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Defence Bank · Term deposit · 1 term

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Term Deposit 8 month

The Defence Bank Term Deposit 8 month pays up to 4.75% p.a. as of 18 September 2026, over a 8-month term, 138th of 500 9-month deposits tracked by BankMate. Interest is paid annually. Its rates last changed on 8 July 2026.

4.75%p.a. · 8 months

interest annually; from $0

Early withdrawal is not allowed.

Go to Defence Bank

Rates over time

Best rate per term
  • 9 months
  • RBA cash rate
  • Market average · 12-month deposits
4.004.254.504.755.00MayJunJulAugToday4.75

Changes

2 changes since 9 Apr 2026
  1. Term Deposit 8 month · 8-month 4.50 → 4.75
    +0.25
  2. Term Deposit 8 month · 8-month 4.25 → 4.5014 days after the RBA rise to 4.35%
    +0.25

Rates by term

Ranked within each term
9 months
4.75% · #138 of 500 9-month deposits

Deposit

Minimum deposit
$0
Maximum deposit
No cap published

Interest

Paid
Annually
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 a range of terms that works for you between 30 days and 24 months.

Compare all term deposits