Military Rewards Account
Interest on the Military Rewards Account is calculated daily and paid monthly to members' accounts.
|
Balance | Interest Rate |
| | Whole of balance | 0.01% p.a. |
Access Account
Interest on the Access Account is calculated on the minimum monthly balance and credited to members' accounts on the 31st of May each year.
|
Balance | Interest Rate |
| | Whole of balance | 0.01% p.a. |
Recruit Salary Saver Account
Interest on the Recruit Salary Saver is calculated daily and paid monthly to members' accounts.
|
Balance | Interest Rate |
| | Whole of balance | 1.05% p.a. |
Pension Access Account
Interest on the Pension Access Account is calculated daily and paid monthly to members' accounts.
|
Balance | Balance |
| | Tier 1 - $0 up to $49,200 | 0.25% p.a. |
| | Tier 2 - $49,201 to $250,000 | 0.80% p.a. |
| | Tier 3 - more than $250,000 | 0.25% p.a. |
Overdrafts
|
Type of Loan | Interest Rate | Comparison Rate |
| | Legacy Overdraft (Existing accounts only - product closed to new business) | 16.65% pa | N/A |
Note: Important Information please read
The small print
Rates are effective from 1 December 2020 and are subject to change.
The advice and information on this site doesn’t take into account your personal objectives, financial situation or needs, which you should consider before acting on any of our recommendations. To decide if this product is right for you, please carefully review our Terms and Conditions brochure and Fees and Charges Schedule.
The small print
Rates are effective from 1 December 2020 and are subject to change.
The advice and information on this site doesn’t take into account your personal objectives, financial situation or needs, which you should consider before acting on any of our recommendations. To decide if this product is right for you, please carefully review our Terms and Conditions brochure and Fees and Charges Schedule.
Online Saver
Interest on the Online Saver Account is calculated daily and paid monthly to members' accounts.
The bonus interest rate is applied to the full account balance when a balance between $0 and $500,000 is maintained and no withdrawals are made during the month.
|
Balance | Interest Rate |
| | $0 to $500,000 | 0.10% p.a. |
| | Bonus Interest | 4.40% p.a. |
| | Maximum Interest Earnt | Up to 4.50% p.a. |
DIY Super Saver Account
Interest on the DIY Super Saver Account is calculated daily and paid monthly to members' accounts.
|
Balance | Interest Rate |
| | Whole of balance | 4.15% p.a. |
Christmas Club
Interest on the Christmas Club Account is calculated on the minimum monthly balance and credited to members' accounts on the 31st of October each year.
|
Balance | Interest Rate |
| | Whole of balance | 0.25% p.a. |
Junior Saver Account
Interest on the Junior Saver Account is calculated daily and credited to members' accounts quarterly.
|
Balance | Interest Rate |
| | Whole of balance | 0.25% p.a. |
Note: Important Information please read
The small print
Rates are effective from 1 December 2023 and are subject to change. Rates are current at the time of publication and are subject to change at Australian Military Bank’s discretion. The advice and information on this site doesn’t take into account your personal objectives, financial situation or needs, which you should consider before acting on any of our recommendations. To decide if this product is right for you, please carefully review our Terms and Conditions brochure and Schedule of Fees and Charges.
The small print
Rates are effective from 1 December 2023 and are subject to change. Rates are current at the time of publication and are subject to change at Australian Military Bank’s discretion. The advice and information on this site doesn’t take into account your personal objectives, financial situation or needs, which you should consider before acting on any of our recommendations. To decide if this product is right for you, please carefully review our Terms and Conditions brochure and Schedule of Fees and Charges.
