Australian Medical Association AMP Bank Affinity Home Loan package1.Offering lower rates for Members Only.

Your benefits include

  • For Home Loans over $1 million
    • 0.75% pa discount off AMP Bank's Variable Rate and Line of Credit
    • 0.15% pa discount off AMP Bank's Fixed Rate
  • For Home Loans from $500,000 to $999,999
    • 0.70% pa discount off AMP Bank's Variable Rate and Line of Credit
    • 0.15% pa discount off AMP Bank's Fixed Rate
  • For Home Loans between $100,000 and $499,999
    • 0.65% pa discount off AMP Bank's Variable Rate and Line of Credit
    • 0.15% pa discount off AMP Bank's Fixed Rate
  • Home Loan Fee waivers
    • Save $350 - no Establishment Fee2 for loans with a loan to value ratio of less than 90%.
    • Save $330 every year - no Annual Package Fee
    • No monthly account management fee
  • Home Loan Extras
    • Unlimited free withdrawals of advance payments by rediATM/ EFTPOS within Australia for Variable Rate and Line of Credit loans3.
    • Access to AMP Bank's RapidPay with free redraw facility3.
    • Access to your additional repayments via ATM's, internet and phone banking.
    • Make additional lump sum repayments of up to $10,000 per year on fixed rate loans without penalty.
    • A Master Limit4 feature is available where you can draw on money (up to your maximum borrowing limit that is established when you loan is approved) to invest, for up to 10 years. With this facility you only repay your funds you use, with the balance remaining on standby.
  • Deposits
    • Enjoy an interest bonus of 0.50% pa5 on selected Term Deposits

Download an Application Form Download a Deposit Application Form

  1. Package benefits, including fee waivers and interest rate discounts are taken from AMP Bank's Classic Variable and Fixed Interest Rates. They are subject to change by AMP Bank at any time. Only available to current Australian Medical Associationmembers for new loans greater than $100,000 and not avaible when switching from existing AMP Bank home loan products. Fees and charges are payable. Terms and conditions available on request.
  2. Additional Deferred Establishment Fee of 1% of original facility amount is payable if loan is paid out in first 2 years. A Deferred Establishment Fee of $1000 is payable if loan is paid out in years 3 - 4.
  3. Fee-free transactions excludes transactions at non-rediATMs. Other ATM providers' fees may apply to ATM transactions at non-rediATMs. Fees also apply for international transactions and special services.
  4. A Master Limit set up fee of $200 applies.
  5. Bonus interest of 0.50% pa on term deposits from 30 days to 5 years, excluding current special offers. The minimum opening balances for new term deposit customers is $5,000 for 90 days and greater and $25,000 for 30 to 89 day terms. Maximum balance is $1 million.
  • AMP Bank is committed to providing the AMA and its members with the highest level of support, including a financial contribution, towards the AMA's activities and programs.
  • The credit provider is AMP Bank Limited ABN 15 081 596 009, trading as AMP Bank. Approval is subject to AMP Bank guidelines. AFSL No. 234517.