AMP Banking Term Deposit Account

AMP
Headline interest rate
-
Monthly fee
-
Account type
Term deposit

Moneybuddy says

-

The Basics

Interest paid Quarterly

Interest calculated Daily

Headline interest rate -

Monthly fee -

Account type Term deposit

The cool stuff: features

ATM access -

EFTPOS access -

Branch access -

Online access Yes

Age restrictions -

Cheque book facility -

Debit card -

BPAY -

GiroPost -

Phone access Yes

The Facts & Figures

Balance less than $1k -

Balance less than $5k -

Balance less than $25k -

Balance greater than $100k -

Min. balance -

Min. opening deposit -

Number of free elect transactions per month -

The ugly stuff: fees

Other bank ATM fee -

EFTPOS transaction fee -

Branch assistance fee -

* Important note: All information provided by advertiser or taken from advertiser website and correct at time of publishing. If this information is incorrect, please contact us.

AMP says

Lock your money away - and watch it grow!

If you have a lump sum of cash over $5000 that you don?t need right now, a Term Deposit Account will earn you a high fixed interest rate. Depending on how long you leave it and what interest repayment option you choose, you can add significantly to your savings.

Key features

  • Choose how long to leave your money in for - anywhere from 3 months to 5 years
  • Earn a competitive rate of return and a regular income stream
  • Choose when and how your interest is paid - monthly quarterly half-yearly and yearly

Pros

  • High interest rate
  • Several varying term length options

Cons

  • Minimum balance of $5000

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