Investment Plus
Interest on the Investment Plus term deposits is paid on maturity for terms up to and including 12 months. For any term that exceeds 12 months, interest is paid annually. Investment Plus interest rates also apply for Teen Plus. Interest in this case, is paid on maturity and a minimum deposit size of $500 applies.
|
Term | $1,000 and above |
| | 3 Months | 3.50% p.a. |
| | 4 to 5 Months | 4.90% p.a. |
| | 6 Months | 4.80% p.a. |
| | 7 to 11 Months | 4.70% p.a. |
| | 12 Months | 4.80% p.a. |
| | 13 to 15 Months | 4.65% p.a. |
| | 16 to 23 Months | 3.95% p.a. |
| | 24 to 36 Months | 3.95% p.a. |
Income Plus
Interest on the Income Plus Term Deposits is paid monthly and a minimum deposit size of $1,000 applies.
|
Term | $1,000 and above |
| | 3 Months | 3.40% p.a. |
| | 4 to 5 Months | 4.80% p.a. |
| | 6 Months | 4.70% p.a. |
| | 7 to 11 Months | 4.60% p.a. |
| | 12 Months | 4.70% p.a. |
Note: Important Information please read
The small print
Rates effective from 03 September 2024.
Rates are current at the time of publication and are subject to change at Australian Military Bank’s discretion. The advice and information on this site doesn’t take into account your personal objectives, financial situation or needs, which you should consider before acting on any of our recommendations. To decide if this product is right for you, please carefully review our Terms and Conditions brochure and Fees and Charges Schedule.
The small print
Rates effective from 03 September 2024.
Rates are current at the time of publication and are subject to change at Australian Military Bank’s discretion. The advice and information on this site doesn’t take into account your personal objectives, financial situation or needs, which you should consider before acting on any of our recommendations. To decide if this product is right for you, please carefully review our Terms and Conditions brochure and Fees and Charges Schedule.
Capital Guaranteed Super and Pension
Interest on the variable rate investment option is calculated daily and paid monthly to members' accounts.
The minimum fixed term investment is $20,000. Interest is calculated daily and paid at maturity to members' accounts.
|
Balance | Interest Rate |
| | 12 month Fixed Term Investment Option | 4.80% p.a. |
| | 24 month Fixed Term Investment Option | 3.95% p.a. |
| | 36 month Fixed Term Investment Option | 3.95% p.a. |
| | Variable Rate Investment Option ($0 - $9,999) | 0.25% p.a. |
| | Variable Rate Investment Option (>$10,000) | 0.25% p.a. |
Note: Important Information please read
The small print
Rates effective 28 November 2023 and are subject to change at Australian Military Bank’s discretion. The advice and information on this site doesn’t take into account your personal objectives, financial situation or needs, which you should consider before acting on any of our recommendations. To decide if this product is right for you, please carefully review our Terms and Conditions brochure and Fees and Charges Schedule.
The small print
Rates effective 28 November 2023 and are subject to change at Australian Military Bank’s discretion. The advice and information on this site doesn’t take into account your personal objectives, financial situation or needs, which you should consider before acting on any of our recommendations. To decide if this product is right for you, please carefully review our Terms and Conditions brochure and Fees and Charges Schedule.
DHOAS Variable Rate Home Loans
|
Type of Loan | Interest Rate1 | Comparison Rate2 |
| | DHOAS RateSaver Home Loan | 6.43% p.a. | 6.47% p.a. |
| | DHOAS Value Home Loan | 6.98% p.a. | 7.02% p.a. |
| | DHOAS Standard Variable Home Loan | 6.98% p.a. | 7.02% p.a. |
| | DHOAS Construction Home Loan | 6.78% p.a. | 6.82% p.a. |
DHOAS Fixed Rate Home Loans
|
Type of Loan | Interest Rate3 | Comparison Rate2 |
| | DHOAS 1 Year Fixed Rate Home Loan | 6.50% p.a. | 6.96% p.a. |
| | DHOAS 2 Year Fixed Rate Home Loan | 6.10% p.a. | 6.84% p.a. |
| | DHOAS 3 Year Fixed Rate Home Loan | 5.99% p.a. | 6.73% p.a. |
| | DHOAS 5 Year Fixed Rate Home Loan | 6.30% p.a. | 6.71% p.a. |
Note: Important Information please read
The small print
Rates are effective from 24 September 2024 and are subject to change. Terms, conditions, fees, charges (including early break fees) and lending criteria apply. These are available at the time of application. DHOAS Fixed Rate Home Loans convert to the Standard Variable home loan at the end of the fixed term. Rates displayed on this page are not reference rates and are available for new loan applications only unless noted otherwise.
