- Defence Bank credit card and savings account wins awards in Money Magazine’s Best of the Best Awards
- Defence Bank Foundation Credit Card wins Best Value Credit Card – Customer Owned Banks
- Defence Bank Salute Savings account wins Best Value Savings Accounts – Customer-Owned Banks
- The Defence Bank Foundation card has an introductory rate of 3.99% for the first six months before reverting to 8.99%.
Our Defence Bank Foundation Credit Card and reward-for-service savings account Salute, have both won gold at the Money Magazine Best of the Best Awards.
Defence Bank won the Best Value Credit Card – Customer Owned Banks for the Defence Bank Foundation Visa Credit Card, and the Best Value Savings Accounts – Customer-Owned Banks for its reward-for-service savings account Salute.
Defence Bank Chief Executive Roberto Scenna said the awards showed Defence Banks commitment to providing value to our Australian Defence Force (ADF) members and their families especially in challenging times.
“Australians want value for money, so Defence Bank is honoured to be recognised for delivering with these awards.
“We are proud to provide a credit card with a low interest rate which hasn’t changed for four years; it has stayed the same.
“With half of the annual fee donated towards supporting veterans living with post-traumatic stress disorder, our card is not only a cost-of-living buster but is also doing good work supporting people in need in our community.
“We firmly believe that Australian households, which are under cost-of-living pressures, should avoid interest rates of 20% or more when they could be with a credit card like ours with a rate of single figures.
The Defence Bank Salute account was recognised for supporting serving ADF members and their families by offering a high-interest savings rate as a reward for ADF career milestones.
“We understand the need to make our ADF members’ money work harder and provide extra value for their savings.
“By offering a high interest on our reward-for-service Salute account, it is our way of saying thank you to our ADF members who live a life like no other.
“We are proud to receive these awards and will continue to deliver value to our community.”
