AMP publishes its own debt recycling explainer and offers a Master Limit that holds several sub-accounts under one limit. Here is what AMP's website says, and what to check first.
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Often, yes. AMP publishes its own debt recycling explainer, and its home loans can be split into separate accounts for home and investment borrowing.
AMP's loan conditions (December 2025) say you may ask for your loan to be split into facilities at any time after settlement. For borrowers who plan to recycle in stages, AMP also offers a Master Limit. If you're new to the strategy, start with our debt recycling guide.
Debt Recycling Loans is not affiliated with AMP. AMP is one of 40+ lenders on our panel. Lender policy changes, so we confirm AMP's current policy before any application.
AMP's explainer describes debt recycling as a strategy that aims to help you pay off non-deductible debt. It calls it high-risk, because you are using borrowed money to invest.
AMP lists what you need before starting:
AMP also says interest on investment loans is typically tax deductible. The Australian Taxation Office (ATO) is more precise: only interest incurred for an income-producing purpose is deductible, and mixed-purpose borrowing must be apportioned.
AMP suggests financial advice to decide whether the strategy suits you. We arrange the lending, while your financial adviser recommends investments and your accountant advises on tax.
AMP's website describes the Master Limit as an overall lending limit for your borrowing needs now and in the future, which can give flexibility to restructure debts. AMP's loan conditions and forms set out these rules:
For recycling, limit freed up as you pay down the home sub-account can be moved to an investment sub-account within the approved total.
In our $402K Master Limit case study, a couple set up a $1,000,000 Master Limit with a $402,000 initial investment split, on their financial planner's advice. The structure cost $324 a year more than their existing loan.
AMP presents its Professional Package as its offset home loan. According to AMP's website (November 2026):
| Feature | What AMP's Website Says |
|---|---|
| Offset accounts | Up to 10, linked to eligible variable rate loans |
| Offset exclusions | Lines of credit, fixed rate loans and the AMP Essential home loan |
| Redraw | Professional Package variable loans and lines of credit, not fixed rate loans |
| Fees | $415 annual fee, $0 redraw fee |
| Interest-only | Available for up to 10 years |
The offset rules matter most. A line of credit can't carry an offset, so your savings need to sit against a variable home sub-account, where they reduce interest you can't claim.
We plan the full split structure around those rules before any funds move.
If you already have an AMP Professional Package loan, you may be able to add a Master Limit. AMP's website lists a $299 variation fee for adding one to an existing loan, subject to approval.
Without a Master Limit, you can still ask AMP to split your loan after settlement. Whether that is enough depends on how often you plan to recycle.
If you're with another lender, moving to AMP is a new application, and the lowest-cost loan may not have the features your plan needs. Our page on refinancing for debt recycling covers the costs to weigh.
We compare 40+ lenders, including AMP, so a Master Limit is weighed against simpler split structures elsewhere. We review your current loan, map the sub-accounts and confirm AMP's current Master Limit rules before anything is lodged.
Where your financial adviser has recommended the strategy, we work from their plan and keep your accountant informed of each split's purpose. You can see what working with Alex involves before booking a call.
AMP describes debt recycling as high-risk and suggests advice first. On the lending side, its Master Limit lets limit move between sub-accounts without a new assessment, as long as the total doesn't grow.
The rules around the primary line of credit, fixed sub-accounts and limit increases decide whether it suits your plan. We confirm AMP's current policy and costs, and weigh them against other lenders, before you commit.
Tell us about your current loan and plans, and we will show how an AMP structure compares with other lenders on our panel.
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AMP publishes a debt recycling explainer that calls it a high-risk strategy and suggests seeking financial advice. On the lending side, AMP home loans can be split, and AMP's website says the Master Limit gives flexibility to restructure debts.
It is an overall lending limit that can hold up to 10 sub-accounts. The primary sub-account must be a variable rate line of credit with a limit of at least $10,000.
Not within the approved limit, for Master Limits applied for since 21 June 2016. AMP's loan conditions say any change that increases the Master Limit needs a full credit assessment.
No. AMP says lines of credit and fixed rate loans can't be linked to an offset account. Offsets link to eligible variable rate loans, up to 10 per loan.
AMP's website says a Master Limit can be added to an existing loan for a $299 variation fee, subject to approval. It isn't available on Land Loans, the Basic Package or the AMP Essential home loan.
The Master Limit expires immediately unless another line of credit replaces it as the primary sub-account. Reinstating it needs a full loan application.
Master limit debt recycling explained: one approved limit split into sub-accounts, why it suits ongoing recycling, and what to check before applying.
Read more → GUIDEWhich lenders support debt recycling? Compare loan features, borrowing capacity, refinancing costs and why lenders decline, with worked lending scenarios.
Read more → GUIDEYour interest-only term is ending. What reverting to principal and interest does to your deductible balance and whether a lender will extend it.
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1. Arranged a loan when our small business situation made it difficult to qualify.
2. Met requirements to have funding available by a specified date.
3. Understood my needs to setup debt recycling to allow tax structuring.
4. Communicated well throughout.
I would use their services again.
Alex, Jess and the Kingfisher team were second to none and their process from start to finish was faultless. As a self-employed business owner, it can be difficult to obtain finance at the best of times. The Kingfisher team made this an easy and efficient proposition and their continued transparent and efficient communication ensured we were kept up to date at all times. Highly recommend them for your finance needs!
Alex and Jess dealt with our investment loan and provided a top tier service. They kept us up to date and communicated every step of the process making it a seamless and smooth experience! Awesome work team we will definitely be back for future loans!
Jess from Kingfisher was outstanding. I couldn't fault her communication, expertise or dedication to finding the best loan for our situation. The entire process was seamless from start to finish. We'll definitely be using Kingfisher again in the future. A top-tier organisation.
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Bring a rough picture of your home loan, income and savings. You will come away knowing whether the lending side looks workable.
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