AMP Bett3r Account

AMP Bett3r Account

Maximum Variable Rate


Standard Variable Rate


This account offers three linked Pay, Spend and Save accounts which set money aside for bills and help you budget effectively.

  • Earn up to 1.50% p.a. interest
  • Linked Spend, Save and Pay accounts
  • Pay bills on time and budget effectively
  • $0 account keeping fee if you deposit $2,000 each month

Product details

The AMP Bett3r Account is a unique three-account bundle linking individual Pay, Spend and Save accounts. Linking the three accounts helps you manage your budget, pay your bills on time and save for your goals.

Earn up to 1.50% p.a. on the portion of your balance that’s sitting in your Save account, and up to 0.75% on the balance in your Pay account. Read on to learn more about how this account works.


This account takes the hassle out of budgeting. The account automatically moves your money between the three linked accounts to ensure you always have enough for upcoming bills while also meeting your savings goals.

Product Name
AMP Bett3r Account
Maximum Variable Rate
1.50% p.a.
Standard Variable Rate
0.75% p.a.
Bonus Variable Rate
0.75% p.a.
Monthly Fee
Minimum Opening Deposit
Minimum monthly deposit for bonus interest rate
Internet Banking
Internet Transaction Fee
Phone Banking
Phone Transaction Fee
Maximum Deposit
Joint application?
Minimum Age Requirement
Maximum Age Requirement
No Maximum Age
Covered by Government Guarantee?
Yes (Up to $250,000 per person, per institution)


AMP Bett3r includes a Spend, Pay and Save account.

You'll receive your salary into the Pay account. The account will keep enough money in your Pay account for upcoming bills and regular payments, and it will automatically move money into your Save account each month to help you meet your savings goals. The Spend account is the money that's not held for bills and not sent to your savings, so you know it's safe to spend.

Set savings goals

Set up personal savings goals, whether you're saving for a car, a holiday or simply for a rainy day, and the Save account will help you meet them. It will automatically take money from your Pay account to help meet your savings goals, and you can track your progress.

Earn up to 1.50% p.a. on your Save account

You could earn up to 1.50% p.a. on the portion of your balance that's sitting in the Save account each month you meet the bonus interest rate conditions. To achieve the bonus rate on your Save account, you need to deposit $2,000 into the linked Pay account each month from a source that is not another AMP Bank account. Bonus interest is available on deposits up to $100,000. Anything over this will earn the standard variable rate of 0.75% p.a.

Earn 0.75% on your Pay account

The money that is sitting in your Pay account for bills and upcoming payments will earn 0.75% interest. There are no deposit conditions to earn this interest, so you'll earn this even if you don't deposit $2,000 a month. This means that the money you set aside for your bills will earn interest while it's waiting in your account.

No interest paid on the Spend account

The portion of your balance that is sitting in your Spend account doesn't earn any interest. The Spend account acts like a transaction account and is ideal for day-to-day spending.

Linked Visa debit card

This account comes with a linked Visa debit card that's attached to your Spend account. You can use this card to make purchases in-store or online wherever Visa is accepted around the world.

Unlimited transactions

You get unlimited, free transactions via mobile and Internet banking. This includes $0 ATM fees when you use rediATMs.

$5 monthly account-keeping fee

There is a $5 monthly account-keeping fee for the Pay account. However, if you deposit $2,000 into the account each month, this fee is waived.

Mobile app available

You can access this account via the AMP mobile banking app for iPhones and Android devices, where you can move money between your linked accounts on the go.

Picture: Shutterstock


  • Earn up to 1.50% p.a. on your Save account balance
  • Set multiple personal savings goals
  • Pay bills on time and budget effectively


  • High monthly deposit requirement of $2,000
  • $6 account-keeping fee applies on the Pay account if you don’t meet the deposit conditions

How to apply

If you think this account is right for you, click the "Go to Site" button above and you can then apply online in less than 10 minutes. When applying for the AMP Bett3r Account, you'll receive the linked Pay, Spend and Save accounts all at once.


  • Minimum age. You must be over 18 years of age to apply for this account.
  • Residency. To apply, you must have an Australian residential address.

Documentation needed

  • Identification. You must be able to verify your identity with either a driver's licence, passport or proof-of-age card.
  • Tax file number. AMP will be required to deduct tax from your savings at the top marginal rate if you do not provide your tax file number (TFN).
  • Personal details. You'll need to supply your personal details including your full name and contact details.
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.
Ask a question
Go to site