In this guide

  • Our verdict
  • Details
    • Product details
  • Key features
  • How to apply
  • Your reviews
  • Ask a question

AMP Bank Go Save Account

  • Alison Banney's headshot

Our verdict

This savings account offers an ongoing interest rate with no monthly conditions to meet.

The AMP Bank Go Save account is exclusively available through the AMP Bank Go mobile app. It’s a high interest savings account that offers an ongoing interest rate of 5.25% p.a. without any conditions to meet.


This is a great rate considering you don’t need to do anything to get it, and it’s also available on large balances up to . This savings account could suit you if you’re looking for a set-and-forget option for your savings.

Pros

  • No account-keeping fee.
  • No withdrawal limits - There are no restrictions on the number of withdrawals or the amount, offering flexibility.

Cons

  • Requires linked AMP Bank GO Everyday Account.
  • Online-only - The account can be managed through the AMP Bank GO app.

In this guide

  • Our verdict
  • Details
    • Product details
  • Key features
  • How to apply
  • Your reviews
  • Ask a question

Details

Product details

Product Name AMP Bank GO Save
Maximum Variable Rate 5.25% p.a.
Standard Variable Rate 5.25% p.a.
Monthly Account Fee $0
Minimum Age 15

Key features

Ongoing, variable interest rate up to 5.25% p.a.

You'll earn an ongoing, variable interest rate of up to 5.25% p.a. This is the maximum rate available for balances up to .

Balances above $50,000.01 will still earn interest but at a reduced rate. Balances above $5 million earn no interest.

No monthly deposit requirement

You don't need to deposit a certain amount of money each month in order to earn interest, and you don't have to ensure your balance grows either.

No withdrawal restrictions

You can make withdrawals from your account whenever you need to and you'll still earn the ongoing variable interest rate.

How to apply

To open this account you must first download the AMP Bank Go mobile app (it's free). You'll need to provide a valid form of ID, such as a passport or driver's licence.

Once you've been approved, your AMP Bank Go Everyday account will be opened and you'll have access to the app. From here, you can now open an AMP Bank Go Save account.

Compare other products from AMP

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Alison Finder

Editorial Manager, Money

Hi there, looking for more information? Ask us a question.

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Jason

September 06, 2026

Can I transfer money from a different institution into AMP account


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Angus Kidman Finder

September 07, 2026

Hi Jason, Yes, you can transfer from other banks – usually this will be near-instant, though with some smaller banks there can be a delay.


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Ali

July 14, 2026

1) Can me and my wife have a joint account?

2) Is there a Bank card associated with this account?

3) can we have sub accounts in the main saving account… So like Travel account and Gift?


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Sarah Megginson Finder

August 19, 2026

Hi Ali, The AMP Bank GO Save account does not support joint saving accounts directly, nor does it come with a bank card. However, you can create up to 99 separate “Savings Spaces” inside your single save account to sort money for goals like travel or gifts. Hope this helps!


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Susan

July 04, 2026

Is the money daily compunding interest


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Sarah Megginson Finder

July 08, 2026

Yes, it compounds daily and is applied monthly.


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Elena

April 22, 2026

Does AMP Go saving account give you a physical debit card? Can I create PayID in the app for my saving account?


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Sarah Megginson Finder

May 01, 2026

Hi Elena, the AMP Bank GO Save account does not offer a physical debit card, as it’s designed to help you save. AMP offers a transaction account, which does come with a physical debit card.


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Richard

March 29, 2026

Is this account government guaranteed


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Sarah Megginson Finder

March 30, 2026

Yes, up to $250,000.


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