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 Savings Accounts

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 balance1.25% 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 $49,2000.75% p.a.
Tier 2 - $49,201 to $250,0001.50% p.a.
Tier 3 - more than $250,0001.00% p.a.

Overdrafts

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

Star Saver Direct

Interest for the Star Saver Direct is calculated daily and credited to members' accounts monthly. For balances of $2,000 or more the higher interest rate applies to the whole of the account balance (i.e. including the first $2,000).

BalanceInterest Rate
Below $2,0000.10% p.a.
$2,000 or more0.50% p.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 $5,000 and $500,000 is maintained and no withdrawals are made during the month.

BalanceInterest Rate
$0 up to $4,9990% p.a.
$5,000 to $500,0000.27% p.a.
Bonus Interest1.23% p.a.
Maximum Interest EarntUp to 1.50% 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 balance1.25% p.a.

Cash Management

Interest on the Cash Management Account is calculated daily and credited to members' accounts quarterly.

BalanceInterest Rate
Below $5,0000.00% p.a.
$5,000 - $24,9990.15% p.a.
$25,000 - $99,9990.25% p.a.
$100,000 or moreUp to 0.50% 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 balance0.50% p.a.

Junior Saver Account

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

BalanceInterest Rate
$0 - $4990.25% p.a.
$500 - $9990.50% p.a.
$1000 or more0.50% 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 to $49,999$50,000 and above
3 to 5 months1.60% p.a.1.65% p.a.
6 to 8 Months1.60% p.a.1.65% p.a.
9 to 11 Months1.65% p.a.1.70% p.a.
12 Months1.65% p.a.1.70% p.a.
13 to 15 Months1.65% p.a.1.70% p.a.
16 to 18 Months1.65% p.a.1.70% p.a.
19 to 24 Months1.60% p.a.1.65% p.a.
25 to 36 Months1.60% p.a.1.65% 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 to $49,999$50,000 and above
3 to 5 Months1.50% p.a.1.55% p.a.
6 to 11 Months1.50% p.a.1.55% p.a.
12 Months1.55% p.a.1.60% 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 Option2.00% p.a.
24 month Fixed Term Investment Option2.00% p.a.
36 month Fixed Term Investment Option2.00% p.a.
Variable Rate Investment Option ($0 - $9,999)0.75% p.a.
Variable Rate Investment Option (>$10,000)1.00% p.a.

Discounted rates may apply depending on your deposit. Ask about our best rate for you.

DHOAS Variable Rate Home Loans

Type of LoanInterest Rate1Comparison Rate2
DHOAS RateSaver Home Loan3.31% p.a.3.32% p.a.
DHOAS Value Home Loan 3.63% p.a.3.67% p.a.
DHOAS Standard Variable Home Loan4.33% p.a.4.37% p.a.
DHOAS Construction Loan3.77% p.a.3.81% p.a.

DHOAS Fixed Rate Home Loans

Type of LoanInterest Rate3Comparison Rate2
DHOAS 1 Year Fixed Rate Home Loan3.89% p.a.4.99% p.a.
DHOAS 2 Year Fixed Rate Home Loan3.09% p.a.4.63% p.a.
DHOAS 3 Year Fixed Rate Home Loan3.59% p.a.4.71% p.a.
DHOAS 5 Year Fixed Rate Home Loan4.09% p.a.4.70% p.a.

Discounted rates may apply depending on your deposit. Ask about our best rate for you.

Variable Rate Home Loans

Type of LoanInterest Rate1Comparison Rate2
RateSaver Home Loan3.31% p.a.3.32% p.a.
Variable Offset Home Loan4.33% p.a.4.37% p.a.
Value Home Loan3.63% p.a.3.67% p.a.
Construction Loan3.77% p.a.3.81% p.a.
Home Equity Overdraft5.15% p.a.5.15% p.a.

Fixed Rate Home Loans

Type of LoanInterest Rate3Comparison Rate2
1 Year Fixed Rate Home Loan3.89% p.a.5.00% p.a.
2 Year Fixed Rate Home Loan3.09% p.a.4.63% p.a.
3 Year Fixed Rate Home Loan3.59% p.a.4.71% p.a.
5 Year Fixed Rate Home Loan4.09% p.a.4.70% p.a.

Discounted rates may apply depending on your deposit. Ask about our best rate for you.

Investment Home Loans

Type of LoanInterest Rate1Comparison Rate2
Investment RateSaver Home Loan3.65% p.a.3.66% p.a.
Investment Home Loan3.96% p.a.4.10% p.a.
DHA Investment Home Loan3.96% p.a.4.10% p.a.
2 Year Fixed Rate Investment Loan3.29% p.a.4.70% p.a.
3 Year Fixed Rate Investment Loan3.84% p.a.4.82% p.a.

Car Loans

Type of LoanInterest RateComparison Rate1
Car Loanfrom 5.71% p.a. to 8.66% p.a.from 6.57% p.a. to 10.07% p.a.

