Defence Bank LimitedKids Club Savings
Defence Bank Kids Club savings account is the way to go for those aged 0-11 years.
At a glance
- Base rate
- 5.25%
Rates
The one rate Defence Bank Limited publishes for this account.
| Type | Applies to | Term | Band | Rate | Comparison | Conditions |
|---|---|---|---|---|---|---|
| VariableInterest is calculated daily on the closing balance and credited on 31 March each year. | - | - | - | 5.25% | - | paid every 1 yr |
Rate changes
One change logged, newest first.
| Date | Rate | Was | Now | Change |
|---|---|---|---|---|
| 15 Oct 2026 | Variable | 5.00% | 5.25% | up 0.25 |
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
- High interest
Eligibility and limits
- Maximum age 11
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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.