Phone plugged in to back up battery.

The backup you need when you need it.

13 .99 % p.a. Annual variable rate.
Phone plugged in to back up battery.

Easy access to funds.

Additional funds for emergencies.

Only pay interest on money used.

Apply online.

A helping hand when you might need it most. If your bank balance dips a little low, a Defence Bank overdraft facility offers the safety net of additional funds at short notice for unexpected emergencies.

An overdraft can also help if you're juggling multiple direct debits to ensure everything is covered until your salary arrives.

Linked to your Everyday Access account, you can simply draw money as you need it, up to an agreed limit, only paying interest on the money you use – perfect for covering short-term financial demands.

Access your overdraft using your Debit Card, Online Banking, Mobile App or digital wallet.

Overdraft. Annual variable rate.†
Overdraft. 13.99% p.a.
Loan variation fee. $50
Overlimit fee. $10
- Each time your account exceeds its credit limit by more than $50.00 without authorisation.  
- Daily for subsequent debit transaction/s where your credit limit is already exceeded by more than $50.00.  
Arrears reminder notice fee (per letter). $20
Default notice (enforcement notice). $20



Comparison rate is based on a $30,000 loan over a 5 year term. Fees and charges are payable. Terms and conditions are available on request. WARNING: This comparison rate is true only for examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate. Comparison rate applies to both secured and unsecured loans.

Fees and charges are payable. Terms and conditions available on request.

Terms and conditions, fees and charges apply and are available upon request.

Approval subject to Defence Bank's lending criteria.

Rates apply to new applications received however are subject to change at anytime.

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

All products except foreign currency and insurance are issued by Defence Bank. Defence Bank recommends you read the Defence Bank Products and Services - Conditions of Use for any product you choose to take. Any advice contained on this website is general advice only.

Next steps...

Not a member? Join Defence Bank now.
See how our loan fits into your budget.
Any questions? Speak to our experienced, helpful staff.
Our secure application process is entirely online.

Frequently asked questions.

You can buy a new or used car or motorcycle up to, and including, 5 years old with a car loan. If you would like to purchase an older car, contact us as you may do so with a personal loan

The maximum loan amount is dependent on a number of factors, including a borrower’s ability to service (pay) the loan. Call us on 1800 033 139 to discuss your needs.

Congratulations, please contact us (up to a week) prior to paying off your loan to obtain the final payout figure. Once the funds are available in your account we’ll process the final payment for you.

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