AMP Business Saver Account

1.80% p.a.(for $0 and over)

2.40% p.a. (for $0 to $1,000,000)

AMP Business Saver Account

1.80% p.a.(for $0 and over)

2.40% p.a. (for $0 to $1,000,000)

Mozo Review   AMP Business Saver Account Review

Last updated: 3 April 2019.

What's hot:
  • 2019 Mozo Experts Choice Award

  • 2.40% bonus rate for 4 months

  • Unlimited transactions via phone or internet

  • No account fees

What's not:
  • Must link to a transaction account

Mozo snapshot:

If you’ve got big dreams for your business, then you’ll need a savings account to match. The AMP Business Saver Account features an ongoing variable 1.80% interest rate, and extra 0.60% bonus rate for 4 months, starting the first day of the month following account opening 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.

Best of all, the Business Saver Account took out a 2019 Mozo Experts Choice Award in the Small Business No Strings Savings category. 

Key features:

One big thing you’ll need for your business savings account is flexibility, and that’s where the AMP Business Saver Account comes in. With this account you’ll earn 2.40% in interest on all the dollars you save for 4 months, followed by 1.80%p.a. on an ongoing basis afterwards. And you won’t ever have to pay a monthly account fee.

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 keep in mind with the AMP 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 Access Account to your savings account, you will receive Visa debit card access.

Who it's good for:

The AMP 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.

Any catches?

If you want to open an AMP Business Saver Account, remember that it must link to any everyday transaction account.


Details

Rates and fees information correct as at 25 April 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: 1.80% p.a.

  • Balances from $0: 2.40% p.a.
    Balances from $1,000,000: 1.80% p.a.

  • Bonus rate for 4 months, starting the first day of the month following account opening.

Fees
  • $0.00

  • none

  • Unlimited free transactions from phone, internet.

  • 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

  • Must link to a transaction account

  • none

Customer Reviews

This product is not currently reviewed.

AMP

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AMP

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

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

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AMP

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

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

$0.00

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Bank Australia

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2.50% p.a. (for $1 and over)

0.15% p.a.(for $1 and over)

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3.10% p.a. (for $0 to $1,000,000)

0% p.a.(for $0 and over)

$0.00

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Growth Saver Account

2.60% p.a. (for $0 and over)

0.20% p.a.(for $0 and over)

$0.00

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iSaver

2.55% p.a. (for $0 to $20,000,000)

0.50% p.a.(for $0 and over)

$0.00

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Progress Saver

2.40% p.a. (for $0 and over)

0.01% p.a.(for $0 and over)

$0.00

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Citi

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Online Saver

2.90% p.a. (for $0 to $500,000)

1.60% p.a.(for $0 and over)

$0.00

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ME

ME

Online Savings Account

2.85% p.a. (for $0 to $250,000)

1.30% p.a.(for $0 and over)

$0.00

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Bank Australia

Bank Australia

Bonus Saver

0.15% p.a.(for $1 and over)

2.50% p.a. (for $1 and over)

Promoted

HSBC

HSBC

Serious Saver

0% p.a.(for $0 and over)

3.10% p.a. (for $0 to $1,000,000)

Promoted

Suncorp

Suncorp

Growth Saver Account

0.20% p.a.(for $0 and over)

2.60% p.a. (for $0 and over)

Promoted

NAB

NAB

iSaver

0.50% p.a.(for $0 and over)

2.55% p.a. (for $0 to $20,000,000)

Promoted

ANZ

ANZ

Progress Saver

0.01% p.a.(for $0 and over)

2.40% p.a. (for $0 and over)

Promoted

Citi

Citi

Online Saver

1.60% p.a.(for $0 and over)

2.90% p.a. (for $0 to $500,000)

Promoted

ME

ME

Online Savings Account

1.30% p.a.(for $0 and over)

2.85% p.a. (for $0 to $250,000)

Promoted

HSBC

HSBC

Flexi Saver

1.00% p.a.(for $0 to $5,000,000)

2.50% p.a. (for $0 to $5,000,000)