Start earning interest straight away

Benefit from a competitive ongoing standard variable interest rate with no minimum deposit required. 

Manage your money your way

Banking options that suit you. Manage your account online, through the My AMP app, or by phone banking.

Link to a savings account

Boost your savings with the option to link to an AMP savings account such as our AMP Saver Account.

Product inclusions

What the product includes

  • A competitive interest rate with no monthly fees
  • A Visa Debit card, eftpos and BPAY® facilities
  • Digital wallet payments with Apple Pay, Samsung Pay or Google Pay1

What the product doesn't include

  • To make same-day payments to an external account
  • The ability to access additional Basic Features as an eligible government concession card holder
  • A cheque book

Rates & fees

Effective date 16 November 2020

These rates are variable and are subject to change.

 Account balance  Interest rate(i)
Standard rate for all balances  0.10% pa

There are no monthly account fees or transaction fees and you don’t need to maintain a specific monthly balance.

(i) Interest rates are subject to change. Special service fees apply. Balances over $5,000,000 are available at our discretion.

Ready to open a Cash Manager Account?

Documents & downloads

Application forms

Companies or financial institution accounts

See our business banking account


What do I need to apply?

Applying online is easy and will take you about five minutes to complete. You’ll need a valid form of identification. Once you’ve applied, download the My AMP app from the Apple or Google Play store to start banking online. Your Visa Debit card will arrive by mail soon after we’ve approved your application.

What are the fees?

There are no ongoing account management fees, including for regular deposits or withdrawals. Some fees and charges for special services may apply, such as a duplicate statement fee. Read our Deposit product fees and charges guide for more information.

Can I link to a savings account?

Yes, like an AMP Saver Account. Apply for both accounts at the same time in the online AMP Cash Manager Account application form.

Is my money secure?

The Australian Government guarantee protects combined deposits up to $250,000 per customer in the unlikely event a financial institution fails.

Contact us

Mon - Fri: 8am – 8pm (AEST)
Sat & Sun 9am – 5pm (AEST)

Lost / Stolen Cards: 24 hours / 7 days a week

Important information

The product issuer and credit provider is AMP Bank Limited ABN 15 081 596 009, AFSL and Australian credit licence 234517.

It’s important to consider your circumstances and read the relevant Product Disclosure Statement or Terms and Conditions before deciding what’s right for you. This information hasn’t taken your circumstances into account. Information including interest rates is subject to change without notice.

Any application is subject to AMP Bank’s approval. Terms and conditions apply and are available at amp.com.au/bankterms or 13 30 30. Fees and charges may be payable.

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

A target market determination for these products is available on our TMD page.

Information including interest rates is correct as at 13 November 2020 and is subject to change without notice.

1 Apple Pay works with iPhone 6 and later in stores, apps and websites in Safari; with Apple Watch in stores and apps; with iPad Pro, iPad Air 2 and iPad mini 3 and later in apps and websites; and with Mac in Safari with an Apple Pay enabled iPhone 6 or later or Apple Watch. For a list of compatible Apple Pay devices, see https://support.apple.com/en-us/HT208531

Apple, the Apple logo, Apple Pay, Apple Watch, Face ID, iPad, iPhone, iTunes, Mac, Safari, and Touch ID are trademarks of Apple Inc., registered in the U.S. and other countries. iPad Pro is a trademark of Apple Inc.

Devices compatible with NFC point of sale terminals for contactless transactions include Samsung Galaxy Note 5, Galaxy S6, Galaxy S6 edge, Galaxy S6 edge+, Galaxy S7, Galaxy S7 edge, Galaxy A5, Galaxy A7, Galaxy S9 and Galaxy S8+. All devices are compatible with MST point of sale terminals for swipe transactions except for Galaxy S6, Galaxy S6 edge and Gear S2.