1 Rates are current at the time of publication and are subject to change. The rates displayed are at 80% LVR (meaning that a minimum 20% deposit is required) with the exception of DHOAS RateSaver Home Loan with rates displayed at 70% LVR (meaning that a minimum 30% deposit is required). The rates displayed are only available for new owner occupier, loan borrowings of $150,000 or more (excluding the DHOAS Construction Home Loan, the interest rate displayed is applicable for new loan borrowings of $500,000 or more.).
2 Comparison rate calculated on a loan amount of $150,000 over a term of 25 years based on monthly repayments. These rates are for secured loans only. The rates displayed are at 80% LVR (meaning that a minimum 20% deposit is required). WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan.
3 Rates shown apply during the fixed period of your loan. After the fixed period, your rate will switch to the applicable variable rate for a principal and interest loan. Terms and conditions apply.
The small print
Rates are effective from 24 September 2024 and are subject to change. Terms, conditions, fees, charges (including early break fees) and lending criteria apply. These are available at the time of application. DHOAS Fixed Rate Home Loans convert to the Standard Variable home loan at the end of the fixed term. Rates displayed on this page are not reference rates and are available for new loan applications only unless noted otherwise.
1 Rates are current at the time of publication and are subject to change. The rates displayed are at 80% LVR (meaning that a minimum 20% deposit is required) with the exception of DHOAS RateSaver Home Loan with rates displayed at 70% LVR (meaning that a minimum 30% deposit is required). The rates displayed are only available for new owner occupier, loan borrowings of $150,000 or more (excluding the DHOAS Construction Home Loan, the interest rate displayed is applicable for new loan borrowings of $500,000 or more.).
2 Comparison rate calculated on a loan amount of $150,000 over a term of 25 years based on monthly repayments. These rates are for secured loans only. The rates displayed are at 80% LVR (meaning that a minimum 20% deposit is required). WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan.
3 Rates shown apply during the fixed period of your loan. After the fixed period, your rate will switch to the applicable variable rate for a principal and interest loan. Terms and conditions apply.
Variable Rate Home Loans
|
Type of Loan | Interest Rate1 | Comparison Rate2 |
| | RateSaver Home Loan | 6.43% p.a. | 6.47% p.a. |
| | Standard Variable Home Loan | 6.98% p.a. | 7.02% p.a. |
| | Value Home Loan | 6.98% p.a. | 7.02% p.a. |
| | Construction Home Loan | 6.78% p.a. | 6.82% p.a. |
Fixed Rate Home Loans
|
Type of Loan | Interest Rate3 | Comparison Rate2 |
| | 1 Year Fixed Rate Home Loan | 6.50% p.a. | 6.96% p.a. |
| | 2 Year Fixed Rate Home Loan | 6.10% p.a. | 6.84% p.a. |
| | 3 Year Fixed Rate Home Loan | 5.99% p.a. | 6.73% p.a. |
| | 5 Year Fixed Rate Home Loan | 6.30% p.a. | 6.71% p.a. |
Note: Important Information please read
The small print
Rates effective for new business from 24 September 2024. Rates are current at the time of publication and are subject to change. Rates displayed on this page are not reference rates and are available for new loan applications only unless noted otherwise.
Terms, conditions, fees, charges (including early break fees) and lending criteria apply. These are available at the time of application. Standard Fixed Rate Home Loans convert to the Variable Offset home loan at the end of the fixed term.
1 Rates are current at the time of publication and are subject to change. Rates are current at the time of publication and are subject to change. The rates displayed are at 80% LVR (meaning that a minimum 20% deposit is required) with the exception of the RateSaver Home Loan with rates displayed at 70% LVR (meaning that a minimum 30% deposit is required). The rates displayed are only available for new owner occupier, loan borrowings of $150,000 or more.
