iSaver. |
Bonus rate (applies to new accounts for six months up to a balance of $250,000.00) .
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Standard rate (amounts over $250,000 and the rate after 6 months).
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Interest rates. |
1.00% p.a. |
0.05% p.a.
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This fees and charges schedule is an important document and provides you with information about the fees and charges for domestic and overseas transactions applicable to the accounts and facilities we offer.
We have two fees and charges schedules, one for domestic transactions and the other for international transactions. This fee schedule sets out our fees and charges for transactions that you make overseas or involve transferring funds into or sending funds out of Australia.
We encourage you to read both schedules. You can obtain copies for both of these fee schedules via defencebank.com.au, by visiting your local branch or calling 1800 033 139. This document should be read in conjunction with the Defence Bank Products and Services – Conditions of Use (DPS).
We also publish a brochure - ‘Tips on Reducing your Banking Fees with Defence Bank’, which can be obtained via defencebank.com.au, by visiting your local branch or calling 1800 033 139.
Domestic transactions.
Fees. |
Fee description. |
Fee amount. |
Statement fees. |
Where you request monthly statements). |
$2 |
Cheque/direct debit honour /dishonour fee. |
Charged when:
- We decide to honour your personal cheque for payment where there are insufficient funds in your account or the credit limit will be/has been exceeded.
- We dishonour payment of your personal cheque due to insufficient funds, payment stopped or the cheque is incorrectly completed (e.g. no signature).
- We decline a direct debit request due to insufficient funds.
- We decide to honour a direct debit request where there are insufficient funds in your account or the credit limit will be/has been exceeded.
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$25 |
Auto transfer/BPAY dishonour fee. |
Charged where there are insufficient funds in your account when the Auto Transfer or BPAY payment is due to be made. |
$10 |
Overdrawn/over limit fees. |
Charged:
- Each time your account is overdrawn or your credit limit is exceeded without authorisation, by more than $50.00.
- On each subsequent debit transaction while your account is overdrawn or your credit limit has been exceeded, by more than $50.00.
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$10 |
Dormant fee. |
This fee may be charged in certain circumstances when your membership is redeemed by us due to non-activity of more than 12 months. The maximum annual fee that applies is: |
$20 |
Same day domestic transfers (via Swift/RTGS). |
Charged when funds transferred domestically via Swift/RTGS (same day). |
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Outward bound. |
$11.80 |
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Inward bound. |
$6.80 |
Ultimate Package fees (for Banking Package holders). |
Package fee. |
$380 per annum. |
Overseas transactions.
Fee name. |
Fee description. |
Fee amount. |
Visa foreign currency conversion fee. |
The fee we charge when you make a payment or a deposit or obtain a cash advance overseas. |
3% (percentage of transaction value). |
Outbound foreign currency international telegraphic transfer. |
The fee we charge when you request we make a foreign currency telegraphic transfer to an overseas destination. |
$30 when requested at a branch.
$20 when requested via online banking or the mobile app.
(Debited to your account overnight).
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