Australian Military Bank Investment Plus

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A term deposit that provides a higher interest rate with a higher balance.

The Investment Plus account offered by the Australian Military Bank is a term deposit where your money earns competitive interest through a tiered system. Depending on the term of your deposit the bank pays interest annually or on maturity. When your deposit matures you can choose to renew it or withdraw your money.

Up to 0.7% p.a.

Interest rate

3 months interest rate

$1,000

Minimum opening deposit

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Details

Product NameAustralian Military Bank Investment Plus
3 month interest rate0.70%
4 month interest rate0.70%
6 month interest rate0.70%
7 month interest rate0.70%
9 month interest rate0.70%
12 month interest rate0.70%
24 month interest rate0.70%
36 month interest rate0.70%
Minimum Opening Deposit$1,000
Minimum Age Requirement18
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.

Key features

Minimum investment

You can open an Investment Plus term deposit with a minimum amount of $1,000.

Interest rates

The bank offers interest on Investment Plus term deposits in a tiered manner. The rates shown in the table above are for balances between $1,000 to $49,999. If you invest more than this, you can earn a slightly higher interest rate.


How to apply

Opening this term deposit requires that you become a member of the Australian Military Bank. You can open an Investment Plus term deposit by visiting any Australian Military Bank branch and you can apply online. To complete and submit an online application, visit the Australian Military Bank website. Before you do, make sure you meet these eligibility criteria.

Eligibility

  • Minimum age. You are over 18
  • Residency requirements. You are an Australian citizen or a permanent Australian resident.

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