2 Comparison rate calculated on a loan amount of $150,000 over a term of 25 years based on monthly repayments. These rates are for secured loans only. The rates displayed are at 80% LVR (meaning that a minimum 20% deposit is required). WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan.
3 Rates shown apply during the fixed period of your loan. After the fixed period, your rate will switch to the applicable variable rate for a principal and interest loan. Terms and conditions apply.
The small print
Rates effective for new business from 24 September 2024. Rates are current at the time of publication and are subject to change. Rates displayed on this page are not reference rates and are available for new loan applications only unless noted otherwise.
Terms, conditions, fees, charges (including early break fees) and lending criteria apply. These are available at the time of application. Standard Fixed Rate Home Loans convert to the Variable Offset home loan at the end of the fixed term.
1 Rates are current at the time of publication and are subject to change. Rates are current at the time of publication and are subject to change. The rates displayed are at 80% LVR (meaning that a minimum 20% deposit is required) with the exception of the RateSaver Home Loan with rates displayed at 70% LVR (meaning that a minimum 30% deposit is required). The rates displayed are only available for new owner occupier, loan borrowings of $150,000 or more.
2 Comparison rate calculated on a loan amount of $150,000 over a term of 25 years based on monthly repayments. These rates are for secured loans only. The rates displayed are at 80% LVR (meaning that a minimum 20% deposit is required). WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan.
3 Rates shown apply during the fixed period of your loan. After the fixed period, your rate will switch to the applicable variable rate for a principal and interest loan. Terms and conditions apply.
Investment Home Loans
|
Type of Loan | Interest Rate1 | Comparison Rate2 |
| | Investment RateSaver Home Loan | 6.68% p.a. | 6.72% p.a. |
| | Investment Value Home Loan - Principal and Interest | 7.23% p.a. | 7.27% p.a. |
| | Investment Value Home Loan - Interest Only | 7.23% p.a. | 7.27% p.a. |
| | 2 Year Investment Fixed Rate Home Loan | 6.35% p.a. | 7.09% p.a. |
| | 3 Year Investment Fixed Rate Home Loan | 6.24% p.a. | 6.97% p.a. |
| | 2 Year Investment Fixed Rate Home Loan - Interest Only | 6.35% p.a. | 7.09% p.a. |
| | 3 Year Investment Fixed Rate Home Loan - Interest Only | 6.24% p.a. | 6.97% p.a. |
| | Investment Construction Home Loan | 7.03% p.a. | 7.07% p.a. |
Note: Important Information please read
The small print
Rates are effective from 24 September 2024 and are subject to change. Terms, conditions, fees, charges and lending criteria apply. These are available at the time of application. Rates displayed on this page are not reference rates and are available for new loan applications only unless noted otherwise.
1 Rates are current at the time of publication and are subject to change. The rates displayed are at 80% LVR (meaning that a minimum 20% deposit is required). The rates displayed are only available for investors, loan borrowings of $150,000 or more (excluding the Investment Home Loan, the interest rate displayed is applicable for loan borrowings of $250,000 or more).
2 Comparison rate calculated on a loan amount of $150,000 over a term of 25 years based on monthly repayments. These rates are for secured loans only. The rates displayed are at 80% LVR (meaning that a minimum 20% deposit is required). WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan.
The small print
Rates are effective from 24 September 2024 and are subject to change. Terms, conditions, fees, charges and lending criteria apply. These are available at the time of application. Rates displayed on this page are not reference rates and are available for new loan applications only unless noted otherwise.
1 Rates are current at the time of publication and are subject to change. The rates displayed are at 80% LVR (meaning that a minimum 20% deposit is required). The rates displayed are only available for investors, loan borrowings of $150,000 or more (excluding the Investment Home Loan, the interest rate displayed is applicable for loan borrowings of $250,000 or more).
