How it Works

AMM Process

AMM streamlines the administration of investing in term deposits online, saving you time and money. You can see all your term deposits in one place and optimise returns on every rollover. Read on for a closer look at how our platform works and how we automate the system for your benefit - enabling you to manage your term deposit investments when it's convenient for you.

We will also tell you more about why you will need a Cash Management Account (CMA) and how we can create one for you if you don't have one already.

  1. 1

    Browse Investment Options & Returns

    View all the updated daily rates & investment options, 24/7.

  2. 2

    Select Investment

    Select the preferred investment option from the range of financial institutions.

  3. 3

    AMM Instructs Financial Institution

    AMM completes the paperwork & instructs the financial institution on your behalf, organising the secure transfer of funds.

  4. 4

    Investment Matures

    For term deposits, AMM will email you 7 days & 1 day prior to maturity, giving you time to review options for reinvestment or full or partial redemption.

    If you don't provide any online instructions, your investment will automatically redeem and the funds will be transferred into your Cash Management Account (CMA).

    Please note, if you choose to reinvest in the same or another financial institution, your instruction will be classified as 'pending' until the rate is confirmed on the actual investment date as rates can change.

Your Cash Management Account

In order for AMM to send funds to your chosen financial institution for a Term Deposit investment, they will need to be available in a Cash Management Account. Essentially your Cash Management Account (CMA) acts as a “hub account” and enables the easy flow of investment funds between financial institutions.

Your Cash Management Account and your investments are always in your name and every stage of each transaction is transparent. You can view the balance of your CMA and the investment transactions on your Dashboard when you log in.

Upon your instruction that you make on your AMM Account, we move the funds out of your CMA and directly to the chosen financial institution for your selected Term Deposit – all in your name.

Already have a CMA?

If you already have a CMA that you use for investment purposes, we will require the details of this account and an authorization for AMM to debit it when you choose your term deposits through your AMM Account. Your CMA will need to be held with one of our listed providers – to view our list, please click here.

If your existing CMA Account is not with one of our listed providers, we will require you to open a new CMA Account with a provider from our list.

Don't have a CMA?

When you complete your online AMM Account Application form, you can simply instruct AMM to open a CMA for you which will be held in your name. We currently offer Cash Management Accounts from the following range of financial institutions – the choice is yours:

Before making your choice of CMA provider, please review the PDS and Terms & Conditions which are available within our support section when you login.

Cash Management Account (CMA) - Features

To compare CMA's, click to view the table below or open the PDF to save or print.

Cash Management Account (CMA) - Funds Transfer Options

When completing your online AMM Account Application, you will be able to choose your preferred method of transferring funds to your chosen CMA. To compare the options that will enable your funds to move to and from your CMA, click to view the table below or open the PDF to save or print.

Trade all your term deposits from one place

Get started, register below