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 NAB
Compare Defence Bank and NAB savings accounts side by side. In March 2026, Defence Bank offers 1 account with rates up to 4.65% p.a., while NAB has 2 accounts reaching 4.70% p.a. NAB currently leads by 0.05%.
VS
2 live products
NAB
Best available rate
4.70%p.a.
iSaver
Highest ranked offer currently surfaced for this bank on the compare page.
Base rate
1.40%
Bonus
0.00%
Conditions
No monthly hoops
Live edge
NAB leads on headline savings rate by 0.05% p.a. right now. Use the feature table below to see whether that edge comes with extra conditions.
0.05% gap
Feature Comparison
Side-by-side view of the strongest offers surfaced above.
| Feature | Defence Bank | NAB |
|---|---|---|
| Max rate | 4.65% | 4.70% |
| Base rate | 0.10% | 1.40% |
| Bonus rate | 4.55% | 0.00% |
| Has conditions | Yes | No |
All Defence Bank Products
Every tracked savings accounts option from Defence Bank.
All NAB Products
Every tracked savings accounts option from NAB.
In March 2026, Defence Bank's Max eSaver offers up to 4.65% p.a. (0.10% base + 4.55% bonus), while NAB's iSaver reaches 4.70% p.a.. NAB currently leads by 0.05% p.a.
NAB offers its top rate unconditionally, while Defence Bank requires monthly conditions. NAB's rate includes an introductory component for 4 months. NAB's rate applies on balances up to $20,000,000.
Defence Bank has 1 savings product and NAB has 2, giving you a range of options to compare.
Quick Comparison
| Feature | Defence Bank | NAB |
|---|---|---|
| Max Rate | 4.65% | 4.70% |
| Base Rate | 0.10% | 1.40% |
| Bonus Rate | 4.55% | 0.00% |
| Conditions Required |
Common Questions
Defence Bank vs NAB FAQs
Which bank has the better savings rate, Defence Bank or NAB?
NAB currently offers the higher rate at 4.70% 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 NAB's best savings account rate in 2026?
NAB's best savings rate is 4.70% p.a. on the iSaver.
Do Defence Bank and NAB savings accounts have conditions?
NAB's top rate has no ongoing conditions, while Defence Bank requires meeting bonus conditions each month to earn the full advertised rate.