AMP Bank GO Save
No conditions on the rate
Our new simple savings account with none of the regular catches; just interest adding up, day after day.
5.50%
a year, up to
- Base rate up to
- 5.50%
- Introductory rate
- None
- Maximum balance
- None published
Rates by balance
| Balance | Base rate |
|---|---|
| $0 to $50,000 | 5.50% |
| $50,000 to $250,000 | 5.00% |
| $250,000 to $5,000,000 | 4.50% |
| $5,000,000 and over | 0.00% |
Who can open it
- Age to open
- 15 and over
- Maximum balance
- None published
Who it's for
- Customers must have an active AMP Bank GO Everyday Account in order to open an AMP Bank GO Save account.
How it compares
Against the other savings accounts we compare. Typical means the middle half of them.
Most it pays
5.50%
At its best balance, with any bonus. Typical is 3.65%.
Base rate
5.50%
What it pays without a bonus. Typical is 2.40%.
Pros and cons
Pros
- A higher rate. Up to 5.50%, above the typical 3.65%. On $10,000 that's about $550 a year.
- No conditions. You earn the same rate every month, with no deposits to make or withdrawals to avoid.
Cons
Nothing stands out.
Similar savings accounts
Savings accounts from other banks that pay a similar rate at their best.
- Most it pays
- 5.50%
- Bonus conditions
- None
- Most it pays
- 5.50%
- Bonus conditions
- None
- Most it pays
- 5.50%
- Bonus conditions
- None
