AMP Banking Deposits. Right on the money

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1 AMP Banking Deposits Right on the money

2 Contents Features at a glance 3 Cash Management Account 4 Investment Builder Account 6 easysaver 8 Term Deposits 10 The complete banking solution 12 How to open an account 14 Just what you re after At AMP Banking we will provide you with the services that help you manage your money how you want. Need ready access to your money? Our Cash Management Account is just what you re after. Happy to put your money away for a higher interest rate? Check out our Term Deposit options. Or, for something in between, keep your money at call with an Investment Builder or easysaver account. 2

3 Features at a glance Cash Investment easysaver Term Management Builder Deposits Account Account Flexible At call Online Great everyday savings savings returns account account account Minimum opening balance $200 $500 $0 $5000 Access Card (ATM & EFTPOS Access) Cheque book Electronic deposits (Accounts in same name only) Electronic withdrawals (to registered account only) BankNet and BankPhone access (to check account details only) Bank transaction fees Service fees apply to all deposit accounts. See our Fees and Charges Guide for more information. For more information call us on or visit amp.com.au/banking 3

4 You re in charge Cash Management Account I want To choose how I run my finances Good rates for the money I save Easy access to my money 24 hours, 7 days through BankNet and BankPhone To choose how I pay my fees The Cash Management Account is just that a day-to-day working account that s managed by you, not your bank. You control the way you use it. There s no need to open a different account every time your banking needs change. It can be used as a savings or an investment account, and with an account opening deposit of just $200 it s easy to get started. Accessing your money is easy. You can choose to have a cheque book and an Access Card. Your Access Card gives you ATM and EFTPOS access throughout Australia, and around the world wherever you see the Cirrus Maestro logo displayed. Use BankNet and BankPhone to check your account balance, transfer funds and arrange bill payments, 24 hours, 7 days a week, bank fee-free. Depositing your money is easy too. Either call into any branch of Australia Post* to deposit both cheques and cash, or mail your cheque free of charge to AMP Banking. * Personal customers only. 4

5 Choose your Fee Plan If you re a personal customer and are likely to make a lot of ATM, EFTPOS or cheque transactions, the $10 monthly fee makes sense. When you pay $10 per month you receive a rebate of $10 worth of transactions charged at a cheaper rate. Or, if you don t make many transactions in a month, you might find it s easier to pay for your transactions as you go and pay no monthly fee. You decide. And, you can change your fee plan for the following month if you need to. Just call us. Benefits to you Flexible day-to-day account Easy to access Competitive interest calculated daily on the full closing balance, paid monthly Interest rates are tiered so the greater your balance, the more interest you ll earn Bpay, funds transfers and balance enquiries are bank fee-free using BankPhone or BankNet Choice of fee plan 5

6 Build your investment while you save Investment Builder Account I want A great interest rate on my savings Money available when I want it To be able to add to my savings whenever I want Easy access to my money 24 hours, 7 days through BankNet and BankPhone Bank fee-free BPAY, funds transfers and balance enquiries using BankPhone and BankNet Our Investment Builder Account lets you add to your savings at any time. Interest is calculated daily and paid monthly on the full closing balance. So, you ll earn a competitive rate that moves with market trends. Check our website amp.com.au/banking for our latest rates. As your investment grows, so does the interest you earn. This is an excellent incentive to maintain your savings, and you re not locked in should your circumstances change. The minimum account opening deposit is just $500. After that you can deposit as much or as little as you like. To make a deposit you can either send us a cheque, direct debit from another bank account or transfer funds by phone. You can transfer money to another person or another account and arrange bill payments using BankNet or BankPhone. But, because this account is about saving, there is no cheque, ATM or EFTPOS access to tempt you away from your goals! What s more, you ll save money because there are no monthly account fees to pay. 6

7 Benefits to you Funds available at call Competitive tiered interest rates paid on full closing balance Arranging bill payments, transferring funds and balance enquiries are bank fee-free using BankPhone and BankNet 7

8 easysaver I want Easy access through the Internet 24 hours, 7 days A great interest rate on my savings To be able to add as little or as much to my savings as I like High interest earning online account easysaver is designed specifically for personal customers who are Internet users, and offers one of the highest at call rates of all our savings accounts. Whether you re saving for a special goal, or have a lump sum that you want to earn extra interest on in the short term, easysaver is the account for you. The benefits of easysaver are clear and simple - competitive interest rates and the convenience of Internet banking. Make deposits by cheque (payable to AMP Bank Limited) through the post, by direct credit or transferring funds from another AMP Banking account. Withdraw your money by making a transfer to your AMP Banking account or any other bank account you have registered with us through BankNet or BankPhone (this account must be in the same name as your easysaver Account). There is no minimum opening balance or monthly account fees. 8

