The Australian Military Bank specialises in providing banking services and credit cards to Australian armed service members and employees, but anyone can buy a share to become a member of the mutual bank and then apply for a credit card.
It’s a mutual bank, owned by members and run for their benefit in the same way as a credit union. It has been in existence since 1959 (under various names) and now has over 50,000 members and more than $1.3 billion in funds under management.
Yes. Although it’s a bank specialising in providing financial services to the defence community, anyone can become a member and have a bank account or credit card.
Yes, it has 30 branches but most are located in or near military bases, such as Holsworthy Barracks in New South Wales and HMAS Cerberus in Victoria.
There is a branch at the bank’s head office at 45 Clarence Street, Sydney.
And you can manage your accounts, including your credit card, via online banking and a mobile app.