AMP Saver Account offers a Wealth Bonus of 0.00% pa, payable on top of your Standard Rate and, if you’re eligible, the Deposit Bonus Variable Rate, taking your total interest payable up to % pa1, on balances up to $250,0002. Standard rates and bonus rates are variable and are subject to change.
To be considered eligible to receive the wealth bonus, you must hold an AMP Saver Account and an eligible AMP Wealth product, the AMP product must:
Note: To receive the Wealth Bonus your AMP Saver Account must be open when the Wealth Bonus is paid.
The reward you will receive
If you are eligible you will receive the Wealth Bonus which is paid on balances up to $250,0002.
Interest is earned on the balance in your AMP Saver Account in the month following each month you hold an eligible AMP Wealth product and will be credited to your account by the tenth (10th) calendar day of the month after that.
What does this mean?
If you meet the eligibility requirements in any calendar month, you will earn the Wealth Bonus the next month.
For example, if you have both an AMP Saver Account and an eligible AMP Wealth product in September, you’ll earn the Wealth Bonus Interest Rate on your account balance during October, which will then be paid into your AMP Saver Account by 10 November.
AMP Saver Account offers a Wealth Bonus of 0.00% pa, payable on top of your Standard Rate and, if you’re eligible, the Deposit Bonus Variable Rate, taking your total interest payable up to % pa1, on balances up to $250,0002. Standard rates and bonus rates are variable and are subject to change.
List of eligible AMP Wealth products
AMP Flexible Lifetime Super | iAccess Term Allocated Pension | PortfolioCare eWRAP Super Account |
AMP Flexible Super - Retirement account | Investment Service | PortfolioCare eWRAP Term Pension Account |
AMP Flexible Super - Super account | MyNorth Investment | PortfolioCare Term Pension Account |
CUSTOM SUPER | MyNorth Pension | SignatureSuper |
Flexible Lifetime - Allocated Pension | MyNorth Super | SignatureSuper Allocated Pension |
Flexible Lifetime - Term Pension | North Investment | Summit Allocated Pension |
Generations Allocated Pension | North Personal Pension | Summit Money Master |
Generations Investment Portfolio | North Personal Superannuation | Summit Personal Pension |
Generations Personal Pension | Pension Service | Summit Personal Super |
Generations Personal Super | Portfoliocare Elements Investment Account | Summit Term Allocated Pension |
Generations Term Allocated Pension | Portfoliocare Elements Pension Account | SuperLeader |
iAccess Allocated Pension | Portfoliocare Elements Super Account | WealthView eWRAP Investment Account |
iAccess Investment | Portfoliocare Elements Term Pension Account | WealthView eWRAP Pension Account |
iAccess Personal Pension | PortfolioCare eWRAP Investment Account | WealthView eWRAP Super Account |
iAccess Personal Super | PortfolioCare eWRAP Pension Account | WealthView eWRAP Term Pension Account |
More information
Important note: If you believe you are eligible but do not see your AMP Saver Account and eligible AMP Wealth product/s in the same My AMP login, please call us and we will organise for these accounts to be linked in My AMP.
For further details of the applicable terms and conditions and eligibility criteria, please read the AMP Saver Account Rewards Rules – Deposit & Wealth Bonus Interest.
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What you need to know
1 Up to % pa ongoing variable rate on balances up to $250,000 and is subject to change without notice. For Accounts opened from 1 April 2021, offer is limited to one account per person. For any portion of the balance over $250,000 and up to $5,000,000 the interest rate reverts to the AMP Saver Account standard rate only. The maximum ongoing balance per customer name is $5,000,000. Terms and conditions apply. Fees and charges are payable. Any application is subject to AMP Bank’s approval. A target market determination for this product is available at www.amp.com.au/bank/tmd. To learn more about the AMP Saver Account, see the product page.
2 For any portion of the balance over $250,000 the interest rate reverts to the AMP Saver Standard Rate only.
The product issuer of the AMP Saver Account is AMP Bank Limited ABN 15 081 596 009, AFSL and Australian credit licence 234517. Information including interest rates is subject to change without notice. Terms and conditions apply. Fees and charges are payable. Any application is subject to AMP Bank’s approval. Before making a decision about this product you should consider the AMP Saver Account terms and conditions available from AMP at amp.com.au/bankterms or by calling 13 30 30.
This information is provided by AMP Bank Limited. Read our Financial Services Guide available at amp.com.au/fsg for information about our services, including the fees and other benefits that AMP companies and their representatives may receive in relation to products and services provided to you. All information on this website is subject to change without notice.
AMP Bank is a member of the Australian Banking Association (ABA) and is committed to the standards in the Banking Code of Practice.