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Savings · Side by side

Defence Bank Max E Saver vs Defence Bank Teen Saver

vs
These are open to different people: Defence Bank Max E Saver to anyone, Defence Bank Teen Saver only to 12 to 17 year olds.
Interest a year on $50,000, with the conditions met
$2,550
5.10% on this balance
$2,625
5.25% on this balance

Defence Bank Teen Saver pays $75 more a year on $50,000 than Defence Bank Max E Saver, but it's open only to 12 to 17 year olds.

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Where they differThe rate (5.10% against 5.25%), the conditions on the bonus and who can open it.

The same on bothNo cap on the top rate and no minimum balance.

Defence BankMax E Saver
Defence BankTeen Saver
Interest a year without meeting the conditions
on $50,000
$50
at the base rate
$2,625
No conditions to miss
+$2,575 · More without meeting the conditions
Total rate
base plus bonus
5.10%
5.25%
+0.15 · Higher total rate
Base rate
paid whatever you do
0.10%
5.25%
the whole rate
+5.15 · Higher base rate
Bonus rate
5.00%
with the conditions met
+5.00 · Higher bonus rate
None
one rate, nothing to do
What the bonus asks each month
  1. A deposit
  2. No withdrawals
Nothing
Who can open it
Anyone
12 to 17 year olds
Rank by total rate
53rd of 117
among accounts open to adults
32nd of 114
among accounts open to under-18s
Last rate change
23 Sep 2026
down 0.10
15 Oct 2026
up 0.25

Rates over time

Each account's total rate, a cell a week. A move shows as ▲ or ▼ in the week it happened.

Defence Bank Max E Saver
Go to siteMore about this account
Defence Bank Teen Saver
Go to siteMore about this account

As of 2 November 2026, Defence Bank Max E Saver pays 5.10% with its monthly conditions met, and Defence Bank Teen Saver pays 5.25% with nothing to do each month. On $50,000, that's $2,550 against $2,625 a year, $75 more from Defence Bank Teen Saver. Figures are the banks' published rates, worked out on the balance above. Each row says which figure is higher; it doesn't say which account suits you.

Compare all 151 accounts

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