Australian Military Bank
Teen Plus
Australian Military Bank · term deposits
Provider last updated this product 2026-10-20.
Go to provider
You'll complete your application on
Australian Military Bank's website. Confirm the rate and fees with them
before applying.
Make a regular income on your savings with interest paid monthly.
Deposit rates
| Type | Rate | Term | Calculated | Applies to | Conditions | Interest |
|---|---|---|---|---|---|---|
| FIXED | 3.55% | 18 months | daily | $500+ | - | calculated daily, paid annually |
| FIXED | 3.20% | 31 months | daily | $500+ | - | calculated daily, paid annually |
| FIXED | 4.30% | 3 months | daily | $500+ | - | calculated daily, paid quarterly |
| FIXED | 3.55% | 16 months | daily | $500+ | - | calculated daily, paid annually |
| FIXED | 3.55% | 17 months | daily | $500+ | - | calculated daily, paid annually |
| FIXED | 3.55% | 19 months | daily | $500+ | - | calculated daily, paid annually |
| FIXED | 3.55% | 20 months | daily | $500+ | - | calculated daily, paid annually |
| FIXED | 3.55% | 13 months | daily | $500+ | - | calculated daily, paid annually |
| FIXED | 3.55% | 21 months | daily | $500+ | - | calculated daily, paid annually |
| FIXED | 3.55% | 22 months | daily | $500+ | - | calculated daily, paid annually |
| FIXED | 3.20% | 29 months | daily | $500+ | - | calculated daily, paid annually |
| FIXED | 3.20% | 25 months | daily | $500+ | - | calculated daily, paid annually |
| FIXED | 3.20% | 26 months | daily | $500+ | - | calculated daily, paid annually |
| FIXED | 3.20% | 28 months | daily | $500+ | - | calculated daily, paid annually |
| FIXED | 3.55% | 23 months | daily | $500+ | - | calculated daily, paid annually |
| FIXED | 3.20% | 32 months | daily | $500+ | - | calculated daily, paid annually |
| FIXED | 3.20% | 33 months | daily | $500+ | - | calculated daily, paid annually |
| FIXED | 3.20% | 27 months | daily | $500+ | - | calculated daily, paid annually |
| FIXED | 3.55% | 24 months | daily | $500+ | - | calculated daily, paid annually |
| FIXED | 3.55% | 15 months | daily | $500+ | - | calculated daily, paid annually |
| FIXED | 3.20% | 35 months | daily | $500+ | - | calculated daily, paid annually |
| FIXED | 3.20% | 34 months | daily | $500+ | - | calculated daily, paid annually |
| FIXED | 3.20% | 36 months | daily | $500+ | - | calculated daily, paid annually |
| FIXED | 3.55% | 14 months | daily | $500+ | - | calculated daily, paid annually |
| FIXED | 4.30% | 5 months | daily | $500+ | - | calculated daily, paid P5M |
| FIXED | 4.30% | 4 months | daily | $500+ | - | calculated daily, paid P4M |
| FIXED | 4.30% | 11 months | daily | $500+ | - | calculated daily, paid P11M |
| FIXED | 4.30% | 8 months | daily | $500+ | - | calculated daily, paid P8M |
| FIXED | 5.35% | 9 months | daily | $500+ | - | calculated daily, paid P9M |
| FIXED | 4.30% | 10 months | daily | $500+ | - | calculated daily, paid P10M |
| FIXED | 5.45% | 6 months | daily | $500+ | - | calculated daily, paid half-yearly |
| FIXED | 5.40% | 12 months | daily | $500+ | - | calculated daily, paid annually |
| FIXED | 5.40% | 7 months | daily | $500+ | - | calculated daily, paid P7M |
| FIXED | 3.20% | 30 months | daily | $500+ | - | calculated daily, paid annually |
Fees
| Fee | Type | Amount | Details |
|---|---|---|---|
| Paper statement fee (per statement) | PERIODIC | $2 | - |
| Foreign Cheque encashment (<AU$5000) | EVENT | $15 | - |
| Audit Certificate Fee | EVENT | $50 | Per audit certificate requested |
| Copies of statements (up to 12 months) at branch | EVENT | $2.50 | - |
| Copies of statements (over 12 months) at branch or posted | EVENT | $5 | per page |
| Copies of statements (up to 12 months) posted | EVENT | $1 | per page |
| Foreign Cheque encashment (>AU$5000) | EVENT | $50 | - |
Rate history
The figures behind this chart
| From | Until | Rate |
|---|---|---|
| 2026-07-15 | 2026-07-20 | 4.75% |
| 2026-08-08 | 2026-08-18 | 4.50% |
| 2026-08-21 | 2026-10-19 | 4.00% |
| 2026-10-20 | 2026-10-26 (current) | 5.45% |
Published figures as captured daily since 2026-07-15. A step is the day the provider's published figure changed; days without a published figure carry the last published value.
Features
Who can apply
- max age - 18
- residency status - Citizens or permanent residents of Australia.
Limits
- min balance - 500.00
The provider's own documents
- Product overview › (opens in a new tab)
- Terms and conditions › (opens in a new tab)
- Eligibility criteria › (opens in a new tab)
- Fees and pricing › (opens in a new tab)
Published by the provider under the Consumer Data Right. These are their documents, not ours - they are the authority on this product.
Last updated by data holder: 2026-10-20T13:00:00.413549Z · Product ID: 4f86dc3e-4af2-40a4-adcf-210d341f538f