9 Benefits to you Easy to open, easy to use Competitive high interest calculated daily on the full closing balance, paid monthly BankNet and BankPhone access No minimum deposits or withdrawals No monthly account fees to pay Funds transfers and balance enquiries are bank fee-free using BankPhone or BankNet Apply online today 9

10 You choose the term, we ensure the return Term Deposits I want To earn a fixed interest rate on my investment To choose the term of my deposit To choose how my interest is paid to me No monthly account fees Choose from 30 days to 5 years or any length in between. Interest payments are also flexible. For terms of 1 year or more, we ll pay your interest monthly, quarterly, 6 monthly or annually you decide.* Have your interest added to your investment and reinvested for another term or paid directly to your registered bank account. For terms of 1 year or less, your interest is paid at maturity. There are no monthly account fees. Service fees apply to withdrawals by telegraphic transfer and bank draft. * A lower interest rate applies for interest payments other than annual. 10

11 We ll keep you in the picture We ll send you a Deposit Confirmation Letter as soon as we process your application. At maturity you have a number of options. Put your money away for another term, withdraw part of it and put the rest away again or have it paid back to you with interest. If you re undecided at the end of the term why not put your money at call in an easysaver Account and earn interest while you decide. We ll contact you before your investment matures so that you have time to decide what to do next. 11

12 The complete banking solution Open all hours Banking 24 hours a day, 7 days a week is easy and convenient with BankNet and BankPhone. You'll save time, hassles and money with a range of great features like: Bpay, funds transfer to anyone, account information, and more. If you require personal assistance, BankAssist is there for you. Direct Banking Option Description Access BankNet Internet banking By any Internet amp.com.au/banking that allows you connected to transfer funds, computer get account 24 hours a day, histories, BPAY, 7 days a week. secure messaging and more. BankPhone Automated touch Call , tone banking - 24 hours a day, simple, everyday 7 days a week. transactions are at your fingertips using your phone. BankAssist Help with queries By using any or complex telephone transactions from 8am on the phone by (E.S.T.) til talking to one of us pm, 7 days a week. 12

13 AMP Banking has a range of products designed to complement your savings goals. Be rewarded There are advantages to using an AMP Credit Card to pay for most of your purchases. Pay off your Credit Card balance each month directly from your Cash Management Account or your Investment Builder Account. By taking advantage of 55 days interest-free on your Credit Card, you ll save on fees and earn interest on your savings account at the same time. You ll also earn valuable reward points on your Credit Card. Visit to apply. Home Loans to suit your needs Saving to buy a home? Refinancing? Buying an investment property? Whatever your needs we have a home loan solution to suit you. Choose between fixed, variable interest, or a line of credit. OR, a combination of these it s your choice. Talk to us for financial advice AMP has a range of great options for insurance, superannuation and financial planning. AMP can help you design a complete financial package to help maximise your wealth and secure your financial future. 13

14 Next steps To open a new account with AMP Banking simply follow these steps: 1. Complete an application form. 2. Provide the minimum deposit for the account you re opening. 3. For Cash Management Accounts and Investment Builder Accounts - if you re a new AMP Banking customer we are required by law to verify your identity. See how to do this in Getting identified below. If you re an existing customer who has already been identified, you can send your application to us with your cheque. 4. For Term Deposit and easysaver Accounts, send your application with your cheque (made payable to AMP Bank Ltd) to us in the Reply Paid envelope, or visit your AMP Adviser or Financial Planner. Getting identified The Financial Transactions Reports Act 1988 requires AMP Banking to identify the signatories of our Cash Management and Investment Builder Accounts. You must provide identification totalling 100 points, such as a passport or birth certificate (70 points), Australian drivers licence (40 points), credit card (25 points), Medicare card (25 points). There are additional requirements for companies, businesses and trusts. Call us on

15 Here are the ways you can be identified: 1. At Australia Post* (where the GiroPost symbol is shown). They ll need your application, cash or cheque and will sight your identification documents. If it s a joint account, then both of you will need to be identified. OR 2. Your AMP Adviser or Financial Planner. Take your application, cheque and identification documents to an AMP Financial Planner. OR 3. Acceptable Referee. If you d like to mail your application or there are many signatories to be identified, then each of you can be identified by an Acceptable Referee who has known you for at least 12 months. Examples of Acceptable Referees are Accountants, Dentists, Justices of the Peace, Solicitors or Medical Practitioners. *Accounts opened with cash can only be made at Australia Post offices. Applies to personal customers only. 15

16 advice investments banking superannuation insurance optimism Contact us BankNet BankPhone hours, 7 days BankAssist am (E.S.T) til 10.30pm, 7 days BankFax info@ampbanking.com.au Mail Reply Paid 61178, AMP Banking Royal Exchange, NSW 1224 Issued by AMP Bank Limited ABN Item number /03A JN23870