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If you're looking to earn a competitive interest rate on deposits between $100,000 to $499,999, the AMP Bank term deposit could be an ideal option for you. With a variety of flexible term lengths ranging from 1 month to 5 years, this account allows you to enjoy fixed and reliable returns.
Up to 4.15% p.a.
Interest rate
60 months interest rate
$100,000
Minimum opening deposit
$0
Account keeping fee
$499,999
Maximum deposit
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Product Name | AMP Term Deposit $100,000+ |
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3 month interest rate | 0.35% |
4 month interest rate | 0.35% |
6 month interest rate | 1.90% |
7 month interest rate | 1.90% |
9 month interest rate | 2.50% |
12 month interest rate | 2.90% |
24 month interest rate | 3.65% |
36 month interest rate | 3.90% |
48 month interest rate | 4.05% |
60 month interest rate | 4.15% |
Minimum Opening Deposit | $100,000 |
Minimum Age Requirement | 13 |
The rates displayed above are interest rates paid at maturity only. We endeavour to ensure that the information on this site is current and accurate but you should confirm any information with the product or service provider and read the information they can provide. |
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June 11, 2022
Are term deposits Gov’t guaranteed
June 20, 2022
Hi Keith,
Yes, term deposits are covered under the Financial Claims Scheme (FCS). With this scheme, the government guarantees deposits of up to $250,000 per account holder per ADI.
Best,
Alison
June 10, 2022
Are there any account set up fees for a 6 month term deposit?
Thank you
June 24, 2022
Hi Glenworth,
The AMP Bank Term Deposit account has no monthly maintenance fee.
To open an account online, please visit the AMP website.
Regards,
Alison
May 23, 2022
are invested funs up to $ 250,000.00 garenteed buy Aust Gov
June 20, 2022
Hi Ray,
Yes, as one of the authorised deposit-taking institutions covered under the Financial Claims Scheme (FCS), deposits of up to $250,000 per account holder per ADI is government guaranteed.
Best,
Alison
April 4, 2022
does your term deposit has breaking fee, if it is breakable.
April 6, 2022
Hi Lee,
Yes, costs will apply when accessing the funds before the maturity date. The interest rate will also be adjusted based on the proportion of the original term elapsed on the date of the early withdrawal. The amount of interest rate adjustment applied for early withdrawals from term deposits will vary at AMP’s sole discretion.
Best,
Alison
January 14, 2022
I currently have $634,000.00 to invest for 12 months. Please advise your current interest rates pertaining to this investment amount. I am 83 years old and have trouble using modern technical stuff. I also have a letter from the ATO stating that “I won’t need to lodge an income tax return for the following year ending and future years” dated 29th April 2019
January 29, 2022
Hi Edward,
Thank you for getting in touch with Finder. According to AMP’s website they offer a rate of 1.10% p.a. for deposits over $100,000 on 12 month terms. For a longer term length of 24 months, the rate increases to 1.35% p.a.
To apply, please visit the AMP Bank Term Deposit website. You can also call their customer support at 133 888 or email them at askamp@amp.com.au to discuss your particular deposit amount and the best rate they can offer you.
Don’t forget to read the product terms and conditions and other relevant details before applying.
Thanks,
Alison