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 Heritage Bank
Compare Defence Bank and Heritage Bank savings accounts side by side. In March 2026, Defence Bank offers 1 account with rates up to 4.65% p.a., while Heritage Bank has 1 account reaching 4.10% p.a. Defence Bank currently leads by 0.55%.
VS
1 live product
Heritage Bank
Best available rate
4.10%p.a.
Online Saver
Highest ranked offer currently surfaced for this bank on the compare page.
Base rate
2.70%
Bonus
0.00%
Conditions
No monthly hoops
Live edge
Defence Bank leads on headline savings rate by 0.55% p.a. right now. Use the feature table below to see whether that edge comes with extra conditions.
0.55% gap
Feature Comparison
Side-by-side view of the strongest offers surfaced above.
| Feature | Defence Bank | Heritage Bank |
|---|---|---|
| Max rate | 4.65% | 4.10% |
| Base rate | 0.10% | 2.70% |
| Bonus rate | 4.55% | 0.00% |
| Has conditions | Yes | No |
All Defence Bank Products
Every tracked savings accounts option from Defence Bank.
All Heritage Bank Products
Every tracked savings accounts option from Heritage Bank.
In March 2026, Defence Bank's Max eSaver offers up to 4.65% p.a. (0.10% base + 4.55% bonus), while Heritage Bank's Online Saver reaches 4.10% p.a.. Defence Bank currently leads by 0.55% p.a.
Defence Bank's top rate requires meeting bonus conditions each month, while Heritage Bank offers its rate with no ongoing requirements. Heritage Bank's rate includes an introductory component for 4 months. Defence Bank's rate applies on balances up to $1,000,000.
Defence Bank has 1 savings product and Heritage Bank has 1, giving you a range of options to compare.
Quick Comparison
| Feature | Defence Bank | Heritage Bank |
|---|---|---|
| Max Rate | 4.65% | 4.10% |
| Base Rate | 0.10% | 2.70% |
| Bonus Rate | 4.55% | 0.00% |
Common Questions
Defence Bank vs Heritage Bank FAQs
Which bank has the better savings rate, Defence Bank or Heritage Bank?
Defence Bank currently offers the higher rate at 4.65% p.a., compared to 4.10% 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 Heritage Bank's best savings account rate in 2026?
Heritage Bank's best savings rate is 4.10% p.a. on the Online Saver.
Do Defence Bank and Heritage Bank savings accounts have conditions?
Heritage Bank's top rate has no ongoing conditions, while Defence Bank requires meeting bonus conditions each month to earn the full advertised rate.