AMP Savings Accounts

AMP is an old and respected name in the financial industry. It was established in 1849 as a mutual company as the Australian Mutual Provident Society, and was first listed on the stock exchanges of Australia and New Zealand in 1998. Since then AMP has vigorously maintained their growth rate to become one of the key players in the industry.

AMP has now grown into a financial services company providing a full array of services ranging from superannuation, investments, insurance to banking and financial planning. As a testimony to their outstanding financial service they now manage over billions of Australian dollars in assets overall. With more than 3,500 employees striving to achieve the best in terms of customer satisfaction, your financial service requirements are in good hands.

If you want to join the one if every six Australians who are banking with AMP you can start by opening a savings account with them. AMP Savings Accounts carry the same level of excellence in service as do all their products. Perhaps you need to save for a college education, are looking to buy another home, planning for a vacation trip to Europe, or simply creating a nest egg for emergency funds. Whatever your need you can find some good features and benefits in savings accounts currently available from AMP.

There are primarily two types of savings account you can have with AMP. Here is a summary of the different options.

AMP eASYSAVER Account

The eASYSAVER savings account provides some great flexible options to let your banking remain convenient but profitable. There are no hidden fees or bank charges to complicate matters. There are also no minimum deposit requirements unlike most other banks. Therefore you get to decide what and how much you want to save. Your contributions earn interest on a daily basis, i.e., interest is compounded daily and credited to your account every month.

Along with flexible savings options you also get the benefit of online and phone banking. This allows more efficient management and transfer of funds to and from your account, either for your day-to-day household expenses and bills or your mortgage obligations and otherwise. If your looking to earn great interest on your savings so you can achieve both your long and short term goals, then this account may be the best option for you

If you have a definite goal in mind of how you want to save, and can withstand not making withdrawals in between, a term deposit account will offer you greater benefits through higher interest rates. By keeping your funds locked away for a designated period of time you will have a greater chance of actually achieving your savings goal by not dipping into your earnings. You can choose the duration of the term deposit, and depending on the maturity date your interest rate earned will be higher. There are certain minimum balance requirements, but these are easily met if you’re looking to deposit for a term between one to five years. You have full flexibility in terms of mode of payment (via cheques or otherwise) and how often you want to contribute (monthly, quarterly, yearly etc). With the flexibility of a range of terms to choose from, the AMP Term Deposit Account sets itself apart from other term deposits currently available by allowing you to find tailor the account to suit your own financial needs.

AMP offers some fantastic, stress-free savings options to let your savings mature into the future. With such a range of accounts offering competitive interest rates and features, choose the one that is more appropriate for your needs, and rest assured of receiving great service.

Related Resources

• AMP eASY Saver
  If you want to take advantage of a high-introductory interest rate and free and unlimited deposits to boost your savings, then an AMP eASY Saver might be the right savings account for you. Discover more of the fantastic features of the eASY Saver and how you can apply to start one today.
• AMP Term Deposits
  Give your savings the security they deserve by opening an AMP term deposit account. Take advantage AMP's competitive features with the option to receive your interest as an income or when they have matured.
• Compare the Best AMP Term Deposit Interest Rates
• What is the AMP First Transaction Account?
  Keep your banking convenient by combining your everyday funds and savings with the AMP First high interest savings account. By managing your different accounts in one place, you can earn high interest on your funds daily and not have to worry about transferring from a linked account. Discover more of the features and conditions of a AMP First Transaction Account.

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• AMP Retirement Savings Account
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• An Introduction to the AMP First Transaction Account
  The AMP First transaction account can allow you to process as many transactions as you need for only $5 per month. You can also earn an attractive interest rate for your savings. Find out more about this savings account here.
• AMP Business eASY Saver Account
  Do you need assess to your business funds often but still want an account that offers you a high yield? Then you may want to check out the Business eASY Saver Account from AMP. It offers businesses the ability to access their funds without paying outrageous fees and provides the most competitive rates of returns on your business’s cash.
• AMP Term Deposit Rates Comparison
  A fixed term savings account is a great way to achieve your savings goals by restricting the temptation to continually dip into your earnings. With a low minimum investment of just $5,000 and some of the most competitive interest rates on the market, the AMP term deposit account may be the right account for you.
• Find and Compare AMP Term Deposit Interest Rates
  You can start your AMP term deposit investment online today with as little as $5,000. Offering some of the most competitive interest rates on the market, this account is a fantastic way to actually achieve your short and long term savings goals.