Personal Loans

Type of LoanInterest RateComparison Rate1
Variable Ratefrom 7.88% p.a. to 18.82% p.a.from 8.72% p.a. to 20.22% p.a.
Green Loan4.70% p.a.5.63% p.a.
Fixed Ratefrom 7.93% p.a. to 18.87% p.a.from 8.77% p.a. to 20.27% 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 phone 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

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 to $49,999$50,000 and above
3 to 5 months1.60% p.a.1.65% p.a.
6 to 8 Months1.60% p.a.1.65% p.a.
9 to 11 Months1.65% p.a.1.70% p.a.
12 Months1.65% p.a.1.70% p.a.
13 to 15 Months1.65% p.a.1.70% p.a.
16 to 18 Months1.65% p.a.1.70% p.a.
19 to 24 Months1.60% p.a.1.65% p.a.
25 to 36 Months1.60% p.a.1.65% 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 to $49,999$50,000 and above
3 to 5 Months1.50% p.a.1.55% p.a.
6 to 11 Months1.50% p.a.1.55% p.a.
12 Months1.55% p.a.1.60% 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 Option2.00% p.a.
24 month Fixed Term Investment Option2.00% p.a.
36 month Fixed Term Investment Option2.00% p.a.
Variable Rate Investment Option ($0 - $9,999)0.75% p.a.
Variable Rate Investment Option (>$10,000)1.00% 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 balance1.25% 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 $49,2000.75% p.a.
Tier 2 - $49,201 to $250,0001.50% p.a.
Tier 3 - more than $250,0001.00% p.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 $5,000 and $500,000 is maintained and no withdrawals are made during the month.

BalanceInterest Rate
$0 up to $4,9990% p.a.
$5,000 to $500,0000.27% p.a.
Bonus Interest1.23% p.a.
Maximum Interest EarntUp to 1.50% p.a.

Star Saver Direct

Interest for the Star Saver Direct is calculated daily and credited to members' accounts monthly. For balances of $2,000 or more the higher interest rate applies to the whole of the account balance (i.e. including the first $2,000).

BalanceInterest Rate
Below $2,0000.10% p.a.
$2,000 or more0.50% p.a.

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.

Recruit Salary Saver Account

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

BalanceInterest Rate
Whole of balance1.25% p.a.

Access Savings Accounts

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.

Junior Saver Account

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

BalanceInterest Rate
$0 - $4990.25% p.a.
$500 - $9990.50% p.a.
$1000 or more0.50% p.a.

Cash Management

Interest on the Cash Management Account is calculated daily and credited to members' accounts quarterly.

BalanceInterest Rate
Below $5,0000.00% p.a.
$5,000 - $24,9990.15% p.a.
$25,000 - $99,9990.25% p.a.
$100,000 or moreUp to 0.50% 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 balance0.50% p.a.

DHOAS Variable Rate Home Loans

Type of LoanInterest Rate1Comparison Rate2
DHOAS RateSaver Home Loan3.31% p.a.3.32% p.a.
DHOAS Value Home Loan 3.63% p.a.3.67% p.a.
DHOAS Standard Variable Home Loan4.33% p.a.4.37% p.a.
DHOAS Construction Loan3.77% p.a.3.81% p.a.

Variable Rate Home Loans

Type of LoanInterest Rate1Comparison Rate2
RateSaver Home Loan3.31% p.a.3.32% p.a.
Variable Offset Home Loan4.33% p.a.4.37% p.a.
Value Home Loan3.63% p.a.3.67% p.a.
Construction Loan3.77% p.a.3.81% p.a.
Home Equity Overdraft5.15% p.a.5.15% p.a.

Fixed Rate Home Loans

Type of LoanInterest Rate3Comparison Rate2
1 Year Fixed Rate Home Loan3.89% p.a.5.00% p.a.
2 Year Fixed Rate Home Loan3.09% p.a.4.63% p.a.
3 Year Fixed Rate Home Loan3.59% p.a.4.71% p.a.
5 Year Fixed Rate Home Loan4.09% p.a.4.70% p.a.

Investment Home Loans

Type of LoanInterest Rate1Comparison Rate2
Investment RateSaver Home Loan3.65% p.a.3.66% p.a.
Investment Home Loan3.96% p.a.4.10% p.a.
DHA Investment Home Loan3.96% p.a.4.10% p.a.
2 Year Fixed Rate Investment Loan3.29% p.a.4.70% p.a.
3 Year Fixed Rate Investment Loan3.84% p.a.4.82% p.a.

Overdrafts

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

Car Loans

Type of LoanInterest RateComparison Rate1
Car Loanfrom 5.71% p.a. to 8.66% p.a.from 6.57% p.a. to 10.07% p.a.

Personal Loans

Type of LoanInterest RateComparison Rate1
Variable Ratefrom 7.88% p.a. to 18.82% p.a.from 8.72% p.a. to 20.22% p.a.
Green Loan4.70% p.a.5.63% p.a.
Fixed Ratefrom 7.93% p.a. to 18.87% p.a.from 8.77% p.a. to 20.27% 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

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