Rates and Fees

We focus on providing our members with better quality services, lower fees and competitive interest rates.

Everyday Accounts

Military Rewards Account

Interest on the Military Rewards Account is calculated daily and paid monthly to members' accounts.

BalanceInterest Rate
Whole of balance0.01% 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.

BalanceInterest Rate
Whole of balance0.01% p.a.

Recruit Salary Saver Account

Interest on the Recruit Salary Saver is calculated daily and paid monthly to members' accounts.

BalanceInterest Rate
Whole of balance1.05% p.a.

Pension Access Account

Interest on the Pension Access Account is calculated daily and paid monthly to members' accounts.

BalanceBalance
Tier 1 - $0 up to $49,2000.25% p.a.
Tier 2 - $49,201 to $250,0000.80% p.a.
Tier 3 - more than $250,0000.25% p.a.

Overdrafts

Type of LoanInterest RateComparison Rate
Legacy Overdraft (Existing accounts only - product closed to new business)16.65% paN/A

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.

BalanceInterest Rate
$0 to $500,0000.10% p.a.
Bonus Interest4.40% p.a.
Maximum Interest EarntUp 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.

BalanceInterest Rate
Whole of balance4.15% 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.

BalanceInterest Rate
Whole of balance0.25% p.a.

Junior Saver Account

Interest on the Junior Saver Account is calculated daily and credited to members' accounts quarterly.

BalanceInterest Rate
Whole of balance0.25% p.a.

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 to 5 Months3.50% p.a.
6 to 9 Months4.80% p.a.
10 to 11 Months4.80% p.a.
12 Months4.80% p.a.
13 to 15 Months4.65% p.a.
16 to 23 Months3.95% p.a.
24 to 36 Months3.95% 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 to 5 Months3.40% p.a.
6 to 9 Months4.70% p.a.
10 to 11 Months4.70% p.a.
12 Months4.70% p.a.

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.

BalanceInterest Rate
12 month Fixed Term Investment Option4.80% p.a.
24 month Fixed Term Investment Option3.95% p.a.
36 month Fixed Term Investment Option3.95% p.a.
Variable Rate Investment Option ($0 - $9,999)0.25% p.a.
Variable Rate Investment Option (>$10,000)0.25% p.a.

DHOAS Variable Rate Home Loans

Type of LoanInterest Rate1Comparison Rate2
DHOAS RateSaver Home Loan6.43% p.a.6.47% p.a.
DHOAS Value Home Loan 6.98% p.a.7.02% p.a.
DHOAS Standard Variable Home Loan6.98% p.a.7.02% p.a.
DHOAS Construction Home Loan7.38% p.a.7.42% p.a.

DHOAS Fixed Rate Home Loans

Type of LoanInterest Rate3Comparison Rate2
DHOAS 1 Year Fixed Rate Home Loan6.70% p.a.6.99% p.a.
DHOAS 2 Year Fixed Rate Home Loan6.70% p.a.6.96% p.a.
DHOAS 3 Year Fixed Rate Home Loan6.70% p.a.6.94% p.a.
DHOAS 5 Year Fixed Rate Home Loan6.69% p.a.6.89% p.a.

Variable Rate Home Loans

Type of LoanInterest Rate1Comparison Rate2
RateSaver Home Loan6.43% p.a.6.47% p.a.
Standard Variable Home Loan6.98% p.a.7.02% p.a.
Value Home Loan6.98% p.a.7.02% p.a.
Construction Home Loan7.38% p.a.7.42% p.a.

Fixed Rate Home Loans

Type of LoanInterest Rate3Comparison Rate2
1 Year Fixed Rate Home Loan6.70% p.a.6.99% p.a.
2 Year Fixed Rate Home Loan6.70% p.a.6.96% p.a.
3 Year Fixed Rate Home Loan6.70% p.a.6.94% p.a.
5 Year Fixed Rate Home Loan6.69% p.a.6.89% p.a.

Investment Home Loans

Type of LoanInterest Rate1Comparison Rate2
Investment RateSaver Home Loan6.68% p.a.6.72% p.a.
Investment Value Home Loan - Principal and Interest7.23% p.a.7.27% p.a.
Investment Value Home Loan - Interest Only7.23% p.a.7.27% p.a.
DHA Investment Home Loan - Principal and Interest7.23% p.a.7.27% p.a.
DHA Investment Home Loan - Interest Only7.23% p.a.7.27% p.a.
2 Year Investment Fixed Rate Home Loan6.95% p.a.7.21% p.a.
3 Year Investment Fixed Rate Home Loan6.95% p.a.7.19% p.a.
2 Year Investment Fixed Rate Home Loan - Interest Only6.95% p.a.7.21% p.a.
3 Year Investment Fixed Rate Home Loan - Interest Only6.95% p.a.7.19% p.a.
Investment Construction Home Loan7.63% p.a.7.67% p.a.

Car Loans

Type of LoanInterest RateComparison Rate1
Car Loan6.95% p.a.7.89% p.a.

Personal Loans

Type of LoanInterest RateComparison Rate
Green Loan7.15% p.a.8.06% p.a.
Fixed Rate9.99% p.a.10.93% p.a.

Low Rate Visa Credit Card

Type of LoanInterest RateComparison Rate
Low Rate Visa Card111.99% p.a.N/A
12 Month Balance Transfer0.00% p.a.N/A
Cash advances19.99% p.a.N/A

Fees and Charges

 

Download our Schedule of 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 LoanInterest RateComparison Rate1
Standard Variable Home Loan8.85% 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

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