An introductory bonus rate on new accounts for the first six months up to $250,000.
Product data
The lender's Consumer Data Right data, as collected by Homepedia. Nothing in this part comes from a channel.Rates
| Rate | Applies to | Conditions | Source | Since |
|---|---|---|---|---|
| 5.25% | Bonus | Bonus rate, paid in months you meet the lender's conditions; the lender doesn't say whether it is added to the base rate Not compared in rate tables | CDR | 1 Nov 2026 |
| 0.50% | Variable | Bonus conditions are described in the lender's own words; see the lender's page | CDR | 1 Nov 2026 |
Report an error
Anyone can report a value that looks wrong. The row is marked as disputed and keeps its value; when the lender's Consumer Data Right data next changes we check it and remove the mark.
Source
CDR officialConsumer Data Right product dataShow where this comes from
- Fetched
- 1 Nov 2026
- URL
https://product.defencebank.com.au/cds-au/v1/banking/products/117- Content hash
sha256 b89fa2d925a71b7a0624bb32df9c2af2eef802e81eb3e00ad423cd25d3827a54- Rule version
mapper@0.1.2
Consumer Data Right product dataev_cdr_b89fa2d925a71b7a_5611a120Show details
- Checked
- 1 Nov 2026
- URL
https://product.defencebank.com.au/cds-au/v1/banking/products/117- Content hash
sha256 b89fa2d925a71b7a0624bb32df9c2af2eef802e81eb3e00ad423cd25d3827a54- Excerpt
- —
- Rule version
mapper@0.1.2
Page and PDF snapshots are kept by Homepedia; the hash above identifies the exact version we read. Data as at 1 Nov 2026.
Fees
| Fee | Type | Amount |
|---|---|---|
| BPAY | Event | $0.00 |
| Pay anyone using a BSB and account or PayID | Event | $0.00 |
| Same day transfers (via Swift/RTGS) - Inward | Event | $6.80 |
| Same day transfers (via Swift/RTGS) - Outward | Event | $11.80 |
| Record search fee | Event | $50.00 |
| Dormant fee | Event | $20.00 |
| Ultimate Package annual fee | Periodic | $96.00 |
| Dishonours (if insufficient funds) | Event | $0.00 |
| EFTPOS transactions | Event | $0.00 |
| PayTo | Event | $0.00 |
| Internal transfers between Defence Bank accounts | Event | $0.00 |
| Monthly account-keeping fee | Periodic | $0.00 |
Features and eligibility
| Item | Value | Details |
|---|---|---|
| Bonus rewards | High 6 month introductory bonus interest rate on new accounts. | |
| Free txns | No monthly account-keeping fees. | |
| Digital banking | Access via our award-winning banking app, Online Banking and telephone banking only. | |
| Bill payment | B Pay | |
| Npp enabled | Faster, Simper ways to make payments | |
| Npp payid | ||
| Eligibility: other | One iSaver per member, including Joint accounts. New accounts do not include funds previously invested with Defence Bank. | |
| Limit: max balance | 250000.00 |
Rate history
| Rate | From | To | Rate p.a. |
|---|---|---|---|
| Variable | 1 Nov 2026 | Current | 0.50% |
| Bonus | 1 Nov 2026 | Current | 5.25% |
Tags
| Tag | Meaning | Effect |
|---|---|---|
pricing:bonus-unstated | Bonus conditions in the lender's own words | A total rate can't be worked out, so the product is display only |
bonus-conditions-free-text | Reason this product is not ranked | |
bonus-base-relationship-unstated | Reason this product is not ranked | |
Registered channels
Lender staff and brokers registered with Homepedia, and the prices available through them. Separate from the product data above: it never changes the lender's rates or the order of any rate table.People registered for this product
No one is registered for this product yet. Lender staff and brokers can join through verification.