Low-fee, fuss-free banking is at the core of what we do, offering everything you need with convenience and ease-of-use, without letting fees get in the way. There are some fees from third parties we can’t get rid of totally, but we certainly slash them back every chance we get.
BSB 833 205
BSB 833 205
Fees are like weeds - so we’ve cut them back.
Weed whacker trimming grass
Credit card.
With an annual fee of $45, our award-winning Defence Bank Foundation credit card provides one of the industry’s lowest rates on both purchases and cash advances, and an interest-free period of up to 55 days on purchases.
Everyday banking.
No one wants to pay to access their own money. That’s why on our Everyday Access account, you’ll enjoy unlimited transactions with no ongoing or account-keeping fees. Get access to your own cash for free too, with more than 7,000 fee-free ATMs around Australia, including Defence Bank ATMs and those of the other major banks.
Savings.
Keep more of your money in your pocket when it comes to saving, whether it’s for a home, a holiday or something set aside for a rainy day. Both the Max eSaver and the iSaver accounts provide a great savings rate and no monthly, transaction or account-keeping fees, so more of what’s yours stays yours.
Home loans.
We don’t charge application fees on our home loan options. Under our Ultimate Package, you can access a range of benefits for an annual fee of $96, including reduced or waived fees across credit card and personal loan products.
Superannuation.
For more security in retirement and fewer fees along the way, it’s hard to go past our dedicated Retirement Savings Account (RSA). Get the security of a term deposit with the tax advantages of retirement superannuation, while being certain of a positive return on your account. And all with zero joining, investment, administration, account keeping or monthly fees, or any commissions to financial planners.
Frequently asked questions
Defence Bank offers financial products and services to not only the Australian Defence Force, but the broader community as well. Defence Bank is one of Australia’s larger member-owned banks.
You can download the app through Google Play or Apple App Store. It's packed full of features and free to download and use.
You’ll first need to be issued a password, then log in for the first time using your member number and the temporary password that will be sent to you as a text.
Definitely. If you’re already a member, to open a new account (including new joint accounts) you can log into your app or online banking and follow the below instructions, or you can give us a call on 1800 033 139. If you’re not yet a member, you can join now and open accounts during the set up process.
App
- Login to your app.
- Under the main menu, select Manage Account and tap Joint Account.
- Select Open Joint Account and follow the prompts.
Online Banking
- Login to online banking.
- Under the main menu, select Products and tap Open Account following the prompts.
Find out how to join Defence Bank.