AMP Saver Account

2.10% p.a.(for $0 to $5,000,000)

2.55% p.a. (for $0 to $5,000,000)

 

AMP Saver Account Review

Rates and fees information correct as at 17 October 2018.

Review published: 28 February 2018

What's hot:

  • 2018 dual Mozo Experts Choice Winner

  • 2.55% p.a. introductory interest rate for 4 months

  • 2.10% p.a. ongoing interest rate

  • No account fees

What's not:

  • No branch or ATM access

Mozo snapshot:

If you’re looking for a simple but savings-savvy place to stash your cash, 2018 Mozo Experts Choice Award winning AMP Saver Account could do just the trick. You’ll be able to take advantage of a competitive 2.55% p.a. introductory interest rate during your initial four months and continue to earn a healthy 2.10% p.a. thereafter, plus you’ll never have to worry about paying a cent in annoying account keeping fees.

Key features:

Winning Mozo Experts Choice Awards in both the No Strings and Kickstart Savings categories, the Saver Account delivers a no fuss savings experience helping you get the ball rolling towards your making your savings goals a reality.

Need access to your cash right now? Or have an urgent bill that needs paying? The AMP Saver Account gives you the flexibility to move your money around with unlimited free transactions from your mobile banking app, via the internet or over the phone when connected to an AMP everyday transaction account.

Unlike other savings accounts, there is no minimum monthly deposit requirements so if you’re unable to add to your savings stash for a month or two (or six), no need to panic, you’ll still earn a great 2.10% return on your money.

Who it's good for:

Savers who might need to move their cash around, don’t mind doing that digitally, but don’t want to have their interest rate slashed when doing so could find serious value in the AMP Saver Account.

Any catches?

Just keep in mind that the 2.55% introductory rate will only last for four months, and multi-millionaires beware, because the bonus rate is only payable on account balances up to $5 million.

How are AMP savings accounts rated by the Mozo community?

Product Type Overall Rating Price Features Service Convenience Trust
7.3

Based on 71
AMP savings accounts reviews

7.0 6.3 7.1 6.8 7.3

Read AMP savings account reviews by the Mozo community

Latest reviews of AMP Saver Account

AMP

AMP Saver Account savings account review

Overall rating   7 / 10

Easy bank to work with

The online banking website needs to be more user friendly, other than that it is easy to bank with them

Full review

The online banking website needs to be more user friendly, other than that it is easy to bank with them

    Price   7 / 10

    Features   5 / 10

    Customer service   5 / 10

    Convenience   5 / 10

    Trust   7 / 10

Less

Michelle, Western Australia, reviewed over 2 years ago

AMP

AMP Saver Account savings account review

Overall rating   8 / 10

Friendly.

Love my bank.

Full review

Love my bank.

    Price   8 / 10

    Features   6 / 10

    Customer service   5 / 10

    Convenience   6 / 10

    Trust   6 / 10

Less

Jasmin, Queensland, reviewed almost 3 years ago

AMP

AMP Saver Account savings account review

Overall rating   8 / 10

Trusted brand, helpful staff.

The call centre staff are in Australia and are helpful, the bonus interest rate for 6 months was good.

Full review

The call centre staff are in Australia and are helpful, the bonus interest rate for 6 months was good.

    Price   8 / 10

    Features   8 / 10

    Customer service   8 / 10

    Convenience   8 / 10

    Trust   9 / 10

Less

Louise, Victoria, reviewed almost 3 years ago

AMP

AMP Saver Account savings account review

Overall rating   6 / 10

No good

Better to save with an on line high interest provider.

Full review

Better to save with an on line high interest provider.

    Price   5 / 10

    Features   3 / 10

    Customer service   2 / 10

    Convenience   6 / 10

    Trust   8 / 10

Less

Rodney, Victoria, reviewed over 3 years ago

AMP

AMP Saver Account savings account review

Overall rating   10 / 10

the best

Perfect bank

Full review

Perfect bank

    Price   9 / 10

    Features   10 / 10

    Customer service   10 / 10

    Convenience   10 / 10

    Trust   10 / 10

Less

Liam, Queensland, reviewed over 3 years ago

Mozo may receive a payment from financial providers listed on the site. Customer reviews are in no way affected by any commercial relationships Mozo has with providers. Reviewers may receive a voucher from Mozo in exchange for their review. Vouchers are given to all reviewers who meet our review guidelines regardless of the sentiment of their reviews.

Rates

  • Balances from $0: 2.10% p.a.
    Balances from $5,000,000: 0.00% p.a.

  • Balances from $0: 2.55% p.a.
    Balances from $5,000,000: 0.00% p.a.

  • Bonus rate for the first 4 months from account opening

Fees

  • $0.00

  • none

  • Unlimited free transactions from mobile app, internet, phone (when linked to transaction account)

  • none

  • none

  • none

  • none

  • none

  • none

  • $0.00

  • $0.00

  • none

Other financial bits

  • $0.00

  • $0.00

  • Monthly

Features

  • no

  • none

  • no

  • no

  • no

  • no

  • no

  • yes

  • yes

  • no

  • no

  • none

  • none

  • none

About AMP

AMP is a leading wealth management company operating in Australia and New Zealand, with a rich evolving history spanning 150 years. Its growing banking business in Australia now includes a range of retail products such as home loans, credit cards, savings and accounts and term deposits. Also AMP's range of vehicle insurances are designed to give you more choice and flexibility while providing cover for a comprehensive range of accidents, damage and events.

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