Our Salute savings account rewards Australian Defence Force members who have been deployed, have reached 15 and 25 years of service or have transitioned with bonus interest for 12 months.
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 |
|---|---|---|---|---|
| 5.75% | Bonus | Bonus rate is the total rate, paid in months you meet the lender's conditions Not compared in rate tables | CDR | 1 Nov 2026 |
| 4.00% | Variable | CDR | 1 Nov 2026 |
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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/119- Content hash
sha256 af06b8c811a99f645b9f285801bc834bdc15ef4c18fe00ff83216c33ac8fc608- Rule version
mapper@0.1.2
Consumer Data Right product dataev_cdr_af06b8c811a99f64_557bea64Show details
- Checked
- 1 Nov 2026
- URL
https://product.defencebank.com.au/cds-au/v1/banking/products/119- Content hash
sha256 af06b8c811a99f645b9f285801bc834bdc15ef4c18fe00ff83216c33ac8fc608- 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 |
| 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 |
| Pay anyone using a BSB and account or PayID | Event | $0.00 |
Features and eligibility
| Item | Value | Details |
|---|---|---|
| Digital banking | Access via our award-winning banking app. | |
| Npp enabled | Faster, Simper ways to make payments | |
| Other | A new digital way to pre-authorise payments directly from your bank account. | PayTo |
| Bonus rewards | A high bonus interest for 12 months | |
| Other | Rewards deployment | Rewards your service milestones |
| Unlimited txns | ||
| Bill payment | BPay | |
| Npp payid | Faster, Simper ways to make payments | |
| Eligibility: other | Available to ADF members who are within 12 Months either side of milestones. | |
| Eligibility: other | Product available only for members who meet a recognised ADF milestone. | |
| Eligibility: other | $1500 per month into your Everyday Access account. | |
| Eligibility: employment status | Our Salute account rewards those who have been deployed, have reached 15 and 25 years of service or have transitioned out with bonus interest for 12 months. |
Rate history
| Rate | From | To | Rate p.a. |
|---|---|---|---|
| Bonus | 1 Nov 2026 | Current | 5.75% |
| Variable | 1 Nov 2026 | Current | 4.00% |
Tags
| Tag | Meaning | Effect |
|---|---|---|
pricing:bonus-total | Bonus rate is the total rate | Bonus shown as the total rate |
bonus-conditions-free-text | Reason this product is not ranked | |
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