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Sun, sand, surf, security.

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No joining and ongoing fees.

No administration fees or commissions to financial planners.

No monthly or account-keeping fees.

The security of a term deposit.

Available to all Australians, the Defence Bank Retirement Savings account (RSA) is an online superannuation solution for managing your retirement benefits through every stage of your life.

Get the security of a term deposit with the tax advantages of retirement superannuation, or you can draw from your tax-free allocated retirement pension with your Defence Bank RSA, while being certain of a positive return on your account.

It is the safe and certain tax-effective superannuation alternative for those looking for secure retirement investment options.

From 1 September 2021, a minimum of $10,000.00 is required to open an RSA account.

Key features.

  • The security of a term deposit with the tax advantages of retirement superannuation.
  • Draw from a tax-free allocated retirement pension with the security of term deposit returns.
  • No entry or administration fees.
  • No ongoing fees.
  • Choice of a fixed-rate term deposit or variable rates of return.
  • Capital assurance guarantee means no negative returns.
  • Rollover options from other super accounts.
  • View your account online and via the award-winning Defence Bank app.

Forms.

Before acquiring the Defence Bank Super Assured RSA we recommend you read the Product Disclosure Statement (PDS) for this product and our Interest Rate Schedule. All documents are located here.

Any advice contained on this website is general advice only and does not take into account your needs, objectives or your financial situation.

Defence Bank’s Target Market Determination can be viewed here.

View PDS.
* Required information

Request a new RSA term deposit.†

The law requires us to give you information about how we use any personal information we collect from you. Please read our Privacy Policy.

Before acquiring a term deposit we recommend you read the Defence Bank Super Assured RSA Product Disclosure Statement. Current rates can be seen below under the heading rates.

RSA pension. Interest rate.
$0-10,000 0.05% p.a.
$10,000 plus. 0.10% p.a.
RSA variable. Interest rate.
$0-10,000 0.05% p.a.
$10,000 plus. 0.10% p.a.
RSA term deposit. Interest rate.
6 months. 0.60% p.a.
12 months. 0.90% p.a.
24 months. 2.00% p.a.

Term Deposits.

Gross rate of interest before deduction of government earnings tax.

Where terms exceed 12 months, interest will be paid into your RSA Variable account on the anniversary of the funding date. Interest payable in respect of the last 12 months or part thereof is added to the balance at maturity.

RSA Variable.

Account balances earn interest according to the applicable tiered interest rate on the entire account balance. Interest is calculated daily on the closing balance and credited annually on 30 June.

Gross rate of interest before deduction of government earnings tax.

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Frequently asked questions.

There are three ways to transfer your fund, they are:

  • Log in to your MyGov account, link your superannuation services (if not already) and request a rollover online from your other fund;
  • complete our Transfer Authority form, scan and send to us via email at investments@defencebank.com.au or mail to our PO box; or,
  • request a rollover via your current fund.

If you are making a personal contribution, please complete the Personal Contribution form.

Please ensure that each time you transfer into this account, you email a contribution form to us at the same time as you make the payment, that way we can identify the rightful owner, and how you wish us to treat your contribution(s).

IMPORTANT: Be sure to add your RSA holder number as reference so we can correctly identify your funds.

Account name: Defence Bank Super Assured
BSB: 833 205
Account number – Personal Contribution: 20795437
Reference: <your RSA holder number>
Email address: investments@defencebank.com.au

If you are making a spouse contribution please complete the Spouse Contribution form.

Please ensure that you email a contribution form to us at the same time as you make the payment, that way we can identify the rightful owner, and how you wish us to treat your contribution(s).

IMPORTANT: Be sure to add your RSA holder number as reference so we can correctly identify your funds.

Account Name: Defence Bank Super Assured
BSB: 833 205
Account Number – Spouse Contribution: 20795433
Reference: <your RSA holder number>>
Email Address: investments@defencebank.com.au

Your employer requires the following:

  • Superannuation’s USI (Unique Superannuation Identifier) 57087651385001;
  • ABN 57087651385; and,
  • your RSA holder number (many employers also ask for a Letter of Compliance).

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