AMB Bank ProductOnline 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.
At a glance
- Up to
- 5.10%
- Base rate
- 0.10%
- Bonus rate
- 5.00%
How it compares
This account in ink, against the best that every other institution publishes for anyone to apply for. Each figure is counted the same way for all of them.
What a bonus account pays in a month its conditions aren't met. One dot per institution, at its highest base rate on a bonus savings account anyone can apply for; hover or tap a dot for its name.
| Rate | This account | Best anywhere | Typical institution | Where it sits |
|---|---|---|---|---|
| Bonus savings accountBase plus bonus, when every condition is met | 5.10% | 5.75%Defence Bank Limited's iSaver | 5.25%of 51 institutions | 32nd highest of 51 |
| Bonus account, conditions missedWhat a bonus account pays in a month its conditions aren't met | 0.10% | 3.45%Heritage's Online Saver Account | 0.10%of 43 institutions | 18th highest of 43, level with 10 others |
Rates
Every rate AMB Bank Product publishes for this account, 2 in all.
How the rate is made up
5.10%in a month every condition is met
| Type | Applies to | Term | Band | Rate | Comparison | Conditions |
|---|---|---|---|---|---|---|
| Bonus | - | - | up to $500,000 | 5.00% | - | 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 Rate | - | - | up to $500,000 | 0.10% | - | paid every 1 mo |
Rate changes
One change logged, newest first.
| Date | Rate | Was | Now | Change |
|---|---|---|---|---|
| 1 Nov 2026 | Bonus, up to $500,000 | 4.75% | 5.00% | up 0.25 |
Each change is logged the night it appears in the rates Australian Military Bank publishes. See how every lender answered the RBA on the rate tracker.
Fees
7 fees published, grouped by when they're charged.
While you hold it2
- Dormancy fee for accounts inactive greater than 24 months$2 a month
- Paper statement fee (per statement)$2 every 3 months
When you make a transaction1
- EFT trace/recall of funds$25
When particular things happen4
- Archive retrieval fee
A $50 hourly fee applies plus any expenses incurred
From $50 - Audit Certificate Fee
Per audit certificate requested
$50 - Copies of statements (over 12 months) at branch$5
- Copies of statements (up to 12 months) at branch$2.50
Features
- 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
Eligibility and limits
- Minimum age 11
- Residency: Individuals must be citizens or permanent residents of Australia.
Compare it with others
Put this product through a calculator
Published by Australian Military Bank under the Consumer Data Right, last changed by them on 1 Nov 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.