1 live product
Defence Bank
Best available rate
4.65%p.a.
Max eSaver
Highest ranked offer currently surfaced for this bank on the compare page.
Base rate
0.10%
Bonus
4.55%
Conditions
Bonus rules apply
Finding the best rates…
Savings Accounts Comparison
Bank One
Defence Bank
Best available
Up to 4.65% p.a.
Line-up
1 live product
VS
Defence Bank vs Great Southern Bank
Compare Defence Bank and Great Southern Bank savings accounts side by side. In March 2026, Defence Bank offers 1 account with rates up to 4.65% p.a., while Great Southern Bank has 5 accounts reaching 5.00% p.a. Great Southern Bank currently leads by 0.35%.
VS
5 live products
Great Southern Bank
Best available rate
5.00%p.a.
Youth Esaver
Highest ranked offer currently surfaced for this bank on the compare page.
Base rate
5.00%
Bonus
0.00%
Conditions
No monthly hoops
Live edge
Great Southern Bank leads on headline savings rate by 0.35% p.a. right now. Use the feature table below to see whether that edge comes with extra conditions.
0.35% gap
Feature Comparison
Side-by-side view of the strongest offers surfaced above.
| Feature | Defence Bank | Great Southern Bank |
|---|---|---|
| Max rate | 4.65% | 5.00% |
| Base rate | 0.10% | 5.00% |
| Bonus rate | 4.55% | 0.00% |
| Has conditions | Yes | No |
All Defence Bank Products
Every tracked savings accounts option from Defence Bank.
All Great Southern Bank Products
Every tracked savings accounts option from Great Southern Bank.
In March 2026, Defence Bank's Max eSaver offers up to 4.65% p.a. (0.10% base + 4.55% bonus), while Great Southern Bank's Youth Esaver reaches 5.00% p.a.. Great Southern Bank currently leads by 0.35% p.a.
Great Southern Bank offers its top rate unconditionally, while Defence Bank requires monthly conditions. Great Southern Bank's rate applies on balances up to $5,000.
Defence Bank has 1 savings product and Great Southern Bank has 5, giving you a range of options to compare.
Quick Comparison
| Feature | Defence Bank | Great Southern Bank |
|---|---|---|
| Max Rate | 4.65% | 5.00% |
| Base Rate | 0.10% | 5.00% |
| Bonus Rate | 4.55% | 0.00% |
| Conditions Required |
Common Questions
Defence Bank vs Great Southern Bank FAQs
Which bank has the better savings rate, Defence Bank or Great Southern Bank?
Great Southern Bank currently offers the higher rate at 5.00% p.a., compared to 4.65% p.a. Rates are sourced from live data and change frequently.
What is Defence Bank's best savings account rate in 2026?
Defence Bank's best savings rate is 4.65% p.a. on the Max eSaver, consisting of a 0.10% base rate and 4.55% bonus rate. This rate requires meeting monthly bonus conditions.
What is Great Southern Bank's best savings account rate in 2026?
Great Southern Bank's best savings rate is 5.00% p.a. on the Youth Esaver.
Do Defence Bank and Great Southern Bank savings accounts have conditions?
Great Southern Bank's top rate has no ongoing conditions, while Defence Bank requires meeting bonus conditions each month to earn the full advertised rate.