Defence Bank term deposits
Defence Bank has one term deposit that BankMate tracks, with 13 terms from 1 month to 2 years, interest paid at maturity.
Term deposit · 13 terms
Term Deposit
5.40%p.a. · 10 months
interest at maturity; from $1,000
3rd of 86 10-month deposits
Rates by term and how interest is paid
- At maturity4.60%
- Terms
- 1 month to 2 years
- Minimum deposit
- $1,000
- Maximum deposit
- $1,000,000
- 1 month
- 2.10% · #8 of 62 1-month deposits
- 2 months
- 2.10% · #14 of 68 2-month deposits
- 3 months
- 4.60% · #60 of 164 3-month deposits
- 4 months
- 5.10% · #5 of 88 4-month deposits
- 5 months
- 5.00% · #4 of 79 5-month deposits
- 6 months
- 5.00% · #76 of 180 6-month deposits
- 7 months
- 5.00% · #19 of 92 7-month deposits
- 8 months
- 5.00% · #5 of 81 8-month deposits
- 9 months
- 5.00% · #51 of 149 9-month deposits
- 10 months
- 5.40% · #3 of 86 10-month deposits
- 1 year
- 5.30% · #52 of 401 12-month deposits
- 2 years
- 5.35% · #10 of 255 24-month deposits
- Minimum deposit
- $1,000
- Maximum deposit
- $1,000,000
- Paid
- At maturity
- Compounding
- daily
- Before maturity
- The Term Deposit is intended to be held for the agreed term, until maturity. Despite this, you can access your Term Deposit amount before maturity. A pre-payment adjustment and a fee will apply. The extent of the pre-payment adjustment will depend on the percentage of the original term elapsed when early access is given. … 0% to less than 20% 90% … 80% to less than 100% 20% (adjustment to be applied as a % of your interest rate).
- Read from
- Defence Bank's own site, 28 October 2026
October 20261 change
- 15Thu
- 10 terms up 0.05 to 0.2515 days after the RBA rise to 4.60%+0.05 to +0.25
3-month, paid at maturity 4.35 4.60 +0.25 5-month, paid at maturity 4.75 5.00 +0.25 6-month, paid at maturity 4.75 5.00 +0.25 7-month, paid at maturity 4.75 5.00 +0.25 8-month, paid at maturity 4.75 5.00 +0.25 9-month, paid at maturity 4.75 5.00 +0.25 10-month, paid at maturity 5.35 5.40 +0.05 11-month, paid at maturity 4.75 5.00 +0.25 12-month, paid at maturity 5.20 5.30 +0.10 24-month, paid at maturity 5.25 5.35 +0.10
August 20261 change
- 26Wed
- 10-month, paid at maturity: 5.55 → 5.35−0.20
July 20261 change
- 8Wed
- 9 terms moved in both directions−0.30 to +0.25
3-month, paid at maturity 4.10 4.35 +0.25 5-month, paid at maturity 4.50 4.75 +0.25 6-month, paid at maturity 4.50 4.75 +0.25 7-month, paid at maturity 4.50 4.75 +0.25 8-month, paid at maturity 4.50 4.75 +0.25 9-month, paid at maturity 4.50 4.75 +0.25 11-month, paid at maturity 4.50 4.75 +0.25 12-month, paid at maturity 4.95 5.20 +0.25 24-month, paid at maturity 5.55 5.25 −0.30
May 20261 change
- 20Wed
- 13 terms up 0.25 to 0.5514 days after the RBA rise to 4.35%+0.25 to +0.55
1-month, paid at maturity 1.85 2.10 +0.25 2-month, paid at maturity 1.85 2.10 +0.25 3-month, paid at maturity 3.85 4.10 +0.25 4-month, paid at maturity 4.85 5.10 +0.25 5-month, paid at maturity 4.25 4.50 +0.25 6-month, paid at maturity 4.25 4.50 +0.25 7-month, paid at maturity 4.25 4.50 +0.25 8-month, paid at maturity 4.25 4.50 +0.25 9-month, paid at maturity 4.25 4.50 +0.25 10-month, paid at maturity 5.00 5.55 +0.55 11-month, paid at maturity 4.25 4.50 +0.25 12-month, paid at maturity 4.70 4.95 +0.25 24-month, paid at maturity 5.00 5.55 +0.55
Fixed Term Deposits start from as little as $1,000, and you can choose a range of terms that works for you between 30 days and 24 months.
Notes on Defence Bank term deposits
to leave a note.
As of 1 November 2026, Defence Bank has one term deposit product tracked by BankMate, over 13 terms from 1 month to 2 years. Its highest rate is 5.40% p.a. on the Term Deposit for 10 months, 3rd of 86 10-month deposits — a term deposit rate means nothing without its term, so each deposit is ranked only against others of the same term. Its rates last changed on 15 October 2026. From the provider's Consumer Data Right feed, refreshed nightly.