AMP Business Saver Account

1.05% p.a.(for $0 and over)

1.85% p.a. (for $0 to $1,000,000)

AMP Business Saver Account

1.05% p.a.(for $0 and over)

1.85% p.a. (for $0 to $1,000,000)

Mozo Review   AMP Business Saver Account Review

Last updated: 20 February 2020.

What's hot:
  • Double 2020 Mozo Experts Choice Award winner

  • 2020 Small Business Savings Bank of The Year

  • 1.85% bonus rate for 6 months

  • 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 1.05% interest rate, and extra 0.80% bonus rate for 6 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 two 2020 Mozo Experts Choice Awards in the Small Business Kick Start Savings and Small Business No Strings Savings categories.

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 1.85% in interest on all the dollars you save for 6 months, followed by 1.05% 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 bear 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 23 February 2020. 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: 1.05% p.a.

  • Balances from $0: 1.85% p.a.
    Balances from $1,000,000: 1.05% p.a.

  • Bonus rate for 6 months, starting the first day of the month following account opening.

Fees
  • $0.00

  • n/a

  • Unlimited free transactions from phone, internet.

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • n/a

  • $0.00

  • $0.00

  • n/a

Other financial bits
  • $0.00

  • $0.00

  • Monthly

Features
  • no

  • none

  • no

  • no

  • no

  • no

  • no

  • yes

  • yes

  • no

  • no

  • none

  • none

Customer Reviews

This product is not currently reviewed.

AMP

Promoted

AMP

AMP

Saver Account

1.40% p.a.(for $0 to $5,000,000)

2.36% p.a. (for $0 to $250,000)

Promoted

Bank of Queensland

Bank of Queensland

Fast Track Saver Account

2.15% p.a. (for $1 to $250,000)

0.35% p.a.(for $1 and over)

$0.00

Promoted

AMP

AMP

Saver Account

2.36% p.a. (for $0 to $250,000)

1.40% p.a.(for $0 to $5,000,000)

$0.00

Promoted

Bankwest

Bankwest

Hero Saver

1.85% p.a. (for $0 to $250,000)

0.01% p.a.(for $0 to $5,000,000)

$0.00

Promoted

ING

ING

Savings Maximiser

1.95% p.a. (for $0 to $100,000)

0.25% p.a.(for $0 and over)

$0.00

Promoted

UBank

UBank

USaver with Ultra Transaction Account

2.10% p.a. (for $0 to $200,000)

1.04% p.a.(for $0 to $5,000,000)

$0.00

Promoted

86 400

86 400

Save Account

2.25% p.a. (for $0 to $100,000)

0.40% p.a.(for $0 and over)

$0.00

Promoted

MyState Bank

MyState Bank

Bonus Saver Account

2.00% p.a. (for $0 to $150,000)

0.30% p.a.(for $0 and over)

$0.00

Promoted

IMB Bank

IMB Bank

Reward Saver Account

2.00% p.a. (for $5,000 and over)

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

$0.00

Promoted

Bank of Queensland

Bank of Queensland

Fast Track Saver Account

2.15% p.a. (for $1 to $250,000)

0.35% p.a.(for $1 and over)

$0.00

Promoted

AMP

AMP

Saver Account

2.36% p.a. (for $0 to $250,000)

1.40% p.a.(for $0 to $5,000,000)

$0.00

Promoted

UBank

UBank

USaver with Ultra Transaction Account

2.10% p.a. (for $0 to $200,000)

1.04% p.a.(for $0 to $5,000,000)

$0.00

Promoted

Rabobank

Rabobank

High Interest Savings Account

2.50% p.a. (for $0 to $250,001)

1.05% p.a.(for $0 to $250,001)

$0.00

Promoted

Suncorp

Suncorp

Growth Saver Account

1.90% p.a. (for $0 and over)

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

$0.00

Promoted

MyState Bank

MyState Bank

Bonus Saver Account

2.00% p.a. (for $0 to $150,000)

0.30% p.a.(for $0 and over)

$0.00

Promoted

IMB Bank

IMB Bank

Reward Saver Account

2.00% p.a. (for $5,000 and over)

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

$0.00

Promoted

CUA

CUA

eSaver Reward

2.00% p.a. (for $0 to $100,000)

0.05% p.a.(for $0 and over)

$0.00

Promoted

Bank of Queensland

Bank of Queensland

Fast Track Saver Account

0.35% p.a.(for $1 and over)

2.15% p.a. (for $1 to $250,000)

Promoted

Bankwest

Bankwest

Hero Saver

0.01% p.a.(for $0 to $5,000,000)

1.85% p.a. (for $0 to $250,000)

Promoted

ING

ING

Savings Maximiser

0.25% p.a.(for $0 and over)

1.95% p.a. (for $0 to $100,000)

Promoted

UBank

UBank

USaver with Ultra Transaction Account

1.04% p.a.(for $0 to $5,000,000)

2.10% p.a. (for $0 to $200,000)

Promoted

86 400

86 400

Save Account

0.40% p.a.(for $0 and over)

2.25% p.a. (for $0 to $100,000)

Promoted

MyState Bank

MyState Bank

Bonus Saver Account

0.30% p.a.(for $0 and over)

2.00% p.a. (for $0 to $150,000)

Promoted

IMB Bank

IMB Bank

Reward Saver Account

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

2.00% p.a. (for $5,000 and over)

Promoted

HSBC

HSBC

Serious Saver

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

2.35% p.a. (for $0 to $1,000,000)