Australians receiving a pension from their self-managed super fund (SMSF) can make it easier to access their cash with a SuperEdge Pension Account from AMP. Use a linked Visa debit card for purchases and withdrawals for no fee, while your balance can continue to grow from a competitive interest rate. This convenient account combines all of your financial needs into one easy to manage place.
AMP SuperEdge Pension Account
![AMP SuperEdge Pension Account](https://www.finder.com.au/niche-builder/66b5a373740f0.png)
- Maximum variable rate
- 0.60% p.a.
- Base interest rate
- 0.6%p.a.
Our verdict
Conveniently access your pension funds while continuing to let it grow through interest earnings.
This account is suited to customers who are drawing a pension from their self managed super fund (SMSF). It’s an account to receive and hold pension payments, and you’ll get 24/7 access to your money online and with a linked Visa Debit Card which you can use to make purchases all over the world.
There is a monthly fee of $0, but this is waived in months where you deposit at least $2,000 or maintain a balance of $5000.
If you link this account to an AMP SuperEdge Cash Account you’ll earn a 0.6% variable interest rate on your Cash Account balance.
Pros
-
No minimum account opening or balance
-
Full access to internet banking and phone banking
-
Competitive interest rate
Cons
-
Strict criteria applies
Details
Key details
Product Name | AMP SuperEdge Pension Account |
Maximum Variable Rate | 0.60% p.a. |
Standard Variable Rate | 0.60% p.a. |
Monthly Account Fee | $0 |
Minimum Opening Deposit | $0 |
Minimum Age | 18 |
Your reviews
![Avatar](https://www.finder.com.au/finder-au/wp-uploads/2021/07/AlisonBanney_Finder_600x600.jpg)
Alison Finder
Editor
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
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.