of products including internet banking, savings accounts, term deposits and home loans. Challenger is an ASX-listed company that has provided financial services to Australians since 1985 and is committed to improving financial security with a focus on retirement. Challenger Limited acquired MyLife MyFinance in 2021 and completed a full digital overhaul of its banking infrastructure including streamlining onboarding and loan application processes, reducing document preparation times and implementing native compliance technology. Challenger Bank is regulated by the Australian Prudential Regulation Authority (APRA) and, as at 31 December 2021, manages $115 billion in assets. ​As Challenger is a digital bank there are no physical branches or offices. Enquiries can be made online or over the phone.  

Other available products

Content updated

Product data updated

Challenger Savings Accounts

Savings Accounts calculator

Use our savings account calculator to see how much you can earn under different investment scenarios.

$
$
months

Your monthly interest earned would be

$0

at interest rate 1.00 %

Total interest earned

$0

Total amount

$0

Did you find this page helpful?

^Words such as "top", "best", "cheapest" or "lowest" are not a recommendation or rating of products. This page compares a range of products from selected providers and not all products or providers are included in the comparison. There is no such thing as a 'one- size-fits-all' financial product. The best loan, credit card, superannuation account or bank account for you might not be the best choice for someone else. Before selecting any financial product you should read the fine print carefully, including the product disclosure statement, target market determination fact sheet or terms and conditions document and obtain professional financial advice on whether a product is right for you and your finances.