Defence Bank LimitedHome Loan Offset account
For whatever you need, for whatever’s ahead, the Home Loan Offset account is the way to manage your day-to-day banking while reducing the interest payable on your home loan.
At a glance
- Base rate
- 0.00%
Rates
The one rate Defence Bank Limited publishes for this account.
| Type | Applies to | Term | Band | Rate | Comparison | Conditions |
|---|---|---|---|---|---|---|
| Variable | - | - | - | 0.00% | - | paid every 1 mo; Home Loan Offset account |
Fees
21 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 happen19
- Bank@Post (withdrawals and deposits)
We don't charge a fee for Bank@Post (withdrawals and deposits)
No fee - Bank@Post™
For each cheque deposited through the Bank@Post system and subsequently dishonoured.
$21.72 - BPAY
We don't charge a fee for BPAY
No fee - Defence Bank ATM cash withdrawals or balance enquiries
We don't charge a fee for Defence Bank ATM cash withdrawals or balance enquiries
No fee - Dishonours (if insufficient funds)
We don't charge a fee for dishonours
No fee - Domestic ATM cash withdrawals or balance enquiries
Free withdrawals and balance enquires at Major Banks and ATMx, (all other ATMs may charge a direct charge)
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 - Emergency card replacement
When you request that we replace your Visa card while you are overseas.
No fee - Emergency cash
When you request emergency cash while overseas other than through an ATM. The maximum amount of emergency cash available is $1,000 (at our discretion).
No fee - Internal transfers between Defence Bank accounts
We don't charge a fee for Internal transfers between Defence Bank accounts
No fee - Overseas ATM cash withdrawals or balance enquiries fee
We don't charge a fee Overseas ATM Cash withdrawals or balance enquiries
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 - Replacement Visa card within Australia
We don't charge a fee for Replacement Visa card within Australia
No fee - 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 - Visa foreign currency conversion fee
The fee we charge when you make a payment or a deposit or obtain a cash advance overseas.
3.00% of transaction
Features
- Bank@Post
- No monthly fees.
- Choose to report your card as lost or stolen or block it temporarily.
- Round Ups
- PayTo
Eligibility and limits
- Manage your day-to-day banking to reduce the interest payable on your home loan.
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Published by Defence Bank under the Consumer Data Right, last changed by them on 16 Mar 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.