RBA Cash Rate: 4.35% · 1AUD = 0.67 USD · Inflation: 4.1%  
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Example Interest Rates: Home Loan Variable: 5.20% (5.24%*) • Home Loan Fixed: 5.48% (6.24%*) • Fixed: 5.48% (6.24%*) • Variable: 5.20% (5.24%*) • Investment IO: 5.78% (6.81%*) • Investment PI: 5.49% (6.32%*)

  Everyday Access

A helping hand when you might need it most. If your bank balance dips a little low, a Defence Bank overdraft facility offers the safety net of additional funds at short notice for unexpected emergencies.
Category: Overdrafts  Last Updated April 16, 2024  Effective December 21, 2015

 General Lending Rates

Rates listed below are for a VARIABLE product. Additional Information
Interest Rate
13.99% PA
Comparison Rate
0.00%PA*
Product rates will vary depending upon your financial position< LVR, and other criteria. The product may also vary depending upon the rate type, repayment type, or loan purpose. We encourage you to contact us for a full understanding of the product and terms.

 Product Features

  • Overdraft Additional Information: Overdraft
  • Card Access Additional Information: Choice of Visa Debit card
  • Other Additional Information: Lock & Block
  • Notifications Additional Information: Card Alerts
  • Digital Wallet Additional Information: Apple/Google/Samsung/Fitbit/Gamin Pay
  • Digital Wallet Additional Information: Quick Cards
  • Bill Payment Additional Information: Bpay
  • Npp Payid
  • Npp Enabled
  • Unlimited Txns
  • Other Additional Information: Bank@Post
  • Other Additional Information: Round Up
  • Digital Banking
  • Other Additional Information: Cheque book
  • Other Additional Information: Deposit book
  • Other Additional Information: No annual fee.
  • Other Additional Information: No application fees.
  • Other Additional Information: No monthly fees.

 Product Eligibility

  • Residency Status Additional Information: Australian residents only.
  • Min Age Additional Information: 18
  • Other - Lending Criteria.. Additional Information: Individuals must have capacity.

 Bank Fees and Charges

  • Loan Variation Fee (Event), Amount: 50.00. Additional Information: Payable when the loan conditions are varied at the request of the loan holder
  • Overlimit Fee (Event), Amount: 10.00. Additional Information: Payable each time the account exceeds its credit limit by more than $50AUD without authorisation and daily for subsequent debit transaction(s) where the credit limit has already exceeded by more than $50.
  • Arrears Reminder Notice Fee (per Letter) (Event), Amount: 20.00. Additional Information: Payable each time we send you a reminder notice relating to arrears on a loan
  • Default Notice (enforcement Notice) (Event), Amount: 20.00. Additional Information: Payable each time we send you a reminder notice relating to a default on a loan

 Limitations & Restrictions (Constraints)

  • Min Limit of $500.00
  • Max Limit of $50,000.00

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