AMP Cash Manager

  • Alison Banney's headshot

Updated
Fact checked
AMP Cash Manager
Maximum variable rate
4.75% p.a.
Base interest rate
4.75% p.a.
Minimum deposit
$0

Our verdict

Earn 4.75% p.a. on balances between $10,000.01 and $250,000 with no monthly conditions to meet and complete access to your money.

This account acts as an everyday transaction account and savings account in one. It offers complete access to your money when you need it, while also paying a decent interest rate.

You can earn 4.75% p.a. on balances between $10,000.01 and $250,000. This rate is lower than some of the leading savings rates in the market at the moment, however, there are no deposit conditions to meet to earn this rate and no withdrawal restrictions on your cash making it really flexible.

You get a free Visa Debit card which allows you to use your cash for day-to-day spending, as well as access to Google Pay or Apple Pay for contactless purchases.

Pros

  • Transaction account and savings account in one
  • No account keeping fee
  • Earn interest with no deposit conditions to meet
  • No withdrawal restrictions

Cons

  • No branches available

In this guide

  • Our verdict
  • Details
    • Key details
  • Key features
  • How to apply
  • Compare other savings accounts
  • Your reviews
  • Ask a question

Details

Key details

Product Name AMP Cash Manager
Maximum Variable Rate 4.75% p.a.
Standard Variable Rate 4.75% p.a.
Monthly Account Fee $0
Minimum Opening Deposit $10,000.01
Minimum Age 18

Key features

$0 Account keeping fee

This account doesn't charge any monthly account keeping fees.

Get up to 4.75% p.a. on your balance

The interest rate structure for AMP Cash Manager is tiered, therefore, you will earn a particular rate depending on what the account balance is. You can earn the top rate of 4.75% p.a. on balances between $10,000.01 and $250,000.

How to apply

Eligibility

Before getting started, check to ensure that you are able to meet the eligibility requirements:

  • Minimum age. In order to be considered for this account, you must be at least 18 years of age.
  • Residency requirements. You must be an Australian resident and able to be identified in Australia at the time of application.

