Compare Australian Military Bank savings accounts
Compare Australian Military Bank savings accounts, bank accounts and term deposits, and find out who can join and how to open an account.
No reviews yet.
Write a review
Australia’s Defence personnel and their families can bank with confidence with Australian Military Bank. In service since 1959, this member-owned bank provides an array of products that charge low fees but pay competitive interest rates. Its branches are on Defence bases across Australia, its mobile bankers can come to you in several cities, and you can join and open accounts in its mobile app.
Australian Military Bank savings accounts, bank accounts and term deposits
Australian Military Bank savings accounts
8 of 8 results
Compare other products
How we picked these
How the Finder Score helps you find a better savings account
The Finder Score is a simple score out of 10. The higher a savings account's score, the better we think it is for the average customer.
We score each savings account in our database of hundreds based on a data-driven methodology with 2 main criteria: Does the account offer a high interest rate? And is it easy for savers to actually earn that rate?
Want more interest on your savings?
Compare now and find a better rate.
Australian Military Bank bank accounts
6 of 6 results
Compare other products
How we picked these
Finder Score for bank accounts
We assess multiple product features for transaction accounts from over 100 providers and assign each product a score out of 10.
Looking for a better bank account?
Compare everyday accounts and find one that works harder for you.
Australian Military Bank term deposits
5 of 5 results
Compare other products
How we picked these
Finder Score for term deposits
Finder Score assigns Term Deposit products a score out of 10, comparing interest rates and features, to make comparison easier. We assess over 150 products from more than 90 providers, assessing products across different terms to determine an average score per product.
Lock in a great rate
Compare term deposits to grow your savings with confidence.
What are the pros and cons of banking with Australian Military Bank?
Pros
- Help switching from your old bank, including moving your regular payments across
- Visa Debit card for easy access
Cons
- Branches are on Defence bases, so if you're not serving you'll need to book ahead and meet base security requirements to visit one
- You are required to maintain a minimum balance in order to receive all of the benefits
Who can join Australian Military Bank?
Australian Military Bank is a member-owned bank built around the Defence community. You can join if you're:
- Serving ADF personnel
- Ex-serving ADF personnel
- A spouse, family member or friend of someone in the Defence community
- An employee of a Defence contractor
You don't need a Defence connection to join, though. Other people can become members too, as long as they're eligible under the bank's constitution.
How to apply for Australian Military Bank savings account
Applying online for a new bank account is fast and easy. You'll need identity documents such as your driving licence or passport. For more about the process, check out our full guide to opening an account online.
Once you're a member, you can use the app to check your balances and statements, pay bills with BPAY, make real-time payments with PayID and Osko, set up account alerts, and activate or lock your Visa card and add it to a digital wallet.
How to contact Australian Military Bank
- Phone: 1300 13 23 28, or +61 2 9240 4122 from overseas (Monday to Friday 8am to 6pm, Saturday 9am to 12pm, Sydney time).
- Email: service@australianmilitarybank.com.au
- Branches: Branches are on Defence bases. If you're ex-serving, a spouse or another member, call your local branch to book an appointment and staff will escort you onto the base. You'll need to meet the base's security requirements, such as showing photo ID.
- Mobile bankers: Mobile bankers in Sydney, Melbourne, Canberra, Adelaide, Perth and Townsville can meet you at a time and place that suits you.
- Virtual appointments: You can book a video call or a call-back on Australian Military Bank's website.
- Bank@Post: You can withdraw and deposit cash at participating Australia Post outlets with your Australian Military Bank Visa card and PIN.
Compare other products from Australian Military Bank
- Australian Military Bank credit cards
- Australian Military Bank home loans
- Australian Military Bank car loans
More resources on Finder
Ask a question
More guides on Finder
-
ANZ Business Essentials Account
This is a business bank account with no monthly account keeping fees and a free ANZ Business Visa Debit card.
-
Virgin Money Go Account
Virgin Money Go bank account: Pay no monthly account fees, earn points as you spend and earn bonus interest on a linked Virgin Money savings account.
-
MyState Bank Glide Account
Pay $0 account keeping fees and make payments using Apple Pay, Google Pay or Samsung Pay with your MyState Glide Account.
-
Westpac Bump Savings Account
Kickstart your child’s savings with a Bump Savings Account from Westpac that offers bonus interest each month you grow your balance.
-
ANZ vs CommBank bank accounts
ANZ vs Commonwealth Bank: which bank has the right accounts and services for you? Find out here.
-
Credit Union SA: Supporting South Australians with their banking
Member-owned Credit Union SA offers a varied portfolio of banking products with low fees and full access to your accounts through online banking.
-
Compare Qudos Bank savings accounts
World travellers benefit with Qudos rewards points when they choose the Qudos Bank to hold on to their savings.
-
Australian Military Bank Military Kids
The Australian Military Bank Military Kids Account is for those up to 17 years of age. It provides easy access to funds and lets you earn interest.
-
How to use a debit card for online payments
Every wondered what the process was for your debit card when you made an electronic transaction?