AMP Bank is an Australian challenger bank offering a range of savings and superannuation-linked deposit accounts. Its AMP Saver Account offers a competitive ongoing rate, made up of a base rate and a bonus rate, provided the balance grows by at least $250 per calendar month excluding interest, with the bonus rate applying to balances up to $500,000. The SuperEdge Saver Account pays a competitive rate with no bonus conditions required.
Deposits with AMP Bank are protected under the Financial Claims Scheme up to $250,000 per account holder per ADI.