AMP Savings & Transaction Accounts - Savings Accounts

AMP

Millions of people entrust most of their financial concerns on AMP. With more than 3,500 employees to ensure efficiency in the banking and wealth management service, it's no surprise at all that one in every six Australians is a customer of AMP.

AMP has created a good name in the world of financial services. In fact, it has billions of Australian dollars worth of assets, as of March, 2007. Founded in 1849, AMP first started as a mutual company. With sincere efforts to expand AMP's business network, the company was listed in New Zealand and Australian Stock Exchanges in 1998.

As part of its long-term plan, AMP aims to establish a good standing in the growing market place. The achievement of this goal lies on using its assets and capabilities in providing better customer service and wide range benefits. As of now, its financial services include investments, superannuation, insurance, banking, savings, and financial planning.

Savings Account Options

Because AMP recognizes the importance of saving to help finance education, home buying, trips, and other emergency expenses, it offers good savings account programs.

eASYSAVER Account

Unlike other savings account, eASYSAVER account lets you reap the benefits of saving without minimum deposit requirements. Moreover, no bank fees and hidden charges apply to the use of this service. Hence, you get to earn more through regular deposits and contributions. The interest rate is compounded daily and paid on a monthly basis. Another good thing about AMP savings account is that you can do online or phone banking with great ease. You can also make easy transfers and manage your funds more efficiently.

Term Deposit Account

If you want to resist the urge of overspending, the term deposit account may be the best option for you. With a certain amount required by the bank, you can help your money grow on its own through a fixed interest rate over a period of one month or up to five years. Not only that, you also get to choose the terms of payment, either by cheque or through reinvestment. Payments may be set on a monthly, quarterly, semi-annually, or yearly schedule.