151 live products
AMP
Best available rate
5.63%p.a.
Amp First Home Loan (Variable)
Highest ranked offer currently surfaced for this bank on the compare page.
Comparison
5.63%
Offset
Included
Redraw
Included
Finding the best rates…
Home Loans Comparison
Bank One
AMP
Best available
From 5.63% p.a.
Line-up
151 live products
VS
AMP vs Bank of Queensland
Compare AMP and Bank of Queensland home loans in March 2026. AMP offers rates from 5.63% p.a. across 151 products, while Bank of Queensland starts at 5.58% p.a. with 55 products. Bank of Queensland currently has the lower rate by 0.05%.
VS
55 live products
Bank of Queensland
Best available rate
5.58%p.a.
Economy Variable Home Loan
Highest ranked offer currently surfaced for this bank on the compare page.
Comparison
5.73%
Offset
Not included
Redraw
Included
Live edge
Bank of Queensland is lower on headline home loan rate by 0.05%, which is roughly $21 per month on a $500,000 loan.
0.05% gap
Feature Comparison
Side-by-side view of the strongest offers surfaced above.
| Feature | AMP | Bank of Queensland |
|---|---|---|
| Interest rate | 5.63% | 5.58% |
| Comparison rate | 5.63% | 5.73% |
| Offset account | Yes | No |
| Redraw | Yes | Yes |
All AMP Products
Every tracked home loans option from AMP.
All Bank of Queensland Products
Every tracked home loans option from Bank of Queensland.
AMP's lowest variable rate is 5.63% p.a. (comparison rate 5.63%) while Bank of Queensland starts at 5.58% p.a. (comparison rate 5.73%). Bank of Queensland is 0.05% lower, which saves approximately $21/month on a $500,000 loan.
Key features: AMP includes offset, AMP includes redraw, Bank of Queensland includes redraw.
Quick Comparison
| Feature | AMP | Bank of Queensland |
|---|---|---|
| Interest Rate | 5.63% | 5.58% |
| Comparison Rate | 5.63% | 5.73% |
| Offset Account | Yes | No |
| Redraw Facility | Yes | Yes |
Common Questions
AMP vs Bank of Queensland FAQs
Which bank has a lower home loan rate, AMP or Bank of Queensland?
Bank of Queensland currently offers the lower variable rate at 5.58% p.a. compared to 5.63% p.a. Always check the comparison rate for a true cost picture.
Do AMP and Bank of Queensland home loans have offset accounts?
AMP offers an offset account. Bank of Queensland does not include an offset account.
What is AMP's lowest home loan rate in 2026?
AMP's lowest variable rate is 5.63% p.a. (comparison rate 5.63%) on the Amp First Home Loan (Variable).
What is Bank of Queensland's lowest home loan rate in 2026?
Bank of Queensland's lowest variable rate is 5.58% p.a. (comparison rate 5.73%) on the Economy Variable Home Loan.