7.5 / 10

based on 262 reviews as rated by Mozo community

Defence Bank credit cards

Although Defence Bank was originally set up to provide for the banking needs of the Australian Defence Force and their families, these days anyone can bank with Defence Bank - though - it’s still member-owned. Check out some of their rewarding credit card offers in the tables below.

What credit cards do Defence Bank offer?

Rates and fees verified as correct at 29 November, 2020. Other information correct at the time of writing. Advertiser disclosure.

Low rate credit cards

Pay off purchases with ease by flashing your low rate Defence Bank credit card. This is a cost-effective option for those who simply want to spend on the things they love. But the low rates and annual fee have a flip side - don’t expect freebies or rewards from this no-frills credit card option.

Product Purchase rate Balance transfer rate Annual fees Interest free days on purchases  

3.99% p.a. for 6 months then 8.99% p.a.

3.99% p.a. for 6 months and then 8.99% p.a.

$45

55

Go to site

Low fee credit cards

Make high annual fees a thing of the past with this budget beating low fee credit card from Defence Bank! This is a no-frills option for the frugal spender.

Product Purchase rate Balance transfer rate Annual fees Interest free days on purchases  

3.99% p.a. for 6 months then 8.99% p.a.

3.99% p.a. for 6 months and then 8.99% p.a.

$45

55

Go to site

**Saving based on the average difference in fees and charges over 3 years between the most competitive product Mozo can refer a consumer to and the average credit card product input by 6,863 consumers (average balance of $4,262 or balance transfer balance of $5,818, interest rate of 19.6% and annual fee of $36.50) who used the Mozo Credit Card Health Check tool between 1 January 2012 to July 2012.

Frequently Asked Questions about Defence Bank credit cards

What is the interest free period on my Defence Bank credit card?

When you use your Defence Bank credit card to pay for your purchases, you’ll have 55 interest free days to pay that balance off before the interest rate will even touch you! Just remember that if you fall behind on your monthly payments, you will usually forfeit your interest free days for the next month. So make sure you’re paying off your credit card bills as soon as they come!

What fees might I be charged?

Your Defence Bank credit card comes with an annual fee, plus fees on cash advances, foreign currency conversions or transfers to other accounts. If you want to add an extra cardholder to the account, you’ll also pay a fee for the extra card.

What’s the minimum repayment amount I must make?

The minimum repayment you must make each month will be either $10 or 3% of your credit card balance, whichever is the higher amount. Keep in mind that this is only a minimum - by paying more, or ideally by paying off your entire credit card balance each time, you can avoid paying interest and keep costs low.

What rewards will I earn with my Defence Bank credit card?

Generally speaking, none. This card is a no-frills option designed to help you buy what you want without paying way too much to do it. That means there’s no rewards program or perks - except the convenience of shopping when and how you want.

If you’re after a card with some rewards power oomph, check out these cracking rewards card deals.

Can I use my Defence Bank credit card for a balance transfer?

Yes you can, although you won’t get a zero interest period like you do with some other balance transfer options. You’ll get a relatively short period of very low interest, and then any balance still owing will start to attract interest at the regular rate. Which is not super high anyway - but any interest is more than you’d really like to be paying.

As far as balance transfers go, the Defence Bank credit card might be a good option if you don’t think you’ll pay off your balance within the regular balance transfer period - that way, when you start paying interest again, you’ll only get hit with a low rate, rather than the much higher cash rate any cards revert to.

Can I use my Defence Bank credit card while I’m travelling overseas?

Yes you can, because the Defence Force credit card is a VISA card. That means you can use it all over the world, wherever VISA is accepted - and we’ve all seen the ads, that’s pretty much anywhere.

Can I use my Defence Bank credit card to make contactless payments?

Yep. Another good thing about your Defence Bank card working on the VISA network? It means you can use your card to make payWave payments on purchases under $100. Check out our guide for more info on how to make contactless payments with payWave.

What can I do to avoid credit card fraud

Although Defence Bank are vigilant in doing their part to monitor transactions and keep your credit card secure, you can do your part by taking a few simple steps toward secure credit card use. You can take measures like:

Don’t leave your credit card details unsecured - don’t write them down anywhere someone is likely to see them.

In fact, it’s better not to write them down at all if you can help it. If you do have to write down your PIN to remember it, don’t keep it with your card.

Review your credit card statements for unusual or suspicious activity. If you notice any, report it to Defence Bank straight away.

How are Defence Bank credit cards rated?

Mozo users have rated Defence Bank credit cards on price, features, convenience, trust and customer service so you can see what real Aussies have to say about their experiences.

Icon of credit-cards
Defence Bank credit cards
Overall
7.3/10
Price
Features
Customer service
Convenience
Trust

27 Reviews

Recent Defence Bank credit card reviews

Defence Bank True Blue Credit Card review
Overall 9/10
Competitive rates with defence expertise.

Excellent attentive service with flexibility during times of hardship. Just a phone call away if advice is needed.

Read full review

Excellent attentive service with flexibility during times of hardship. Just a phone call away if advice is needed.

Price
9/10
Features
5/10
Customer service
10/10
Convenience
8/10
Trust
10/10
Less
Debra, New South Wales reviewed 12 months ago
Defence Bank Credit Card review
Overall 4/10
High fees.

The fees are very high but the customer service is better than most providers.

Read full review

The fees are very high but the customer service is better than most providers.

Price
1/10
Features
1/10
Customer service
4/10
Convenience
2/10
Trust
5/10
Less
Lucas, South Australia reviewed about 5 years ago
Defence Bank Credit Card review
Overall 10/10
Great customer service

Defence Bank is a customer focussed entity that strives to and achieves customer satisfaction in all aspects of service and products.

Read full review

Defence Bank is a customer focussed entity that strives to and achieves customer satisfaction in all aspects of service and products.

Price
8/10
Features
8/10
Customer service
10/10
Convenience
7/10
Trust
10/10
Less
Laura, Victoria reviewed over 5 years ago
Defence Bank Credit Card review
Overall 3/10
Available at the time.

I joined because it was the only option at the time. I have been disappointed with how they haven't looked after me at all.

Read full review

I joined because it was the only option at the time. I have been disappointed with how they haven't looked after me at all.

Price
5/10
Features
3/10
Customer service
3/10
Convenience
1/10
Trust
4/10
Less
Bernie, Queensland reviewed almost 6 years ago
Defence Bank Credit Card review
Overall 0/10
Do not recommend

Closing too many branches.

Read full review

Closing too many branches.

Price
5/10
Features
5/10
Customer service
2/10
Convenience
0/10
Trust
2/10
Less
Justin, South Australia reviewed almost 6 years ago

What do you need to apply for a Defence Bank credit card?

You don’t have to be part of the Defence Force, nor do you have to be a member of Defence Bank.

Each application is considered on a case-by-case basis, so you’ll usually have to speak to a representative of Defence Bank either in a branch or over the phone. Generally speaking, to be eligible for a credit card, you’ll need to be:

  • 18 years or over
  • Someone with a good credit history
  • A permanent resident or citizen of Australia

For more on applying for a credit card, check out our handy guide.

Credit card quick links