Choose from our term deposits below
BSB 833 205
BSB 833 205
Grow your savings with a Defence Bank term deposit
Lock in a competitive fixed interest rate for a term that suits you and enjoy the certainty of knowing exactly how much you’ll earn, making it ideal for short‑ or medium‑term saving goals.
Term deposit
Whether you’re in the Defence community or an ADF supporter in the broader community, combine a competitive rate with some patience for a maximum return.
For those who want...
- Fixed interest rate.
- A choice of terms and rates up to 24 months.
- $1,000 initial deposit.
5.55
%p.a.
10 month term.
Business term deposit
Whether you have a trust, a self-managed fund, or have an established business - for example councils and RSLs - secure your cash today.
For those who want...
- Fixed interest rate.
- A choice of terms and rates up to 24 months.
- $2,000 initial deposit.
5.10
%p.a.
4 month term.
Retirement Savings Account (RSA) Term Deposits
Get the security of a term deposit with the tax advantages of retirement superannuation You must be an RSA holder to have an RSA term deposit account. Enjoy fixed returns with terms of 6, 12 or 24 months.
For those who want...
- Fixed returns on retirement savings
- No joining and ongoing fees
- A low-risk option for their super savings
* We may change our fees and charges and interest rates from time to time. For more details on our fees and charges, refer to the Fees and Charges Schedule. For more details on interest rates, refer to the relevant interest rate schedule.
All products except foreign currency facilities and insurance are issued by Defence Bank. Before acquiring a product, Defence Bank recommends you read the relevant terms and conditions relevant to the product, 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.