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Defence Bank · Term deposit · 1 term

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Term Deposit 3 months

The Defence Bank Term Deposit 3 months pays up to 4.35% p.a. as of 18 September 2026, over a 3-month term, 164th of 369 3-month deposits tracked by BankMate. Interest is paid quarterly. Its rates last changed on 8 July 2026.

4.35%p.a. · 3 months

interest quarterly; from $0

Early withdrawal is not allowed.

Go to Defence Bank

Rates over time

Best rate per term
  • 3 months
  • RBA cash rate
  • Market average · 12-month deposits
3.754.004.254.504.75MayJunJulAugToday4.35

Changes

2 changes since 9 Apr 2026
  1. Term Deposit 3 months · 3-month 4.10 → 4.35
    +0.25
  2. Term Deposit 3 months · 3-month 3.85 → 4.1014 days after the RBA rise to 4.35%
    +0.25

Rates by term

Ranked within each term
3 months
4.35% · #164 of 369 3-month deposits

Deposit

Minimum deposit
$0
Maximum deposit
No cap published

Interest

Paid
Quarterly
Compounding
monthly

Early withdrawal

Before maturity
Not allowed

About this product

Fixed Term Deposits start from as little as $1,000, and you can choose terms that work for you - between 30 days and 24 months

Compare all term deposits