Australian Medical Association AMP Banking Affinity package1.
Benefits for current Australian Medical Association, members include:
  • Up to 0.75% p.a. discount off AMP Banking's Variable Rate and Line of Credit home loans.
  • A saving of 0.15% p.a. off AMP Banking's 1, 2, 3 and 5 year Fixed Rate loans for total borrowings over $250,000.
  • Save $350 - No Establishment Fee2 for loans with a loan to value ratio of 90% or less.
  • Save $330 - Annual Package Fee waived each year.
  • No monthly account management fees.
  • Unlimited free domestic transactions3.
  • A Redraw Facility and unlimited free withdrawals of advance payments by rediATM/ EFPTOS in Australia3.
  • Access to a range of competitive everyday and savings accounts, including the First Home Saver Account.

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1. Package benefits, including fee waivers and interest rate discounts are taken from AMP Banking's Classic Variable and Fixed Interest Rates. They are subject to change by AMP Banking at any time. Only available to current Australian Medical Association members for new loans greater than $100,000 and not available when switching from existing AMP Banking 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 include ATM transactions at rediATM's in Australia. From 1 March 2009 other financial institutions fees may apply to ATM transactions at non-rediATMs. Fees apply for international transactions and special services.
The credit provider is AMP Bank Limited ABN 15 081 596 009, trading as AMP Banking. Approval is subject to AMP Banking guidelines. AFSL No. 234517.
Only available to Permanent Residents of Australia or New Zealand. New Zealand borrowers must be living and working in Australia.