Defence Bank — Rate History

See Defence Bank's term deposit rate history and current term options. As of July 2026, Defence Bank's strongest current rates are on longer-term deposits, with up to 5.25% p.a. on a 2yr term. Shorter terms currently reach 4.75% p.a. for 6mo. Compare all current term deposit rates to see how Defence Bank compares with other Australian banks today.

3mo term

Rate p.a.	Interest paid	Min deposit	Valid from	Valid to
4.35% Current	Quarterly	$1k	8 Jul 2026	—
4.10%	Quarterly	$1k	20 May 2026	8 Jul 2026

6mo term

Rate p.a.	Interest paid	Min deposit	Valid from	Valid to
4.75% Current	Semi-annually	$1k	8 Jul 2026	—
4.50%	Semi-annually	$1k	20 May 2026	8 Jul 2026

1yr term

Rate p.a.	Interest paid	Min deposit	Valid from	Valid to
5.20% Current	Annually	$1k	8 Jul 2026	—
4.95%	Annually	$1k	20 May 2026	8 Jul 2026

2yr term

Rate p.a.	Interest paid	Min deposit	Valid from	Valid to
5.25% Current	Annually	$1k	8 Jul 2026	—
5.55%	Annually	$1k	20 May 2026	8 Jul 2026