The Finance Algorithm
Defence Bank Limited

Max E Saver

Max eSaver is a straightforward, fuss-free bonus savings option that simply does what it says: maximises your savings in an easy online account.

Savings & transaction accountsBank updated 20 May 2026
At a glance
Base rate
0.10%
Bonus rate
5.10%
Up to
5.20%
§ 01 — Rates · 2
TypeApplies toTermBandRateComparisonConditions
BonusInterest is calculated daily on the closing balance and credited on the last day of each month.5.10%paid every 1 mo; If a deposit is made during the month with no withdrawals, the bonus rate applies to the balance for that month.
VariableInterest is calculated daily on the closing balance and credited on the last day of each month.0.10%paid every 1 mo
§ 02 — Fees · 12
FeeTypeAmountWhenNotes
BPAYEventNo feeWe don't charge a fee for BPAY
Dishonours (if insufficient funds)EventNo feeWe don't charge a fee for dishonours
Dormant feeEvent$20This fee may be charged in certain circumstances when your membership is redeemed by us due to non-activity of more than 12 months.
EFTPOS transactionsEventNo feeWe don't charge a fee for EFTPOS transactions
Internal transfers between Defence Bank accountsEventNo feeWe don't charge a fee for Internal transfers between Defence Bank accounts
Pay anyone using a BSB and account or PayIDEventNo feeWe don't charge a fee for Pay anyone using a BSB and account number or PAYID
PayToEventNo feeWe don't charge a fee for PayTo
Record search feeEvent$50Charged where you request we search our records and retrieve documents.
Same day transfers (via Swift/RTGS) - InwardEvent$6.80Charged when funds transferred via Swift/RTGS (same day).
Same day transfers (via Swift/RTGS) - OutwardEvent$11.80Charged when funds transferred via Swift/RTGS (same day).
Monthly account-keeping feePeriodicNo feeWe don't charge a monthly account-keeping fee
Ultimate Package annual feePeriodic$96Every 1 yrPackage related to a home loan Ultimate Package.
§ 03 — Features
Instant paymentsPayIDDigital banking
  • · PayTo
§ 04 — Eligibility & limits

    Published by Defence Bank under the Consumer Data Right, last changed by them on 20 May 2026. Figures are shown as the institution publishes them and can change without notice; confirm on their site before applying. The Finance Algorithm earns nothing from any product listed here.