4 March 2024

Revised our treatment of spousal relationships

This enables us to treat applicants as single where their non-loan party spouse has an independent income of $45,000 p/a. (for HEM) All joint liabilities from the borrower and the non-loan party spouse to be included in full.

I’m Josh Coleman and I am a Broker Experience Specialist.

I’ve been with AMP for 2 years in a variety of roles supporting customers, brokers and BDM’s. I play the drums at church and love following the AFL (I’m a mad Port fan).

Helping customers reach their goals of owning their own house and building their financial success drives me to be the best version of myself and give that to anyone I help. I also really enjoy working with numbers and the practical ways I can put that into action in the lending space.

The Broker Experience Team

The Broker Experience Team is your end-to-end partner from onboarding, deal status updates, enquiries about processing times, governance or anything that can’t be answered via ApplyOnline®. At AMP we continue to do all we can in supporting our brokers like you, so you can focus on supporting your customers.

We have reduced New Business pricing for Fixed and Variable loans

We have reduced our New Business pricing for Fixed and Variable rates on our Professional Package and Essential products.

Our home loan products give your customers choices for whatever wealthy they want.

Effective Friday 23 February 2024.

We have reduced rates on our Essential product for Owner Occupied loans.

We’re also reducing fixed rates across Professional package for 1,2,3 and 5-year fixed terms.

Please refer to the current Interest Rate Bulletin for a full list of our interest rates.

Term Deposit rate changes

Effective as of Monday 26 February 2024 we have updated our Term Deposit rates.

Whether your client is saving for a home of their own, a holiday, a car or for the future, AMP Bank's term deposits can help your clients achieve their goal.

Effective Monday 26 February 2024.

Please refer to the current Interest Rate Bulletin for a full list of our interest rates.

For more information on any of our updates, please contact your BDM
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What you need to know

The credit provider is AMP Bank Limited ABN 15 081 596 009, AFSL and Australian Credit Licence 234517.  Approval is subject to AMP Bank guidelines. Information including interest rates is correct as at 23 February 2024 and is subject to change without notice. Terms and conditions apply and are available at amp.com.au/bankterms or by calling 13 30 30. Fees and charges are payable. Before making a decision about an AMP Bank product your customers should consider the terms and conditions. Read our Financial Services Guide available at amp.com.au/fsg for information about our services, including the fees and other benefits that AMP companies and their representatives may receive in relation to products and services provided to you.

For Notice Accounts only: Before making a decision about this product your customers should consider the Notice Account PDS available from AMP at amp.com.au/bankterms or on 13 30 30.

This email was sent by AMP Bank Limited, Level 2, 2-12 Macquarie Street, Parramatta NSW 2150 to bhavna_rai@amp.com.au.