Defence Bank Membership


At Defence Bank we offer a wide range of products and services tailored to meet your financial needs. 

With a range of everyday bank accounts with flexible access options, combined with low fees or unlimited fee free transactions*, there's sure to be accounts that suit your needs.

There's no need to visit a branch. In order to make the joining process as quick and simple as possible, we're going to complete an online secure identification check (so you will need your current Driver Licence, Medicare card, passport or birth certificate) in order to open your accounts and register you for Defence Bank's Online Banking.

*Please refer to fees and charges schedule as some fees and charges may apply in certain circumstances.

Please read the information below which will assist you to complete your membership application.

To open your membership online you will need to be over the age of 18 and an Australian resident.

If you’re not yet 18, an Australian resident or if you want to open an account in joint names or a business account, please visit one of our branches or get in touch with our Contact Centre on 1800 033 139.

Saving your application

If you don't have the time, or all of your information on hand right now, don’t worry. You can save your application and return to complete it at any time by selecting the 'resume’ button.

To enable this, we’ll ask you to enter your email address and a unique password. You will need this email address and password to resume your saved application, and pick up right where you left off.

To get started, let's select which savings accounts you would like to open with your membership.

A transaction account with no monthly account fees and no minimum monthly deposits. More Info

Intro rate applies to the entire balance for the first three months and then converts to the standard iSaver rate. More Info

An account that encourages you to save with bonus interest paid where you make at least one deposit and no withdrawals in any calendar month. More Info

  1. A premium fixed rate term deposit with interest paid at maturity. Minimum investment of $1,000. More info
  2. To open a term deposit you will also need to set up an Everyday Access Account to send your initial deposit. We will then transfer  these funds to your Term Deposit.
  3. By selecting the Premium Term Deposit 11 month product you authorise Defence Bank to transfer the relevant funds from your Everyday Access Online account to this Term Deposit.
  4. If you wish to set up a joint Premium Term Deposit please complete this application and then call our Contact Centre on 1800 033 139 to add the second party.