Effective date 06 November 2023

$5,000 to less than $25,000
$25,000 to $10,000,000
1 month(v)   0.10% pa
2 months(v)   0.20% pa
3 months(i),(iv) 4.70% pa
4.75% pa
4 months(i) 4.70% pa 4.75% pa
5 months(i) 4.90% pa 4.95% pa
6 months(i),(iv) 4.95% pa
5.00% pa
7 months(i) 4.90% pa
4.95% pa
8 months(i)
5.00% pa
5.05% pa
9 months(i),(iv) 5.00% pa 5.05% pa
10 months(i)
5.00% pa
5.05% pa
11 months(i) 5.05% pa
5.10% pa
1 year(i),(iv) 5.20% pa
5.25% pa
13 months(i),(ii) 5.05% pa
5.10% pa
18 months(i),(iii) 5.05% pa
5.10% pa
2 years(i) 5.20% pa 5.25% pa
3 years(i)
4.80% pa 4.85% pa
4 years(i) 4.80% pa
4.85% pa
5 years(i) 4.80% pa
4.85% pa
TD held as security Please contact us on 13 30 30 for interest rates applicable for Term Deposits held as security for loans.

No account-keeping fees apply to AMP Bank’s Term Deposits. Instead you will earn interest paid at interims you select or on maturity, depending on the term you choose for your term deposit. You may open as many term deposits as you like each with a different term or invested amount. You will receive your interest earnings at the end of the term or, if you would like to be paid more frequently, at a slightly lower rate on terms of one year or more. You can receive those earnings every month, every three months or every six months instead of annually. For example, here are the interest payment options on terms of one year or more:

Interest rate payment frequency
Interest rate conditions
Every month Interest rates for monthly interest payments are 0.20% pa less than the standard rates above 
Every three months Interest rates for three-monthly interest payments are 0.10% pa less than the standard rates above
Every six months Interest rates for six-monthly interest payments are 0.05% pa less than the standard rates above


(i) Special Offer only. Other bonus margins cannot be applied to this rate.
(ii) Only available where interest is paid electronically into a nominated account with AMP Bank or another financial institution and no bank cheque is issued. Where interest is paid annually, the first interest payment is made after 12 months and the second interest payment is made at maturity.
(iii) Quarterly and half-yearly interest payment options are not available.
(iv) These rates apply to Direct customers (those who have applied for the product directly through AMP Bank) only. If you acquired the product through an intermediary, please contact your intermediary for current interest rates. 
(v) Not available for new applicants

For full details, please read the Deposit products fees and charges guide.


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. Full details are available in the Fees and charges guide.

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 03 November 2023 and is subject to change without notice.