Your money comes to you when you call.
This is an at-call tiered savings and transaction account. To apply, you or the joint account holder must be 55 years of age and above.
Start the process to open Pension Saver over the phone.
If you're an existing Defence Bank member, welcome back! Talk to us about a Pension Saver account today.
New to the bank? In that case, we'll just need a few details and you'll be on your way.
Interest is calculated daily on the closing balance and credited on the last day of February, May, August and November each year. The first $50,200.00 earns interest at the lower interest rate regardless of account balance.
We may change our fees and charges and interest rates from time to time. For more details on our fees and charges, refer to the Fees and Charges Schedule. For more details on interest rates, refer to the relevant interest rate schedule.
We also publish a brochure - ‘Tips on Reducing your Banking Fees with Defence Bank’ - which can be obtained via defencebank.com.au, by visiting your local branch or calling 1800 033 139.
All products except foreign currency facilities and insurance are issued by Defence Bank. Before acquiring a product, Defence Bank recommends you read the relevant terms and conditions relevant to the product, All documents are located here.
Any advice contained on this website is general advice only and does not take into account your needs, objectives or your financial situation.
Defence Bank’s Target Market Determination can be viewed here.
