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$3,000 Cashback Bonus with purchases
Apply by 30/06/2022, and settle by 30/09/2022 to receive $3,000 cashback. Minimum loan amount $250,000. T&Cs apply***

Our range of products

  • Professional Package Home Loan

    Tailor your loan with the features you need

    Effective 17/06/2022 2.94% pa
    Owner Occupied variable rate loan1
    3.35% pa

    Comparison rate2

    This product includes

    • Choose between a variable or fixed interest rate – or a split between the two, or line of credit
    • 100% loan offset account with variable rate loan
    • A pre-approved lending limit to borrow against equity
    • Unlimited redraw available on variable and LoC
    • Unlimited additional repayments for variable and LoC (up to $10k per annum for fixed)
    • Visa Debit cards
    • No settlement fee
    • Flexible repayment options (W, F, M) for P&I loans
    • Free variations (product switch, increase, partial discharge etc)
    • Ability to build or renovate with construction loan interest only period
    Terms and conditions
  • Basic Package Home Loan

    Choose a fixed or variable rate or split the difference.

    Effective 17/06/2022 3.24% pa
    Owner Occupied variable rate loan3
    3.29% pa

    Comparison rate2

    This product includes

    • Choose between a fixed or variable interest rate―or a split between the two
    • Unlimited redraw available on variable
    • Unlimited additional repayments for variable (up to $10k per annum for fixed)
    • Available with 100% offset with variable rate loan for a monthly fee
    • $349 settlement fee
    • Flexible repayment options (W, F, M) for P&I loans
    • Ability to build or renovate with construction loan interest only period

    This product does not include

    • Visa Debit cards
    • A pre-approved lending limit to borrow against equity
    Terms and conditions
  • AMP Essential Home Loan

    Own your home sooner with essential features

    Effective 17/06/2022 2.87% pa
    Owner Occupied variable rate loan4
    2.90% pa

    Comparison rate2

    This product includes

    • Ongoing competitive variable interest rate
    • No monthly or annual account fees or settlement fee
    • Redraw or make additional repayments at any time
    • Flexible repayment options (W, F, M)
    • No settlement fee

    This product does not include

    • Fixed rate options
    • Interest Only options
    • 100% offset
    • Visa Debit cards
    • A pre-approved lending limit to borrow against equity
    • Ability to build or renovate with construction loan interest only period
    Terms and conditions

Talk to a home loans expert today

What you need to know

Information including interest rates is correct as at 17 June 2022 and is subject to change without notice.

1 $500,000 and above, LVR ≤80%^, P&I repayments. Other rates apply for investment property loans. Rate is for new loans only and are subject to change.

2The comparison rate is calculated for a secured loan for an amount of $150,000 over a 25 year term. WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan.

3 $40,000 and above, LVR ≤ 60%^, P&I repayments. Other rates apply for Investment property loans. Rate is for new loans only and are subject to change.

4 $100,000 and above, LVR ≤ 80%^, P&I repayments. Other rates apply for Investment property loans. Rate is for new loans only and are subject to change.

^ LMI - Lenders Mortgage Insurance (LMI) may apply. You may be able to capitalise your LMI premium to the loan up to an LVR of 80%. Lending terms and conditions apply.

***Special $3,000 cashback for new purchase applications with principal and interest repayments with a portion of the loan on a variable interest rate.

Special offer available for applications made between 28 March 2022 and 30 June 2022 (inclusive) which settle on or before 30 September 2022. AMP Bank reserves the right to withdraw this offer at any time.

This offer is open to Australian residents aged 18 and over who are purchasing a new home. Conditions, credit criteria, fees, charges, eligibility criteria and exclusions apply.

This offer is available on Professional Package, AMP First, Essential and Basic Home Loan products only with a minimum loan amount of $250k. Offer is available for owner occupier and residential investment loans with principal and interest repayments. A variable interest rate must also apply to a portion of the loan balance.

Not available for the refinance, restructure, or switches of home loans within AMP Bank or refinancing an existing home loan from another lender.

Limit of one $3,000 cashback payment regardless of the number of applications, applicants, properties or loans involved. The $3,000 cashback cannot be used towards the serviceability of the home loan. The $3,000 cashback is not transferable.

The $3,000 cashback must be paid into an AMP Bank offset account, or AMP Access account, and will be paid within 60 days of the settlement date. If you do not have an existing AMP Bank offset account or AMP Access account, one must be opened before the date of settlement.

For multiple home loan applicants, the AMP Bank account needs to be in the name of at least one of the home loan applicants, and the $3,000 cashback will be paid only once to the applicants jointly.

The Offer is current as at 28 March 2022. This Offer may be varied, withdrawn or extended by AMP Bank at any time without notice. Applicants should seek their own tax advice in relation to the receipt of a cashback on settlement.
Tax consequences may arise from these promotions for investors and customers should seek independent advice on any taxation matters. 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.

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.