1 live product
AMP
Best available rate
4.60%p.a.
Amp Bank Go Save
Highest ranked offer currently surfaced for this bank on the compare page.
Base rate
4.60%
Bonus
0.00%
Conditions
No monthly hoops
Finding the best rates…
Savings Accounts Comparison
Bank One
AMP
Best available
Up to 4.60% p.a.
Line-up
1 live product
VS
AMP vs Bank of Melbourne
Compare AMP and Bank of Melbourne savings accounts side by side. In March 2026, AMP offers 1 account with rates up to 4.60% p.a., while Bank of Melbourne has 2 accounts reaching 4.85% p.a. Bank of Melbourne currently leads by 0.25%.
VS
2 live products
Bank of Melbourne
Best available rate
4.85%p.a.
Maxi Saver
Highest ranked offer currently surfaced for this bank on the compare page.
Base rate
1.00%
Bonus
0.00%
Conditions
No monthly hoops
Live edge
Bank of Melbourne leads on headline savings rate by 0.25% p.a. right now. Use the feature table below to see whether that edge comes with extra conditions.
0.25% gap
Feature Comparison
Side-by-side view of the strongest offers surfaced above.
| Feature | AMP | Bank of Melbourne |
|---|---|---|
| Max rate | 4.60% | 4.85% |
| Base rate | 4.60% | 1.00% |
| Bonus rate | 0.00% | 0.00% |
| Has conditions | No | No |
All AMP Products
Every tracked savings accounts option from AMP.
All Bank of Melbourne Products
Every tracked savings accounts option from Bank of Melbourne.
In March 2026, AMP's Amp Bank Go Save offers up to 4.60% p.a., while Bank of Melbourne's Maxi Saver reaches 4.85% p.a.. Bank of Melbourne currently leads by 0.25% p.a.
Bank of Melbourne's rate includes an introductory component for 6 months.
AMP has 1 savings product and Bank of Melbourne has 2, giving you a range of options to compare.
Quick Comparison
| Feature | AMP | Bank of Melbourne |
|---|---|---|
| Max Rate | 4.60% | 4.85% |
| Base Rate | 4.60% | 1.00% |
| Bonus Rate | 0.00% | 0.00% |
| Conditions Required | No |
Common Questions
AMP vs Bank of Melbourne FAQs
Which bank has the better savings rate, AMP or Bank of Melbourne?
Bank of Melbourne currently offers the higher rate at 4.85% p.a., compared to 4.60% p.a. Rates are sourced from live data and change frequently.
What is AMP's best savings account rate in 2026?
AMP's best savings rate is 4.60% p.a. on the Amp Bank Go Save.
What is Bank of Melbourne's best savings account rate in 2026?
Bank of Melbourne's best savings rate is 4.85% p.a. on the Maxi Saver.
Do AMP and Bank of Melbourne savings accounts have conditions?
Neither AMP nor Bank of Melbourne requires ongoing conditions for their top savings rates.