Compare other savings accounts

1 - 14 of 181
Updated regularly
Product Finder Score Maximum Variable Rate p.a. Base interest rate Intro/Ongoing Government Guarantee Monthly Max Rate Conditions
Rabobank High Interest Savings Account
Rabobank logo
Finder score
8 Great
Maximum Variable Rate p.a.
5.45%
Standard Variable Rate p.a.
4.00%
Intro/Ongoing
4 months
Government Guarantee
Monthly Max Rate Conditions
  • Balances up to $250,000
Earn a high interest rate of 5.45% for the first 4 months and then 4% thereafter, with $0 account keeping fees and no monthly balance requirements.
Go to siteView details
Ubank Save Account
Finder Award
Ubank logo
Finder score
9.4 Excellent
Maximum Variable Rate p.a.
5.25%
Standard Variable Rate p.a.
0.00%
Intro/Ongoing
Ongoing
Government Guarantee
Monthly Max Rate Conditions
  • Deposit $500
  • Savings up to $100,000
Use code EASY30 to score $30 after 5 card purchases in your first 30 days. See terms link on the app store.
Go to siteView details
Bank of Queensland Smart Saver Account - 36+ years
BOQ logo
Finder score
8.6 Great
Maximum Variable Rate p.a.
4.90%
Standard Variable Rate p.a.
0.05%
Intro/Ongoing
Ongoing
Government Guarantee
Monthly Max Rate Conditions
  • Deposit $1,000
  • 5 eligible purchases
  • Balances up to $250,000
Aged 36+? You can earn 4.9% p.a. on balances up to $250,000 when you meet the account conditions each month.
Go to siteView details
ING Savings Maximiser
ING logo
Finder score
9.7 Excellent
Maximum Variable Rate p.a.
5.40%
Standard Variable Rate p.a.
0.05%
Intro/Ongoing
Ongoing
Government Guarantee
Monthly Max Rate Conditions
  • Deposit $1,000
  • 5 transactions
  • Grow your balance
  • Balances up to $100,000
Go to siteView details
Suncorp Bank Growth Saver Account
Suncorp Bank logo
Finder score
8.7 Great
Maximum Variable Rate p.a.
4.80%
Standard Variable Rate p.a.
0.35%
Intro/Ongoing
Ongoing
Government Guarantee
Monthly Max Rate Conditions
  • Grow balance by $200 each month (excl. interest)
  • Only 1 withdrawal
  • No balance limit on earning interest
Get a solid interest rate on your entire balance, with minimal conditions in order to get the max rate. This account doesn’t offer card access but you can make 1 withdrawal per month & grow your net balance by $200 (excl. interest) to earn the max rate.
Go to siteView details
P&N Bank Savvy Saver
P&N Bank logo
Finder score
9 Excellent
Maximum Variable Rate p.a.
5.10%
Standard Variable Rate p.a.
0.55%
Intro/Ongoing
Ongoing
Government Guarantee
Monthly Max Rate Conditions
  • Deposit $500
  • 5 Access Account debit card purchases
  • Balance under $100,000
Get 5.1% p.a. ongoing when you deposit $500 and make 5 debit card purchases per month. Make withdrawals and still earn bonus interest.
Go to siteView details
ING Savings Accelerator ($150,000 - $500,000)
ING logo
Finder score
8.5 Great
Maximum Variable Rate p.a.
5.15%
Standard Variable Rate p.a.
4.45%
Intro/Ongoing
4 months
Government Guarantee
Monthly Max Rate Conditions
  • Welcome rate applies up to $500K
Ideal for higher balances, savers can earn up to 5.15% for the first 4 months and up to 4.45% thereafter. There are no conditions and $0 account-keeping fees.
Go to siteView details
St.George Incentive Saver
St.George Bank logo
Finder score
9.1 Excellent
Maximum Variable Rate p.a.
5.00%
Standard Variable Rate p.a.
1.60%
Intro/Ongoing
Ongoing
Government Guarantee
Monthly Max Rate Conditions
  • Grow balance $50 ($0.01 if under 21)
  • Balance up to $249,999.99
Extra 0.10% p.a. for 3 months for new customers who apply online, balances under $250k.
Go to siteView details
Macquarie Savings Account
Macquarie Bank logo
Finder score
8.8 Great
Maximum Variable Rate p.a.
5.10%
Standard Variable Rate p.a.
4.75%
Intro/Ongoing
4 months
Government Guarantee
Monthly Max Rate Conditions
  • Balances up to $250,000
Go to siteView details
Bank of Queensland Simple Saver Account
BOQ logo
Finder score
8.5 Great
Maximum Variable Rate p.a.
4.55%
Standard Variable Rate p.a.
4.55%
Intro/Ongoing
Ongoing
Government Guarantee
Monthly Max Rate Conditions
  • Balances up to $5,000,000
Open up to 9 accounts to take control of your savings and don't worry about meeting fiddly conditions or paying frustrating fees.
Go to siteView details
Newcastle Permanent Smart Saver Account
Newcastle Permanent logo
Finder score
7.7 Great
Maximum Variable Rate p.a.
4.25%
Standard Variable Rate p.a.
0.05%
Intro/Ongoing
Ongoing
Government Guarantee
Monthly Max Rate Conditions
  • Grow balance
  • No more than 2 withdrawals
Go to siteView details
Westpac Life (18-29 year olds only)
Westpac logo
Finder score
8.9 Great
Maximum Variable Rate p.a.
5.00%
Standard Variable Rate p.a.
1.60%
Intro/Ongoing
Ongoing
Government Guarantee
Monthly Max Rate Conditions
  • Make a deposit
  • Grow your balance
  • 5 debit card purchases
  • Balances up to $30,000
Go to siteView details
Bank of Queensland Future Saver Account - 14 to 35 years
BOQ logo
Finder score
9.4 Excellent
Maximum Variable Rate p.a.
5.25%
Standard Variable Rate p.a.
0.05%
Intro/Ongoing
Ongoing
Government Guarantee
Monthly Max Rate Conditions
  • Deposit $1,000
  • 5 eligible transactions
  • Balances up to $50,000
Go to siteView details
BCU Bonus Saver
BCU logo
Finder score
2.2 Basic
Maximum Variable Rate p.a.
4.75%
Standard Variable Rate p.a.
0.25%
Intro/Ongoing
4 months
Government Guarantee
Monthly Max Rate Conditions
  • N/A
Go to siteView details
loading

How the Finder Score helps you find a better savings account

The Finder Score is a simple score out of 10. The higher a savings account's score, the better we think it is for the average customer.

We score each savings account in our database of hundreds based on a data-driven methodology with 2 main criteria: Does the account offer a high interest rate? And is it easy for savers to actually earn that rate?

Read the full Finder Score breakdown

Sources
  1. AMP Cash Manager information page
  2. AMP Cash Manager TMD

Your reviews

No reviews yet. Write a review

Ask a question

Ask a question
Avatar

Alison Finder

Editorial Manager, Money

Hi there, looking for more information? Ask us a question.

Error label

You are about to post a question on finder.com.au:

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • finder.com.au is a financial comparison and information service, not a bank or product provider
  • We cannot provide you with personal advice or recommendations
  • Your answer might already be waiting – check previous questions below to see if yours has already been asked
Accept and continue

Finder only provides general advice and factual information, so consider your own circumstances, or seek advice before you decide to act on our content. By submitting a question, you're accepting our Terms Of Service and Finder Group Privacy & Cookies Policy.

This site is protected by reCAPTCHA and the Privacy Policy and Terms of Service apply.

Avatar

Alison Banney

Editorial Manager, Money

Alison is an editor at Finder and a personal finance journalist with over 10 years of experience, having contributed to major financial institutions and publications such as Westpac, Money Magazine, and Yahoo Finance. She is frequently quoted in media outlets like SmartCompany and SBS, offering expert insights on superannuation and money management. Alison holds a Bachelor of Communications in Public Relations and Journalism from the University of Newcastle, and has earned three ASIC RG146 certifications in superannuation, securities and managed investments and general financial advice, ensuring her expertise is fully aligned with ASIC standards. See full profile

More resources on Finder
Banking
Investments
Banks
Go to site