Defence Bank Limited
Business Term Deposit 2 mths
Fixed Term Deposits start from as little as $2,000, and you can choose terms that works for your Business/Trust/SMSF between 30 days and 24 months
Term depositsBank updated 20 May 2026
At a glance
- Best rate
- 2.10% for 2m
- Min deposit
- $2,000
§ 01 — Rates · 1
| Type | Applies to | Term | Band | Rate | Comparison | Conditions |
|---|---|---|---|---|---|---|
| FixedWhere terms exceed 12 months, interest is capitalised annually. Interest payable in respect of the last 12 months or part thereof is added to the balance at maturity. | — | 2 mo | — | 2.10% | — | paid at maturity; paid every 2 mo |
§ 02 — Fees · 1
| Fee | Type | Amount | When | Notes |
|---|---|---|---|---|
| Early Withdrawal Penalty | Exit | $30 | — | Early withdrawal may incurr a partial loss of interest accrued depending on the Term remaining at the time of ealry withdrawal. |
§ 03 — Features
Digital banking
- · Fixed rate for the life of the Term.
§ 04 — Eligibility & limits
- · Available to businesses
- · Minimum balance $2,000
- · Available on request
§ 06 — Run the numbers
Put this product through a calculator
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.