Australian Military Bank Online Saver
savings accountlinked accountterms checked
Online Saver is a savings account from Australian Military Bank. It pays 5.10% p.a. in a month in which the conditions below are met and 0.10% when they are not.
Rate tiers
Every balance band in the bank's feed: base is the rate when the bonus conditions are not all met, bonus the add-on for meeting them, conditional the two together.
| Balance | Base | Bonus | Conditional |
|---|---|---|---|
| $0 – $499,999.99 | 0.10% | 5.00% | 5.10% |
The bonus is paid on top of the base rate in a month in which the conditions are met; conditional is the two together, and the base rate is what is paid otherwise.
The bonus is paid on balances up to $500,000; the feed states no rate above it.
The feed states a maximum balance of $500,000.
Conditions
For the bonus rate
- The bonus interest rate is applicable to the full account balance when you maintain a balance between $0 and $500,000 and don’t make any withdrawals during the month.
Other conditions
- open to people aged 11 and over; younger children need a parent or guardian to open it
- withdrawals can only go to one linked account, either an Australian Military Bank account or an external account
- also open to self-managed super funds (SMSFs): its Account and Access Facility Terms and Conditions, which govern this account, say "You can open an account as a trust account, including a Self-Managed Super Fund (SMSF)."
Features
- app
- yes
- Osko
- yes
- PayID
- yes
- notifications
- yes
Other features, in the bank's words:
- No monthly account keeping fees
- A bonus interest rate for balances between $5,000 - $500,000 when no withdrawals are made during the calendar month
Fees, limits and who can open it
- monthly fee
- no monthly fee stated
- other fees named
- Buy Foreign Currency, ATM Fee, Bank@Post Cheque Dishonour Fee, EFTPOS Dispute Fee, Cash Advance at Other Financial Institution, Foreign Currency Conversion, Visa Card Replacement Processing Fee, Retrieval of member documents from archives (no amount in the feed)
- maximum balance
- $500,000
- bonus paid up to
- $500,000
- interest paid
- monthly
- interest calculated
- daily
- age
- ages 11 and over
- open to
- personal and SMSF customers
- linked account
- a linked or nominated transaction account is required
Who can open it, in the bank's own words:
- residency: Individuals must be citizens or permanent residents of Australia.
About this account
The Online Saver Account gives you access to your money exclusively via Internet Banking, so you can avoid temptation and reach your savings goals faster. Plus, you’ll be rewarded with a competitive bonus interest rate when the conditions on the account are met.
Data
- Australian Military Bank's own page for this account.
- The bank's documents its product record links to: terms and conditions, fees, eligibility.
- Our verbatim snapshot of the bank's product record (source), as fetched on 10 November 2026.
- We read the bank's own page and terms against this page on 1 November 2026: online-saver, australianmilitarybank.com.au, australianmilitarybank.com.au; conditions they state and its feed does not are listed above.
/au/finance/savings-accounts/v1/brands/australian-military-bank.json: this bank's accounts and every balance band as JSON; Australian Military Bank's page lists them.- The bank last updated this record on 10 November 2026. Rates are per annum as the bank states them; "stale" means the bank has not updated the record for over 60 days or since the latest cash rate change.
Other accounts at Australian Military Bank
- Christmas Clubstale savings account, 2.00% base at $50,000
- DIY Super Saverstale savings account, 4.35% base at $50,000
- Pension Access Accountstale savings account, 2.00% base at $50,000
- Recruit Salary Saverstale savings account, 2.00% base at $50,000
- Access Accountstale transaction account, 0.01% base at $50,000
- Military Clubs Accountstale transaction account, 0.01% base at $50,000
- Military Kids Account transaction account, 0.01% base at $50,000
- Military Rewards Accountstale transaction account, 0.01% base at $50,000
All of Australian Military Bank's accounts on its page, with its best rates per segment and rate kind, and every account at every bank.
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