7.5 / 10

based on 261 reviews as rated by Mozo community

Defence Bank term deposits

Defence Bank was originally set up to provide financial products and services to members of the Defence force and their families. Now catering to the defence community and general public, Defence Bank offer services in savings and investment accounts, personal loans, home loans, credit cards, debit cards, term deposits and car insurance.

Defence Bank offers the following term deposits

Rates and fees verified as correct at 27 November, 2020. Other information correct at the time of writing. Advertiser disclosure.

Product Best rate (up to 1 year) Minimum deposit Interest paid to another bank?
Term Deposit

0.70% p.a.1 year

$1,000.00

yes

Different interest rates apply to different amounts or different interest payment frequencies.

Mozo may receive a payment from financial providers listed on the site. Customer reviews are in no way affected by any commercial relationships Mozo has with providers.

How are Defence Bank term deposits rated?

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

Icon of term-deposits
Defence Bank term deposits
Overall
9.7/10
Price
Features
Customer service
Convenience
Trust

3 Reviews

Recent Defence Bank term deposit reviews

Defence Bank Term Deposit review
Overall 10/10
good

Good

Price
10/10
Features
10/10
Customer service
10/10
Convenience
10/10
Trust
10/10
Less
, reviewed almost 6 years ago
Defence Bank Term Deposit review
Overall 9/10
Good rates

Great rates for my money.

Read full review

Great rates for my money.

Price
9/10
Features
9/10
Customer service
9/10
Convenience
9/10
Trust
9/10
Less
Mozo community reviewer, Queensland reviewed about 7 years ago
Defence Bank Term Deposit review
Overall 10/10

Thrilled with the current 12 month rate of 6.8%, missed the boat with the big banks in December so thrilled to see it back, and good to be with a credit union.

Read full review

Thrilled with the current 12 month rate of 6.8%, missed the boat with the big banks in December so thrilled to see it back, and good to be with a credit union.

Price
10/10
Features
9/10
Customer service
10/10
Convenience
9/10
Trust
10/10
Less
Talitha, Queensland reviewed almost 11 years ago

Term deposit quick links