Ultimate Essentials I/O Fixed

As of 18 September 2026, the Defence Bank Ultimate Essentials I/O Fixed's 5-year fixed investor interest-only variant has a comparison rate of 6.98% (6.85% advertised), ranking 22nd of 42 5-year fixed investor interest-only loans. The product comes in 5 variants; the others are investor, interest-only and other fixed terms.

6.98%comparison rate p.a.

6.85% advertised · 5yr Fixed · Interest Only · Investor

4 other variants: investor, interest-only and other fixed terms below.

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Rate over time

Comparison rate · 5yr Fixed · Interest Only · Investor

Ultimate Essentials I/O Fixed · 5yr Fixed · Interest Only · Investor
RBA cash rate

Changes

No changes recorded for this product since tracking began on 12 September 2026.

Rates by variant

Comparison rate · advertised rate

1yr Fixed · Interest Only · Investor: 7.00% comparison · 6.69% advertised
2yr Fixed · Interest Only · Investor: 6.99% comparison · 6.79% advertised
3yr Fixed · Interest Only · Investor: 7.00% comparison · 6.85% advertised
4yr Fixed · Interest Only · Investor: 6.99% comparison · 6.85% advertised
5yr Fixed · Interest Only · Investor: 6.98% comparison · 6.85% advertised

Fees

Headline variant

Application fee: None
Ongoing fee: $8 a month
Discharge fee: None
Package annual fee: $96 a year

Features

Headline variant

Offset account: No
Redraw: No
Extra repayments: Yes
Portable: No
Repayment holiday: No

About this product

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