Defence Bank LimitedMax 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.
At a glance
- Up to
- 5.30%
- Base rate
- 0.10%
- Bonus rate
- 5.20%
How it compares
This account in ink, against the best that every other institution publishes for anyone to apply for. Each figure is counted the same way for all of them.
What a bonus account pays in a month its conditions aren't met. One dot per institution, at its highest base rate on a bonus savings account anyone can apply for; hover or tap a dot for its name.
| Rate | This account | Best anywhere | Typical institution | Where it sits |
|---|---|---|---|---|
| Bonus savings accountBase plus bonus, when every condition is met | 5.30% | 5.75%Defence Bank Limited's iSaver | 5.25%of 51 institutions | 20th highest of 51, level with 3 others |
| Bonus account, conditions missedWhat a bonus account pays in a month its conditions aren't met | 0.10% | 3.45%Heritage's Online Saver Account | 0.10%of 43 institutions | 17th highest of 43, level with 11 others |
Rates
Every rate Defence Bank Limited publishes for this account, 2 in all.
How the rate is made up
5.30%in a month every condition is met
| Type | Applies to | Term | Band | Rate | Comparison | Conditions |
|---|---|---|---|---|---|---|
| BonusInterest is calculated daily on the closing balance and credited on the last day of each month. | - | - | - | 5.20% | - | 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 |
Rate changes
One change logged, newest first.
| Date | Rate | Was | Now | Change |
|---|---|---|---|---|
| 15 Oct 2026 | Bonus | 5.10% | 5.20% | up 0.10 |
Each change is logged the night it appears in the rates Defence Bank publishes. See how every lender answered the RBA on the rate tracker.
Fees
12 fees published, grouped by when they're charged.
While you hold it2
- Monthly account-keeping fee
We don't charge a monthly account-keeping fee
No fee - Ultimate Package annual fee
Package related to a home loan Ultimate Package.
$96 a year
When particular things happen10
- BPAY
We don't charge a fee for BPAY
No fee - Dishonours (if insufficient funds)
We don't charge a fee for dishonours
No fee - Dormant fee
This fee may be charged in certain circumstances when your membership is redeemed by us due to non-activity of more than 12 months.
$20 - EFTPOS transactions
We don't charge a fee for EFTPOS transactions
No fee - Internal transfers between Defence Bank accounts
We don't charge a fee for Internal transfers between Defence Bank accounts
No fee - Pay anyone using a BSB and account or PayID
We don't charge a fee for Pay anyone using a BSB and account number or PAYID
No fee - PayTo
We don't charge a fee for PayTo
No fee - Record search fee
Charged where you request we search our records and retrieve documents.
$50 - Same day transfers (via Swift/RTGS) - Inward
Charged when funds transferred via Swift/RTGS (same day).
$6.80 - Same day transfers (via Swift/RTGS) - Outward
Charged when funds transferred via Swift/RTGS (same day).
$11.80
Features
- PayTo
Eligibility and limits
None published.
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Published by Defence Bank under the Consumer Data Right, last changed by them on 14 Oct 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.