AMP is giving me a great honeymoon rate - it was very simple to join. They even sent me a welcome letter after I had joined (that has never happened before).
AMP can offer very competitive interest rates when compared to other banks. I would advise people to do the application process via a financial broker. On the cons side, their customer service is not great. As an example I had to wait over five days for a replacement card. Additionally, their website is not very user friendly when it comes to online banking.
I use the AMP Saver account which I locked in a phenomenal 6 month 2.65% rate when they had it. This is well above all others and the app is super easy to use and highly recommend. The only downside is they don't have Osko/instant payment which most banks have. So it makes transferring back and forth between my everyday account (with another bank) time consuming.
It’s hard when they don’t have branches to physically walk in and do your banking but manageable with a good online and app program.
Rate and perks good although internet banking app feels like it’s a bit old and outdated compared to my last bank which was CommBank. Their app has so many more features.
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