Business Classic Club

Grow your business with a flexible loan

If you’ve decided to expand your business by borrowing money, you need a loan with flexible terms that aligns with your needs. With our Business Classic Club loan you’ll have options to structure your loan so you can bring your business ideas to life sooner.

A Business Classic Club account may suit you if you’re:

  • looking to take your business to the next level
  • planning to borrow up to $500,000
  • interested in a loan with a maximum term of 30 years
  • looking for a loan with a master limit.

Here’s what you’ll get:

  • a business loan secured on your residential property
  • the option to borrow up to 90% of the value of your property
  • fixed rate, variable rate and line of credit options
  • potential for interest-only repayments for up to five years
  • a 100% mortgage offset facility may be available for variable rate loans.
6.64% pa Classic Variable Rate Loan 1
6.82% pa Comparison Rate2

1300 158 587

Monday to Friday
8.30am – 6pm (AEST)

Take advantage of a line of credit

With a Business Class Club loan you can consolidate your debts into one easy-to-manage account called a line of credit. A line of credit can also be used as a buffer of extra funds that you can access (up to the approved limit) when you might need it.

That means you may never have to apply for an additional loan if you need money for making improvements to your business or other investments.

Find out more about how the line of credit works with the Business Classic Club loan.

Tap into the suite of AMP services

As an AMP Business Classic Club member you can:

  • get access to a wide range of AMP Bank home loans through Classic Club. In most cases you can combine them to create a personalised loan and address your key banking needs
  • enjoy the option of having other banking facilities linked to your loan—eg a transaction account
  • take advantage of a 100% mortgage offset facility on your variable rate loan.

Get started today

Effective 13 July 2018

Loan type Principal and Interest Interest Only
  Interest rate(i) Interest rate(i)

Variable rate loan (Investment)
(LVR<80% including LMI)

Variable rate loan 6.64% pa 6.82% pa
Reference Rate(ii) Standard Reference Rate
Standard Reference Rate
Interest Only Investment
Line of credit (Investment)
(LVR<80% including LMI)
Line of credit                                    6.89% pa
Reference Rate(ii) Line Of Credit Reference Rate
Line Of Credit Reference Rate
Interest Only Investment

Effective 23 June 2017

Loan type                           Principal and Interest Interest Only
  Interest rate(i) Interest rate(i)
Fixed rates (Investment)
(LVR<870% including LMI)
1 year fixed 5.17% pa 5.496% pa
2 year fixed 5.17% pa 5.79% pa
3 year fixed 5.17% pa 5.79% pa
5 year fixed 5.61% pa 6.09% pa

Please refer to the personal home loans page if you’re interested in borrowing for non-business purposes.


Effective 16 February 2016

Line of credit (credit balances)  Principal and Interest Interest Only
  Interest rate(i) Interest rate(i)

From $0 to less than $20,000

0.00% pa 0.00% pa
$20,000 and over 0.25% pa 0.25% pa

Cheque book available on lines of credit only. Credit interest applies to all lines of credit. 


  • Establishment fee $350
  • Settlement fee $250
  • Account management fee: $10 a month or $10 for per split
  • Pre-approval fee $350
  • Split loan fee $75
  • Master limit $200 one-off fee at settlement
  • Other fees and charges may be payable. Download our Fees and Charges guide for full details.

(i) Rates are subject to change.
(ii) View a full list of Reference Rates and their values.


The benefit of having options means you have more flexibility to tailor your loan to meet your needs.

Business Classic Club—variable rate

With the variable rate loan you can get:

  • no penalties for making additional repayments whenever you like
  • 15 free transactions per month (excludes non-rediATM transactions)
  • Access to your money via My AMP, mobile banking, BankPhone, an access card and BPAY®
  • the option to redraw funds
  • the option to take advantage of a 100% mortgage offset facility.

Business Classic Club—fixed rate

If you want the comfort of knowing exactly how much you'll repay each month, a fixed rate loan is ideal. You can:

  • fix your rate for 1, 2, 3 or 5 years
  • repay interest only (for up to 5 years) or principal and interest
  • make up to $10,000 in additional repayments each year without penalty.

Business Classic Club—line of credit

With a line of credit you have easy access to a pre-approved credit limit for any purpose and you can:

  • make interest-only repayments for 10 years—and thereafter, principal and interest repayments for the remaining term of the loan
  • have peace of mind that interest is only charged on the funds you use
  • access your money via My AMP, mobile banking, BankPhone, an access card, BPAY® and a chequebook
  • benefit from 25 free transactions per month (excludes non-rediATM transactions).

If you’d like to find out more you can get in touch with us or speak with a financial adviser. We can help you work out your options based on your goals and needs.  

Apply now

To apply for a Business Classic Club loan, you can:

Additional forms

You will need to download an additional form if you're applying for a loan in the name of a Company or Trust.

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Important information

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It’s important to consider your particular 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.

This information is provided by AMP Bank Limited. Read our Financial Services Guide 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.

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

1 Rates are subject to change.