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Australian Military Bank

Australian Military Bank are Australia’s longest running Defence financial institution established in 1959. The bank is a mutual organisation run to benefit members, who are also shareholders. Currently there are 50,000 members and over 30 branches Australia wide at major Defence bases. Australian Military Bank focuses on providing low fees and competitive interest rates on their products. They offer everything from home loans to everyday and savings accounts. While the bank is designed for military members and their families, anyone is able to join. 

Australian Military Bank savings account interest calculator

Thinking about taking out a savings account with Australian Military Bank? Use our savings account calculator to see how much you’d have to repay under different borrowing scenarios. You can also see how Australian Military Bank savings account compare with various products.

Investing your money into a savings account is an effective strategy. This calculator is designed to help you achieve your savings goal faster. See how fast your savings can grow with regular deposits.

Initial deposit

Monthly deposit

Period

months

Your monthly interest earned

$8

Interest rate

1.50%

Total interest earned

$158

Total amount

$17,158

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