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Australians receiving a pension from their self-managed super fund (SMSF) can make it easier to access their cash with a SuperEdge Pension Account from AMP. Use a linked Visa debit card for purchases and withdrawals for no fee, while your balance can continue to grow from a competitive interest rate. This convenient account combines all of your financial needs into one easy to manage place.
0.1% p.a.
Maximum variable rate
0.1%p.a.
Base interest rate
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Product Name | AMP SuperEdge Pension Account |
---|---|
Maximum Variable Rate | 0.1% p.a. |
Standard Variable Rate | 0.10% |
Monthly Account Fee | $6 |
Minimum Opening Deposit | $0 |
Review by
Alison Banney is the banking and investments editor at Finder. She has written about finance for over six years with her work featured on sites including Yahoo Finance, Money Magazine and Dynamic Business.
This account is suited to customers who are drawing a pension from their self managed super fund (SMSF). It’s an account to receive and hold pension payments, and you’ll get 24/7 access to your money online and with a linked Visa Debit Card which you can use to make purchases all over the world.
There is a monthly fee of $6, but this is waived in months where you deposit at least $2,000 or maintain a balance of $5000.
If you link this account to an AMP SuperEdge Cash Account you’ll earn a 0.1% variable interest rate on your Cash Account balance.