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Notice to Members: Changes to Savings Account Interest Rates

30 September 2020

Notice to Members: Changes to Savings Account Interest Rates

Australian Military Bank and RSL Money wishes to advise that effective 1 October 2020, the below interest rates will apply to selected accounts:

Online Saver

Tier Old Rate New Rate Change
$0-$4,999 0.00% 0.00% 0.00%
$5,000-$500,000   0.25% 0.10% -0.15%
Bonus Rate* 1.00% 1.00% 0.00%

*Bonus rate applies when maintaining a balance between $5,000-$500,000 and not making any withdrawals during the month. 

Pensioner Access Account (Australian Military Bank and RSL Money)

Tier Old Rate New Rate Change
$0-$49,200 0.25% 0.25% 0.00%
$49,201-$250,000 1.25% 1.00% -0.25%
$250,000+ 0.25% 0.25% 0.00%


DIY Super Saver

Tier Old Rate New Rate Change
All Balances          1.25% 1.00% -0.25%


Interest rates are current as at the time of publication and are subject to change. Fees, charges, terms and conditions apply. For full product details please visit the relevant product pages.

Australian Military Bank Ltd ABN 48 087 649 741 AFSL and Australian Credit Licence Number 237 988. RSL Money is a business name of Australian Military Bank Ltd.

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