Your selected savings accounts
Find the AMP savings account that best suits your savings goals with Mozo. Here you can easily compare the interest rates and features of each account and read reviews from the Mozo community of AMP's service. Or, you can make comparisons across many different banks with our savings account comparison tools.
Your selected savings accounts
Fantastic bank. Awesome rates. App so easy to use.
Easy banking Good and secured Good Interest rates
With a combined 120 years of banking the last 3 months of investing our retirement investments with AMP has been an absolute nightmare and the mistakes they have made on our term deposits are beyond belief. We obviously did not place much importance on the scathing reviews this bank receives before trusting them thinking that term deposits were not complicated. Now we are in the ridiculous position of having to make complaints to AFCA. and seek there assistance.
My AMP saver account is the first time I’ve ever seen real returns on interest from any savings account. 1.20% interest rate Has to be the best saving account in Australia
Been banking with AMP for few years and had disputed with them for large sum of unpaid interest rates due to their every changing benchmarks. In my case the bank had claimed that I was 'informed' of their policy change by a physical letter but then changed their their story via an email. They can't even tell what was the method of informing nor the dates it was sent and I have received non of it. Their complaint team literally pushes the responsibility back to their customer for us to keep up with their online publication. Who would ever have time to check their bank policy from time to time? Quite obviously a set-up holding the customers funds with the intention to avoid paying interest to their customers where possible. Fed up with this bank and is time to move on to a bank that can be trusted.
I selected the AMP Bank for my Savings because it had a good interest rate on Savings and a range of investment opportunities for small and/or larger deposits. I do find their current Savings 'rule' of having to deposit $1,000 each month in order to secure the higher interest annoying! As a pensioner, I simply do not have these new savings and if I didn't 'move money around' each month, I would only receive the minimum interest. This is unfair to those of us who are working hard to conserve funds and 'make our money work for us' but most banks work in the same or similar way.
Do not open this product. You will not generate interest on your money until the next month. For example, I deposited 250k and only got 140 dollars interest for the month. Very very misleading, very unclear and inconsistent t&Cs. Stay clear
NEVER EVER use this bank. Banks in Australia are generally BAD for customer service but AMP is beyond anything I have ever experienced. It is criminal that they happily take you money when you save with them….. just try and withdraw it !!! Absolutely impossible, yet they swear blind every time you call that it’s all fixed and no problem. Absolute thieves and liars.
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