Defence Bank

Term Deposit

Looking for a short or long term investment? Defence Bank term deposits can secure your savings at competitive interest rates with investments starting from as low as $1000. You’ll have the option of flexible terms anywhere from 3 months to 12 months.

Compare term deposit rates by using our term deposits comparison tools.

All rates are based on a balance of $50000 for a term of 3 months.
Company Defence Bank
Nominal Rate 2.50%
Effective Rate 2.52%
Payment Frequency At Maturity
Partial Withdrawal Penalty N/A
Compounding Interest No

Product Features

Can the institution send an email to you on maturity?
Can the institution call you on maturity?
Whether your term deposit account will automatically roll over to a new account with the same term once it reaches maturity if you do not instruct otherwise
Whether the interest dividend can be paid into an account held with another financial instituion

These term deposits are ranked by nominal interest rate on a balance of $50,000.

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