Defence Bank

Compare the Defence Bank credit card by reviewing interest rates, fees, and charges to make an informed decision for your next card.

Defence Bank credit card

Defence Bank Credit Card

Defence Bank Credit Card

3.7

Balance transfer

6 months at 3.99% p.a.

Purchase rate

6 months at 3.99% p.a.

Interest-free days

55 days

Annual fee

$45.00 p.a. ongoing

Details

  • 3.99% for half a year on balance transfers, purchases, and cash advances (reverting to 8.99% p.a. thereafter).
  • A favorable 8.99% p.a. continuous interest rate on purchases and cash advances.
  • Enjoy up to 55 days interest-free on purchases.

Pros & cons

Pros
  • The low-interest rate for purchases and cash advances.
  • Even lower interest rate for the first 6 months on balance transfers, purchases, and cash advances.
  • Get an additional cardholder at no extra cost.
  • Compatible with digital wallets from Apple Pay, Google Pay, Samsung Pay, Fitbit Pay, and Garmin Pay.
Cons
  • No rewards program.
  • Basic card with no frills and perks.

Defence Bank is a member-owned bank that has been serving the Australian Defence Force and the broader community for over 40 years.

With a focus on providing financial products and services that align with the values of its members, Defence Bank offers a range of banking solutions, including a credit card designed to deliver cost savings and simplicity.

Applying for a Defence Bank Credit Card

Check that you meet the Defence Bank's eligibility criteria before applying for a credit card. Criteria include being an Australian citizen or resident, meeting minimum income requirements, and providing identification documents.

The application can be done online. You may need to upload copies of supporting documents. Once submitted, Defence Bank will carry out their credit assessment and notify you of their decision. They may require additional documentation, so watch out for a phone call.

Help choosing a Defence Bank credit card

Unlock tailored assistance to pinpoint the perfect Defence Bank credit card, aligning seamlessly with your financial goals and lifestyle demands.

  • FAQs

What are the eligibility criteria for applying for a Defence Bank credit card?

To apply for a Defence Bank credit card, you must be at least 18 years old, an Australian resident, and meet certain income and creditworthiness criteria. Membership with Defence Bank is also required, which may be open to members of the Australian Defence Force, their families, and related government departments.

Does the Defence Bank credit card offer any travel benefits?

The Defence Bank credit card lacks travel benefits.

Are there any fees associated with using a Defence Bank credit card overseas?

Using a Defence Bank credit card overseas may incur international transaction fees, including currency conversion fees. These fees are typically a percentage of the transaction amount. For detailed information on fees, refer to your credit card terms and conditions or contact Defence Bank directly.

Can I link my Defence Bank credit card to digital wallets for contactless payments?

Yes, you can link your Defence Bank credit card to digital wallets, including Apple Pay, Google Pay, and Samsung Pay. This enables you to make contactless payments with your smartphone or smart device at participating retailers, providing a convenient and secure payment option.