Ice cream truck serving customers at the beach.

Our savings accounts come in many flavours.

Ice cream truck serving customers at the beach.

We have many ways for you to save and invest, and your decision is made easy with specific accounts designed just for you. From having immediate access to your money to investing for a longer term, you can count on us to have your favourite.


With its high bonus rate on new accounts for the first six months up to $250,000, our iSaver offers the highest savings rate at Defence Bank. No matter what you’re saving for, the iSaver makes your money work harder for you.

Bonus fixed rate for 6 months up to $250,000. 0.80 %p.a.
Standard rate. 0.05 %p.a.
Max eSaver.

Reach your savings goals in less time than you think. Our Max eSaver is a straightforward, fuss-free savings option that simply does what it says: maximises your savings in an easy online account.

Bonus rate. 0.70 %p.a.
Standard rate. 0.01 %p.a. *
Pension Saver.

Our dedicated Pension Saver account is ready to go for whatever’s ahead in your retirement.

$0.00 to $50,200.00. 0.05 %p.a.
$50,200.01 plus. 0.75 %p.a.
Salute account.

Our Salute account rewards those who have been deployed, have reached 15 and 25 years of service or have transitioned with bonus interest for 12 months.*

Bonus rate (first 12 months). 2.25 %p.a.
Base rate. 0.75 %p.a. ^
Cadet Saver.

Created especially for cadets aged 12 to 17 years, our Cadet Saver account will have you and your savings looking good.

Annual rate. 1.00 %p.a.
Teen Saver.

Teen Saver is a great option for those aged 12-17 years with growing financial independence in mind.

Interest rate. 1.00 %p.a.
Kids Club account.

It’s never too early to help get them on their way. The Defence Bank Kids Club account is the way to go for those aged 0-11 years.

Interest rate. 1.00 %p.a.

Product available only for members who meet an ADF milestone listed in our Defence Bank Product
and Services - Condition of Use. The base rate applies for any amount after 12 months. The base rate also applies for any amounts above $100,000 during the first 12 months.

Let's talk.

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