The Finance Algorithm
AMB Bank Product

Online Saver

The Online Saver Account gives you access to your money exclusively via Internet Banking, so you can avoid temptation and reach your savings goals faster. Plus, you’ll be rewarded with a competitive bonus interest rate when the conditions on the account are met.

Savings & transaction accountsBank updated 25 Aug 2026
At a glance
Base rate
0.10%
Bonus rate
4.75%
Up to
4.85%
Monthly fee
$2
§ 01 — Rates · 2
TypeApplies toTermBandRateComparisonConditions
Bonusup to $500,0004.75%paid at maturity; paid every 1 mo; The bonus interest rate is applicable to the full account balance when you maintain a balance between $0 and $500,000 and don’t make any withdrawals during the month.
VariableBase Rateup to $500,0000.10%paid every 1 mo
§ 02 — Fees · 7
FeeTypeAmountWhenNotes
Archive retrieval feeEvent$50A $50 hourly fee applies plus any expenses incurred
Audit Certificate FeeEvent$50Per audit certificate requested
Copies of statements (over 12 months) at branchEvent$5
Copies of statements (up to 12 months) at branchEvent$2.50
Dormancy fee for accounts inactive greater than 24 monthsPeriodic$2Every 1 mo
Paper statement fee (per statement)Periodic$2Every 3 mo
EFT trace/recall of fundsTransaction$25
§ 03 — Features
Instant paymentsPayIDDigital banking
  • · No monthly account keeping fees
  • · A bonus interest rate for balances between $5,000 - $500,000 when no withdrawals are made during the calendar month
§ 04 — Eligibility & limits
  • · Minimum age 11
  • · Residency: Individuals must be citizens or permanent residents of Australia.

Published by Australian Military Bank under the Consumer Data Right, last changed by them on 25 Aug 2026. Figures are shown as the institution publishes them and can change without notice; confirm on their site before applying. The Finance Algorithm earns nothing from any product listed here.