Savings Accounts

Are you saving for a special event, or a big purchase? Our savings accounts are perfect for everyday savers and for those in the Defence Forces. 

Cash Management

Cash Management

If you’re looking for a place to park your funds and earn great interest, the Cash Management Account is a great place to start.

Internet and

Mobile Banking

Competitive tiered

interest rates

Minimum balance



The Cash Management Account features:

  • Minimum opening balance of $5,000
  • ​Competitive interest rates paid on a tiered basis
  • Interest calculated daily and paid quarterly
  • Minimum withdrawal of $1,000
  • No monthly account keeping fees
  • Unlimited branch withdrawals
To open a Cash Management Account, apply online, call us on 
1300 13 23 28, or visit your nearest branch.

Rates & Fees


Here’s a breakdown of the rates and fees for the Cash Management Account:

  • Monthly account keeping fee: $0


Balance Interest Rate
Below $5,000 0.00% p.a.
$5,000 - $24,999 0.05% p.a
$25,000 - $99,999 0.25% p.a.
$100,000 or more 0.25% p.a

Download our Schedule of Fees and Charges



Here are our most common questions about the Cash Management Account. Have a different question? Call us on 1300 13 23 28 to speak to a consultant.

How is the interest calculated?
Interest is calculated daily and paid quarterly.

How can I access my funds?
You can access your funds via Internet Banking, Mobile Banking or at an Australian Military Bank branch.

Is there a minimum deposit needed to get started?
Yes, a balance of $5,000 or more is needed to open your account.

Is there a minimum monthly balance required?
Yes, a minimum monthly balance of $5,000 is required. 

How safe is my money with Australian Military Bank?
Just like the major banks, Australian Military Bank needs to comply with the Banking Act and is supervised by the Australian Prudential Regulation Authority.

Deposit balances at Australian Military Bank up to $250,000 per depositor are guaranteed by the Australian Government under the Financial Claims Scheme (FCS). Access to the FCS is subject to eligibility criteria.

Interest Rate
Monthly Fees
Online Banking
Mobile Banking
Interest Calculated
Interest Paid
Restricted Withdrawals
Minimum Balance
Maximum Balance
Minimum Deposit
Minimum Withdrawal
Direct Debit and Credit Facility
Bank @ Post
Branch Banking

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