Defence Bank Kids Club Savings

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Kids Club Savings is a savings account from Defence Bank. It pays 5.25% p.a. with no bonus conditions.

Rate tiers

Every balance band in the bank's feed: base is the rate the bank pays.

One rate on every balance, with no upper limit.

Conditions

• not updated by the bank since 2026-10-14, before the Reserve Bank's cash rate rise of 4 November 2026; check its page, as the rate may have changed
• for members aged 0 to 11; only a parent or legal guardian can open it

Features

transactions

unlimited

Other features, in the bank's words:

• High interest

Fees, limits and who can open it

monthly fee

$0

interest paid

annually

interest calculated

daily

age

up to age 11

open to

personal customers

age limited

open only to people of certain ages (kids, youth or seniors accounts)

Who can open it, in the bank's own words:

• age 11 and under: The Defence Bank Kids Club account is the way to go for those aged 0-11 years.

About this account

Defence Bank Kids Club savings account is the way to go for those aged 0-11 years.

Data

• Defence Bank's own page for this account.
• The bank's documents its product record links to: terms and conditions, fees, eligibility.
• Our verbatim snapshot of the bank's product record (source), as fetched on 22 October 2026.
• We read the bank's own page and terms against this page on 1 November 2026: kids-club-account, www.defencebank.com.au, defence-bank-products-and-services-conditions-of-use.pdf, defence-bank-fees-and-charges-schedule.pdf, defence-bank-summary-of-accounts-and-access-facilities.pdf, disclosure-documents; conditions they state and its feed does not are listed above.
• /au/finance/savings-accounts/v1/brands/defence-bank.json: this bank's accounts and every balance band as JSON; Defence Bank's page lists them.
• The bank last updated this record on 14 October 2026. Rates are per annum as the bank states them; "stale" means the bank has not updated the record for over 60 days or since the latest cash rate change.

Other accounts at Defence Bank

• Cadet Saverstale savings account, 5.25% base at $50,000
• iSaver savings account, 0.50% base at $50,000
• Max E Saverstale savings account, 5.30% conditional at $50,000
• Salute Accountstale savings account, 4.00% base at $50,000
• Teen Saverstale savings account, 5.25% base at $50,000
• Everyday Accessstale transaction account, 0.00% base at $50,000

All of Defence Bank's accounts on its page, with its best rates per segment and rate kind, and every account at every bank.