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

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

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

Mozo Review   AMP Saver Account Review

Last updated: 21 February 2019.

What's hot:
  • Dual 2019 Mozo Experts Choice Award 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, 2019 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% introductory interest rate during your initial four months and continue to earn a healthy 2.10% 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.

Details

Rates and fees information correct as at 23 February 2019. Mozo has robust processes to ensure our site is updated to reflect the latest information from providers. There may be the odd occasion where updates are delayed, so please confirm information before purchasing.
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

Customer Reviews

How are AMP savings accounts rated by the Mozo community?

Overall customer rating
7.3/10
Price
7.0/10
Features
6.3/10
Customer service
7.1/10
Convenience
6.8/10
Trust
7.3/10

Latest reviews of AMP Saver Account

  • Overall
    6/10
    Great, easy to follow.

    The staff and account are most helpful. The elderly need a simple account that helps them in...

    The staff and account are most helpful. The elderly need a simple account that helps them in their banking.

    Price
    6/10
    Features
    3/10
    Customer service
    7/10
    Convenience
    8/10
    Trust
    7/10

    Philomena | New South Wales

    reviewed 4 months ago

  • Overall
    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...

    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

    Michelle | Western Australia

    reviewed almost 3 years ago

  • Overall
    8/10
    Friendly.

    Love my bank.

    Love my bank.

    Price
    8/10
    Features
    6/10
    Customer service
    5/10
    Convenience
    6/10
    Trust
    6/10

    Jasmin | Queensland

    reviewed about 3 years ago

  • Overall
    8/10
    Trusted brand, helpful staff.

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

    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

    Louise | Victoria

    reviewed about 3 years ago

  • Overall
    6/10
    No good

    Better to save with an on line high interest provider.

    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

    Rodney | Victoria

    reviewed over 3 years ago

AMP

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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