AMP updates AMP Bank GO Save to 4.85%
AMP has increased the rate on its AMP Bank GO Save savings account by 25 basis points to 4.85% p.a., from a previous rate of 4.60%.
AMP
AMP Bank GO Save
New Rate
4.85%
Illustrative Example
For illustrative purposes, a $10,000 deposit at 4.85% would earn approximately $485 per year in interest. That is $25 more per year compared to the previous rate.
Market Context
This rate of 4.85% is above the current market average of 4.63% across 67 tracked savings account products. The current market leader offers 5.40%.
Notes
AMP GO Save rises to 4.85% p.a. on personal balances up to $500,000 from 23 March 2026, with no conditions. Balances from $500,000 to $5 million rise to 4.00% p.a. from 3.75%.
⚠️ General information only
This comparison is for informational purposes only and does not constitute financial advice. Always verify current rates and eligibility directly with the provider before making decisions. Consider whether products are appropriate for your circumstances.