If you’ve got big dreams for your business, then you’ll need a savings account to match. The AMP Bank Business Saver Account features an ongoing variable 0.50% p.a. interest rate and no account fees, helping your business grow over time. There’s unlimited transactions available via phone or mobile, as well as the option to make unlimited deposits and withdrawals from the account. What's more, new eligible customers can receive a bonus rate of 1.05% p.a. for the first 6 months on balances up to $1 million.
One big thing you’ll need for your business savings account is flexibility, and that’s where the AMP Bank Business Saver Account comes in. With this account you’ll earn the variable rate of 0.50% p.a. on an ongoing basis and you won’t ever have to pay a monthly account fee. New eligible customers will also be looking at a bonus rate of 1.05% p.a. for the first 6 months, payable on account balances of up to $1 million.
There’s also the freedom to make as many deposits and withdrawals as you like, plus you’ll be able to make unlimited transactions regardless of whether you prefer to do your banking over the phone or online.
Another feature to bear in mind with the AMP Bank Business Saver Account is that while it must link to a transaction account, the account can be from another provider. However, if you do plan on opening and linking the AMP Bank Access Account to your savings account, you will receive Visa debit card access.
The AMP Bank Business Saver Account is a great option for business owners who still want to earn a decent rate on their savings while making multiple transactions.
If you want to open an AMP Bank Business Saver Account, remember that it must link to any everyday transaction account.
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Balances from $0: 0.50% p.a. |
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Balances from $0: 1.05% p.a. |
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6 month Bonus Rate for new eligible customers |
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$0.00 |
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n/a |
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Unlimited free transactions from phone, internet. |
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n/a |
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n/a |
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n/a |
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n/a |
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n/a |
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n/a |
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$0.00 |
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$0.00 |
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n/a |
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$0.00 |
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$0.00 |
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Monthly |
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no |
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none |
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no |
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no |
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no |
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no |
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no |
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yes |
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yes |
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no |
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no |
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none |
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none |
Westpac
Life - 18-29 years old
2.00% p.a. (for $0 to $30,000)
0.15% p.a.(for $0 and over)
Yes up to $250,000
Virgin Money
Boost Saver with Go Account
1.15% p.a. (for $0 to $250,000)
0.05% p.a.(for $0 and over)
Yes up to $250,000
MyState Bank
Bonus Saver Account
1.10% p.a. (for $0 to $250,000)
0.05% p.a.(for $0 and over)
Yes up to $250,000
Virgin Money
Boost Saver with Go Account
1.60% p.a. (for $0 to $250,000)
0.05% p.a.(for $0 and over)
Yes up to $250,000
Virgin Money
Grow Saver
0.25% p.a. (for $0 and over)
0.05% p.a.(for $0 and over)
Yes up to $250,000
Westpac
Life - 18-29 years old
2.00% p.a. (for $0 to $30,000)
0.15% p.a.(for $0 and over)
Yes up to $250,000
Virgin Money
Boost Saver with Go Account
1.15% p.a. (for $0 to $250,000)
0.05% p.a.(for $0 and over)
Yes up to $250,000
MyState Bank
Bonus Saver Account
1.10% p.a. (for $0 to $250,000)
0.05% p.a.(for $0 and over)
Yes up to $250,000
Virgin Money
Boost Saver with Go Account
1.60% p.a. (for $0 to $250,000)
0.05% p.a.(for $0 and over)
Yes up to $250,000
Virgin Money
Grow Saver
0.25% p.a. (for $0 and over)
0.05% p.a.(for $0 and over)
Yes up to $250,000
Westpac
Life - 18-29 years old
0.15% p.a.(for $0 and over)
2.00% p.a. (for $0 to $30,000)
Yes up to $250,000
Virgin Money
Boost Saver with Go Account
0.05% p.a.(for $0 and over)
1.15% p.a. (for $0 to $250,000)
Yes up to $250,000
MyState Bank
Bonus Saver Account
0.05% p.a.(for $0 and over)
1.10% p.a. (for $0 to $250,000)
Yes up to $250,000
Virgin Money
Boost Saver with Go Account
0.05% p.a.(for $0 and over)
1.60% p.a. (for $0 to $250,000)
Yes up to $250,000
Virgin Money
Grow Saver
0.05% p.a.(for $0 and over)
0.25% p.a. (for $0 and over)
Yes up to $250,000
Auswide Bank
Ziggy Kids Saver
0.01% p.a.(for $0 and over)
1.26% p.a. (for $0 and over)
Yes up to $250,000
UniBank
Mighty Saver Account
0.10% p.a.(for $0 and over)
0.95% p.a. (for $0 and over)
Yes up to $250,000
Teachers Mutual Bank
Mighty Saver Account
0.10% p.a.(for $0 and over)
0.95% p.a. (for $0 and over)
Yes up to $250,000