AMP Bank Retirement Savings Account

AMP Bank Retirement Savings Account

Maximum Variable Rate


Standard Variable Rate


Make the most of your super savings with a retirement savings account that is easy to manage while giving you maximum financial security

  • This product is no longer available for new customers

Product details

The AMP Bank Retirement Savings Account provides a way for both individuals and employer sponsors to maximum a super funds potential. With the financial security in knowing that your investment is never going to decrease, you are able to make sound decisions about your financial future.


As of 2013, this product is only available to existing customers. It is no longer available to new customers. For existing customers, variable interest rates still apply.

Review more banking products from AMP.

What are the features of the AMP Bank Retirement Savings Account?

AMP is an investment specialist company, providing a range of products designed to help Australians build their wealth and secure their financial future. The Retirement Savings Account has not been available to new customers or employers since 2013, but those who have continued using their account still can take advantage of its features and benefits. Compare those against what you may find with other Australian banks and their accounts geared towards retirement when trying to decide which one is right for your circumstance:

  • Availability. The Retirement Savings Account was designed to meet the needs of individuals looking for a simple and safe way to grow their super savings and for employers who wanted a solution for meeting their super obligations. However, this account is no longer available for new customers.
  • Fees. There are no exit or entry fees associated with this savings account.
  • Investment growth. Your rate of return will never be negative, meaning that your investment will never decrease unless it is affected by government charges outside of AMP’s control.
  • Contributions. There are no limits or requirements for you contributions, you can add as much as you want whenever you want to.
  • Interest rates. The interest rates are tiered, growing in value with higher balances.


  • No application or exit fees
  • Easy application and operation of account

How do you apply for the AMP Bank Retirement Savings Account?

Unfortunately, this account is no longer available for new applicants. If you are looking for an account that can help with growing your SMSF, AMP has alternative savings account specialised for handling your retirement savings.

I have an existing AMP First account. What interest rate will I get on a retirement savings account for balances above $50000?. Your internet says 3.1% below $50,000.

Apologies it seems there was a technical glitch that prevented the rate for above $50,000 to show, it is 3.10% p.a., however, please note that AMP are no longer offering this account as a product and this information is for current account holders and as a general reference.

I have a new employee which I need to contribute to his super. how do I create an account for me to do this?

If you’d like to make a contribution to your employee’s AMP superfund, please see this page.

Back to top Back to top Back to top

Ask an Expert

You are about to post a question on

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • is a financial comparison and information service, not a bank or product provider
  • We cannot provide you with personal advice or recommendations
  • Your answer might already be waiting – check previous questions below to see if yours has already been asked

Finder only provides general advice and factual information, so consider your own circumstances, or seek advice before you decide to act on our content. By submitting a question, you're accepting our Terms of Use, Disclaimer & Privacy Policy and Privacy & Cookies Policy.

6 Responses

  1. Default Gravatar
    CarolynJune 14, 2017

    I need an account to put my small amount of super with minimal fees

    • Default Gravatar
      DanielleJune 15, 2017

      Hi Carolyn

      Thank you for contacting We are a comparison website and general information service, we’re more than happy to offer general advice.

      You may refer to this page for options that may suit your needs. ​You may review and compare the offers available on the table. Once you have selected one, you may proceed by clicking the green “Go to Site” button.

      I hope this helps.


  2. Default Gravatar
    FatimaOctober 12, 2016

    I have an employee who has elected to have her super paid to AMP, as an employer do I need a member number in order to make contributions on behalf of the employee?

    • finder Customer Care
      ClarizzaOctober 13, 2016Staff

      Hi Fatima,

      Thanks for your question. Yes, generally the employee needs to provide their member number, the fund ABN and Product Identification Number.


  3. Default Gravatar
    michaelJanuary 10, 2016

    We have a casual employee who has an super account with AMP Retirement Savings Account, can you please tell how us how to register to electronically pay across funds? We have searched on the website but have not been able to resolve this issue, kind regards Michael

    • finder Customer Care
      ShirleyJanuary 11, 2016Staff

      Hi Michael,

      Thanks for your question. AMP uses a platform called eSuper to manage your employees super payments, they recommend that you speak to them directly to get started.

      Here is the payment information for the AMP Bank RSA.

      Fund name: AMP Superannuation Savings Trust
      Australian business number (ABN): 76514770399
      Registrable superannuation entity (RSE): R1001648
      Superannuation fund number (SFN): 4792 959 85
      Superannuation product identification number (SPIN)/ Unique superannuation identifier (USI): AMP0276AU

      All the best,

Ask a question
Go to site