1 live product
AMP
Best available rate
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…
Bank One
Best available
Up to 4.60% p.a.
Line-up
1 live product
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%.
1 live product
Best available rate
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
2 live products
Best available rate
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.
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 |
Every tracked savings accounts option from AMP.
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.
| 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
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.
AMP's best savings rate is 4.60% p.a. on the Amp Bank Go Save.
Bank of Melbourne's best savings rate is 4.85% p.a. on the Maxi Saver.
Neither AMP nor Bank of Melbourne requires ongoing conditions for their top savings rates.
Bank Two
Best available
Up to 4.85% p.a.
Line-up
2 live products
| No |
| Balance Cap | $500,000 | Unlimited |
Bank of Melbourne currently offers a 0.25% higher savings rate.
Based on current rates, Bank of Melbourne pays approximately $125 more in interest per year on a $50,000 balance. This is based on the headline rate difference of 0.25% p.a.
Keep Comparing
Keep Comparing