The Online Saver Account gives you access to your money exclusively via Internet Banking or Mobile Banking, so you can avoid temptation and reach your savings goals faster. Plus, you’ll be rewarded with a competitive bonus interest rate when the conditions on the account are met*.

No minimum balance to get started

Maximum balance $500,000

No monthly account keeping fees

Includes a bonus interest rate for balances between $0 - $500,000 when no withdrawals are made during the calendar month*

Free transfers available through a linked bank account

Competitive interest rate calculated daily and paid monthly

when you open your first Online Saver, deposit $1,000 and make no withdrawals for the first 2 months.

Offer ends 30 June 2025.

You're just a step away from earning up to 4.50% p.a.* on your savings.

Whether you're a new or existing member, come and see our friendly team in branch to apply.

Download our app from the app store to apply online with ease.

If you're already a member of Australian Military Bank, then simply open an Online Saver via Internet or Mobile Banking.

When you sign up, you'll have to open an eligible transaction account.

Log into your AMB account via the button below to apply online.

Find your nearest branch via

the button below.

How is the interest calculated?

The Online Saver has two interest rate tiers as well as a bonus interest rate. Interest is calculated daily and is paid into your account monthly. Your quarterly statement will display 2 separate line items identifying the standard interest earned and Bonus interest earned (if applicable).

Is there a minimum balance needed to open the account and keep it active?

No, there is no minimum balance required. However to earn the bonus interest rate on the account, your account balance must be between $0 and $500,000.

Are there any restrictions on withdrawals?

No, there are no restrictions; however you will forfeit any bonus interest if you make a withdrawal during the month.

How do I get the bonus interest rate?

In order to earn the bonus interest, you must meet two conditions.

1. The account balance must be between $0 and $500,000.
2. There must have been no withdrawals in the past full month.

In the event your account meets the balance criteria mid month (due to a deposit) and there have been no withdrawals in the month, the bonus interest will only be applied for the number of days that the account was eligible.

Click here for more information

Terms, conditions, fees and charges apply.

* Includes bonus interest applicable for balances between $0 and $500,000 when you don’t make any withdrawals during the month. Interest rates are effective as at 1 April 2025 and are subject to change at Australian Military Bank's discretion. Visit our website for the latest rates

^ Receive $100 cash bonus when you open your first new personal Online Saver account, deposit at least $1,000 and make no withdrawals for 2 months from the account open date. Limit of one $100 cash bonus for your first eligible Online Saver account, regardless of the number of accounts or account holders. Cash bonus will be paid into the eligible Online Saver accounts by 12 September 2025. Not available for existing personal Online Saver accounts, second or subsequent personal Online Saver accounts, or new or existing non-personal Online Saver accounts. Not available in conjunction with any other offer. We reserve the right to vary or withdraw this offer at any time.

The information provided is general in nature only and does not take into account your individual needs, objectives or financial situation. Before making a decision if a product is right for you, please read the Account and Access Facility Terms and Conditions, Schedule of Fees and Charges, Financial Services Guide and Target Market Determinations (TMD).

© Australian Military Bank 2025

Australian Military Bank Ltd ABN 48 087 649 741
AFSL and Australian Credit Licence Number 237 988.

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