2 Comparison rate calculated on a loan amount of $150,000 over a term of 25 years based on monthly repayments. These rates are for secured loans only. The rates displayed are at 80% LVR (meaning that a minimum 20% deposit is required). WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan.
Car Loans
|
Type of Loan | Interest Rate | Comparison Rate1 |
| | Car Loan | 6.95% p.a. | 7.89% p.a. |
Personal Loans
|
Type of Loan | Interest Rate | Comparison Rate |
| | Green Loan | 7.15% p.a. | 8.06% p.a. |
| | Fixed Rate | 9.99% p.a. | 10.93% p.a. |
Note: Important Information please read
The small print
Rates are effective from 19 July 2023 and are subject to change.
Terms, conditions, fees, charges and lending criteria apply. These are available at the time of application.
1 Comparison rate based on a $30,000 loan over 5 years. WARNING: This comparison rate applies to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees and costs and savings such as fee waivers are not included in the comparison rate but may influence the cost of the loan. A monthly repayment frequency and a term of 5 years have been used to calculate our comparison rate.
The small print
Rates are effective from 19 July 2023 and are subject to change.
Terms, conditions, fees, charges and lending criteria apply. These are available at the time of application.
1 Comparison rate based on a $30,000 loan over 5 years. WARNING: This comparison rate applies to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees and costs and savings such as fee waivers are not included in the comparison rate but may influence the cost of the loan. A monthly repayment frequency and a term of 5 years have been used to calculate our comparison rate.
Low Rate Visa Credit Card
|
Type of Loan | Interest Rate | Comparison Rate |
| | Purchases1 | 11.99% p.a. | N/A |
| | 12 Month Balance Transfer | 0.00% p.a. | N/A |
| | Cash advances | 19.99% p.a. | N/A |
Note: Important Information please read
The small print
Rates are effective from 1 January 2019 and are subject to change. Terms, conditions, fees, charges and lending criteria apply. These are available at the time of application.
1 11.99% for purchases with up to 45 days interest free.
The small print
Rates are effective from 1 January 2019 and are subject to change. Terms, conditions, fees, charges and lending criteria apply. These are available at the time of application.
1 11.99% for purchases with up to 45 days interest free.
Fees and Charges
Australian Military Bank provides the following services free of charge to members:
-
Cash withdrawals in branch.
-
Internal transfers through online or mobile banking.
-
Deposits of any kind.
-
Debit Card transactions where the 'Credit' button selected on the EFTPOS terminal.
-
Visa Debit Card bill payments.
-
Free Everyday banking for ADF recruits with the Recruit Salary Saver Account.
Useful links
The reference rates are our interest rates without any discounts applied.
Your reference rate can be found in your loan contract.
Reference Rates
|
Type of Loan | Interest Rate | Comparison Rate1 |
| | Standard Variable Home Loan | 8.85% p.a. | 8.89% p.a. |
| | Home Equity Overdraft (not for sale) | 7.15% p.a. | na |
| | Overdraft (not for sale) | 16.65% p.a. | na |
Note: Important Information please read
The small print
Rates are effective from 20 June 2023 and are subject to change. Terms, conditions, fees, charges and lending criteria apply. These are available at the time of application.
1 Comparison rate calculated on a loan amount of $150,000 over a term of 25 years. WARNING: This comparison rate applies to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees and costs and savings such as fee waivers are not included in the comparison rate but may influence the cost of the loan. A monthly repayment frequency and a term of 25 years have been used to calculate our comparison rate.
The small print
Rates are effective from 20 June 2023 and are subject to change. Terms, conditions, fees, charges and lending criteria apply. These are available at the time of application.
1 Comparison rate calculated on a loan amount of $150,000 over a term of 25 years. WARNING: This comparison rate applies to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees and costs and savings such as fee waivers are not included in the comparison rate but may influence the cost of the loan. A monthly repayment frequency and a term of 25 years have been used to calculate our comparison rate.
