Why choose AMP Bank GO Save?
Savings account interest rates
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Variable rate, balances up to $500k
% P.A
Effective
All rates are variable and subject to change. For full rates on all balances please refer to rates, fees and eligibility.
A great rate on your savings, with no conditions to earn it.
AMP Bank GO Save is built to be a simple, easy-to-understand savings account, enabling you to stay in control of your savings by transferring funds between your fee free Everyday Account when you need to spend. There are no hidden catches, just the ability to earn interest on your savings every day.
Why choose AMP Bank GO
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Split your savings
Use Spaces to organise your money without opening extra accounts
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Watch your savings grow
Track the interest you’ve earned day by day
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No minimum deposit requirements
Start saving with any amount that works for you
Rates, fees & important details
Interest rates
Effective date
| Your account balance | Your interest rate |
| $0 - $500,000 | % pa |
| $500,000.01 - $5,000,000 | % pa |
| Greater than $5,000,000 | % pa |
Interest rates are variable and subject to change. Interest is calculated daily and paid monthly. See terms and conditions for details.
Eligibility and fees
Eligibility
To open an AMP Bank GO Save savings account, you’ll need to:
- have an active Everyday Account with AMP Bank GO.
- be an Australian resident aged 15 or over
- have a valid email address and an Australian mobile number
Fees
There are no monthly account keeping fees on this savings account.
How to get started
You’ll need to open an AMP Bank GO Everyday Account first, then add a savings account when you’re ready.
Applying for AMP Bank GO Save is designed to be simple and fully app‑based. If you’re new to AMP Bank GO, you’ll need to open an AMP Bank GO Everyday Account first, then add a savings account when you’re ready.
1. Download AMP Bank GO
2. Complete your application to open an AMP Bank GO Everyday Account
3. In the app tap Open a new account and select Savings Account
Frequently asked questions
No. You’ll earn interest on your Save Account balances automatically - with no minimum monthly deposits and no penalties for withdrawing money.
Yes. You’ll first need an AMP Bank GO Everyday Account, then add the AMP Bank GO Save account. Both accounts are opened and managed through the AMP Bank GO app.
Interest on AMP Bank GO Save is calculated daily on your account balance and paid monthly.
Interest rates are variable and may change over time. If your balance spans multiple rate tiers, you’ll earn the relevant rate on each portion - resulting in an effective rate across your total balance.
You can transfer money into your Save Account by moving funds from your AMP Bank GO Everyday Account. Just open the app, choose your Everyday Account, and transfer money across to your Save Account - it’s quick, easy, and available anytime.
You can also set up automatic transfers in the app to regularly move money into your Save Account.
You can open one AMP Bank GO Save savings account. Within that account, you can create multiple Savings Spaces to organise your money for different goals.
Looking for something else?
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AMP Bank GO Business Save AMP Bank GO Business Save - a business savings account with no monthly fees. Open via the AMP Bank GO app. -
AMP Bank GO Term Deposit Lock in a fixed interest rate with an AMP Bank GO Term Deposit. Choose 6 or 12 months, no monthly fees, managed in AMP Bank GO. -
Everyday Transaction Accounts Open an Everyday transaction bank account which is designed to help manage your day-to-day banking with advanced online and mobile banking. Find out more online now!
Learn more about banking with AMP
Important information
The product issuer and credit provider is AMP Bank Limited ABN 15 081 596 009, AFSL and Australian credit licence 234517. 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.
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 here.
Any application is subject to AMP Bank's approval.
Information including interest rates is correct as at and is subject to change without notice.
For accounts with BSB number 939 900, that you access via AMP Bank GO, the Terms and conditions that apply are available here.
For accounts with BSB number 939 200, that you access via the My AMP mobile app, the Terms and conditions that apply are available here.