AMP Growth Bond

Think long term with tax-effective savings
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If you’re trying to save for something special, looking for an alternative to super, or want to ensure those who matter most are taken care of after you're gone, the AMP Growth Bond may have benefits while potentially reducing what you pay in tax.


  • Easy to get started: you can start with as little as $1,200 or just $100 per month by setting up a regular investment plan.
  • Tax-effective: it could be a tax-effective way to invest and save, if you are in a high tax bracket. If you hold your policy for 10 years and maintain the 125% contribution limit, you won’t pay additional tax on any profits made.
  • Investment choice: you can select from a range of different investment options depending on your needs and switch between options without incurring personal capital gains tax.

Some of the benefits

  • Easy to manage: it's tax paid while you are invested, so there is less paperwork required at tax time.
  • Flexible access: you can withdraw your money at any time, subject to maintaining a minimum balance of $2,500, however tax implications need to be considered if you choose to withdraw within the first 10 years.
  • Estate planning: you can nominate beneficiaries, who'll receive the proceeds, tax free, should you pass away.

What goal are you looking to achieve?

Invest for a child or grandchild

You might use an AMP Growth Bond to save for a child’s future, with the ability to transfer the policy to the child, at a certain age, often possible. 

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Transfer wealth with confidence

You have the ability to nominate beneficiaries, who’ll receive the proceeds of the investment bond, tax free, should you pass away. 

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Planning for retirement

An AMP Growth Bond may provide another way to save for your retirement.


Learn more


Ready to get started with an AMP Growth Bond?

Apply online

You have the ability to select up to nine investment options, including:

Diversified investment options

  • AMP All Growth
  • AMP Balanced Growth
  • AMP Capital Dynamic Markets
  • AMP Moderate Growth
  • Future Directions Balanced.

Single-sector investment options

  • AMP Australian Bond
  • AMP Cash Plus (a capital guaranteed investment)
  • Specialist Australian Share
  • Specialist Property and Infrastructure.

To stay up to date with how the AMP Growth Bond is tracking, check out:

There are a range of factors that you should consider when looking at what investment options to choose. Remember, past performance is not necessarily a reliable indicator of future performance.

There are no contribution fees, establishment fee, inbuilt trail commission or switch fees.

Transaction and operational costs may be incurred and reflected in the price of units within your investment.

You may agree with your financial adviser to pay a servicing fee. Please see the AMP Growth Bond product disclosure statement and refer to section 7 on 'Fees' for more details.

Keep track of your investment in My AMP

With My AMP you can access and manage your AMP Growth Bond at any time. Register or login to My AMP today.

Making contributions

You can check your previous contributions online by logging into My AMP or by contacting us on 1300 301 267, Monday to Friday 8.30am – 7pm (AEST).

Payment method

Initial investment

Regular Investment Plan (Monthly)

Additional investment


Make your cheque payable to
'AMP Life Limited – Growth Bond',
and send together with your name,
membership number and account number:

AMP Life Limited – AMP Growth Bond

Direct Debit (i)
Biller Code: 87239 (ii)

Refer to your member statement or within
My AMP under the 'contribution detail' section
for your customer reference number (CRN)
Credit card X

(i) Regular investment plans may be set up via a Direct Debit form available at Additional investments may also be made by contacting us on 131 267.

(ii) Phone and Internet Banking - BPAY®. Call your bank, credit union or building society to make this payment from your cheque or savings account. To use BPAY®, you will need your unique Customer Reference Number (CRN) as well as our Biller Code. If you do not have a CRN, refer to your Welcome letter or Annual statement or call us on 131 267.


Verifying your identity

If you did not pass the ID verification within the online application form you will need to send in your identity verification documents to the address below (no postage stamp is required). Once we have received your identity verification documents, we will activate your policy within two business days.

AMP Life Limited
New Business Applications
Reply Paid 62990

For more information about the AMP Growth Bond

133 888

Monday to Friday 8.30am – 5pm (AEST)

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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 before deciding what’s right for you. This information hasn’t taken your circumstances into account. 

This information is provided by AMP Life 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 issuer of AMP Growth Bond is AMP Life Limited.