Australian Military Bank Credit Cards

The Australian Military Bank started in 1959 as the Navy (Civil Staff) Co-op. Ltd. It gradually extended its membership to include all serving members and civilian employees of all Australian armed services. After merging with the Army Defence (NSW) Credit Union in 1983, it changed its name to the Australian Defence Credit Union. A final change in 2015 saw its name become the Australian Military Bank.

Mutual structure like a credit union

Just like a credit union, the Australian Military Bank has a mutual structure. That is, it is run for the benefit of its members, who are also shareholders and therefore the owners of the bank. It currently has over 50,000 members, 30 branches plus ATMs mainly located on-site at Australian military bases, and manages in excess of $1.3 billion of members’ funds.

Australian Military Bank financial products

The bank’s products include a credit card (the Australian Military Bank Low Rate Visa Card), transaction and savings bank accounts, term deposits, home loans, personal and car loans, superannuation savings accounts and insurance.

Anyone can be a member

Although the Australian Military Bank specialises in providing financial services to the defence community, anyone can become a member and have a bank account or credit card.

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Q&A's about Australian Military Bank Credit Cards from customers

Q: What is the Australian Military Bank?

It’s a mutual bank, owned by members and run for their benefit in the same way as a credit union. It has been in existence since 1959 (under various names) and now has over 50,000 members and more than $1.3 billion in funds under management.

Q: Can anyone become a member of the Australian Military Bank?

Yes. Although it’s a bank specialising in providing financial services to the defence community, anyone can become a member and have a bank account or credit card.

Q: What kind of accounts and products does the Australian Military Bank offer?
  • A credit card: The Australian Military Bank Low Rate Visa Card
  • Bank savings and transaction accounts
  • Superannuation savings accounts
  • Term deposits
  • Home loans
  • Personal loans
  • Car loans
  • Home and contents insurance
  • Car insurance
  • Cover for personal property while in barracks or on deployment
Q: Does the Australian Military Bank have branches and ATMs?

Yes, it has 30 branches but most are located in or near military bases, such as Holsworthy Barracks in New South Wales and HMAS Cerberus in Victoria.

There is a branch at the bank’s head office at 45 Clarence Street, Sydney.

And you can manage your accounts, including your credit card, via online banking and a mobile app.

Q: Does the Australian Military Bank have online banking?


Q: Does the Australian Military Bank have a mobile app?


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