News

Following the RBA interest rate announcement the following changes to interest rates will apply. These changes are effective Tuesday 17 November.

Today we are proud to launch our new Defence Bank Foundation Credit Card. A value-for-money card that offers our members one of the lowest rates on the market and also supports our ADF Veterans through the Defence Community Dogs program.

Defence Bank has been selected to join the First Home Loan Deposit Scheme panel of lenders on the basis of a range of criteria including the competitiveness of our home loan offering, geographic reach and readiness to meet Scheme implementation timelines.

The Commonwealth Government has released the second stage of its economic plan to cushion the economic impact of the coronavirus and help build a bridge to recovery. This includes some temporary changes to our Defence Bank Super, Defence Bank Pension and our Defence Bank Super Assured Retirement Savings account (RSA).

As part of an industry wide response to the Coronavirus, effective 7 April Defence Bank will be temporarily increasing the PIN limit for contactless card payments from $100 to $200 to reduce the need to touch payment terminals when you are out shopping at retailers like Woolworths or Coles.